Singapore; The Matrix of Asia

The share of the digital economy in Singapore reached 19.3% of GDP by 2025. The nominal added value of this sector increased to 144.1 billion Singapore dollars. The nominal added value of the digital economy grew by 5.6%, surpassing the nominal GDP growth of 3.1%. Its share rose from 18.8% in 2024, continuing a five-year upward trend, from 17.6% in 2021 to 19.3% today. Two-thirds of this added value comes from the digitalization of non-communications and information sectors, constituting 13% of GDP. The 13% share of non-communications sectors is IMDA's estimate of the added value attributed to investments in digital assets of these sectors, not the total added value of all these sectors. The information and communications sector accounts for only one-third of the remaining share, reaching 6.3%. Among the non-information and communications sectors, finance and insurance remain the largest source of digital added value, followed by wholesale and manufacturing; these three areas account for over 80% of the digitalization of non-communications. The real growth of the information and communications sector reached 6.1%, exceeding the real growth of the overall economy at 5%. The added value of digitalization in the rest of the economy also increased by 3.6%, reaching 97 billion Singapore dollars. Singapore ranks high in the adoption of artificial intelligence among OECD economies. The report 'Singapore Digital Economy 2026' published by the country's Infocomm Media Development Authority emphasizes the role of artificial intelligence during this period.