In 2023, the median monthly income in Singapore amounted to around 4,752 Singapore dollars. In that year, full-time employees had a median monthly income of around 5,200 Singapore dollars, while part-time employees had a median monthly income of around 1,267 Singapore dollars.

In 2023, the mean monthly earnings for a female employee was around 5,700 Singapore dollars, while that for a male employee was about 7,200 Singapore dollars. Although the earnings for both males and females had increased, the gap between the mean monthly employees have not been decreased in the past ten years.

1. Reference month of June
2. Residents refer to Singapore Citizens and Permanent Residents.
3. Data for 2005 are not available as the Comprehensive Labour Force Survey was not conducted in these years due to the conduct of the General Household Survey 2005 by the Singapore Department of Statistics.
4. 2007 data have been adjusted based on latest revised population estimates from the Singapore Department of Statistics to facilitate comparisons with 2008 onwards.
5. Data pertain to full-time employed residents excluding full-time National Servicemen.
6. Before 2009, full-time employment refers to employment where the normal hours of work is at least 30 hours per week. From 2009 onwards, it refers to employment where the normal hours of work is at least 35 hours per week.
7. Gross monthly income from employment refers to income earned from employment. For employees, it refers to the gross monthly wages or salaries before deduction of employee CPF contributions and personal income tax. It comprises basic wages, overtime pay, commissions, tips, other allowances and one-twelfth of annual bonuses. For self-employed persons, gross monthly income refers to the average monthly profits from their business, trade or profession (i.e. total receipts less business expenses incurred) before deduction of income tax.

Source: Comprehensive Labour Force Survey, Manpower Research & Statistics Department, MOM

Singapore SG: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data was reported at 82.008 % in 2017. This records an increase from the previous number of 82.007 % for 2016. Singapore SG: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data is updated yearly, averaging 81.497 % from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 86.519 % in 2000 and a record low of 80.294 % in 2004. Singapore SG: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Singapore – Table SG.World Bank.WDI: Employment and Unemployment. Wage and salaried workers (employees) are those workers who hold the type of jobs defined as 'paid employment jobs,' where the incumbents hold explicit (written or oral) or implicit employment contracts that give them a basic remuneration that is not directly dependent upon the revenue of the unit for which they work.; ; International Labour Organization, ILOSTAT database. Data retrieved in September 2018.; Weighted average; Data up to 2016 are estimates while data from 2017 are projections.

In 2024, the median monthly salary for employed persons aged 45 to 49 years was 7,498 Singapore dollars. In that year, the median monthly income for all employed persons in Singapore was 5,500 Singapore dollars.

In 2023, annual wages in Singapore increased by 5.2 percent overall. The manufacturing industry saw an increase of four percent compared to the previous year. In comparison, the construction industry saw a wage change of 4.2 percent.

Source : Derived based on data from Central Provident Fund Board

Notes :

1) Average (Mean) Monthly Earnings (AME) refers to all remuneration received before deduction of the employee Central Provident Fund (CPF) contributions and personal income tax. It comprises basic wages, overtime pay, commissions, allowances and bonuses but exclude employer CPF contributions.
2) Data cover full-time and part-time employees who have CPF contributions. They exclude identifiable self-employed persons who have made CPF contribution.
3) Average (Mean) Monthly Earnings covers employees who contribute to the Central Provident Fund. Available quarterly, AME provides a timely rough gauge of average wage movement. However, the AME can be influenced by the changing mix of full-time and part-time workers and variations in overtime as the data are compiled based on the payroll of contributors to the CPF which do not allow for breakdown separately to full-timers and part-timers. Also, as AME pertains to mean earnings, it can be skewed upwards by a small number of very high income earners. For income of a typical worker, users should refer to the median Gross Monthly Income From Work and for wage growth of employees over a year they can refer to the Annual Wage Changes, both of which are available on MOM’s website.

In 2022, the average annual salary for technology employees at Singapore-based startups amounted to 108 thousand U.S. dollars. In comparison, the average salary for a business role stood at 78 thousand U.S. dollars.

