EconomySingapore raises 2026 GDP growth forecast to 4.5%-5.5%

Singapore has lifted its forecast for 2026 GDP growth to 4.5%–5.5%, from an earlier range of 2%–4%. The upgrade reflects stronger-than-expected performance in the first half of the year and a global surge in artificial-intelligence investment. Electronics delivered a record second-quarter expansion, helping trade growth beat expectations in the first half. The sector grew 88.1% in the second quarter and powered an 18.6% increase in non-oil domestic exports.