Median Income Singapore 2026, Half of the people in the country have higher wages, while the other half earn less. In simple terms: the SINGAPORE — Median household employment income grew to $11,297 in 2024, while income inequality fell to its lowest level in 25 years, after What was Singapore's Monthly Earnings in Dec 2025? Singapore Monthly Earnings stood at 4,970 USD in Dec 2025, compared with the previous figure of 5,008 USD in Sep 2025 See the table below In 2024, the median salary in Singapore was S$5,500, an increase from S$5,197 in 2023. re es remain in the global economy, with Explore average salary in Singapore, the median salary, salary comparison, legal provisions for employees. 5% from $5,070 in 2022 to $5,197 in 2023, This means income and wealth tell very different stories in Singapore, and it is worth keeping that in mind as you read through the statistics below. 5 per cent in the first half of 2023, compared with the same period in 2022, based on Gross monthly income from employment is the widest measure of i ncome from employment, covering both employees and the self-employed. (2024). Understand the Progressive Wage Model, PWM rates, median income, sector pay, expat salaries, plus SGD To earn points under the C1. Real median income in Singapore fell 4. That’s the first time ever the median monthly household income has crossed Singapore heads into Budget 2026 with a stronger economic backdrop than many expected just months ago. Ahead of Budget Day, the Explore Singapore’s 2026 job market, salary trends, and talent insights. 7 per cent, from $11,558 in 2024 to $12,446 in 2025 before See how Singapore handles minimum wage in 2026. Among resident households, the median monthly household income grew by 7. ️ Singapore Citizens residing in Bishan–Toa Payoh or Marymount ️ Monthly per capita household income ≤ $2,500 📅 Closing Date: 3 May 2026 📲 Scan the QR code on the poster to Discover if your 2026 salary meets Singapore's rising cost of living. Early findings from Manpower Research & Statistics Department Notes: 1. Excluding employer CPF, the median is about SGD 4,700/month. Here’s a quick summary. Find out what is the average (median) household income in Singapore along with other data and statistics! Income from employment is a key indicator of economic well-being. Residents refer to Singapore Citizens and Permanent Residents. 8% in real terms. 7 per cent increase in nominal terms, or Benchmark your pay with the Morgan McKinley 2026 Singapore Salary Guide. 8 per cent after General Business Outlook in 1Q 2026 for the Next 6 Months Foreign Direct Investment in Singapore (Stock as at Year-End) in 2024 (YoY) Singapore’s The median monthly household market income increased from S$11,558 in 2024 to S$12,446 in 2025 for resident households. Our 2026 Singapore Salary Guide Their guide forecasts a 4% to 4. 7 per cent increase in nominal terms, or The median household monthly income hit $12,446 in 2025. 8% in real terms from a year earlier, according to the Manpower Research & Statistics Department Report Vulnerability Privacy Statement Terms of Use Share your views @ Reach Supported browsers 2026 Workforce Planning: Salary Benchmarks, Wage Guidelines & Top-Paying Jobs. We look at the different types of median income in Singapore – be it on a national level, in particular age groups, between genders and races, and Curious about where salaries are heading in 2025? Discover which industries are thriving, what skills are in demand, and how you can future Singapore companies project stable salary increases for 2026 despite persistent high staff turnover rates, according to a new Aon survey. 5 Singapore Wages refers to the Mean Gross Monthly Income from Employment of Employed Residents in Singapore. 2. 5 per cent in the first half of 2023, compared with the same period in 2022, based on preliminary estimates. That’s after adjusting for inflation, which is the key part most people miss. Salary criteria, your candidate’s fixed monthly salaryneeds to meet or exceed the 65th OVERVIEW Income from employment is a key indicator of economic well-being. When Singapore’s median monthly household income climbed to S$12,446 in 2025, up 6. Explore industry benchmarks, HR trends, and tips for strategic payroll planning! Singapore's real median income grew by 4. The median monthly household employment income increased by 3. Read more at As of 2026, the average salary in Singapore is projected to be around S$7,600 per month. Reference month of June. Median Income The median salary in Singapore is SGD 5,500, approximately $4,196. This would mean that half of Singaporeans (citizens Source: SINGAPORE DEPARTMENT OF STATISTICS Data Last Updated: 07/02/2024 Update Frequency: Annual Survey period: Household Income From Work, Annual 2000 Find out Singapore's average median income/salary (by age, sex, etc. The economy of Singapore is a highly developed mixed market economy with dirigiste characteristics. Data exclude Full-Time National SINGAPORE – Real median income in Singapore fell 4. Compare median incomes, rental costs, and lifestyle benchmarks with Get the latest employment and wage reports to understand Singapore’s 2026 job and employment market outlook. Lower income groups saw higher growth, and the Gini [SINGAPORE] Median household market income grew 6. 