Singapore Economy: 2023, Q4 GDP

A general view of the Singapore Central Business District skyline, Marina Bay Sands, the Arts and Sciences Museum and the seating deck at Marina Bay on August 1, 2015 in Singapore.

Al-Suhaimi Abdullah Getty Images

SINGAPORE – Singapore's economy grew 2.2% year-on-year in the fourth quarter of last year, lower than prior estimates of 2.8% growth and a Reuters forecast for 2.5% growth, official data showed on Thursday.

However, the reading indicates a sharp increase from the 1% growth in the previous quarter.

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