Singapore earns SGD 32.8 billion from tourism in 2025

Singapore saw the arrival of 16.9 million tourists in 2025, with the city-state earning a record SGD 32.8 billion (USD 25.9 billion) from tourism, officials said on Friday.

Minister-in-charge of Trade Relations Grace Fu announced an additional SGD 740 million in funding for the Tourism Development Fund over the next five years, building on the more than SGD 300 million injected in 2024.

“Our strong performance in 2025 is encouraging, but we cannot afford to be complacent. There are challenges on the horizon, given the Middle Asia energy crisis and its knock-on effects on consumer spending,” Fu said at the Tourism Industry Conference.

“This funding will support our ambitions under Tourism 2040, charting the next chapter of growth and ensuring that Singapore remains a compelling destination,” Channel News Asia quoted Fu as saying. Among other things, the fund will allocate SGD 5 million to a grant meant to help businesses undertake marketing activities and build attendance for business events in Singapore.