Wages in Singapore
The Singapore economy recorded average wage growth of 2.3% in the decade to 2024, above the 2.3% average for the ASEAN. In 2024, wage growth was 4.8%.
Singapore Wages Chart
Note: This chart displays Wages (ann. var. %) for Singapore from 2014 to 2024.
Source: Macrobond.
Singapore Wages Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Wages (ann. var. %) | 1.4 | 3.6 | 4.8 | 1.9 | 4.8 |