Nominal GDP for Singapore was S$533.3bn in 2021, down from S$469.1bn in 2020. The Singaporean population was estimated at 5.9m in 2021 according to the IMF, while China is Singapore’s biggest trading partner.
Variables Surveyed for Singapore
Variables covered in our monthly analysis of Singapore include:
Consensus Forecasts for Singapore
Individual panellist forecasts are shown for each of the variables surveyed, along with the consensus (mean) forecast. The rows of forecasts are ranked by the GDP growth estimate for the current year, highest to lowest. In the hard copy and pdf version of the publication, we also show selected “comparison forecasters” including the Asian Development Bank, and IMF. The table below shows a small example set of forecasts for GDP growth and Consumer Prices (CPI), taken from our survey of September 2022.
Source: Asia Pacific Conensus Forecasts, September 2022