International Business & Economy S’pore’s GDP: Quarter -2.0 % change is the worst of 38 countries?

S’pore’s GDP: Quarter -2.0 % change is the worst of 38 countries?

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By: Leong She Hian

Economic and financial indicators

I refer to the Economist magazine’s (Dec 24) Economic and financial indicators.

GDP – Quarter -2.0 % change on previous quarter, annual rate?

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Singapore is the worse out of 38 countries?

If we ignore the three South American countries – Argentina (-8.0), Brazil (-3.3) and Venezuela (-6.2) in economic turmoil now – Singapore’s GDP – Quarter -2.0 % change on previous quarter, annual rate, is the worse country out of the 38 countries in the table, which is published weekly by the Economist magazine.

What a way to end the year!

Happy New Year!

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