MTI Maintains 2015 GDP Growth Forecast at 2.0 to 4.0 Per Cent

26 May 2015. The Ministry of Trade and Industry (MTI) announced today that the GDP growth forecast for 2015 is maintained at 2.0 to 4.0 per cent.

The Singapore economy grew by 2.6 per cent on a year-on-year basis in the first quarter of 2015, faster than the 2.1 per cent growth in the preceding quarter. On a quarter-on-quarter seasonally-adjusted annualised basis, the economy expanded by 3.2 per cent, moderating from the 4.9 per cent growth in the preceding quarter.

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Economic Survey of Singapore First Quarter 2015