The Expat Edge

Singapore's Economy Just Contracted: What -0.3% GDP Means for Expats in the City-State

Singapore's Economy Just Contracted: What -0.3% GDP Means for Expats in the City-State

Published on: 18/04/2026

Singapore contracted 0.3% in Q1 2026 as Hormuz energy shortfalls hit petrochemicals and transport. What expats working in Singapore need to know about jobs, costs, and portfolios.