Singapore's Q4 economy grows 5.7 pct year on year, led by manufacturing

SINGAPORE, Jan. 3 (Xinhua) -- Singapore's economy grew 5.7 percent year on year in the fourth quarter of 2025, accelerating from a 4.3 percent expansion in the previous quarter, advance estimates from the Ministry of Trade and Industry showed on Friday.

On a seasonally adjusted quarter-on-quarter basis, gross domestic product expanded 1.9 percent, slowing from 2.4 percent growth in the third quarter, the ministry said.

For the full year, the economy grew 4.8 percent in 2025, up from 4.4 percent in 2024. In his New Year message this week, Prime Minister Lawrence Wong said that growth had been stronger than expected, while cautioning that maintaining the current pace would be challenging.

The manufacturing sector was the main driver of growth in the fourth quarter, expanding 15 percent from a year earlier, compared with 4.9 percent growth in the third quarter. The ministry said the increase was largely driven by higher output in the biomedical manufacturing and electronics clusters.■