Macroeconomics & Fed
Singapore’s nominal GDP grew 12.4% in Q2; real growth was 5.9%
Singapore recorded 12.4% year-on-year growth in GDP at current market prices in Q2 2026, while chained-volume real GDP grew 5.9%. The readings use different measurement bases; nominal growth is not the inflation-adjusted growth rate.
Singapore’s Department of Statistics reports that GDP at current market prices rose 12.4% year on year in the second quarter of 2026, accelerating from 7.8% in the first quarter. This is a nominal measure: it reflects output valued at current prices.
The same official national-accounts release reports real GDP growth of 5.9% year on year in Q2, easing from 6.3% in Q1. The chained-volume series adjusts for price changes to track output growth. These figures are different measures, not conflicting estimates; the 6.5 percentage-point gap is not itself an inflation rate.
The department lists its advance estimate for third-quarter GDP for release on 14 October 2026 at 08:00 Singapore time. Until that release, Q2 remains the latest quarter in the published series.
Dataset attribution: Contains information from Gross Domestic Product, Year On Year Growth Rate, Quarterly, accessed 9 October 2026 from the Singapore Department of Statistics via data.gov.sg, under the Singapore Open Data Licence v1.0. The chart is an original Python rendering by ForCryptoNews.
Educational information. Not investment advice.
Educational information. Not investment advice.