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Back to Economic Calendar

GDP Growth Rate QoQ

SG

Key Values

Actual
1.40
Forecast
1.10
Previous
1.20

About This Indicator

Description

Measures the change in the inflation-adjusted value of all goods and services produced by the economy compared to the previous quarter. It is the primary indicator of economic health and growth. High growth suggests a robust economy, while negative growth indicates contraction.

Methodology

Calculated by comparing the total value of goods and services produced in the current quarter to the previous quarter, adjusted for inflation. It uses the expenditure approach, summing consumption, investment, government spending, and net exports.

Source: Singapore Department of Statistics

Full History

Historical Data
View data as table
DateActualForecastSurprise
Aug 11, 20261.401.10+0.30
Jul 14, 20261.101.100.00
May 25, 20261.300.10+1.20
Feb 26, 20262.101.90+0.20
Jan 2, 20261.90——
Nov 21, 20252.401.30+1.10
Oct 14, 20251.300.30+1.00
Aug 12, 20251.401.400.00
Jul 14, 20251.400.70+0.70
May 22, 2025-0.60-1.00+0.40
Apr 14, 2025-0.80-0.40-0.40
Feb 14, 20250.500.80-0.30
Jan 2, 20250.102.00-1.90
Nov 22, 20243.202.50+0.70
Oct 14, 20242.100.30+1.80
Aug 13, 20240.400.400.00
Jul 12, 20240.400.90-0.50
May 23, 20240.100.100.00
Apr 12, 20240.101.00-0.90
Feb 15, 20241.201.40-0.20
Jan 2, 20241.701.90-0.20
Nov 22, 20231.401.10+0.30
Oct 13, 20231.000.50+0.50
Aug 11, 20230.100.30-0.20
Jul 14, 20230.300.300.00
May 25, 2023-0.40-2.50+2.10
Apr 14, 2023-0.70-0.20-0.50
Feb 13, 20230.100.30-0.20
Jan 3, 20230.200.30-0.10
Nov 23, 20221.101.30-0.20
Oct 14, 20221.500.40+1.10
Aug 11, 2022-0.20——
May 25, 20220.700.80-0.10
Apr 14, 20220.401.90-1.50
Feb 17, 20222.302.60-0.30
Jan 3, 20222.602.00+0.60
Nov 24, 20211.300.80+0.50
Oct 14, 20210.802.20-1.40
Revision history
DateFirst printCurrentRevision
May 25, 202611.30+0.30 ↑

Statistics

Mean
0.83
Std Deviation
1.05
Trend
Rising
Forecast Accuracy
73.7%
Data Points
106
YoY
0.00