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Singapore Statistics

Singapore to include non-wage income in annual household income report going forward

Figures under both new and old methodologies show that Singapore’s income inequality is at its lowest since records on household market income began in 2015.
Figures under both new and old methodologies show that Singapore’s income inequality is at its lowest since records on household market income began in 2015.

Median household income in Singapore in 2025 crosses $12,000 mark for the first time

Among resident households, monthly household income grew by 7.7 per cent, from $11,558 in 2024 to $12,446 in 2025 before adjusting for inflation.
Among resident households, monthly household income grew by 7.7 per cent, from $11,558 in 2024 to $12,446 in 2025 before adjusting for inflation.

Senior households form a third of HDB residents, up from one-quarter in 2018

In 2023/2024, 31 per cent of HDB households were senior households, up from 25.6 per cent in 2018.
In 2023/2024, 31 per cent of HDB households were senior households, up from 25.6 per cent in 2018.

Singapore retail sales up by 1.4%, driven by motor vehicle sales

More economic uncertainty could lead to further dampened retail sales in Singapore.
More economic uncertainty could lead to further dampened retail sales in Singapore.

S’pore households’ debt up, but assets growth more than keeps pace

In the most recent quarter, household assets grew 7.8 per cent year on year to $3.49 trillion.
In the most recent quarter, household assets grew 7.8 per cent year on year to $3.49 trillion.

Market Insights

DBS punches above $46 to record high but SGX slides; Temasek units make bid for Paragon mall

Paragon Reit, which owns The Paragon mall, was among the market movers on the Singapore Exchange last week.
Paragon Reit, which owns The Paragon mall, was among the market movers on the Singapore Exchange last week.

S’pore household incomes rise in 2024; more support received from govt schemes

Median monthly household income from work rose 1.4 per cent in real terms, or after adjusting for inflation, in 2024.
Median monthly household income from work rose 1.4 per cent in real terms, or after adjusting for inflation, in 2024.

S’pore households earned more than they spent over the past five years: Govt survey

Government rebates and subsidies supplemented household income and helped families cope with rising expenses.
Government rebates and subsidies supplemented household income and helped families cope with rising expenses.

Singapore retail takings eke out 1% rise in July, thanks to car sales

Customers looking at cars in BYD car Showroom along Alexandra Road on 6 January. 2024. 
Crowds are expected at car showrooms following the big drop in certificate of entitlement premiums on Wednesday and lowered car prices ahead of the Singapore Motorshow.
Customers looking at cars in BYD car Showroom along Alexandra Road on 6 January. 2024. 
Crowds are expected at car showrooms following the big drop in certificate of entitlement premiums on Wednesday and lowered car prices ahead of the Singapore Motorshow.

Singapore retail sales dip 0.6% in June, reversing May’s growth

Singapore’s competitiveness as a tourism destination could be weighed down by higher prices and a strong exchange rate.
Singapore’s competitiveness as a tourism destination could be weighed down by higher prices and a strong exchange rate.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.