Wages in Singapore decreased to 5225 SGD/Month in the second quarter of 2019 from 6005 SGD/Month in the first quarter of 2019. Wages in Singapore averaged 3381.40 SGD/Month from 1989 until 2019, reaching an all time high of 6005 SGD/Month in the first quarter of 2019 and a record low of 1302 SGD/Month in the second quarter of 1989.

Wages in Singapore is expected to be 5150.00 SGD/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Singapore to stand at 5600.00 in 12 months time. In the long-term, the Singapore Average Monthly Wages is projected to trend around 6200.00 SGD/Month in 2020, according to our econometric models.

Singapore Average Monthly Wages
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Singapore Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.20 2.20 6.00 1.40 percent [+]
Employed Persons 3715.80 3669.50 3715.80 1714.20 Thousand [+]
Unemployed Persons 100.20 106.90 124.10 25.80 Thousand [+]
Average Weekly Hours 44.80 45.10 46.30 44.80 [+]
Labor Force Participation Rate 67.70 67.70 68.30 55.30 percent [+]
Labour Costs 99.50 110.80 110.80 51.70 Index Points [+]
Productivity 99.50 110.80 110.80 51.70 Index Points [+]
Job Vacancies 48500.00 54700.00 67400.00 12000.00 [+]
Wages 5225.00 6005.00 6005.00 1302.00 SGD/Month [+]
Population 5.64 5.61 5.64 1.65 Million [+]
Retirement Age Women 62.00 62.00 62.00 62.00 [+]
Retirement Age Men 62.00 62.00 62.00 62.00 [+]
Employment Change 5.50 13.40 73.20 -26.00 Thousands Person [+]


Singapore Average Monthly Wages

In Singapore, wages are benchmarked using average monthly earnings. This page provides - Singapore Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Average Monthly Wages - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5225.00 6005.00 6005.00 1302.00 1989 - 2019 SGD/Month Quarterly
Current Prices, NSA




Country Last Previous
Argentina 42208.00 May/19
Australia 1237.90 Jun/19
Brazil 2286.00 Jul/19
Canada 25.74 Jun/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3932.00 Mar/19
India 272.19 Dec/14
Italy 2467.00 Dec/18
Japan 427395.00 Jul/19
Mexico 380.72 Jul/19
Russia 45900.00 Jul/19
Singapore 5225.00 Jun/19
South Africa 20855.00 Mar/19
South Korea 3585588.00 Jun/19
Spain 1876.19 Mar/19
Switzerland 6291.00 Dec/18
United Kingdom 542.00 Jul/19
United States 23.59 Aug/19


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