singaporesingapores economy grew at a slower pace in the fourth quarter of 2022 mainly due to a contraction in the manufacturing sector gross domestic product expanded 22 in the quarter ended december from a year earlier according to advance estimates released by the ministry of trade and industry on tuesday that was slower than the 42 growth in the third quarter but beat the 205 growth expected by four economists polled by the wall street journal for the whole of 2022 singapores economy grew 38 compared with the 76 expansion in 2021 manufacturing contracted 30 in the fourth quarter reversing from the 14 expansion in the prior quarter this was due to output contraction in the electronics chemicals and biomedical manufacturing clusters which outweighed output expansion in the precision engineering transport engineering and general manufacturing clusters the mti said construction grew 104 accelerating from the 78 expansion in the third quarter goodsproducing industries shrank 13 reversing from the 21 expansion in the prior quarter while servicesproducing industries expanded 41 slowing from the 58 growth in the third quarter singapores gdp grew 02 in the fourth quarter on a quarteroverquarter seasonally adjusted basis the data showed compared with the 11 expansion in the third quarter