SG · SGD · 2024

Singapore Income Percentiles 2024: Median & Top 1%

The 2024 WID-based median annual income in Singapore is SGD 86,571, or SGD 7,214 when divided by 12. The annual top-1% entry threshold is SGD 878,608. These are pre-tax national-income estimates for equal-split adults aged 20+, not employee salaries or household incomes.

Median income, average salary and income percentiles

The median is the 50th-percentile boundary, with half of adults below it and half above. The imported dataset contains percentile thresholds, not an arithmetic mean. Averaging these boundaries does not produce an average salary. A top-1% threshold is the entry boundary, not the average income of the richest 1%.

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CountrySingapore
Annual pre-tax incomeSGD
Data sourceWID.world · 2024

Singapore income thresholds

Selected published WID thresholds. Amounts are annual pre-tax national income, not take-home salary. Monthly equivalents divide the annual amount by 12.

Singapore income thresholds
Approximate rankAnnual income (SGD)Monthly equivalent
Top 50%SGD 86,571SGD 7,214
Top 25%SGD 137,524SGD 11,460
Top 10%SGD 284,308SGD 23,692
Top 5%SGD 495,447SGD 41,287
Top 1%SGD 878,608SGD 73,217
Top 0.1%SGD 4,361,630SGD 363,469

Income data: 2024 · PPP: 2024 · World: 2024

How is it calculated?

Annual pre-tax national income for equal-split adults aged 20+. This WID concept is broader than salary. Country rank uses local thresholds; worldwide rank uses WID purchasing-power conversion. We use logarithmic interpolation between points and extrapolation outside them.

This estimate is outside the published threshold range; it uses extrapolation and is more uncertain.

Amounts use each country's own currency and data year. This is a rank comparison, not an exchange-rate, cost-of-living or relocation estimate.

Income tiers

The tier names are a RankMyIncome display system, not official WID classifications.

Diamond: Top 10% · Master: Top 5% · Grandmaster: Top 1% · Challenger: Top 0.1%

Data source: WID.world · Methodology (English)

Explore related countries

Income percentile calculators by country →

Income benchmarks

Median income

SGD 86,571

2024 · Published threshold

Worldwide rank of the country median

Top 4.92%

USD PPP 107,825.6 · 2024

Top 1% threshold / median

10.15×

2024

Income distribution explorer

Published in the imported WID series. Annual pre-tax national income, not net salary.

p10

SGD 16,698

Published threshold

p25

SGD 55,236

Published threshold

p50

SGD 86,571

Published threshold

p75

SGD 137,524

Published threshold

p90

SGD 284,308

Published threshold

p95

SGD 495,447

Published threshold

p99

SGD 878,608

Published threshold

p99.9

SGD 4,361,630

Published threshold

Common questions

What is the median income in Singapore?

SGD 86,571 · 2024. Published in the imported WID series. Annual pre-tax national income, not net salary.

What is the top 10% income in Singapore?

SGD 284,308 · 2024. Published in the imported WID series. Annual pre-tax national income, not net salary.

Is this a salary percentile?

WID pre-tax national income is broader than salary. These are adult income ranks, not employee salary percentiles.

Related tools

Compare adult median income

Singapore household-income statistics and employee salary statistics use different populations from this adult national-income distribution. The SGD thresholds here cannot be read as household cutoffs. Compare the selected economies below in USD PPP, rather than comparing their nominal currency amounts.

Selected comparisons, not a regional average. WID pre-tax national income for equal-split adults.
CountryMedian (USD PPP)Income / PPP year
Singapore107,825.62024 / 2024
Malaysia31,707.162024 / 2024
Hong Kong SAR China49,792.142024 / 2024
Taiwan50,344.182024 / 2024

The top-10% threshold is 3.28 times the median; the top-1% threshold is 10.15 times the median. These ratios compare income boundaries, not shares of total income.

Sources and interpretation

Monthly equivalents divide annual income by 12; they are not take-home pay. PPP compares national price levels, not current exchange rates or personal living costs. WID estimates may be revised.

WID.world · tptinc992j / tptincj992 · 2024 · SGD. PPP: xlcusp999i / xlcuspi999 · 2024.

WID.world · WID methodology · WID codes dictionary · Data sources (EN)

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