Singaporeans earning higher income

By CARINE LEE


Singaporeans experienced growth in individual and household incomes in the last decade, according to statistics released on Tuesday by the Ministry of Manpower and Department of Statistics Singapore.

The median monthly income of Singapore citizens from 2001 to 2010 grew by 2.9 per cent per annum in nominal terms to $2,588 from $2,000, or 1.2 per cent per annum in real terms.

Incomes of citizen-headed households grew by 3.4 per cent per annum in nominal terms to $1,520 from $1,083, or 1.8 per cent in real terms from 2000 to 2010.