Singapur PIB - Tasa de crecimiento anual

Singapore’s economy expanded 2.9% year-on-year in the third quarter of 2025, slowing from an upwardly revised 4.5% in Q2 as weakness in manufacturing weighed on overall performance. The latest reading marked the slowest pace of growth in two years, though it still exceeded market expectations of a 2% increase. The manufacturing sector was broadly flat compared to a year earlier, a sharp slowdown from the 5% expansion seen in the previous quarter. Meanwhile, the construction sector grew 3.1% in Q3, moderating from a 6.2% gain in Q2 as public and private sector projects progressed more gradually. Among the services industries, the wholesale & retail trade and transportation & storage sectors together expanded by 2.5%, easing from 4.9% growth in the prior quarter. The latest figures underscore the challenges facing Singapore’s open economy as it contends with higher US tariffs on exports, with trade restrictions on pharmaceuticals and electronics taking a heavy toll on external demand.