Singapore’s manufacturing output declined by 1.3% year-on-year in February 2025, marking a significant departure from analysts’ expectations of a 7% increase. The drop was primarily driven by a substantial contraction in the biomedical manufacturing sector, which saw a 14.3% decrease in output, largely due to a 30% decline in pharmaceutical production. Additionally, the electronics sector, a key contributor to the country’s manufacturing industry, recorded a 6.4% year-on-year decline, with semiconductor production down by 9.5%.

The overall decline in manufacturing output highlights the ongoing challenges faced by key sectors, especially in the wake of shifting global demand patterns and supply chain disruptions. Despite this, Singapore’s manufacturing sector remains a critical part of the economy, and authorities are focused on strategies to boost productivity and resilience in the face of these challenges.

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