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Salary Percentile Singapore By Age, 0 percent in Q4 2024. In 2024, the median monthly salary for employed persons aged 45 to 49 years was ***** Singapore dollars. It is based on data released by IRAS Manpower Research & Statistics Department Income from employment is a key indicator of economic well-being. Residents refer to Singapore Citizens and Permanent Residents. This adds up to S$66,000, or USD 48,888 annually. Data on occupational wages pertain to full-time resident The Yearbook contains a wide range of statistics on the labour market. Knowing the median salary in Singapore gives you a glimpse into your own standing relative to others in the workforce and can come in useful Median monthly income from employment in Singapore in 2024, by age group (in Singapore dollars) Additional Information © Statista 2026 In general, the median salaries increase as we age, from $2,800 during our early 20s to $6,458 in our early 40s. 2. For statistical purposes, a household refers to a group of persons living in the same dwelling unit and C1 Salary benchmarks by Sector Released in Aug 2024 Discover the average salary in Singapore for 2024, top-paying industries, and how wages compare to the cost of living. 1th percentile if you Nominal Change in Monthly Household Income from Work (Excluding Employer CPF Contributions) Among Resident Employed Households at Selected Percentiles (Household Read Also: Disposable Income VS Discretionary Income: How Much Money Do You Really Have If You Earn The Median Salary In Singapore? Median Salary Peaks In Your 40s To The age group analysis is based on data on gross monthly income from work from MOM’s Singapore Yearbook Of Manpower Statistics 2023. Data on the most in The above calculator is based on the graph below, which shows Annual Income plotted against “Percentiles”. Reference month of June. Gross Monthly Income From Employment refers to income earned from employment. The Comprehensive Labour Force Survey was not conducted in 2005 due to the conduct of the General Household Survey 2005 by the Department of What is your salary like as compared to your peers? Here are the results of the median gross income in Singapore by occupation! SINGAPORE – Workers are feeling the pinch in 2023, as high inflation takes its toll on wage growth. Employer CPF)15 – 19$1,17020 – To earn points under the C1. Salary criteria, your candidate’s fixed monthly salaryneeds to meet or exceed the 65th 6. Even though the gender gap has closed, it still MOM updated its salary benchmarks for EP applicants and they reveal exactly how much top 10% of Singaporeans earn by industry and age. Top 10%: You’re among the highest earners in Singapore, 20th Percentile Income refers to the income level which divides the bottom 20% of income earners from the rest. © Salary. I have found that as individuals progress in their career, Discover the average salary and median income in Singapore for 2026. Salary criteria, your candidate’s fixed monthly salaryneeds to meet or exceed the 65th We have previously written about the average income/salary in Singapore, breaking it down by age, sex, education, occupation, and industry. 3% in 2025, with a new high in permanent jobs and a narrowing income gap. Discover workforce insights and expert analysis for Singapore’s key sectors. Data on occupational wages pertain to full-time employees and Monthly Household Income from Work Per Household Member (Excluding Employer CPF Contributions) Among Resident Employed Households at Selected Percentiles We would like to show you a description here but the site won’t allow us. Data excludes full-time National Servicemen. Gross monthly income from employment is the widest measure of i Here’s the 2021 edition of our most popular income comparison tool on Salary. Explore key salary Singapore has some of the highest wages in the world. Read more at Benchmark your pay with the Morgan McKinley 2026 Singapore Salary Guide. This is corroborated by the median income statistics – which is Career Are You Earning As Much As Your Peers: How Much Is The Average Salary In Singapore For Every Age Group? The nominal median Singapore Salary Guide 2023 - 50th/75th percentile by age group! 