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Economic Buzz: Singapore GDP Jumps 2.6% On Quarter In Q4

3 Jan 2022 , 08:24 AM

Singapores gross domestic product expanded a seasonally adjusted 2.6 percent on quarter in the fourth quarter of 2021, the Ministry of Trade and Industry said on Monday, following the 1.2 percent increase in the previous three months. On an annualized yearly basis, GDP jumped 5.9 percent, slowing from 7.1 percent in the third quarter. For all of 2021, GDP jumped 7.2 percent after shrinking 5.4 percent in 2020.

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