Singapore’s Economic Growth Picked Up in Fourth Quarter

SINGAPORE—Singapore’s economy grew at a faster pace in the fourth quarter of 2023, thanks to strong expansion across the construction, manufacturing and services-producing industries.

Gross domestic product expanded 2.8% in the October-to-December period from a year earlier, according to advance estimates released by the Ministry of Trade and Industry on Tuesday. That was faster than the revised 1.0% growth posted in the third quarter.