ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Singapore ekes out 0.2% GDP growth in Q1 with COVID in check

Chips and other exports drive manufacturing rebound as vaccinations accelerate

Singapore's GDP shrank 5.4% in 2020, its worst performance since independence in 1965.   © Reuters

SINGAPORE -- The Singaporean economy grew 0.2% in the January-March quarter from a year earlier, preliminary data released on Wednesday shows, marking the first growth in a year after battling through the COVID-19 pandemic.

Following a 2.4% contraction in the October-December quarter, the latest data highlights the city-state's continued recovery from the worst of the crisis as it speeds up vaccinations.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more