Singapore’s economic momentum slowed markedly in the second quarter of 2026, with quarter-on-quarter GDP growth easing to 1.0%, down from a robust 3.9% in the first quarter of the year.
According to the latest data, updated on 14 July 2026, the current figure reflects a much weaker expansion compared with the previous quarter’s performance. The first quarter of 2026 had registered a 3.9% quarter-on-quarter increase compared with the quarter before it, underscoring how sharply the pace of growth has cooled between the two periods.
The data are presented on a quarter-over-quarter basis, meaning the 1.0% reading for the second quarter measures the change in output from the first quarter of 2026, while the earlier 3.9% figure captured the change in the first quarter relative to the preceding quarter. This shift points to a clear deceleration in Singapore’s short-term growth trajectory heading into the second half of the year.
