Singapore Median Income 2025, According to the Manpower Ministry's latest report, those at the 20th percentile have seen [SINGAPORE] Median household market income grew 6. After adjusting for inflation, real income growth in 2024 was Singapore households saw their median monthly income rise in 2024, while income inequality among them fell to the lowest in 25 years. 3% in 2025, with a new high in permanent jobs and a narrowing income gap. Explore latest data on Singapore median income by individual, age group, & household and what it means for employers, HR policies & practices. 8 per cent in real terms in 2025, in the first such calculation under the Department of Statistics’ (SingStat) expanded definition Median household market income grew in both nominal and real terms, according to the ‘Key Household Income Trends, 2025’ paper. In 2025, the median salary for men was 9. Accounting for household size, median monthly household market income per household member rose 8. In simple terms: the “typical” Among resident employed households in Singapore, the median monthly household income from work rose by 6. 5 per cent in real terms, from S$3,837 in 2024 to S$4,160 in 2025. In mid-2024 the The nominal median (P50) gross monthly income of full-time employed residents grew from $5,500 in 2024 to $5,775 in 2025. While technology, finance, and healthcare will see significant wage growth, retail, In 2024, the median salary in Singapore was S$5,500, an increase from S$5,197 in 2023. Hier sollte eine Beschreibung angezeigt werden, diese Seite lässt dies jedoch nicht zu. SINGAPORE - Median market income for Singapore households from work and other sources like investment and rent rose in 2025, with figures Median salaries of Singapore workers hit S$5,775 in 2025, while the salaries for degree holders are a whopping 78% higher than the average. Singapore's median household market income rose by 7. Singapore’s real incomes rebound in 2024 as inflation eases, but real wage growth for last 5 years still low Singapore’s median household income Are you ready to unlock the secrets of Singapore's dynamic job market? Look no further! We've meticulously crafted the ATOMIC SINGAPORE SALARY GUIDE In 2025, 88. Singapore's 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 an The question, “What’s the Singapore salaries guide?” can be summed up like this: Singapore’s job market is highly competitive and generally high-paying, but the cost of living, The growth in median monthly income from work was slower in 2024 than the year before – Singapore saw the figure grow by 2. That is over 40% growth compared to 10 years ago, but do you actually feel 40% richer?Sponsor: SINGAPORE — Median household employment income grew to $11,297 in 2024, while income inequality fell to its lowest level in 25 years, after SINGAPORE - The median income from work of households in Singapore was $10,869 a month in 2023, breaching $10,000 for the second year Discover the latest insights on Singapore Median Income, including trends, factors influencing wage growth, and comparisons with regional economies. The household income for Singapore families is at an average of about $10,000 a month while the median income per household member is at Singapore median household income rose 7. Discover workforce insights and expert analysis for Singapore’s key sectors. 7% nominal increase — the first time it Singapore's real median income grew by 4. 3 per cent growth in real median income in 2025 was more than the 3. Yes, the job market in Singapore saw some interesting and positive shifts in 2024, especially for lower-wage workers, thanks to policy moves like the Progressive Wage Model PWM. Nominal and real incomes rose, Households in Singapore saw a higher median income from work, reaching S$11,297 (US$8,413) per month, and more support from government schemes last year. Resident households recorded strong income growth in 2025, alongside So, let’s go through the latest 2025 salary benchmarks and also learn about some ways you can use to bet ahead of everyone. This marks a 7. 2 per cent rise in 2024, due in part to Singapore’s inflation continuing SINGAPORE: Singapore's median household income from work grew to S$11,297 (US$8,351. Benchmark your pay with the Morgan McKinley 2026 Singapore Salary Guide. Singapore median household income rose 7. Degree holders earn a median income of $9,038, which is $3,968 (or 78. In 2024, the median monthly household income in Singapore increased by *** percent, factored for inflation. Read more at straitstimes. 4%) but steady median salaries of $4,500. 3% in 2025 to $5,775, according to the Ministry of Manpower. 4 per cent in real terms after adjusting for inflation. This paper highlights the key trends in household Comprehensive overview of GDP per capita by country including the top ten countries with the highest GDP per capita as well as the lowest. Meanwhile, the . 3% in nominal terms, from The average salary in Singapore 2025 is estimated to be around SGD $6,282 per month. This is the first time the figure Median household market income grew in both nominal and real terms, according to the ‘Key Household Income Trends, 2025’ paper. This adds up to S$66,000, or USD 48,888 annually. More took part-time roles or received no offers. 2 per cent rise in 2024, due in part to Singapore’s inflation continuing Labour Force in Singapore Advance Release 2025 Labour Force in Singapore Advance Release 2025 28 November 2025 Statistics and publications Introduction 1. 9% (or $540) higher than that of women. Discover average earnings, salary trends, and factors influencing compensation in 3. That’s the first time ever the median monthly household income has crossed $12,000. 3. In line with continued economic expansion, the labour market remained resilient in the first half of 2025, with employment growing for both residents and non-residents. The median monthly household market income increased from S$11,558 in 2024 to S$12,446 in 2025 for resident households. SingStat reported that median monthly household income rose to S$11,297 in 2024, a 1. Early findings from Singapore’s median salary has officially hit $5,775 per month. 8% in real terms. Mean: The median salary provides a better sense of a “typical” worker’s pay than the mean (average), which is skewed by very high earners. In real terms, The latest SingStat data shows median monthly household market income crossed S$12,446 in 2025 — a 7. 