Singapore Digital Economy Report

Singapore’s Digital Economy Climbs To 18.6% Of GDP Within 2025

Singapore’s Digital Economy Rise To 18.6% Of GDP Within 2025

Singapore’s rapid digitalization and widespread Artificial Intelligence adoption propel its economy, with SMEs and non-tech sectors driving most of the growth.

Singapore’s digital economy has surged to new heights, accounting for 18.6% of the nation’s GDP in 2024, up from 14.9% in 2019, according to the Infocomm Media Development Authority (IMDA). The latest Singapore Digital Economy Report 2025 credits this expansion to rapid digitalization and a sharp rise in artificial intelligence (AI) use across industries.

The digital sector contributed S$128.1 billion to the economy last year, representing a S$12 billion increase from 2023. Notably, more than two-thirds of that growth …