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Singapore GDP Growth Slows in Q1 2026

Doha: Singapore's economy slowed in the first quarter of the year compared with the previous quarter, according to data released on Tuesday by the Singaporean Ministry of Trade and Industry.

According to Qatar News Agency, the ministry stated that Singapore recorded annual GDP growth of 4.6 percent in the first quarter, which is a decrease from the 5.7 percent growth registered in the final quarter of 2025.

On a quarter-on-quarter basis, Singapore's economy contracted by 0.3 percent in the first quarter, following a 1.3 percent expansion in the last three months of the previous year.

The ministry noted that while growth remained generally resilient in the first quarter, ongoing conflict in West Asia might affect economic activity in the coming months.

The statement also mentioned that detailed advance estimates of GDP for the first quarter of 2026-including sectoral performance, sources of growth, inflation, employment, and productivity-are scheduled to be released as part of Singapore's Economic Survey expected in May.