Wages in Singapore decreased to 5847 SGD/Month in the second quarter of 2022 from 6641 SGD/Month in the first quarter of 2022. source: Statistics Singapore

Wages in Singapore averaged 3595.72 SGD/Month from 1989 until 2022, reaching an all time high of 6641 SGD/Month in the first quarter of 2022 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 September of 2022.

Wages in Singapore is expected to be 6200.00 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 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 124.10 139.90 Thousand Dec 2021
Average Weekly Hours 44.00 44.70 Dec 2020
Labor Force Participation Rate 68.10 68.00 percent Dec 2020
Labour Costs 98.50 107.70 points Jun 2022
Productivity 98.50 107.70 points Jun 2022
Wages 5847.00 6641.00 SGD/Month Jun 2022
Wages in Manufacturing 4220.00 4269.00 SGD/Month Sep 2013
Population 5.45 5.68 Million Dec 2021

Singapore Average Monthly Wages
In Singapore, wages are benchmarked using average monthly earnings.
Actual Previous Highest Lowest Dates Unit Frequency
5847.00 6641.00 6641.00 1302.00 1989 - 2022 SGD/Month Quarterly
Current Prices, NSA