Real and Nominal Wage Growth for Singaporeans in Each Decile for Last 10 Years

13 Mr Chen Show Mao asked the Minister for Manpower what was the real and nominal wage growth for Singaporeans in each income decile for each of the last 10 years.

Mr Lim Swee Say: The Ministry of Manpower (MOM) monitors the wage outcome of the workforce by tracking income trends at the 20th percentile¹⁰ (low-wage workers) and 50th percentile (general workers). The annual change in nominal and real¹¹ gross monthly income (including employer Central Provident Fund [CPF] contributions) by the 20th and 50th percentile for Full-Time Employed¹² Singaporeans, from 2007 to 2016, is provided in Table 1 below.

Table 1 Annual Change (%) in Gross Monthly Income from Work¹³ (including Employer CPF contributions) of Full-Time Employed Singaporeans, June 2007-2016