Singapore's GDP Grew by 6.5 Per Cent in the Third Quarter of 2021

Singapore's GDP Grew by 6.5 Per Cent in the Third Quarter of 2021

Singapore's GDP Grew by 6.5 Per Cent in the Third Quarter of 2021

14 October 2021. Based on advance estimates, the Singapore economy grew by 6.5 per cent on a year-on-year basis in the third quarter of 2021, moderating from the 15.2 per cent growth in the previous quarter. On a quarter-on-quarter seasonally-adjusted basis, the Singapore economy expanded by 0.8 per cent in the third quarter of 2021, a reversal from the 1.4 per cent contraction in the preceding quarter.

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MINISTRY OF TRADE AND INDUSTRY
14 October 2021