Singapore Monthly Earnings

1995 - 2024 | Quarterly | USD | CEIC Data

Key information about Singapore Monthly Earnings

  • Singapore Monthly Earnings stood at 4,587 USD in Dec 2024, compared with the previous figure of 4,654 USD in Sep 2024
  • Singapore Monthly Earnings data is updated quarterly, available from Mar 1995 to Dec 2024, with an average number of 2,913 USD
  • The data reached the an all-time high of 4,654 USD in Sep 2024 and a record low of 1,452 USD in Sep 1998

CEIC converts quarterly Monthly Earnings into USD. The Singapore Department of Statistics provides Average Monthly Earnings in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Mean Gross Monthly Income is used which covers all income earned from employment of employed residents only, including self-employed persons who have made Central Provident Fund. Monthly Earnings prior to Q2 2021 are based on SSIC 2010 which be a different methodology. Average Monthly Earnings were used which cover all remuneration received, from employed residens and non-residents, excluding self-employed persons who have made Central Provident Fund.


Further information about Singapore Monthly Earnings

  • In the latest reports, Singapore Population reached 6 million people in Jun 2024
  • Unemployment Rate of Singapore increased to 2 % in May 2023
  • The country's Labour Force Participation Rate dropped to 68 % in Jun 2024

View Singapore's Monthly Earnings from Mar 1995 to Dec 2024 in the chart:

Singapore Monthly Earnings

What was Singapore's Monthly Earnings in Dec 2024?

Singapore Monthly Earnings stood at 4,587 USD in Dec 2024, compared with the previous figure of 4,654 USD in Sep 2024 See the table below for more data.

Last Previous Min Max Unit Frequency Range
4,587 Dec 2024 4,654 Sep 2024 1,452 Sep 1998 4,654 Sep 2024 USD quarterly Mar 1995 - Dec 2024

