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.

In 2020, ***** percent of resident employed households had a monthly income of 20 thousand Singapore dollars and over. In comparison, only **** percent of households had a monthly income of less than one thousand Singapore dollars.

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_936bc5a29091b3e41e5a1a962588a653/view

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.

Singapore AMHI: Per Household Member by Deciles: 1st data was reported at 554.000 SGD in 2017. This records an increase from the previous number of 543.000 SGD for 2016. Singapore AMHI: Per Household Member by Deciles: 1st data is updated yearly, averaging 361.000 SGD from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 554.000 SGD in 2017 and a record low of 297.000 SGD in 2005. Singapore AMHI: Per Household Member by Deciles: 1st 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.

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.

Singapore Monthly Hsehold Income fr Work Per Hsehold Member at 20th Percentile data was reported at 1,311.000 SGD in 2017. This records an increase from the previous number of 1,280.000 SGD for 2016. Singapore Monthly Hsehold Income fr Work Per Hsehold Member at 20th Percentile data is updated yearly, averaging 828.000 SGD from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 1,311.000 SGD in 2017 and a record low of 628.000 SGD in 2000. Singapore Monthly Hsehold Income fr Work Per Hsehold Member at 20th Percentile 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_69c4afd3a8088a1782f0d839a6178439/view

Singapore AMHI: Per Household Member by Deciles: 10th data was reported at 13,215.000 SGD in 2017. This records an increase from the previous number of 12,773.000 SGD for 2016. Singapore AMHI: Per Household Member by Deciles: 10th data is updated yearly, averaging 9,072.000 SGD from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 13,215.000 SGD in 2017 and a record low of 5,801.000 SGD in 2000. Singapore AMHI: Per Household Member by Deciles: 10th 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_6d878eb9c5a47f54fee7ce496f681e8d/view

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.

From 1995, the General Household Survey (GHS) is conducted in between 2 Population Censuses as a mid-decade mini-Census.

The General Household Survey (GHS) 2015 is the third in the series of mid-decade national survey. It covers a wide range of topics and provides comprehensive data on Singapore’s population and households in between the population censuses that are conducted once in ten years.

Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_4a02b0c381d4dbc9370cbb3f0ce255f2/view

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.

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.

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