Singapore’s economy expanded by 5.7% year-on-year in the second quarter of 2026, driven by a robust surge in manufacturing output linked to artificial intelligence-related demand.
The advance estimates, released by the Monetary Authority of Singapore, highlight a strong performance in goods-producing sectors, which accelerated despite a broader easing in overall growth momentum compared to previous periods.
The manufacturing sector emerged as the primary engine of growth, benefiting from increased global demand for semiconductors and AI infrastructure components.
This industrial strength helped offset softer performance in other areas, underscoring the city-state’s continued relevance in the global technology supply chain.
The data suggests that while the pace of expansion may be moderating from peak levels, the underlying demand for high-tech goods remains resilient.
This growth trajectory contrasts with mixed signals from other Asian economies.