Singapore’s economy grew 5.4% year-on-year in the third quarter of 2026, according to advance estimates from the Ministry of Energy, Trade and Industry, moderating from 6.2% growth in the previous quarter. On a quarter-on-quarter seasonally adjusted basis, GDP expanded 1.1%.
Manufacturing Slows
Manufacturing growth eased to 7.5% from 12.9%, as gains in electronics, precision engineering, transport engineering and general manufacturing outweighed declines in chemicals and biomedical output. Construction accelerated to 8.8% from 6.1%. The reading beat economists’ expectations of 5%, and the government expects full-year growth of 4.5% to 5.5%.
