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.

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.

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

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.

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.

Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_69c4afd3a8088a1782f0d839a6178439/view

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

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 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 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 HIW: GINI: After Accounting for Govt Transfers & Taxes data was reported at 0.401 NA in 2017. This stayed constant from the previous number of 0.401 NA for 2016. Singapore HIW: GINI: After Accounting for Govt Transfers & Taxes data is updated yearly, averaging 0.419 NA from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 0.439 NA in 2007 and a record low of 0.401 NA in 2017. Singapore HIW: GINI: After Accounting for Govt Transfers & Taxes data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.H052: Household Income from Work (HIW): Per Household Member: Gini Coefficient (GINI).

Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_6d878eb9c5a47f54fee7ce496f681e8d/view

Singapore AMHI: Per Household Member by Deciles: 9th data was reported at 6,279.000 SGD in 2017. This records an increase from the previous number of 5,958.000 SGD for 2016. Singapore AMHI: Per Household Member by Deciles: 9th data is updated yearly, averaging 4,200.000 SGD from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 6,279.000 SGD in 2017 and a record low of 2,821.000 SGD in 2000. Singapore AMHI: Per Household Member by Deciles: 9th 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, 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.

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 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.

A survey on subscription services in Singapore in 2020 found that ** percent of respondents with household incomes between ***** and ****** Singapore dollars subscribed to at least one subscription service. By comparison, ** percent of respondents with household incomes of less than ***** Singapore dollars had at least one subscription to such services.

Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_936bc5a29091b3e41e5a1a962588a653/view