Monthly Earnings by Country Comparison

country/region Last Frequency Range
Albania (USD) 1,071 Sep 2024 quarterly Sep 1996 - Sep 2024
Algeria (USD) 317 2021 yearly 2009 - 2021
Armenia (USD) 692 Jun 2023 monthly Jan 2002 - Jun 2023
Australia (USD) 4,026 Nov 2024 semiannually May 2012 - Nov 2024
Austria (USD) 3,306 2022 yearly 1997 - 2022
Azerbaijan (USD) 594 Jan 2025 monthly Jan 1995 - Jan 2025
Bahrain (USD) 739 Sep 2011 quarterly Mar 2004 - Sep 2011
Belarus (USD) 703 Jan 2025 monthly Jan 1994 - Jan 2025
Belgium (USD) 4,645 2021 yearly 1999 - 2021
Bolivia (USD) 728 2023 yearly 1996 - 2023
Bosnia and Herzegovina (USD) 1,183 Nov 2024 monthly Jan 2003 - Nov 2024
Botswana (USD) 519 Dec 2022 quarterly Sep 2007 - Dec 2022
Brazil (USD) 589 May 2023 monthly Mar 2012 - May 2023
Bulgaria (USD) 1,323 Dec 2024 monthly Jan 2000 - Dec 2024
Canada (USD) 3,624 Dec 2024 monthly Jan 1991 - Dec 2024
China (USD) 1,392 Dec 2023 quarterly Mar 2000 - Dec 2023
Colombia (USD) 281 2021 yearly 2019 - 2021
Croatia (USD) 1,696 Apr 2023 monthly Jan 2015 - Apr 2023
Cyprus (USD) 2,754 Sep 2024 quarterly Mar 2003 - Sep 2024
Czech Republic (USD) 2,081 Dec 2024 quarterly Mar 1998 - Dec 2024
Denmark (USD) 6,905 2023 yearly 2009 - 2023
Ecuador (USD) 444 Dec 2019 quarterly Jun 2007 - Dec 2019
Egypt (USD) 163 2023 yearly 1999 - 2023
Estonia (USD) 2,205 Sep 2024 monthly Jan 2000 - Sep 2024
Finland (USD) 4,361 Mar 2024 quarterly Mar 2000 - Mar 2024
Georgia (USD) 758 Sep 2024 quarterly Mar 2007 - Sep 2024
Germany (USD) 5,369 Dec 2024 quarterly Mar 1991 - Dec 2024
Ghana (USD) 242 2015 yearly 2013 - 2015
Greece (USD) 1,821 Mar 2013 quarterly Mar 1999 - Mar 2013
Hong Kong SAR, China (USD) 2,427 Sep 2024 quarterly Mar 1999 - Sep 2024
Hungary (USD) 1,884 Dec 2024 monthly Jan 2002 - Dec 2024
Iceland (USD) 6,909 2023 yearly 1998 - 2023
Indonesia (USD) 187 2024 yearly 1991 - 2024
Ireland (USD) 4,177 Dec 2024 quarterly Mar 2008 - Dec 2024
Israel (USD) 3,671 Nov 2024 monthly Jan 2005 - Nov 2024
Italy (USD) 3,819 Dec 2024 quarterly Mar 1980 - Dec 2024
Japan (USD) 1,888 Jan 2025 monthly Jan 1971 - Jan 2025
Jordan (USD) 770 2021 yearly 2000 - 2021
Kazakhstan (USD) 782 May 2023 monthly Sep 2000 - May 2023
Kenya (USD) 590 2023 yearly 1997 - 2023
South Korea (USD) 3,200 Dec 2024 monthly Jan 2008 - Dec 2024
Kosovo (USD) 737 Dec 2024 monthly Jan 2004 - Dec 2024
Kyrgyzstan (USD) 357 Apr 2023 monthly Jan 1999 - Apr 2023
Latvia (USD) 1,924 Dec 2024 monthly Jan 1997 - Dec 2024
Lithuania (USD) 2,490 Dec 2024 quarterly Mar 2000 - Dec 2024
Luxembourg (USD) 6,791 2023 yearly 2005 - 2023
Macau SAR, China (USD) 2,241 Sep 2024 quarterly Mar 1996 - Sep 2024
North Macedonia (USD) 1,118 Dec 2024 monthly Dec 2003 - Dec 2024
Malaysia (USD) 831 Dec 2024 monthly Jan 2013 - Dec 2024
Malta (USD) 2,158 Sep 2024 quarterly Dec 2000 - Sep 2024
Mauritius (USD) 873 2023 yearly 2000 - 2023
Mexico (USD) 908 Feb 2025 monthly Jan 2000 - Feb 2025
Moldova (USD) 802 Sep 2024 quarterly Mar 2015 - Sep 2024
Mongolia (USD) 733 Sep 2024 quarterly Dec 2000 - Sep 2024
Montenegro (USD) 1,241 Jan 2025 monthly Jan 2004 - Jan 2025
Netherlands (USD) 2,994 2022 yearly 2006 - 2022
New Zealand (USD) 3,902 Dec 2024 quarterly Mar 1989 - Dec 2024
Norway (USD) 5,519 2024 yearly 2015 - 2024
Pakistan (USD) 150 2021 yearly 2008 - 2021
Panama (USD) 1,288 2023 yearly 1970 - 2023
Paraguay (USD) 410 Dec 2024 quarterly Mar 2017 - Dec 2024
Peru (USD) 567 Jan 2025 monthly Mar 2001 - Jan 2025
Poland (USD) 2,066 Jan 2025 monthly Oct 1994 - Jan 2025
Portugal (USD) 1,438 2022 yearly 1995 - 2022
Qatar (USD) 3,444 2023 yearly 2006 - 2023
Romania (USD) 1,949 Dec 2024 monthly Jan 1991 - Dec 2024
Russia (USD) 1,256 Dec 2024 monthly Jun 1992 - Dec 2024
Saudi Arabia (USD) 754 2018 yearly 1995 - 2018
Serbia (USD) 1,329 Dec 2024 monthly Jan 2000 - Dec 2024
Singapore (USD) 4,587 Dec 2024 quarterly Mar 1995 - Dec 2024
Slovakia (USD) 1,751 Dec 2024 quarterly Mar 1993 - Dec 2024
Slovenia (USD) 2,936 Dec 2024 monthly Jan 1998 - Dec 2024
South Africa (USD) 1,547 Aug 2024 quarterly Nov 2004 - Aug 2024
Spain (USD) 2,545 Sep 2024 quarterly Mar 2000 - Sep 2024
Sweden (USD) 4,519 Dec 2024 monthly Jan 1996 - Dec 2024
Switzerland (USD) 6,641 2023 yearly 1991 - 2023
Syria (USD) 81 2020 yearly 1993 - 2020
Taiwan (USD) 1,872 Dec 2024 monthly Oct 1983 - Dec 2024
Tajikistan (USD) 243 Oct 2024 monthly Jan 1996 - Oct 2024
Thailand (USD) 442 Dec 2024 monthly Jan 2001 - Dec 2024
Ukraine (USD) 521 Jan 2022 monthly Jan 2002 - Jan 2022
United Arab Emirates (USD) 2,113 2016 yearly 1988 - 2016
United Kingdom (USD) 3,592 Nov 2024 monthly Jan 2000 - Nov 2024
United States (USD) 4,901 Feb 2025 monthly Mar 2006 - Feb 2025
Uruguay (USD) 2,509 2023 yearly 1998 - 2023
Uzbekistan (USD) 423 2024 yearly 2017 - 2024
Vietnam (USD) 331 Jun 2023 quarterly Mar 2011 - Jun 2023
Zambia (USD) 211 2021 yearly 2017 - 2021

