Singapore 2022 : Renewed optimism for the new year with concerns over rising prices and climate change

Singaporeans are optimistic about what the new year will bring but continue to be concerned over rising prices and the consequences of climate change.

Singapore, 11 January 2022 - Marking another year impacted by COVID-19, people are looking forward to what 2022 will hold, according to a new Ipsos' Global Advisor survey in 33 countries. Singaporeans are optimistic about what the new year will bring but continue to be concerned over rising prices and the consequences of climate change. And while most Singaporeans (70%) expect greater COVID vaccinations rates around the world, 67% of Singaporeans expect that air travel will still be less than it was in 2019.

Outlook for 2022

Most Singaporeans (70%) believe that more than 80% of the world’s population will receive at least one dose of a COVID-19 vaccine in 2022. Other Asian countries surveyed are similarly optimistic, with figures rising to 80% in China, 79% in Malaysia and 75% in India. Europeans are more sceptical about wider vaccine distribution, where figures fall to 42% in France, 38% in Switzerland and 33% in Germany.

Despite this optimism and the steady opening of vaccinated travel lanes (VTLs), Singaporeans do not expect that air travel will be back to pre-pandemic levels this year. 67% of Singaporeans say that people will still be flying less than they did in 2019.

With the hope that every dawn of a new year brings, eight in ten Singaporeans (79%) expect a better year in 2022, slightly higher than the optimism felt by 77% of Singaporeans at the end of 2020. 2021 seemed to have been a better year than 2020 for Singapore as with most countries. When asked a year before, 72% of Singaporeans said 2020 was a bad year for them and their families. This year (in 2021) when asked about 2021, this has dropped to 60%.

Rising Prices and Climate Change

Singaporeans’ optimism come tagged with certain concerns. A clear majority (82%) of Singaporeans expect prices in the country to increase faster than incomes this year. Some 45% of Singaporeans expect that major stock markets around the world will crash in 2022.

Singaporeans also believe we will see more climate change consequences this year, with 67% saying is likely that there will be more extreme weather events in Singapore in 2022 than there were in 2021.

 


These are the highlights for Singapore from the study. Click here to access the full set of questions and data charts with country comparisons.

Survey Methodology:

  • These are the results of a 33-market survey among 22,023 adults conducted by Ipsos on its Global Advisor online platform between Friday, October 22 and Friday, November 5, 2021. See technical notes HERE for all countries.
  • SINGAPORE: The sample consists of approximately 500 adults aged 21 – 74 in Singapore, and are more urban, more educated, and/or more affluent than the general population. The survey results should be viewed as reflecting the views of the more “connected” segment of their population.
  • The data is weighted so that each country’s sample composition best reflects the demographic profile of the adult population according to the most recent census data.

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