Singapore Business Review · 17 Sep, 21:30 · Business briefing

Economy to grow 2.7% through 2035, below 2024-25 pace: report

A recent report indicates that Singapore’s economy is projected to expand at an annual rate of 2.7% through 2035.

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The briefing

The story
in brief.

What happened, who it affects, and why it landed on our intelligence desk — in plain English, sixty seconds or less.

A recent report indicates that Singapore’s economy is projected to expand at an annual rate of 2.7% through 2035. This forecast represents a deceleration compared to the growth pace observed during the 2024-25 period. The data suggests a transition from rapid expansion to a more moderate, stabilised trajectory. Professionals should note this shift implies a maturing market where efficiency and strategic positioning will likely outweigh aggressive growth tactics. Understanding this macroeconomic context is essential for aligning personal career development with broader national economic trends and corporate planning horizons.

Employer demand for Data Science skills — indexed growth since 2019
Indicative index of skill mentions in professional job postings for the field this story moves (2019 = 1)

Your move

What this means
for your career.

Every headline redistributes opportunity. Here is who this one rewards — and how to be on the right side of it.

This slower growth trajectory signals a shift from rapid expansion to efficiency-driven value creation. You must adapt by prioritising skills that optimise resources and enhance productivity. Roles focused on data analysis and strategic planning will rise in prominence as organisations seek sustainable competitive advantages. You should pay close attention to industries leveraging technology for operational excellence. A smart professional would immediately upskill in data-driven decision-making and strategic risk management. Focus on certifications that demonstrate your ability to deliver measurable efficiency gains. By positioning yourself as a driver of sustainable growth rather than just volume, you remain indispensable. Prioritise learning outcomes that directly correlate with cost optimisation and long-term strategic resilience.

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Indicative salary uplift in the fields matched to this story
Indicative ranges from published continuing-education salary studies, by field — each field is a recommended course below

Matched to this story

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