Impact of COVID-19 outbreak on GDP growth Singapore Q1 2020

In the first quarter of 2020, the Singapore GDP contracted by about 0.7 percent compared to the first quarter of 2019, while the quarter-on-quarter contraction was as high as 4.7 percent. This is Singapore's worst-ever contraction and is a worrying signal that the country is headed for worst recession since its independence.

Contraction in the GDP growth rate caused by the COVID-19 pandemic in Singapore in quarter one of 2020

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

$39 $59 per month *
in the first 12 months
33% Discount until June 30th
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$468 / Year
$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in
Sources

Release date

May 2020

Region

Singapore

Survey time period

Q1 2020

Supplementary notes

*Advanced estimates.

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Single Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract; Prices do not include sales tax.

Statistics on "Coronavirus (COVID-19) outbreak in Singapore"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.