KEY POINTS
  • Heat stress could put a dent in labor productivity which could cost Singapore over $1.5 billion in economic losses by 2035, a recent study by the National University of Singapore showed.
  • In pre-pandemic 2018, heat strain caused an 11.3% fall in average productivity across Singapore's four big economic sectors, which is expected to rise to 14% in 2035.
People sitting by a pier during sunset in Singapore.

Singapore's economic losses due to heat stress could nearly double to $1.64 billion in 2035 from pre-pandemic 2018 due to a decline in labor productivity, a recent study by the National University of Singapore's Yong Loo Lin School of Medicine showed.

Back in 2018, heat strain caused an 11.3% fall in average productivity across Singapore's four big economic sectors — services, construction, manufacturing and agriculture. And it's on course to worsen.