Wages in Singapore increased to 5752 SGD/Month in the fourth quarter of 2018 from 4962 SGD/Month in the third quarter of 2018. Wages in Singapore averaged 3344.18 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 5400.00 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 6010.00 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 2.10 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 45.00 45.50 46.30 45.00 [+]
Labor Force Participation Rate 67.70 67.70 68.30 55.30 percent [+]
Labour Costs 117.00 108.30 136.30 57.37 Index Points [+]
Productivity 117.00 108.30 136.30 57.37 Index Points [+]
Job Vacancies 57800.00 63300.00 67400.00 12000.00 [+]
Wages 5752.00 4962.00 5808.00 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 16.90 19.30 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5752.00 4962.00 5808.00 1302.00 1989 - 2018 SGD/Month Quarterly
Current Prices, NSA




Country Last Previous
Argentina 35063.00 Nov/18
Australia 1225.30 Dec/18
Brazil 2285.00 Feb/19
Canada 25.44 Jan/19
China 74318.00 Dec/17
France 2998.00 Dec/15
Germany 3899.00 Sep/18
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 296402.00 Feb/19
Mexico 373.60 Feb/19
Russia 45000.00 Mar/19
Singapore 5752.00 Dec/18
South Africa 21190.00 Dec/18
South Korea 3359019.00 Dec/18
Spain 2039.01 Dec/18
Switzerland 6260.00 Dec/17
United Kingdom 529.00 Feb/19
United States 23.24 Mar/19


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