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Singapore Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.4 Dec 2024 quarterly Mar 2012 - Dec 2024
Consolidated Fiscal Balance (USD mn) -675.584 Jan 2025 monthly Apr 2011 - Jan 2025
Tax Revenue (USD mn) 4,433.926 Jan 2025 monthly Aug 1987 - Jan 2025
Tax Revenue: % of GDP (%) 10.4 Dec 2024 quarterly Dec 1987 - Dec 2024
National Government Debt (USD mn) 926,486.2 Dec 2024 quarterly Mar 1990 - Dec 2024
Government Debt: % of GDP (%) 173.1 Dec 2024 quarterly Mar 1990 - Dec 2024
Forecast: Government Expenditure (SGD bn) 146.244 2030 yearly 1991 - 2030
Forecast: Government Net Debt (SGD bn) 1,597.757 2030 yearly 1991 - 2030
Forecast: Government Revenue (SGD bn) 169.136 2030 yearly 1991 - 2030
Govt Finance: Cash Surplus / Deficit (SGD mn) -919.200 Jan 2025 monthly Apr 2011 - Jan 2025
Govt Revenue: Operating (SGD mn) 6,815.900 Jan 2025 monthly Jan 2003 - Jan 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.333 2029 yearly 1980 - 2029
Trade Balance (USD mn) 2,158.2 Jan 2025 monthly Jan 1976 - Jan 2025
Total Exports (USD mn) 43,262.0 Jan 2025 monthly Jan 1976 - Jan 2025
Total Exports Growth (%) 6.2 Jan 2025 monthly Jan 1977 - Jan 2025
Aluminum: Exports (USD th) 482,034.010 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 8,750,013.495 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 9,962,678.423 2023 yearly 1995 - 2023
Total Imports (USD mn) 41,103.8 Jan 2025 monthly Jan 1964 - Jan 2025
Total Imports Growth (%) 14.8 Jan 2025 monthly Jan 1965 - Jan 2025
Imports: Medicament (USD th) 2,018,410.885 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 2,453,494.459 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 4,282.522 Jan 2025 monthly Jan 1976 - Jan 2025
Total Imports from USA (USD mn) 3,960.459 Jan 2025 monthly Jan 1976 - Jan 2025
Total Exports to China (USD mn) 4,458.474 Jan 2025 monthly Jan 1975 - Jan 2025
Total Imports from China (USD mn) 4,998.677 Jan 2025 monthly Jan 1975 - Jan 2025
Re Exports: Non Oil (SGD mn) 22,035.26 May 2018 monthly Jan 1976 - May 2018
Domestic Exports: Non Oil (SGD mn) 17,289.94 May 2018 monthly Jan 1976 - May 2018
Exports: Non Oil (SGD mn) 40,168.70 Jul 2018 monthly Jan 1964 - Jul 2018
Exports: Indonesia (SGD mn) 4,556.100 Jan 2025 monthly Jan 2003 - Jan 2025
Export Value Index (2015=100) 130.084 2021 yearly 1980 - 2021
Import Value Index (2015=100) 136.736 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 12,847.4 Sep 2024 quarterly Mar 1995 - Sep 2024
Current Account Balance (USD mn) 21,619.8 Dec 2024 quarterly Mar 1986 - Dec 2024
Current Account Balance: % of GDP (%) 15.3 Dec 2024 quarterly Mar 1986 - Dec 2024
Foreign Direct Investment (USD mn) 45,589.0 Dec 2024 quarterly Mar 1995 - Dec 2024
Foreign Direct Investment: % of GDP (%) 32.3 Dec 2024 quarterly Mar 1995 - Dec 2024
Foreign Portfolio Investment (USD mn) 7,653.178 Dec 2024 quarterly Mar 1995 - Dec 2024
Foreign Portfolio Investment: % of GDP (%) 5.4 Dec 2024 quarterly Mar 1995 - Dec 2024
External Debt (USD mn) 2,153,029.1 Sep 2024 quarterly Jun 2003 - Sep 2024
External Debt: % of GDP (%) 391.1 2023 yearly 2003 - 2023
External Debt: Short Term (USD mn) 1,370,855.0 Sep 2024 quarterly Jun 2003 - Sep 2024
External Debt: Short Term: % of GDP (%) 254.2 2023 yearly 2003 - 2023
Forecast: Current Account Balance (USD bn) 95.944 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 871,662.536 Sep 2024 quarterly Dec 2013 - Sep 2024
