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.

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

The Gross Domestic Product per capita in Singapore was last recorded at 67706.83 US dollars in 2024. The GDP per Capita in Singapore is equivalent to 536 percent of the world's average. This dataset provides - Singapore GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Singapore GDP Per Capita

• Singapore Gross Domestic Product (GDP) per Capita reached 90,689.000 USD in Dec 2024, compared with 85,392.000 USD in Dec 2023.
• Singapore GDP Per Capita data is updated yearly, available from Dec 1960 to Dec 2024, with an average number of 16,136.000 USD.
• The data reached an all-time high of 90,689.000 USD in Dec 2024 and a record low of 428.000 in Dec 1960.
• Mid-Year Population is used in the calculation of GDP per Capita.

Related information about Singapore GDP Per Capita data

• In the latest reports, Singapore GDP expanded 0.400 % YoY in Mar 2023.
• Singapore Nominal GDP reached 120.607 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) fell 0.011 % in Mar 2023.
• Gross Savings Rate of Singapore was measured at 47.456 % in Dec 2024.

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

Singapore: Personal income per capita, U.S. dollars: The latest value from is U.S. dollars, unavailable from U.S. dollars in . In comparison, the world average is 0 U.S. dollars, based on data from countries. Historically, the average for Singapore from to is U.S. dollars. The minimum value, U.S. dollars, was reached in while the maximum of U.S. dollars was recorded in .

Adjusted net national income per capita (current US$) in Singapore was reported at 50690 USD in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Singapore - Adjusted net national income per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Singapore SG: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 54,530.000 USD in 2017. This records an increase from the previous number of 52,350.000 USD for 2016. Singapore SG: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 10,875.000 USD from Dec 1962 (Median) to 2017, with 56 observations. The data reached an all-time high of 56,370.000 USD in 2014 and a record low of 490.000 USD in 1962. Singapore SG: GDP: USD: Gross National Income per Capita: Atlas Method 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: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

The gross domestic product (GDP) per capita in Singapore amounted to 90,670 U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by 85,670 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by 19,890 U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

Singapore GDP per capita for 2023 was $84,734, a 4.18% decline from 2022.

<ul style='margin-top:20px;'>

<li>Singapore GDP per capita for 2022 was <strong>$88,429</strong>, a <strong>11.09% increase</strong> from 2021.</li>
<li>Singapore GDP per capita for 2021 was <strong>$79,601</strong>, a <strong>29.5% increase</strong> from 2020.</li>
<li>Singapore GDP per capita for 2020 was <strong>$61,467</strong>, a <strong>6.98% decline</strong> from 2019.</li>
</ul>GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.

Within the ASEAN region, Singapore's disposable income per capita was projected to amount approximately **** thousand U.S. dollars. Despite, Vietnam was predicted to have the highest CAGR in terms of middle income population with **** percent from 2016 to 2021.

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.

GNI per capita, PPP (current international $) in Singapore was reported at 126190 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Singapore - GNI per capita, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Singapore SG: GDP: USD: Net Income from Abroad data was reported at -11.519 USD bn in 2017. This records an increase from the previous number of -15.999 USD bn for 2016. Singapore SG: GDP: USD: Net Income from Abroad data is updated yearly, averaging -163.961 USD mn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 1.962 USD bn in 1997 and a record low of -15.999 USD bn in 2016. Singapore SG: GDP: USD: Net Income from Abroad 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: Gross Domestic Product: Nominal. Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Singapore SG: GDP: USD: Gross National Income data was reported at 312.388 USD bn in 2017. This records an increase from the previous number of 293.765 USD bn for 2016. Singapore SG: GDP: USD: Gross National Income data is updated yearly, averaging 27.615 USD bn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 312.388 USD bn in 2017 and a record low of 717.333 USD mn in 1960. Singapore SG: GDP: USD: Gross 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: Gross Domestic Product: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

In 2025, Luxembourg was the country with the highest gross domestic product per capita in the world. Of the 20 listed countries, 13 are in Europe and five are in Asia, alongside the U.S. and Australia. There are no African or Latin American countries among the top 20. Correlation with high living standards While GDP is a useful indicator for measuring the size or strength of an economy, GDP per capita is much more reflective of living standards. For example, when compared to life expectancy or indices such as the Human Development Index or the World Happiness Report, there is a strong overlap - 14 of the 20 countries on this list are also ranked among the 20 happiest countries in 2024, and all 20 have "very high" HDIs. Misleading metrics? GDP per capita figures, however, can be misleading, and to paint a fuller picture of a country's living standards then one must look at multiple metrics. GDP per capita figures can be skewed by inequalities in wealth distribution, and in countries such as those in the Middle East, a relatively large share of the population lives in poverty while a smaller number live affluent lifestyles.

In 2024, Singapore had the highest GDP per capita across the Asia-Pacific region, an estimated ***** thousand U.S. dollars. In comparison, Myanmar had an estimated GDP per capita of approximately ****** U.S. dollars that year.

Historical chart and dataset showing Singapore gni per capita by year from 1962 to 2023.

The average for 2023 based on 42 countries was 30836 U.S. dollars. The highest value was in Singapore: 127544 U.S. dollars and the lowest value was in Afghanistan: 1992 U.S. dollars. The indicator is available from 1990 to 2023. Below is a chart for all countries where data are available.

GNI per capita, Atlas method (current US$) in Singapore was reported at 74750 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Singapore - GNI per capita, Atlas method - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.