SINGAPORE – Singapore’s digital economy contributed $106 billion, or 17.3 per cent, to its gross domestic product in 2022 and created more than 200,000 tech jobs, according to new data released by the nation’s media regulator.
The second is the value-add that non-digital industries have from embracing digital technologies and solutions. Efforts to digitalise in other parts of the economy have also grown as their economic contribution grew from $38.6 billion to $72.8 billion over the five-year period. Most of these jobs are held by local workers, who command higher wages than the median salary of other residents here.
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