Singapore's digital economy nearly doubled in five years: study

Digitalization across sectors totals $77bn in 2022, accounting for 17% of GDP

20231006 Digital Singapore

The new finding comes as the city-state expands its efforts in attracting global tech companies and talent from abroad, while also upskilling its own aging population. (NIKKEI montage/Source photos by  Reuters and AP)

TSUBASA SURUGA, Nikkei staff writer

SINGAPORE -- Singapore's digital economy nearly doubled in five years and reached 100 billion Singapore dollars ($73 billion), according to new government data released Friday, as the city-state seeks to strengthen its position as a key global tech hub.

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