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AI capex wave pushes Singapore to double its 2026 growth outlook
['Randa Moses', 'John Palmer', 'Glory Kaburu', 'Aamir Sheikh']
Cryptopolitan
Singapore raised its 2026 growth forecast to 4.5%-5.5%.
And the fact that the forecast floor has been raised from 2.0% to 4.5% means the government now views the AI spending wave as a durable trend.
MTI hauls the 2026 forecast up more than two pointsSingapore’s April to June growth of 5.9% was slower than the 6.3% pace posted in the first quarter, according to MTI figures.
The first half of 2026 saw 6.1% year-on-year growth.
In October 2025, Cryptopolitan reported that a $350 billion AI spending push by the biggest US tech firms carried much of America’s headline growth.