In 2024, the average monthly household income per household member was 4,898 Singapore dollars. This was an increase from the previous year and the highest in a ten-year period.

Key information about Singapore Household Income per Capita

• Singapore Annual Household Income per Capita reached 38,976.554 USD in Dec 2022, compared with the previous value of 37,210.041 USD in Dec 2021.
• Singapore Annual Household Income per Capita data is updated yearly, available from Dec 2000 to Dec 2022, with an averaged value of 27,919.001 USD.
• The data reached an all-time high of 38,976.554 USD in Dec 2022 and a record low of 12,070.323 USD in Dec 2000.
• In the latest reports, Retail Sales of Singapore dropped 6.152 % YoY in May 2023.

CEIC calculates Annual Household Income per Capita from Monthly Average Household Income per Household Member multiplied by 12 and converts it into USD. The Singapore Department of Statistics provides Average Household Income per Household Member in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

In 2024, the median monthly household income per household member was 3,615 Singapore dollars. This was an increase from the previous year, which indicates that Singapore's economy is recovering from the COVID-19 pandemic.

Singapore Median Monthly Household Income From Work data was reported at 9,023.000 SGD in 2017. This records an increase from the previous number of 8,846.000 SGD for 2016. Singapore Median Monthly Household Income From Work data is updated yearly, averaging 6,053.000 SGD from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 9,023.000 SGD in 2017 and a record low of 4,398.000 SGD in 2000. Singapore Median Monthly Household Income From Work data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.H051: Household Income from Work: Resident Employed Households.

Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_a0a94216a4bb495fcd8682934ce85003/view

Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_c040090e33c36244606071f21b532af9/view

In 2023, the median monthly income in Singapore amounted to ***** Singapore dollars. In that year, full-time employees had a median monthly income of ***** Singapore dollars, while part-time employees had a median monthly income of ***** Singapore dollars.

In 2024, the average monthly household income per household member for the first decile was *** Singapore dollars. In comparison, the average household income for the 10th decile was ****** Singapore dollars.

In 2024, the average monthly household income in Singapore increased by *** percent, factored for inflation. This was from the increase in average household incomes, which indicates that Singapore's economy is recovering from the COVID-19 pandemic.

Singapore Median Monthly Household Income from Work Per Household Member data was reported at 2,699.000 SGD in 2017. This records an increase from the previous number of 2,584.000 SGD for 2016. Singapore Median Monthly Household Income from Work Per Household Member data is updated yearly, averaging 1,744.500 SGD from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 2,699.000 SGD in 2017 and a record low of 1,236.000 SGD in 2000. Singapore Median Monthly Household Income from Work Per Household Member data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.H051: Household Income from Work: Resident Employed Households.

Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_986f584509f939f2fe2d1c48f19bcecc/view

Singapore Employed Person: Resident: Gross Median Monthly Income: Female data was reported at 3,500.000 SGD in 2017. This records an increase from the previous number of 3,298.000 SGD for 2016. Singapore Employed Person: Resident: Gross Median Monthly Income: Female data is updated yearly, averaging 2,167.000 SGD from Jun 1994 (Median) to 2017, with 21 observations. The data reached an all-time high of 3,500.000 SGD in 2017 and a record low of 1,000.000 SGD in 1994. Singapore Employed Person: Resident: Gross Median Monthly Income: Female data remains active status in CEIC and is reported by Ministry of Manpower. The data is categorized under Global Database’s Singapore – Table SG.G059: Labour Force Survey: Ref. General Household Survey (GHS): Employment: By Gross Monthly Income.

Singapore Employed Person: Resident: Gross Median Monthly Income data was reported at 3,749.000 SGD in 2017. This records an increase from the previous number of 3,500.000 SGD for 2016. Singapore Employed Person: Resident: Gross Median Monthly Income data is updated yearly, averaging 2,333.000 SGD from Jun 1994 (Median) to 2017, with 21 observations. The data reached an all-time high of 3,749.000 SGD in 2017 and a record low of 1,200.000 SGD in 1994. Singapore Employed Person: Resident: Gross Median Monthly Income data remains active status in CEIC and is reported by Ministry of Manpower. The data is categorized under Global Database’s Singapore – Table SG.G059: Labour Force Survey: Ref. General Household Survey (GHS): Employment: By Gross Monthly Income.

The Singapore Department of Statistics undertakes the Household Expenditure Survey (HES) once in 5 years to collect detailed information from resident households in Singapore. The latest HES was conducted from Oct 2012 to Sep 2013. Topics covered include household consumption expenditure, households' income, socio-economic characteristics and ownership of selected consumer durables.

In 2024, the median monthly household income in Singapore increased by *** percent, factored for inflation. The change in real household income has reverted to the normal range before the pandemic-led recession.

Dataset from Ministry of Manpower. For more information, visit https://data.gov.sg/datasets/d_aa75b9227b47cbc12ffe0e3be4979546/view

Wages in Singapore increased to 6429 SGD/Month in the third quarter of 2025 from 6390 SGD/Month in the second quarter of 2025. This dataset provides - Singapore Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, almost all income groups recorded an increase in real median income per household member in Singapore. The largest increase was for the first and tenth decile income level, with a rise of *** percent.

Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_c1a7394aeb3a4265f1730ac09cd051d6/view

Singapore Personal Disposable Income: sa data was reported at 90,869.100 SGD mn in Dec 2024. This records an increase from the previous number of 87,914.700 SGD mn for Sep 2024. Singapore Personal Disposable Income: sa data is updated quarterly, averaging 22,072.350 SGD mn from Mar 1980 (Median) to Dec 2024, with 180 observations. The data reached an all-time high of 90,869.100 SGD mn in Dec 2024 and a record low of 3,553.500 SGD mn in Mar 1980. Singapore Personal Disposable Income: sa data remains active status in CEIC and is reported by Singapore Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.A089: Personal Disposable Income and Personal Saving: Current Prices: Seasonally Adjusted.