Research Firms Raise Singapore 2026 GDP Growth Forecasts

Several major research houses have raised their 2026 gross domestic product growth forecasts for Singapore, citing a global artificial intelligence boom that is accelerating manufacturing and technology exports. The growth is primarily attributed to increased demand for graphics processing unit chips and other electronic components.

Nomura Global Markets Research issued the most optimistic projection, increasing its forecast to 5.7 percent from 4.6 percent. Similarly, UOB Global Economics and Markets Research and DBS Group Research both raised their forecasts to 5 percent, up from 4.8 percent and 4.3 percent respectively.

Analysts from Moody's Analytics attribute the nation's economic resilience to AI-linked technology exports. While experts identify potential risks stemming from conflict in the Middle East and U.S. tariffs, they expect continued support for the economy from construction projects, financial services, and trade-related services.