BoP: Current Account (CA) Balance (SGD mn) 28,814.100 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: CA: Services: Imports (SGD mn) 121,243.300 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Portfolio Inv: Assets (SGD mn) 23,633.100 Dec 2024 quarterly Mar 1995 - Dec 2024
BoP: FA: Portfolio Investment (SGD mn) 13,433.200 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Others: Assets (SGD mn) 110,229.200 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: CA: Services: Balance (SGD mn) 15,145.300 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: CA: Goods: Imports (SGD mn) 153,207.100 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: CA: Services: Exports (SGD mn) 136,388.600 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Others (SGD mn) 62,851.500 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: CA: Primary Income Balance: Payment (SGD mn) 95,354.500 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: CA: Secondary Income Balance (SGD mn) -2,478.100 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Financial Derivatives: Assets (SGD mn) 8,088.600 Dec 2024 quarterly Mar 2006 - Dec 2024
BoP: Financial Account (FA): Net (SGD mn) 39,070.500 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Others: Liabilities (SGD mn) 47,377.700 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Direct Investment: Liabilities (SGD mn) 60,759.500 Dec 2024 quarterly Mar 1995 - Dec 2024
BoP: FA: Direct Investment (SGD mn) -38,869.000 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: CA: Goods: Exports (SGD mn) 201,807.200 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: CA: Primary Income Balance: Receipts (SGD mn) 62,901.300 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Financial Derivatives (SGD mn) 1,654.800 Dec 2024 quarterly Mar 2006 - Dec 2024
BoP: CA: Goods: Balance (SGD mn) 48,600.100 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: Net Errors and Omissions (SGD mn) -974.300 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: Official Reserves (OR): Net (SGD mn) -11,230.700 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Direct Investment: Assets (SGD mn) 21,890.500 Dec 2024 quarterly Mar 1995 - Dec 2024
BoP: FA: Financial Derivatives: Liabilities (SGD mn) 6,433.800 Dec 2024 quarterly Mar 2006 - Dec 2024
BoP: CA: Primary Income Balance (SGD mn) -32,453.200 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Portfolio Inv: Liabilities (SGD mn) 10,199.900 Dec 2024 quarterly Mar 1995 - Dec 2024
BoP: FA: PI: Liabilities: Debt Securities (SGD mn) 1,256.600 2018 yearly 1988 - 2018
BoP: FA: PI: Liabilities: Equity & Investment Fund Shares (SGD mn) -5,728.600 2018 yearly 1988 - 2018
International Investment Position (IIP) (SGD mn) 1,108,209.700 Dec 2018 quarterly Dec 2013 - Dec 2018
External Debt: Gross: OL: OS: Short Term (SGD mn) 348,972.000 Sep 2024 quarterly Jun 2003 - Sep 2024
External Debt: Gross: OL: OS: Long Term (SGD mn) 313,756.800 Sep 2024 quarterly Jun 2003 - Sep 2024
External Debt: Gross (SGD mn) 2,762,551.700 Sep 2024 quarterly Jun 2003 - Sep 2024
External Debt: Gross: OL: DTC: Long Term (SGD mn) 187,451.200 Sep 2024 quarterly Jun 2003 - Sep 2024
External Debt: Gross: OL: DTC: Short Term (SGD mn) 1,409,972.100 Sep 2024 quarterly Jun 2003 - Sep 2024
Direct Investment Abroad: European Union (EU-27) (SGD mn) 234,607.400 2023 yearly 1994 - 2023
FDI: By Industry: Financial & Insurance Services (SGD mn) 1,788,363.400 2023 yearly 1998 - 2023
