Singapore pegs 2024 GDP growth between 1% and 3%

City-state expects electronics demand recovery after 1.1% expansion in Q3

20231121 singapore GDP

Singapore's business district. The city-state's GDP growth is slower than nearby economies in Southeast Asia. (Photo by Hiroki Endo)

DYLAN LOH, Nikkei staff writer

SINGAPORE -- The Singaporean government on Wednesday projected its growth for 2024 to come in between 1% and 3%, as the trade-oriented economy expects a recovery in global electronics demand.

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