sin02

Singapore’s lead over Malaysia’s economy shrinking

  • Jul 18, 2018

SINGAPORE: Malaysia is inching closer to regaining its lead over Singapore’s economy after trailing for a third straight year. 

The nation’s gross domestic product was $314.5 billion in 2017, about $9.4 billion less than Singapore’s $323.9 billion, according to data from the World Bank. 

That deficit is set to shrink to just over $2 billion next year as forecasts see Malaysia’s economy expanding by about 5.5 percent in 2018 versus a 3.1 percent increase in Singapore, according to median
estimates of economists surveyed by Bloomberg. – Bloomberg

Source: https://www.thestar.com.my/business/business-news/2018/07/17/singapore-lead-over-malaysia-economy-shrinking/#bLAxSYzY3LShp3Hj.99