Manufacturing drives Singapore's 5% economic expansion in 2025

New MTI data confirms manufacturing was the undisputed engine of the economy in 2025, expanding nearly 9%.

Singapore’s manufacturing recorded the strongest sectoral expansion in 2025, growing 8.7%, according to latest data from the Ministry of Trade and Industry (MTI).

Wholesale trade and information & communications each expanded 6.1%, whilst construction rose 5.2% and real estate increased 5.0%, the data showed.

Finance & insurance grew 4.3%, followed by transportation & storage and other services industries at 3.3% each. Accommodation expanded 3.1%, and professional services rose 2.0%.

Administrative & support services increased 1.4%, and retail trade grew 1.3%, whilst food & beverage contracted 0.9%, according to the ministry’s figures.

The overall economy expanded 5% in 2025, slightly below the 5.3% growth recorded in 2024, MTI said.

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Ministry of Trade and Industry

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