Singapore's economy grows 5.4 per cent in the third quarter, down from 6.2 per cent in the second

14 October 2026

Based on advance estimates, Singapore's economy grew 5.4 per cent year on year in the third quarter of 2026, moderating from 6.2 per cent in the previous quarter.
On a quarter-on-quarter seasonally adjusted basis, the economy expanded 1.1 per cent, easing from 1.5 per cent in the second quarter.
The manufacturing sector grew 7.5 per cent year on year, slower than the 12.9 per cent of the previous quarter.
Growth was supported by electronics, precision engineering, transport engineering and general manufacturing clusters, offsetting declines in chemicals and biomedical manufacturing.
The advance estimates were released by Singapore's trade ministry on 14 October 2026.