NewsSOS
GDP growth of 4.5% to 5.5% is now Singapore's official forecast for 2026, revised sharply higher from a prior range of 2% to 4%, according to the government. The revision credits AI-related demand.
The new floor of 4.5% is more than double the 2% low end of the previous outlook. How far the forecast moved The old range ran from 2% to 4%. The revised range, at 4.5% to 5.5%, sits entirely above the old ceiling.
Under the new band, even the most conservative growth scenario exceeds the most optimistic one in the prior forecast. The floor rose by 2.5 percentage points. The ceiling rose by 1.5 percentage points.
The revision more than doubled the minimum expected expansion. AI demand at the macro level Singapore's government identified AI-related activity as the driver of the upgrade.
Keep reading