Asia-Pacific · World Bank data · updated Sep 28, 2026

Singapore economy forecast

For 2026 the model expects inflation of 1.2%, GDP growth of 5.0% and unemployment of 3.1% in Singapore.

Inflation

CPI, annual %

1.2%

2026 forecast

Latest · 2025: 0.9%▲ +0.3 pp

GDP growth

Annual %

5.0%

2026 forecast

Latest · 2025: 5.0%▼ −0.1 pp

Unemployment

% of labor force, ILO modeled

3.1%

2026 forecast

Latest · 2025: 2.8%▲ +0.2 pp

GDP per capita

Current US$

$102,077

2026 forecast

Latest · 2025: $98,814▲ +3.3%

Population

Population, total

6.19M

2026 forecast

Latest · 2025: 6.11M▲ +1.3%

Singapore at a glance, 2026–2028

IndicatorLatest202620272028
Inflation0.9% 20251.2%1.3%1.4%
GDP growth5.0% 20255.0%4.9%5.2%
Unemployment2.8% 20253.1%3.1%3.1%
GDP per capita$98,814 2025$102,077$106,335$109,415
Population6.11M 20256.19M6.22M6.21M

Medians; each indicator's page shows its 80% range and backtest.

Other countries in Asia-Pacific

All countries

Statistical model, not financial advice. Forecasts are automatic outputs of TimesFM 2.5 on public data; outcomes land outside the 80% range about one time in five.