Wages in Singapore decreased to 5183 SGD/Month in the third quarter of 2019 from 5225 SGD/Month in the second quarter of 2019. Wages in Singapore averaged 3396.05 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. source: Statistics Singapore

Wages in Singapore is expected to be 5760.00 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 5400.00 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.

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Singapore Average Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
5183.00 5225.00 6005.00 1302.00 1989 - 2019 SGD/Month Quarterly
Current Prices, NSA

Singapore Average Monthly Wages
In Singapore, wages are benchmarked using average monthly earnings.

Singapore Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.30 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 [+]
Productivity 99.50 99.50 110.80 51.70 points [+]
Labour Costs 99.50 99.50 110.80 51.70 points [+]
Job Vacancies 45000.00 48500.00 67400.00 12000.00 [+]
Wages 5183.00 5225.00 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 26.70 5.50 73.20 -26.00 Thousands Person [+]