Singapore’s Q2 growth reached 5.7% as electronics and precision engineering lifted manufacturing

Singapore’s Ministry of Trade and Industry says the economy grew 5.7% year on year in the second quarter of 2026, based on advance estimates. That was down from 6.3% in the preceding quarter; on a seasonally adjusted quarter-on-quarter basis, the economy grew 1.1%.

MTI says manufacturing expanded 12.2% year on year, accelerating from 8.0% in the prior quarter. The ministry attributes the increase largely to electronics and precision-engineering output, citing strong AI-related demand for semiconductors and semiconductor-manufacturing equipment.

The ministry also reports contractions in chemicals and biomedical manufacturing, and says manufacturing grew 5.3% quarter on quarter on a seasonally adjusted basis after a first-quarter contraction.

What to watch

This is an advance-estimate readout rather than a completed annual assessment. MTI reports the GDP and sector figures, and attributes the quarter’s manufacturing growth to AI-related semiconductor demand and equipment output.