Wages in Singapore decreased to 4962 SGD/Month in the third quarter of 2018 from 5119 SGD/Month in the second quarter of 2018. Wages in Singapore averaged 3323.94 SGD/Month from 1989 until 2018, reaching an all time high of 5808 SGD/Month in the first quarter of 2018 and a record low of 1302 SGD/Month in the second quarter of 1989.

Wages in Singapore is expected to be 5750.00 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 5150.00 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 2.10 2.00 6.00 1.40 percent [+]
Employed Persons 3669.50 3672.60 3672.60 1714.20 Thousand [+]
Unemployed Persons 106.90 102.80 124.10 25.80 Thousand [+]
Average Weekly Hours 45.00 45.50 46.30 45.00 [+]
Labor Force Participation Rate 67.70 68.00 68.30 55.30 percent [+]
Labour Costs 108.30 107.90 136.30 57.37 Index Points [+]
Productivity 108.30 107.90 136.30 57.37 Index Points [+]
Job Vacancies 63300.00 58300.00 67400.00 12000.00 [+]
Wages 4962.00 5119.00 5808.00 1302.00 SGD/Month [+]
Population 5.61 5.60 5.61 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 19.30 6.50 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4962.00 5119.00 5808.00 1302.00 1989 - 2018 SGD/Month Quarterly
Current Prices, NSA




Country Last Previous
Argentina 31437.00 Aug/18
Australia 1207.40 Jun/18
Brazil 2230.00 Oct/18
Canada 25.24 Sep/18
China 74318.00 Dec/17
France 2998.00 Dec/15
Germany 3875.00 Jun/18
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 304414.00 Oct/18
Mexico 350.62 Oct/18
Russia 42000.00 Oct/18
Singapore 4962.00 Sep/18
South Africa 20860.00 Sep/18
South Korea 3737254.00 Sep/18
Spain 1951.81 Jun/18
Switzerland 6260.00 Dec/17
Turkey 2207.00 Dec/14
United Kingdom 528.00 Oct/18
United States 22.95 Nov/18


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