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.

Dataset from Ministry of Manpower. For more information, visit https://data.gov.sg/datasets/d_7b5fd60b047a80da91d2adb86cf47628/view

Mean Gross Monthly Income: Employed Residents data was reported at 6,113.000 SGD in Dec 2024. This records a decrease from the previous number of 6,138.000 SGD for Sep 2024. Mean Gross Monthly Income: Employed Residents data is updated quarterly, averaging 5,759.000 SGD from Jun 2021 (Median) to Dec 2024, with 15 observations. The data reached an all-time high of 6,138.000 SGD in Sep 2024 and a record low of 5,328.000 SGD in Jun 2021. Mean Gross Monthly Income: Employed Residents 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.G058: Mean Gross Monthly Income from Employment of Employed Residents.

Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_52760e82e8786bac11cca40eb29d1a93/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.

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

Singapore Employed Person: Resident: Gross Monthly Income (GI) data was reported at 2,125.400 Person th in 2017. This records an increase from the previous number of 2,112.900 Person th for 2016. Singapore Employed Person: Resident: Gross Monthly Income (GI) data is updated yearly, averaging 1,783.600 Person th from Jun 1996 (Median) to 2017, with 20 observations. The data reached an all-time high of 2,125.400 Person th in 2017 and a record low of 1,464.800 Person th in 1996. Singapore Employed Person: Resident: Gross Monthly Income (GI) 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 2020, 16.01 percent of resident employed households had a monthly income of 20 thousand Singapore dollars and over. In comparison, only 2.27 percent of households had a monthly income of less than one thousand Singapore dollars.

Singapore Employed Person: Resident: Gross Median Monthly Income: Male data was reported at 3,988.000 SGD in 2017. This records an increase from the previous number of 3,792.000 SGD for 2016. Singapore Employed Person: Resident: Gross Median Monthly Income: Male data is updated yearly, averaging 2,500.000 SGD from Jun 1994 (Median) to 2017, with 21 observations. The data reached an all-time high of 3,988.000 SGD in 2017 and a record low of 1,300.000 SGD in 1994. Singapore Employed Person: Resident: Gross Median Monthly Income: Male 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.

Key information about Singapore Monthly Earnings

• Singapore Monthly Earnings stood at 4,587 USD in Dec 2024, compared with the previous figure of 4,654 USD in Sep 2024
• Singapore Monthly Earnings data is updated quarterly, available from Mar 1995 to Dec 2024, with an average number of 2,913 USD
• The data reached the an all-time high of 4,654 USD in Sep 2024 and a record low of 1,452 USD in Sep 1998

CEIC converts quarterly Monthly Earnings into USD. The Singapore Department of Statistics provides Average Monthly Earnings in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Mean Gross Monthly Income is used which covers all income earned from employment of employed residents only, including self-employed persons who have made Central Provident Fund. Monthly Earnings prior to Q2 2021 are based on SSIC 2010 which be a different methodology. Average Monthly Earnings were used which cover all remuneration received, from employed residens and non-residents, excluding self-employed persons who have made Central Provident Fund.


Further information about Singapore Monthly Earnings

• In the latest reports, Singapore Population reached 6 million people in Jun 2024
• Unemployment Rate of Singapore increased to 2 % in May 2023
• The country's Labour Force Participation Rate dropped to 68 % in Jun 2024

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.

Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_d3cf684c024a4a277189b7c270dc854b/view

Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_a4ba888985c7e311f10d4a45a5eb2427/view

Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_bb771c5189ce18007621533dd36142bb/view

Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_96c1552562607cb3d74fe6a61e0345d4/view

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 a survey conducted on cryptocurrency users in Singapore in 2023, 19 percent of them had a gross monthly household income of under 15,000 Singapore dollars. According to the survey, six percent of cryptocurrency users had an monthly household income of over 250,000 Singapore dollars.

Singapore Employed Person: Resident: GI: SGD 3000-3999 data was reported at 306.100 Person th in 2017. This records an increase from the previous number of 299.300 Person th for 2016. Singapore Employed Person: Resident: GI: SGD 3000-3999 data is updated yearly, averaging 227.500 Person th from Jun 1996 (Median) to 2017, with 20 observations. The data reached an all-time high of 306.100 Person th in 2017 and a record low of 131.100 Person th in 1996. Singapore Employed Person: Resident: GI: SGD 3000-3999 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.

Employed Person: Resident: GI: SGD 11,000-11,999 data was reported at 47.600 Person th in 2024. This records an increase from the previous number of 40.600 Person th for 2023. Employed Person: Resident: GI: SGD 11,000-11,999 data is updated yearly, averaging 26.150 Person th from Jun 2009 (Median) to 2024, with 16 observations. The data reached an all-time high of 47.600 Person th in 2024 and a record low of 11.400 Person th in 2009. Employed Person: Resident: GI: SGD 11,000-11,999 data remains active status in CEIC and is reported by Ministry of Manpower. The data is categorized under Global Database’s Singapore – Table SG.G076: 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.