The closure of businesses, compounded by the global restrictions on movement, had had an adverse effect on its economy. Singapore went through its worse recession on record, while the resident unemployment rate increased. However, with restrictions in the country easing, economists have raised their forecasts for economic growth in Singapore for 2021.
https://www.statista.com/statistics/1098...tal-cases/
https://www.statista.com/statistics/1098...tal-cases/