Foreign Direct Investment (FDI): Total (SGD mn) 2,843,105.600 2023 yearly 1998 - 2023
FDI: By Industry: Manufacturing (SGD mn) 279,941.300 2023 yearly 1998 - 2023
FDI: By Industry: Professinal, Administrative & Support Services (SGD mn) 135,762.400 2023 yearly 1998 - 2023
FDI: By Industry: Wholesale & Retail Trade (SGD mn) 411,137.600 2023 yearly 1998 - 2023
FDI: By Country: Japan (SGD mn) 181,047.100 2023 yearly 1998 - 2023
FDI: By Country: United Kingdom (SGD mn) 153,599.700 2023 yearly 1998 - 2023
FDI: By Country: Switzerland (SGD mn) 73,934.800 2023 yearly 1998 - 2023
FDI: By Country: Netherlands (SGD mn) 81,934.900 2023 yearly 1998 - 2023
FDI: By Country: United States (SGD mn) 692,307.300 2023 yearly 1998 - 2023
Business Entities (BE): Formation: Total (Number) 5,718.000 Jan 2025 monthly Jan 1970 - Jan 2025
SG: BOP: Current Account: Personal Remittances: Received (USD mn) 0.000 2023 yearly 2005 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.3 Dec 2019 quarterly Dec 2008 - Dec 2019
Household Debt: % of GDP (%) 51.9 Dec 2024 quarterly Mar 1995 - Dec 2024
Non-Performing Loans (USD mn) 9,947.940 Dec 2019 quarterly Dec 2008 - Dec 2019
Money Supply M1 (USD mn) 365,823.695 Jan 2025 monthly Mar 2004 - Jan 2025
Money Supply M2 (USD mn) 994,068.268 Jan 2025 monthly Mar 2004 - Jan 2025
M2 Growth (%) 6.7 Jan 2025 monthly Mar 2005 - Jan 2025
Foreign Exchange Reserves (USD mn) 363,294.4 Jan 2025 monthly Apr 2000 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 65.403 Dec 2024 quarterly Jun 2000 - Dec 2024
Foreign Exchange Reserves: Months of Import (NA) 9.0 Jan 2025 monthly Apr 2000 - Jan 2025
Gold Reserves (USD mn) 5,953.300 Jan 2025 monthly Apr 2000 - Jan 2025
Total Deposits (USD mn) 1,423,704.045 Jan 2025 monthly Jan 1991 - Jan 2025
Total Deposits Growth (%) 4.7 Jan 2025 monthly Jan 1992 - Jan 2025
Domestic Credit (USD mn) 886,995.9 Jan 2025 monthly Mar 2004 - Jan 2025
Domestic Credit Growth (%) 6.1 Jan 2025 monthly Mar 2005 - Jan 2025
Credit to Households (USD bn) 232.095 Jun 2024 quarterly Mar 1991 - Jun 2024
Credit to Private Non-Financial Sector (USD bn) 890.663 Jun 2024 quarterly Dec 1963 - Jun 2024
Household Debt (USD mn) 278,791.7 Jan 2025 monthly Mar 2004 - Jan 2025
Total Loans (USD mn) 960,210.025 Jan 2025 monthly Mar 2004 - Jan 2025
Total Loans Growth (%) 3.63 Jan 2025 monthly Mar 2005 - Jan 2025
Private Debt: % of Nominal GDP (%) 128.28 Dec 2024 quarterly Mar 2004 - Dec 2024
ORA: Other Reserve Assets (USD mn) 472.40 Jul 2018 monthly Apr 2000 - Jul 2018
ORA: Gold Incl Gold Deposits and Gold Swapped (USD mn) 211.70 Jul 2018 monthly Apr 2000 - Jul 2018
DBU: Loans & Advances: CL: Housing & Bridging Loans (SGD mn) 203,114.90 May 2018 monthly Jan 1991 - May 2018
DBU: Loans & Advances: Total, Including Bills Financing (SGD mn) 667,892.20 May 2018 monthly Jan 1980 - May 2018
DBU: Loans & Advances: LB: Professional & Private Individuals (SGD mn) 10,320.90 May 2018 monthly Jan 1991 - May 2018
DBU: Loans & Advances: Loans to Businesses (LB) (SGD mn) 403,032.70 May 2018 monthly Mar 2004 - May 2018
DBU: Loans & Advances: Consumer Loans (CL) (SGD mn) 264,859.50 May 2018 monthly Mar 2004 - May 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 0.2 Feb 2025 monthly Jan 2000 - Feb 2025
Composite Leading Index: 2015=100 (2015=100) 109.300 Mar 2019 quarterly Mar 1978 - Mar 2019

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