GDP expanded 0.7% in 2019

Submitted By:  Staff Reporter Case Study:  No The slower growth was partly driven by the manufacturing sector contracting 1.4%. For the whole 2019, the Singapore economy expanded by 0.7%, slower than the 3.4% growth recorded in 2018, the Ministry of Trade and Industry (MTI) said in a press release. The manufacturing sector contracted by 1.4% over the same period, a reversal from the 7% growth in 2018, weighed down by output declines in the electronics, chemicals, precision engineering and transport engineering clusters. read more