Overview
- MOF and Singstat released the Key Household Income Trends 2025, shifting to a market income series that includes non-employment income and all resident households.
- After taxes and transfers, the Gini coefficient was 0.379 in 2025, down from 0.437 in 2015, reflecting decade-long real wage gains that were strongest for lower-income workers.
- Singapore’s first official wealth estimate put the wealth Gini at 0.55, broadly comparable to advanced economies, with officials cautioning top-end assets may be underreported.
- In 2023, property accounted for 56% of household wealth, with CPF balances and other financial assets each at 22%, underscoring housing’s role in asset distribution.
- Cohort analysis found most children from lower-income families moved up the income ladder, though a growing share remained in the bottom fifth across later cohorts.