Singapore, 14 October 2026 – Singapore’s economy is expected to retain firm momentum in the near term, supported by artificial-intelligence-related technology activity, before that boost moderates in the second half of 2027. The Monetary Authority of Singapore’s latest assessment pairs a resilient growth outlook with a warning that the global AI investment cycle is creating new financial and demand risks.
The economy expanded 5.4% from a year earlier in the third quarter of 2026. Technology manufacturing and modern services remained important drivers as spending on computing equipment, data centres and semiconductor capacity supported trade and production. MAS expects computing and data-centre demand to continue rising through 2027, with semiconductor output staying elevated.
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