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Singapore GDP Growth Rate QoQ
Singapore achieved independence in 1963, since then the economy has experienced fast expansion, resulting in the country having one of the world's highest GDP per capita today. The economy is primarily reliant on international trade, which includes both port activity and the export of electronic components and refined oil. The country is a leading beneficiary of foreign direct investment due to its standing as one of the world's most free, most competitive, and most business-friendly economies and is also a significant financial hub.
A higher than expected figure should be seen as positive (bullish) for the SGD while a lower than expected figure should be seen as negative (bearish) for the SGD.
Forex Sentiment (SGD)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| USDSGD |
|
|
1.2958 +217 pips |
1.2925 -184 pips |
1.27409 | |
| SGDJPY |
|
|
112.3415 -104 pips |
113.1373 +24 pips |
113.379 | |
| AUDSGD |
|
|
0.9309 +963 pips |
0.8779 -433 pips |
0.83461 | |
| CHFSGD |
|
|
1.5663 -394 pips |
1.6057 -0 pips |
1.60568 | |
| EURSGD |
|
|
1.4594 -414 pips |
1.4965 +43 pips |
1.50075 | |
| GBPSGD |
|
|
1.7340 -56 pips |
1.7508 -112 pips |
1.73959 |
News (SGD)
Singapore GDP Climbs 3.9% On Year In Q1
Singapore's gross domestic product expanded 3.9 percent on year in the first quarter of 2025, the Ministry of Trade and Industry said on Thursday.
RTTNews | 44 days ago
Singapore Central Bank Softens Monetary Policy
Singapore's central bank eased its monetary policy for the second time as inflation remained low, while downside risks to growth outlook increased due to the lack of clarity over policies of the US administration and trade frictions. The Monetary Authority of Singapore said it will continue with the policy of a modest and gradual appreciation of the S$NEER policy band.
RTTNews | 81 days ago
Singapore GDP Climbs 5.0% On Year In Q4
Singapore's gross domestic product expanded 5.0 percent on year in the fourth quarter of 2024, the Ministry of Trade and Industry said on Friday - slowing from 5.7 percent in the third quarter.
RTTNews | 141 days ago