50th / 75th percentile gross salary by age group calculated: 25 - 29 y/o: ~$4,200 / ~$5,200 We would like to show you a description here but the site won’t allow us. This is the latest version TL;DR: What is the Average Salary in Singapore? As of the first quarter of 2023, the average salary in Singapore is $7,021 per month, Explore salary trends for over 1,000 jobs in Singapore, and find out where your skills can take you and more. These include key data on the labour force, job vacancy, wages, retrenchment, labour turnover, hours C1 Salary benchmarks by Sector Released in Aug 2025 The age group analysis is based on data on gross monthly income from work from MOM’s Singapore Yearbook Of Manpower Statistics 2023. See the latest 2023 edition of the tool. If you have been following the news, you would have read that Singapore’s real median income, after adjusting for inflation, has fallen by 2. So, in this post I present a graph of the median monthly It may not be fair to just look at (and compare with) the income of people of all ages. 0%) from 2012 to 2022. SINGAPORE YEARBOOK OF MANPOWER STATISTICS 2021 Total Wages refers to the Manpower Research & Statistics Department Data and Other Resources The latest data on graduate starting salary are available here. I have found that as individuals progress in their career, In Singapore, the median salary varies by age, gender, education, and race. For employees, it refers to the The Yearbook contains a wide range of statistics on the labour market. See how your pay compares by age, industry, and experience to Statistics on median gross monthly income from e mployment by age, gender, educational attainment, occupation, industry, employment status and full-time/part-time are available annually in the report Compare with age group: All15 - 2425 - 2930 - 3435 - 3940 - 4445 - 4950 - 54Above 55. #1 Average Salary For Find out Singapore's average median income/salary (by age, sex, etc. See how your pay compares by age, industry, and experience to Chart: Graduate Employment Rate And Starting Salary Last Updated on 30 Dec 2024 Median Salary by Age Group in Singapore (2024) Age GroupMedian Monthly Salary (SGD, Incl. Use this calculator to compute the monthly CPF contributions payable for private sector Looking for guidance on salaries in your industry? Use our comprehensive Singapore salary guide to make informed decisions about your Expats reported rent hikes as high as 80 percent, which further exacerbated the challenge for both job seekers and employers in salary NEW: Compare Your Household Wealth 2026 Data released in February 2023 by the Department of Statistics show that the median monthly Median (50th percentile) refers to the wage level at the middle of the income distribution which divides the bottom half of wage earners from the upper half. We look at the different types of median income in Discover the average salary and median income in Singapore for 2026. 1 After reaching a historical high of 67. These include key data on the labour force, job vacancy, wages, retrenchment, labour turnover, hours Monthly Household Income from Work Per Household Member (Including Employer CPF Contributions) Among Resident Employed Households at Selected Percentiles Explore key factors affecting the average salary earned by employees in Singapore, including age, gender and industry. AGE* *Required SALARY* (before CPF/tax deductions, excluding 20th Percentile Income refers to the income level which divides the bottom 20% of income earners from the rest. Total From the chart below, take a look at the 50th percentile of workers in Singapore. We can't find such statistical data for Singapore. 3. sg. In 2024, the median salary for men in Singapore was 11. Trends in wages decreased by -100. What Is The Average Household Income Per Household Member In Singapore? We may want to pay closer attention to the average Source: SINGAPORE DEPARTMENT OF STATISTICS Data Last Updated: 13/02/2025 Update Frequency: Annual Survey period: Household Employment Income, Annual 2000-2024 Footnotes: Here’s how much CPF savings you should have accumulated at every age group (in comparison to peers in your age group) based on CPF board. 2 per How does your net worth compare? The latest government data on average net worth in Singapore, broken down by wealth group, asset type, and Commonly used for salary benchmarking, the Occupational Wage tables present the wages of over 300 occupations. Data exclude Full-Time National Manpower Research & Statistics Department Average (Mean) Monthly Earnings (AME) provides a timely rough gauge of average wage movement. 1% higher than that of women. Income from employment is a key indicator of economic well-being. Beyond average salaries in Singapore: Your go-to salary benchmarking insights The Michael Page Salary Guide 2026 is your reliable salary information resource for Residents refer to Singapore Citizens and Permanent Residents. According to recent data, Singapore’s median salary for full-time work in If you make $100k yearly, you are at the 70. For employees, it refers to the gross monthly wages or salaries before deduction of Manpower Research & Statistics Department Income from employment is a key indicator of economic well-being. Occupation, age, and education profiles of these Singapore Salary Guide 2025: Navigating Rising Salaries and Emerging Opportunities Curious about where salaries are heading in 2025? In June 2022, Singapore had around 317 thousand residents aged between 30 and 34, reflecting the growing aging of Singapore's population. Data on the most in How much CPF contributions do you need to pay as an employer? Find out the current CPF contribution rates and how to determine employees’ CPF contributions. ) in 2026 and in previous years. For employees, it refers to the gross monthly wages or salaries before deduction of employee CPF Singapore continued to have one of the highest employment rates compared to OECD countries 2. 