An undated photography of a night view of the Singapore skyline from the Marina Barrage.
Calvin Chan Wai Meng | Moment | Getty Images
Singapore’s GDP expanded by 4.4% in 2024, marking its fastest growth since 2021, government data showed Friday.
The economy had expanded by 1.8% in 2023.
For the fourth quarter alone, Singapore’s GDP grew 5% year on year, higher than the 4.7% forecast by the Reuters poll, but lower than the 5.7% expansion seen in the previous quarter.
The 5% growth figure also surpassed advance estimates of 4.3% announced on Jan. 2.
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