Economic Strategy Review (ESR)
Learn what the ESR is, why it matters for Singapore’s economy, and how its three strategic imperatives and eight thrusts aim to support growth and create good jobs.
Last updated on 21 September 2026
Why Is the Economic Strategy Review Important for Singapore’s Economy?
The ESR is Singapore's strategic plan to ensure we continue to grow, create good jobs, and stay competitive in a world that is becoming more contested and fragmented.
While Singapore's economy has served us well, the world it was built for is changing fast:
Geopolitical tensions are making global trade less predictable;
AI is changing what work looks like, where more can be done with fewer workers;
The shift to a greener economy is disrupting entire industries; and
Our population is ageing and workforce growth is slowing.
To navigate these changes, Singapore needs a clear strategy.
What Are the Three Strategic Imperatives of the Economic Strategy Review?
The strategy is anchored by three imperatives:
Sharpen Singapore’s value proposition;
Enhance our agility and adaptability; and
Build resilience alongside efficiency.
The ESR recommends how Singapore can secure growth and create good jobs in today’s rapidly changing world. Through these recommendations, the ESR aims to help Singapore not only withstand the changes around us but also seize new opportunities and strengthen prospects for Singaporeans.
What Are the Eight Thrusts of the Economic Strategy Review?
These imperatives shape eight thrusts:
Build global leadership in areas of strength and invest in future growth
Make Singapore a global leader in AI
Strengthen Singapore’s role as a connected and trusted hub
Foster a more dynamic enterprise ecosystem
Create more and a broader range of good jobs
Establish a stronger system for career transitions and worker support
Empower workers to learn for life and take charge of their careers
Build economic resilience
The ESR final recommendations set out not just where Singapore is headed, but how we get there, and what it means for workers, businesses and the economy.
Economic Strategy Review Final Report
More on the Economic Strategy Review
Find out more about the ESR and browse the final report, videos and media resources.
