Ministry of Trade and Industry
Building Singapore as a city of possibilities, and a home of great firms.
Singapore’s economy at a glance
+2.9%
Advance GDP Estimates, 3Q 2025 (YoY)
+15.0%
Total Merchandise Exports Aug 2025 (YoY)
+2.7%
Services Exports, 2Q 2025 (YoY)
+0.5%
Consumer Price Index, August 2025 (YoY)
A closer look at Singaporeʼs 2Q 2025 economic performance
Singaporeʼs economy grew by 4.4% year-on-year in the second quarter of 2025...

Highlights

Trade & International Economic Relations
Deepening trade ties, supporting open and fair trade, and helping businesses thrive across borders.

Industries
Developing competitive industries and enabling firms to grow. Driving innovation and increasing productivity in the economy.

Energy & Carbon
Supporting Singaporeʼs transition to a competitive, low-carbon economy, while safeguarding energy security and resilience.
Committee of Supply (COS) 2025
Find out more about MTIʼs strategies and plans in 2025.

Economic Reviews
Read more about the Economic Strategy Review and past economic reviews.


What we do
The MTI drives productivity-led growth, safeguards and expands our economic space, and builds a future-ready economy. Through these efforts, we create good jobs and opportunities for our people.
We work closely with our statutory boards to turn business ideas and strategies to life








