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singaporenews - 6 days ago

Singapore s digital economy reaches 18.6 pct of GDP in 2024

SINGAPORE, Oct. 7 (Xinhua) -- Singapore s digital economy accounted for 18.6 percent of the country s gross domestic product (GDP) in 2024, up from 14.9 percent in 2019, according to the Singapore Digital Economy Report 2025 released Monday by the Infocomm Media Development Authority. In 2024, the digital economy expanded by 12 billion Singapore dollars (approximately 9.24 billion U.S. dollars), reaching a total


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