Business · Economy · 1 hr ago
Singapore’s economy grows 5.4% in third quarter as manufacturing expands
Singapore’s economy grew 5.4% in the third quarter of 2026, according to advance estimates released on Wednesday.
That was slower than the 6.2% growth recorded in the second quarter.
Manufacturing expanded 7.5%, with growth in electronics, precision engineering, transport engineering and general manufacturing.
Strong demand for technology products, including those linked to artificial intelligence, supported manufacturing and exports.
Construction was the fastest-growing sector, expanding 8.8% as public and private building activity increased.
Several services sectors also grew, though growth in finance, information and communications, and professional services eased from the previous quarter.
The figures are early estimates based mainly on July and August data and may be revised when more information becomes available.
Singapore’s economy grew 5.4 per cent year on year in the third quarter of 2026, according to advance estimates.
Growth slowed from 6.2 per cent in the second quarter.
Manufacturing expanded 7.5 per cent, with output rising in electronics, precision engineering, transport engineering and general manufacturing.
Construction grew 8.8 per cent, the fastest rate among sectors.
Nikkei Asia attributed manufacturing growth to sustained AI-related demand, while METI cited expansions across several manufacturing clusters.
- Who
- Singapore’s economy.
- What
- It grew 5.4 per cent year on year in the third quarter of 2026.
- When
- The third quarter of 2026, covering July to September.
- Where
- Singapore.
- Why
- Nikkei Asia said sustained AI-related demand boosted manufacturing; METI cited growth in several manufacturing clusters.
This story does not have two clearly opposing sides.
Singapore’s economy grew 6.2 per cent year on year.
Singapore’s economy grew 5.4 per cent year on year, according to advance estimates.
The Ministry of Energy, Trade and Industry released the advance estimates.
- GDP growth
- 5.4 per cent year on year in Q3 2026
- Previous-quarter GDP growth
- 6.2 per cent year on year in Q2 2026
- Manufacturing growth
- 7.5 per cent year on year in Q3
- Construction growth
- 8.8 per cent year on year in Q3
- Quarter-on-quarter GDP growth
- 1.1 per cent, seasonally adjusted
2 sources
Related
Singapore central bank holds policy steady and lowers inflation forecast
51 mins ago · 3 sources
More than 20 Chinese automakers join Paris show as European competition grows
55 mins ago · 12 sources
Gold rises as oil prices fall and markets await US inflation data
45 mins ago · 4 sources
Oil tops $105 as Saudi strikes and Russia uncertainty unsettle markets
36 mins ago · 2 sources
