Wages in Singapore decreased to 5412 SGD/Month in the third quarter of 2021 from 5474 SGD/Month in the second quarter of 2021. source: Statistics Singapore

Wages in Singapore averaged 3534.79 SGD/Month from 1989 until 2021, reaching an all time high of 6159 SGD/Month in the first quarter of 2021 and a record low of 1302 SGD/Month in the second quarter of 1989. This page provides - Singapore Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Average Monthly Wages - values, historical data and charts - was last updated on January of 2022.

Wages in Singapore is expected to be 6100.00 SGD/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Average Monthly Wages is projected to trend around 6320.00 SGD/Month in 2022 and 6400.00 SGD/Month in 2023, according to our econometric models.

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Singapore Average Monthly Wages

Related Last Previous Unit Reference
Unemployed Persons 139.90 110.80 Thousand Dec/20
Average Weekly Hours 44.00 44.70 Dec/20
Labor Force Participation Rate 68.10 68.00 percent Dec/20
Labour Costs 93.60 94.20 points Sep/21
Productivity 93.60 94.20 points Sep/21
Wages 5412.00 5474.00 SGD/Month Sep/21
Wages in Manufacturing 4220.00 4269.00 SGD/Month Sep/13
Population 5.70 5.70 Million Dec/20
Singapore Average Monthly Wages
In Singapore, wages are benchmarked using average monthly earnings.