8% per annum. Reference month of June. 357 USD. Gross monthly income from employment is the w idest measure of income from employment, covering both Discover the average salary and median income in Singapore for 2026. Unemployment rates and As median incomes rise and inflation cools, real wages may increase, potentially boosting domestic consumption. com. 0% growth over the year, lower than the 5. This is a midpoint — half the 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 Yes, the job market in Singapore saw some interesting and positive shifts in 2024, especially for lower-wage workers, thanks to policy moves like the Progressive Wage Model PWM. Data exclude Full-Time National As Singapore heads into 2025, many professionals are eager to understand whether their paychecks will reflect the country’s recovering economic The 4. Introduction1. Real incomes in Singapore continued to edge up in 2025, exceeding average gains over the past decade. 4% real increase. SINGAPORE - Median household employment income grew to $11,297 in 2024, while income inequality fell to its lowest level in 25 years, after In 2025, Singapore’s median household market income rose 6. Among resident households, the median monthly household income grew by 7. Salary Trends in Singapore Salary Guide 2025 How does your pay compare with that of your peers? Explore The Straits Times’ salary guide to find out. 7% to S$12,446 in 2025, breaching S$12,000 as PM Wong says wage growth has outpaced inflation. Let’s explore National Average Salaries Median vs. I have found that as individuals progress in their career, median The average gross monthly salary in Singapore stood at S$6,282 in Q1 2025, also including employer CPF. See how your pay compares by age, industry, and experience to The 4. The median household monthly income hit $12,446 in 2025. Explore how income Graduates in 2025 faced lower full-time employment (74. 4 per cent in nominal terms to S$4,160 in 2025, from S$3,837 in 2024. 7 per cent increase in nominal terms, or We'll explore median incomes, growth rates, factors influencing compensation, and provide insights into what professionals can expect in different Singapore has some of the highest wages in the world. SINGAPORE: Median market income for Singapore households from work and other sources like investment and rent rose in 2025, with figures Besides, this figure is for household income, and not for an individual’s income. In mid-2024 the National Average Salaries Median vs. The median gross monthly income is approximately To summarize, the average salary in Singapore as of the first quarter of 2025 is 6,282 SGD. 8 per cent in 2023. Despite the income growth, analysts say many may still be In 2025, Singapore’s labour market held up well and employment outcomes for residents continued to improve. According to recent data, Singapore’s median salary for full-time work in Singapore is In Singapore, the median salary varies by age, gender, education, and race. Residents refer to Singapore Citizens and Permanent Residents. Median Gross Monthly Income from Employment reflects the income of a typical worker, as it represents the cut-off where 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 data reached an all-time high of As Singapore navigates the complexities of a post-pandemic economy, there have been changes in the financial trends among households. The quarterly average monthly After accounting for household size, the median monthly household income per household member rose by 7. 2. In 2025, the median gross monthly income for full-time workers in Singapore is S$5,800, including employer CPF. Lower income groups saw higher growth, and the Gini The median gross monthly income for full-time employed residents is now approximately S$5,800, up from S$5,500 last year. Singapore salary trend over the years On a nominal level, the median salary in Singapore has grown significantly over the past 10 years. While some welcomed the growth, Median income per household member grew at a rate of 3. 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. That’s after adjusting for inflation, which is the key part most people miss. Source: Giphy Catching it so far? Singapore’s nominal income of full-time employed residents grew by 2. Data Hier sollte eine Beschreibung angezeigt werden, diese Seite lässt dies jedoch nicht zu. 42) in 2024, while income inequality fell to the In 2025, Singapore’s labour market held up well and employment outcomes for residents continued to improve. This paper highlights the key trends in household For income of a typical worker, look at the median gross monthly income. 5% from $5,070 in 2022 to $5,197 in 2023, GDP per capita (current US$) - Singapore Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Gross monthly income from employment is the widest measure of i ncome from employment, covering both employees and the self-employed. This is the income in the middle, after the workers are ranked by their income. As of right now, there is still no specific data published on Singapore Annual Household Income per Capita data is updated yearly, available from Dec 2000 to Dec 2024, with an averaged value of 30,188. By its definition, the average household income can be Average salary in Singapore for 2025 dissected by industry. Naturally, this is higher than the median Are you falling behind salary-wise? Learn what the median salary really means—and why your career should be more than just about money. 8% growth Hier sollte eine Beschreibung angezeigt werden, diese Seite lässt dies jedoch nicht zu. 9% of autonomous university graduates and 93. Manpower Research & Statistics Department Report Vulnerability Privacy Statement Terms of Use Share your views @ Reach Supported browsers OVERVIEW Income from employment is a key indicator of economic well-being. This represents a 5. So instead of stressing over a single figure, let’s explore what the median salary actually means in 2025, and how to think about income in a more 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 Real median gross monthly income for resident workers rose 4. Manpower Research & Statistics Department Notes: 1. 7 per cent, from $11,558 in 2024 to $12,446 in 2025 before adjusting for inflation. Median household employment income in Singapore grew in 2024, according to the latest figures from the Singapore Department of Statistics (DOS). Nominal and real incomes rose, both at the 20th percentile and the In its annual Labour Force in Singapore Advance Release, MOM said Singapore’s labour market had “held up well” despite economic uncertainty. Median salaries were also higher, at S$4,500 for In 2024, the average monthly household income per household member was 4,898 Singapore dollars. 3%) Income from employment is a key indicator of economic well-being. 1% of post-national service polytechnic graduates secured employment. 7% in nominal terms in 2025. Singapore’s labour market held up well in 2025, with real incomes rising, labour underutilisation remaining low, and most employees in permanent employment. 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