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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SingaporeSingapore Gross Domestic Product YoY climbed to 6.0% in January 2026
FMPMonthlyReleased May 2026
Singapore Gross Domestic Product YoY climbed to 6.0% in January 2026, released May 2026, up 0.3% from December's 5.7% reading. The print exceeded the 4.6% consensus by 1.4%. The print is running well above the 12-month average of 4.67%.
Latest Release
6
Actual
4.6
Consensus
5.7
Previous
Median Absolute Error
±0.75 percentage points
across last 9 releases
Last Call
May 2026
Predicted: 4.6
Actual: 6
Error: -1.4
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| BTC/USD | ▲ Direct | +0.47 | CRYPTO | Bullish BTC | → View |
| USD/SGD | ▼ Inverse | −0.32 | FOREX | Bearish USD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Gross Domestic Product YoY (Singapore) was reported at 6% in May 2026. This beat the market consensus of 4.6% by 1.4%. The reading rose from the previous value of 5.7%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 4.91%, ranging from 2.9% to 6.9% across 7 releases.
WHY IT MATTERS
The trailing three releases averaged 6.2%, up from the prior three at 3.83%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Bullish BTC). A secondary relationship exists with USD/SGD, negatively correlated (Bearish USD). Over the last 9 releases, the Sigmacast model's median absolute error is 0.75%.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include CPI YoY (Jun 23).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Gross Domestic Product YoY - SG
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About Gross Domestic Product YoY — Singapore
DEFINITION
Singapore's Gross Domestic Product YoY rose to 6.000000% in April, beating the 4.600000% estimate and up from March's 4.600000%. This acceleration signals stronger economic growth momentum compared to the prior month. Market participants will watch upcoming data for confirmation amid steady central bank policy. Updated 5/25/26
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2026): actual 6 %, consensus 4.6 %. Prior reading (Jan 2026): 4.6 %. Before that (Oct 2025): 6.9 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with BTC/USD (Bullish BTC, r=0.47) — a useful reference for crypto-focused traders.