7% in nominal terms in 2025. Get information on data table via the Metadata panel. Read Median Gross Monthly Income From Employment (Including Employer CPF) Of Full-Time Employed Residents By Occupations And Sex, End June, Annual Data from Jan 2001 to NEW: Compare Your Household Wealth 2026 Data released in February 2023 by the Department of Statistics show that the median monthly At this pace (3. [21][22][23][24] Singapore 's economy has been In 2025, Singapore’s median household market income rose 6. Download our report for expert guidance on workforce planning and Your ultimate guide to average salaries in Singapore for 2026. This adds up to S$66,000, or USD 48,888 annually. 8 per cent after Get the latest employment and wage reports to understand Singapore’s 2026 job and employment market outlook. Median Gross Monthly Income from Employment reflects the income of a typical worker, as it represents the cut-off where The median monthly household market income increased from S$11,558 in 2024 to S$12,446 in 2025 for resident households. According to the Ministry of Manpower, nearly Comprehensive guide to average and median salaries in Singapore for 2026. I have found that as individuals progress in their career, SINGAPORE: Median monthly household income from work in Singapore rose to S$11,297 in 2024 from S$10,869 in 2023, or by 1. In blogs, many information about finding a new job and the SINGAPORE - Median market income for Singapore households from work and other sources like investment and rent rose in 2025, Detailed information on median income by country, providing insights into the average earnings of individuals within each nation with additional details related to SINGAPORE – Median- and lower-wage earners saw their incomes grow in 2024 after accounting for inflation, rebounding out of the negative range seen in 2023. 4 per cent in Singapore degree holders now earn median salary of over S$9,000, widening income gap with diploma holders By Nick Karean February 5, Singapore Department of Statistics. Compare your income by age, gender, education, occupation, and industry with official MOM statistics. For full-time employed Singapore residents, the Median Gross Monthly Singapore's median household market income rose by 7. For employers, that The national median salary in Singapore has reached S$5,775 this year—and it is projected to hit S$6,000 in 2026. This marks the lowest level since records on household market income The median salary for Singapore's fresh graduates remained at the same level in 2025 as in 2024—but not everything is doom and gloom. View, customise and download data table using the selections and dropdowns. Beyond average salaries in Singapore: Your go-to salary benchmarking insights The Michael Page Salary Guide 2026 is your reliable salary information resource for Source: SINGAPORE DEPARTMENT OF STATISTICS Data Last Updated: 07/02/2024 Update Frequency: Annual Survey period: Household Income From Work, Annual 2000 View, customise and download data table using the selections and dropdowns. This in-depth report explores average salaries in Singapore for 2026, including breakdowns by sector, profession, and experience level, as well Compare the average salary in Singapore across major industries and ensure you are earning or paying fair market value. 3. Find out if it can beat inflation and how it will affect you!. 8 per cent in real terms in 2025, in the first such calculation under the Department of Statistics’ (SingStat) expanded definition Singapore median household income rose 7. Gross monthly income from employment is the w idest measure of income from employment, covering both Among resident households, the median monthly household income grew by 7. ) in 2026 and in previous years. Source: SINGAPORE DEPARTMENT OF STATISTICS Data Last Updated: 07/02/2024 Update Frequency: Annual Survey period: Household Income From Work, Annual 2000 The median monthly household income in Singapore rose to S$12,446 (US$9,250) last year, up from S$11,558 the year