Singapore’s digital economy employs 222,000 and accounts for 20% of GDP: IMDA
Sector grew to S$144 billion in 2025 from S$136 billion the year before
Singapore's tech workforce grew 3.8 percent to 222,200 in 2025, driven by increased demand for tech talents across non-tech sectors, according to the Infocomm Media Development Authority (IMDA)'s report on Monday. The Singapore Digital Economy Report 2026 revealed that the digital economy expanded to S$144.1 billion in 2025, up from S$136.5 billion in 2024.
This sector, which encompasses the information and communications industry and digitalization beyond it, contributed 19.3 percent of Singapore's GDP in 2025, a 0.5 percent increase from 2024. Technology professionals accounted for 5.4 percent of total employment in Singapore, up from 5.3 percent in 2024 and 5.2 percent in 2023. The tech workforce in non-tech sectors rose by 5.3 percent year-on-year to 130,900 from 124,400 in 2024, while the number of tech professionals in tech sectors increased by 1.8 percent to 91,300 from 89,600 the previous year.
Tech jobs paid a median monthly wage of S$8,000, slightly higher than the overall resident median monthly wage of S$5,000. The digital economy's growth, which outpaced nominal GDP growth at 5.6 percent year-on-year, was primarily fueled by the digitalization of non-tech sectors, contributing S$97 billion to nominal value-added in 2025, a 3.6 percent increase from 2024.
Finance and insurance sectors led this charge, accounting for S$39.1 billion, followed by wholesale trade at S$29.3 billion. The tech sector's nominal value-added also surged to S$47.1 billion in 2025, from S$42.8 billion in 2024, making it one of the fastest-growing sectors in the Singapore economy.
Written by urgent.news from The Business Times - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
