2026 in Singapore — chart by AsiaDailyPost — Contains information from "Gross Domestic Product At Current Prices, By Industry (SSIC 2020), Quarterly, Seasonally Adjusted" accessed on 5 July 2026 from Singapore Department of Statistics (data.gov.sg (Singapore Department of Statistics)) which is made available under the terms of the Singapore Open Data Licence version 1.0 (https://beta.data.gov.sg/open-data-licence). from Singapore

Singapore’s economy posted its highest quarterly output on record in the first three months of 2026, with gross domestic product at current prices reaching S$207.66 billion, seasonally adjusted figures show.

Peak output

The total surpasses the previous high of S$202.37 billion set in the final quarter of 2025, confirming that the city-state’s nominal output has now held above the S$200 billion mark for two consecutive quarters. The expansion marks a decisive break from the uneven recovery that followed the pandemic-era slump in 2020.

Factory floor strength

Manufacturing, the largest component of goods-producing industries, drove much of the gain. The sector delivered S$38.21 billion in value added during the quarter, its strongest showing since at least 2013 and a nearly 8% jump from the final three months of 2025.

Uneven sectoral picture

While manufacturing and construction both set new highs, utilities continued to lose ground. The segment shrank to S$2.67 billion, the lowest level in a year. Construction, meanwhile, surged to S$8.17 billion, extending a steady climb that began after a sharp contraction during the pandemic.

Total GDP: S$207.66 billion in Q1 2026
Manufacturing: S$38.21 billion — the dominant driver
Construction: S$8.17 billion — a new record
Utilities: S$2.67 billion — losing steam
Span from peak to low: GDP more than 60 times the utilities contribution in Q1

The composition of growth leaves an open question about how much longer goods-producing sectors can power overall expansion, particularly if global trade faces fresh headwinds in the second half of the year.

Source: Singapore Department of Statistics via data.gov.sg · 2026-07-05T09:13:13.460Z

#Topic Sig Singapore Singapore D C9347ee4d334356410301e62e8709d9e 2026

Singapore’s GDP Breaches S$207 Billion as Factories Drive Growth