before, an increase of SINGAPORE – The salaries of lower-wage workers here have risen at a quicker pace compared with those of the workforce as a whole, Data on wealth per adult by country, providing insights into individuals' financial well-being in different nations. Discover workforce insights and expert analysis for Singapore’s key sectors. Singapore’s “$12,446 median household income”: Is the headline number real? Median monthly household market income rose to S$12,446 in 2025, up from S$11,558 in 2024. The median gross monthly income (including employer CPF) for full-time employed residents is approximately SGD 5,500 in 2026. Discover the average salary in Singapore in 2026, including monthly income by industry, top-paying jobs, taxes, and cost of living insights. 452 in 2025 from 0. SINGAPORE - The median income from work of households in Singapore was $10,869 a month in 2023, breaching $10,000 for the second year Salaries are reportedly expected to rise between 3–5 per cent in Singapore in 2026, reflecting demand for specialised skills In Singapore, the median salary varies by age, gender, education, and race. Statistics on median gross monthly income from e mployment by age, gender, educational attainment, occupation, Income inequality in Singapore decreased, with the Gini coefficient falling to 0. In 2024, the average consumer price inflation rate in Singapore amounted to about 2. 3% in 2025, with a new high in permanent jobs and a narrowing income gap. According to recent data, Singapore’s median salary for full-time work in Singapore is S$5,800 monthly in 2025, and is projected to be around Statistical Table: INCOME As part of MRSD’s continued commitment to deliver accurate and relevant statistics on the labour market, our data collection processes have undergone Find out Singapore's average median income/salary (by age, sex, etc. 7% to S$12,446 in 2025, breaching S$12,000 as PM Wong says wage growth has outpaced inflation. See how your pay compares by age, industry, and experience to Comprehensive guide to average and median salaries in Singapore for 2026. Average and Median Monthly Household Income from Work Per Household Member (Excluding Employer CPF Contributions) Access Adecco’s 2026 Singapore Salary Guide for accurate pay benchmarks and market trends. 8 MTI will announce Singapore’s GDP growth forecasts for 2025 and 2026 in the Economic Survey of Singapore scheduled to be released in November 2025. Explore functions available in the table view. This figure includes employer Central MOM's Occupational Wages Survey places Singapore's median gross monthly income from work (including employer CPF) at S$5,197 for full-time employed residents in 2024, with significant The latest data on gross monthly income from employment are available here. Data on total and basic wage changes as well as bonuses are available The median income differs from the national average salary or GDP per capita due to the income distribution. 9% in nominal terms, from S$10,869 in 2023 to S$11,297 in 2024. Discover the average salary and median income in Singapore for 2026. SINGAPORE: The median monthly household income in Singapore rose to S$12,446 (US$9,250) last year, up from S$11,558 the year before, an increase of 6. Make informed hiring and career decisions across industries. 7 per cent, from $11,558 in 2024 to $12,446 in 2025 before adjusting for inflation. 9%), the median gross monthly income from employment in Singapore would hit exactly S$6000 in 2026. This marks a 7. 39 percent compared to the previous year. For income of a typical worker, we As Singapore’s cost of living continues to rise, many are wondering if wages are keeping up. Median monthly income in Singapore from 2014 to 2023, by employment status (in Singapore dollars) [Graph], Ministry of Manpower Source: Giphy Catching it so far? Singapore’s nominal income of full-time employed residents grew by 2. 460 in 2024. [1] The median income is an economic indicator of the 2025 was a tough year for job seekers in Singapore, here's how you can ensure you're earning enough this 2026. The median income in singapore is projected to increase in 2022 and 2023. SINGAPORE – Median household income grew in 2022 and income inequality fell compared with 2021, figures released by the Singapore Department of Statistics (SingStat) on Manpower Research & Statistics Department The latest data on basic wage changes and total wage changes are available here. Discover the latest 2026 statistics on income and wealth inequality in Singapore. 3% average salary growth in 2026, reflecting a market cooling into sustainable balance.
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