Singapore's economy expanded by 4.3 per cent year-on-year in the second quarter of 2025, according to advance estimates released on July 14, slightly above the 4.1 per cent growth recorded in the first quarter. On a quarter-on-quarter seasonally adjusted basis, the economy grew by 1.4 per cent, recovering from a 0.5 per cent contraction in the previous quarter. For the first half of 2025 overall, GDP growth averaged 4.2 per cent year-on-year. Despite the stronger performance, authorities warned of continued uncertainty and downside risks in the global economy during the second half of the year, particularly due to unclear US tariff policies. Attribution: Amwal Al Ghad English Subediting: M. S. Salama Download
