Wages in Singapore increased to 6005 SGD/Month in the first quarter of 2019 from 5752 SGD/Month in the fourth quarter of 2018. Wages in Singapore averaged 3366.17 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 110.80 106.00 110.80 51.70 Index Points [+]
Productivity 110.80 106.00 110.80 51.70 Index Points [+]
Job Vacancies 54700.00 57800.00 67400.00 12000.00 [+]
Wages 6005.00 5752.00 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 3.30 14.70 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6005.00 5752.00 6005.00 1302.00 1989 - 2019 SGD/Month Quarterly
Current Prices, NSA




Country Last Previous
Argentina 40911.00 Apr/19
Australia 1225.30 Dec/18
Brazil 2290.00 Jun/19
Canada 25.60 May/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3932.00 Mar/19
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 560430.00 Jun/19
Mexico 376.63 Jun/19
Russia 49840.00 Jun/19
Singapore 6005.00 Mar/19
South Africa 20855.00 Mar/19
South Korea 4021244.00 Mar/19
Spain 1876.19 Mar/19
Switzerland 6291.00 Dec/18
United Kingdom 538.00 Jun/19
United States 23.46 Jul/19


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