Economists raise Singapore's 2026 growth forecast to 5%: MAS survey

Private-sector economists in Singapore have significantly raised their growth forecast for the country's economy in 2026, projecting a 5% growth rate, slightly lower than the Ministry of Trade and Industry's forecast of 5.5%. According to a survey conducted by the Monetary Authority of Singapore (MAS), 21 economists and analysts contributed to the projection, which is an increase from the previous forecast of 3.5%.

The survey also revealed that the economy is expected to grow by 4.6% in the third quarter of 2026 and 3.6% in the final quarter of the year. The primary upside for the Singapore economy is identified as a sustained AI-driven upturn in the technology cycle, while the main downside risks include a Middle East escalation or prolonged conflict and an AI bubble bursting.

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