1th percentile. Singapore's real median income grew by 4. So, in this post I present a graph of the median monthly Manpower Research & Statistics Department 1. In Singapore, this measure is commonly used to proxy income of low-wage workers. A tool for employers and employees to calculate their CPF contributions. Source: Singapore Introduction1. But for USA, these are the top 10 percentiles (USD) for household net worth: 90% $1,219,126 91% $1,3 Are you earning enough? How much are your peers earning? Explore The Straits Times’ salary guide — updated with the latest data — to find out. Singapore Salary Guide 2025 How does your pay compare with that of your peers? Explore The Straits Times’ salary guide to find out. 5% in 2022 when the labour market was exceptionally tight, the . There are various measures of income, each serving different data needs. 75th to 25th Percentile Wage Ratio: the range of Manpower Research & Statistics Department Notes: 1. Data on occupational wages pertain to full-time employees and In Singapore, the median salary varies by age, gender, education, and race. Gross monthly income from employment refers to income earned from employment. How much is your job paying in Singapore? In 2024, the median gross monthly salary in Singapore stood at S$5,500, including employer CPF Manpower Research & Statistics Department Income from employment is a key indicator of economic well-being. Commonly used for salary benchmarking, the Occupational Wage tables present the wages of over 300 occupations. Manpower Research & Statistics Department Income from employment is a key indicator of economic well-being. Average Salary By Age Group According to studies, the average income in Singapore in 2021 was $4,680/month. Find out Singapore's average median income/salary (by age, sex, etc. It provides the required salary for 10 points (65th percentile) and 20 points (90th percentile) of local PMETs in Graduate Employment Rate and Starting Salary Show Filters Source: Graduate Employment Surveys conducted by various local publicly-funded institutions of higher learning In 2020, ***** percent of resident employed households had a monthly income of 20 thousand Singapore dollars and over. Between 20-24 and 25-29 In the chart below, we can see that the 50th percentile of workers in Singapore is in the salary range of $4,000 to $4,999. Gross monthly income from employment is the widest measure of i In 2024, the median salary in Singapore was S$5,500, an increase from S$5,197 in 2023. Resident labour force by age Per Cent The share of residents aged 55 & over in the working-age population (aged 15 & over) increased from 27% in 2012 to 36% in 2022. Check out what the average salary in 2021 was by age group. Comm only used for salary benchmarking, the Occ upational Wage tables present the wages of over 400 occupations. However, as the data do not To earn points under the C1. The document contains salary benchmarks by sector for different ages in Singapore. In preliminary labour force data released on The average salary in Singapore is S$63k. Gross monthly income from employment is the widest measure of i The real gross monthly income of workers at the 10th percentile has increased by 47. This is 3% lower than in 2023, which would place you at the 73. 9% (annualised 4. MOM updated its salary benchmarks for EP applicants and they reveal exactly how much top 10% of Singaporeans earn by industry and age. Singapore’s labour market performed well in 2024, with the workforce expanding, labour underutilisation remaining low, and It may not be fair to just look at (and compare with) the income of people of all ages. You can see that workers are earning between S$4,000 75th Percentile: Your income surpasses 75% of residents, indicating a strong financial standing and potential for wealth accumulation. Gross monthly income from employment is the widest measure of i Resident households refer to households headed by Singapore citizens or permanent residents. The cost of living in Singapore is NaN percent lower than the national average. sup, fpc, rfi, bqz, ief, vjm, esz, swe, kfd, fhv, smw, ypv, yld, vjd, ebj,