Singapore achieved solid GDP growth for 2025

archie7

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Need to get expert to say increase and doing very good. Then reward ownself again .. same boring Ten year series textbook ..

have to reward mah
if they dun get paid good enuff, will have corruption wor
 

chenaz

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Today is the last day of 2025.

2025 GDP grew at 4.8%, the best post covid.

Despite the fearmongering of economic collapse narrative during the 2025 election, Singapore emerged as a winner even with tariff, geopolitical tension between superpowers and countries. It is not rocket science that Singapore will always benefit economic shocks from overseas. Monies will always flow to Singapore during crisis.

No wonder all civil servants received solid bonuses.

Many Singkies believe in fearmongering will always be manipulated.
That's why this year mbs firework nom stop. Since 11pm every 5 minutes got firework
 

sg-united

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GDP does not reflect the quality and cost of living for the citizens though
GDP can be artificially inflated by engaging in wasteful government spending on projects with no real economic value
No, the govt said that inflation is low now. Quality of life is one of the best in the world.
 

Visor9999

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Then give out at least 1k cdc vouchers every quarter to help sinkies
 

Nuclear Boy

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"GDP growth" never ever trickles down to the people.
In fact, the whole "trickle down" schtick is just bullsh1t.
The only thing that trickles down is 💩. Shocking, I know.
 

RSKeisuke

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Today is the last day of 2025.

2025 GDP grew at 4.8%, the best post covid.

Despite the fearmongering of economic collapse narrative during the 2025 election, Singapore emerged as a winner even with tariff, geopolitical tension between superpowers and countries. It is not rocket science that Singapore will always benefit economic shocks from overseas. Monies will always flow to Singapore during crisis.

No wonder all civil servants received solid bonuses.

Many Singkies believe in fearmongering will always be manipulated.

From GPT:

GDP is useful, but it can seriously misrepresent how people are actually doing. Here are the main ways GDP figures can mask the real situation, with intuition rather than jargon.




1. GDP measures activity, not well-being


GDP counts economic transactions, not whether life is getting better.


  • A traffic accident → hospital bills, car repairs → GDP goes up
  • More stress, longer working hours, poorer health → not deducted
  • Caregiving for elderly parents at home → zero GDP, even though it’s valuable

👉 So GDP can rise while quality of life falls.




2. GDP ignores income distribution


GDP per capita is an average, not what most people experience.


Example:


  • GDP grows 4%
  • Top 10% capture most of the gains
  • Median worker’s real wages stagnate or fall

On paper: “economy is strong”
In reality: most households feel poorer


This is especially visible when:


  • Asset prices rise (stocks, property)
  • Wages lag inflation



3. Inflation can distort “growth”​


GDP is often reported in real terms, but:


  • Official inflation baskets may underweight essentials (housing, healthcare, education)
  • People feel cost pressure long before statistics show it

So:


  • “Real GDP is growing”
  • Households feel squeezed because their personal inflation is higher



4. GDP counts debt-fuelled growth the same as sustainable growth​


Borrowing boosts GDP today, regardless of tomorrow’s cost.


Examples:


  • Government deficit spending
  • Consumer credit expansion
  • Property bubbles

GDP rises now, but:


  • Future tax burden increases
  • Financial fragility builds
  • Growth may reverse sharply later

GDP does not warn you about this.




5. GDP ignores household balance sheets


Two countries can have the same GDP growth, but:


SituationGDP impactReality
Rising wages, low debt+Healthy
Flat wages, rising debt+Fragile

GDP does not show:


  • Household debt stress
  • Savings adequacy
  • Retirement readiness (a topic you’ve been thinking about)



6. Asset inflation inflates GDP without helping non-owners​


When:


  • Property prices surge
  • Stock markets rise

GDP rises via:


  • Construction
  • Financial services
  • Transaction fees

But if you don’t own assets:


  • Housing becomes less affordable
  • Wealth inequality widens

GDP celebrates this as “growth”.




7. GDP ignores job quality


GDP rises even if:


  • Jobs become more insecure
  • Gig work replaces stable employment
  • Workers are underemployed or overqualified

You can have:


  • Low unemployment
  • High burnout and anxiety

GDP sees only output, not conditions.




8. GDP ignores unpaid but essential work​


Examples:


  • Elder care
  • Childcare
  • Community support

As societies age (relevant to Singapore), more value is created outside markets, so GDP increasingly understates real effort and strain.




9. GDP ignores environmental and future costs​


Pollution, depletion, climate damage:


  • Increase GDP today
  • Impose large future costs

GDP records the benefit, not the liability.




10. Why governments still rely on GDP​


Because GDP is:


  • Easy to measure
  • Comparable across countries
  • Useful for tax revenue and macro planning

But it was never designed to measure human welfare.




Better indicators to look at alongside GDP​


If you want a clearer picture of reality:


  • Median real wage growth
  • Household debt-to-income
  • Savings rate
  • Housing affordability
  • Labour force underemployment
  • Gini coefficient (inequality)
  • Life satisfaction / health outcomes



Bottom line​


GDP can rise while people feel poorer, more stressed, and less secure.

So when someone says:


“The economy is doing well”

A better question is:


“For whom?”
 

wulu1_69

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How does ordinary sinkies get to benefit from gdp growth if their quality of life didn't improve
 
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