Singapore, Feb. 11 -- Singapore's Ministry of Trade and Industry (MTI) has upgraded the city-state's full-year economic growth forecast for 2026 to 2-4%, following stronger-than-expected economic performance in the fourth quarter of 2025, the revised projection marks a notable increase from the previous forecast of 1-3%.

The adjustment came after Singapore's gross domestic product (GDP) expanded by 6.9% year-on-year in the fourth quarter of 2025. The full-year growth estimate for 2025 was also raised to 5% from an earlier projection of 4.8%, while the 2024 figure was revised up to 5.3% from 4.4%. The last time the Singaporean economy recorded higher growth was in 2021, when it rebounded strongly from the COVID-19 pandemic with a 9.8% exp...