Singapore's economy has shown a robust performance in the second quarter of 2025, as its Gross Domestic Product (GDP) edged up to 4.4%, according to updated data released on 12 August 2025. This reflects a slight increase from the previous quarter, where the GDP growth rate was recorded at 4.3%.
The latest figures demonstrate the city's continuous economic resilience, marking a steady course on the path of recovery and growth amid global economic headwinds. The year-over-year comparison highlights the economy's capability to adapt and thrive, with the current quarter outperforming the previous one.
Analysts attribute this upward trajectory to a combination of factors including a rebound in external demand, advancements in the technology and manufacturing sectors, and robust domestic consumption. As Singapore's economy continues to navigate complex global challenges, this incremental growth underscores the nation's strategic advancements and policy measures to maintain stability and growth. Investors and policymakers alike will be closely watching how Singapore leverages its economic momentum in the upcoming months of 2025.