Singapore Gdp 2024 Forecast. Based on advance estimates1, the singapore economy grew by 2.9 per cent on a year. For the first half of 2024, singapore’s gross domestic product (gdp) growth averaged 3 per cent year on year.

The ministry of trade and industry (mti) announced today that singapore’s gdp growth forecast for 2024 has been narrowed to “2.0 to 3.0 per cent”, from “1.0 to 3.0 per cent”. The gross domestic product (gdp) in singapore expanded 4.10 percent in the third quarter of 2024 over the same quarter of the previous year.