Source: SINGAPORE DEPARTMENT OF STATISTICS

Data Last Updated: 31/07/2019

Update Frequency: 5 years

Survey period: Household Expenditure Survey 2017/18

Footnotes: Income data include employer CPF contributions.

Adapted from: https://tablebuilder.singstat.gov.sg/table/CT/16483

Source: SINGAPORE DEPARTMENT OF STATISTICS

Data Last Updated: 07/02/2024

Update Frequency: Annual

Survey period: Household Income From Work, Annual 2000-2023

Footnotes: Note: A resident employed household refers to a household where the household reference person is a Singapore citizen or permanent resident, and with at least one employed person. It is notable, for example, that some resident employed households in the lowest 10% owned a car (16.0%), employed a domestic worker (14.7%), lived in private property (8.0%) or were with household reference persons aged 65 years and over (36.6%) in 2023. It is also important to recognise that not all households are consistently in the same decile group from one year to the next. For example, a household may move down from a higher decile in a particular year due to the temporary unemployment of a household member, before moving up the deciles when the member resumes employment in the subsequent year. In comparing the performance of any particular decile group over time, it is therefore relevant to note that the comparison may not pertain to the same group of households. The Consumer Price Index (CPI) for All Items for the relevant household income group is used as the deflator to compute real income changes.

Adapted from: https://tablebuilder.singstat.gov.sg/table/CT/17908

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.

Source: SINGAPORE DEPARTMENT OF STATISTICS

Data Last Updated: 07/02/2024

Update Frequency: Annual

Survey period: Household Income From Work, Annual 2000-2023

Footnotes: Note: A resident employed household refers to a household where the household reference person is a Singapore citizen or permanent resident, and with at least one employed person.

Adapted from: https://tablebuilder.singstat.gov.sg/table/CT/17878

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.

Singapore SG: GDP: Growth: Adjusted Net National Income data was reported at 2.983 % in 2016. This records an increase from the previous number of 0.168 % for 2015. Singapore SG: GDP: Growth: Adjusted Net National Income data is updated yearly, averaging 6.464 % from Dec 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 23.556 % in 2010 and a record low of -6.632 % in 2008. Singapore SG: GDP: Growth: Adjusted Net National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Singapore – Table SG.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted average;

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.

In 2023, the median gross monthly starting salary of first-degree graduates from Singapore universities in full-time employment was 4,313 Singapore dollars. University graduate salaries have seen a continuous rise in Singapore.

Los salarios en Singapur disminuyeron a 6420 SGD/mes en el tercer trimestre de 2024 desde 6513 SGD/mes en el segundo trimestre de 2024. Los valores actuales, los datos históricos, las previsiones, estadísticas, gráficas y calendario económico - Singapur - Salarios.

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.

Singapore SG: Wage And Salaried Workers: Modeled ILO Estimate: Female: % of Female Employment data was reported at 90.728 % in 2017. This records a decrease from the previous number of 90.729 % for 2016. Singapore SG: Wage And Salaried Workers: Modeled ILO Estimate: Female: % of Female Employment data is updated yearly, averaging 90.534 % from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 94.183 % in 2000 and a record low of 89.215 % in 2012. Singapore SG: Wage And Salaried Workers: Modeled ILO Estimate: Female: % of Female Employment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Singapore – Table SG.World Bank: Employment and Unemployment. Wage and salaried workers (employees) are those workers who hold the type of jobs defined as 'paid employment jobs,' where the incumbents hold explicit (written or oral) or implicit employment contracts that give them a basic remuneration that is not directly dependent upon the revenue of the unit for which they work.; ; International Labour Organization, ILOSTAT database. Data retrieved in November 2017.; Weighted average; Data up to 2016 are estimates while data from 2017 are projections.

Singapore Gross National Income: USD data was reported at 336.530 USD bn in 2018. This records an increase from the previous number of 313.962 USD bn for 2017. Singapore Gross National Income: USD data is updated yearly, averaging 31.201 USD bn from Dec 1960 (Median) to 2018, with 59 observations. The data reached an all-time high of 336.530 USD bn in 2018 and a record low of 717.300 USD mn in 1960. Singapore Gross National Income: USD data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.A063: Gross National Income and Saving.