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Quarter-on-quarter growth rate GDP Singapore 2020

In the second quarter of 2020, Singapore's gross domestic product (GDP) contracted by 42.9 percent compared to the previous quarter. With two consecutive quarters of negative growth due to COVID-19, Singapore has entered a recession with its worst-ever economic contraction on record.

Quarter-on-quarter growth rate of the gross domestic product (GDP) of Singapore as of the 2nd quarter of 2020

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Sources

Release date

August 2020

Region

Singapore

Survey time period

Q2 2019 to Q2 2020

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

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