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Singapore's economy grew 4.4% in 2024, exceeding forecasts, but faces 2025 growth risks due to global uncertainties.
Singapore's economy grew 4.4% in 2024, surpassing initial forecasts, driven by strong performance in trade, finance, manufacturing, and electronics sectors.
However, retail and food and beverage sectors contracted due to increased overseas spending.
The Ministry of Trade and Industry forecasts 2025 growth between 1-3%, citing global economic uncertainties and trade frictions as potential risks.
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La economía de Singapur creció un 4,4% en 2024, superando las previsiones, pero enfrenta riesgos de crecimiento en 2025 debido a incertidumbres globales.