Source: OhMyChannel

On Thursday (20 Feb), the Singapore Department of Statistics (SingStat) released the figures on median household income which shows that household income inequality in the country has declined to the lowest level in almost twenty years.

The Gini index, which captures the distribution of income among individuals or households within an economy from the deviation from a perfectly equal distribution, is based on household income obtained from work per household member. In 2019, the Gini index was 0.452, which is lower than 2018 at 0.458 and the lowest since 2003.

The degree of income inequality measured by the Gini index amounts to one for perfect inequality and zero for perfect equality of income distribution.

Household income figures that were used Gini calculation also include the contribution of employer into the Central Provident Fund.

The Gini figure for 2019 dropped further to 0.398 after accounting for government taxes and transfers. SingStat reported that“this reflected the redistributive effect of government transfers”.

In 2019, median household income from work among Singapore’s resident employed household rose by 1.4 per cent in nominal terms to S$9,425, which contributed to the decline in inequality. This median household income figure is higher than the S$9,293 in 2018. This is a 1 per cent increase in real terms.

A resident employed household is headed by a permanent resident or a Singapore citizen and has at least one person who is employed.

The median monthly household income from work of resident employed households rose 2.5 per cent or 13 per cent cumulatively per year in real terms from 2014 to 2019.

Median monthly household income from work increased by 4.3 per cent in real terms or 4.8 per cent in nominal terms to S$2,925 in 2019, which is higher than S$2,792 in 2018.

As for the median monthly household income per household member, it rose by 4.1 per cent per year in real terms or 22.2 per cent cumulatively from 2014 to 2019.

At the same time, in 2019, real growth in average household income from work per household member was seen for resident employed households in all income groups.

Households in the first to 90th percentile income groups experienced real growth of 3.5 per cent to 3.6 per cent, which is more than the real growth experienced by households in the top 10 per cent income group at 0.4 per cent.

According to SingStat, on average, resident households, including those without working individuals, received S$4,682 per household member from government initiatives last year. Specifically, on average, the government gave out S$10,548 per household member to resident households in one and two-room HDB flats. This amount is more than double than the transfers given to those living in other housing types.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments
You May Also Like

林鼎挑战陈振声辩论CECA议题

上周六(6日),贸工部长陈振声强烈谴责一些社交媒体,散播有关新印全面经济合作协定(CECA)的不实消息,强调我国签署的所有自由贸易协定,包括CECA在内,从不就移民事宜作出任何承诺。 他澄清CECA从不意味着让印度公民无条件进入新加坡,也没让他们享有移民我国的特权。 上月26日,为了10元的隔夜停车费,私人公寓居民、摩根大通高管拉美斯(Ramesh Erramalli)和保安阿叔起争执,甚至呛声“我花了150万元买下这个单位”,不是住公共组屋,一时引起轩然大波。尽管拉美斯最终道歉,惟网民起底拉美斯来历,质疑他的身份和学历,亦挑起网民对于舍本地专才不用、引进外籍专才的不满。 高傲公寓居民辱骂保安阿叔挑起网民不满 失业者互助网站 Transitioning.org创办人吴家和(Gilbert Goh),也在日前发起集会,欢迎失业者、就业中或不满意现有体制的人士,出席集会表达他们的心声。 新加坡前进党秘书长、前总统候选人陈清木医生,也曾在今年8月3日的前进党推介礼致词,呼吁重新检讨在2005年签署的CECA协定。 “我们需要政府公布CECA的表单,证明究竟多少国人从该协议受益?有多少印度专才前来工作?”他认为,政府不能只关注GDP成长,也要有适合经商环境和支持SME和本地企业。 不过,陈振声则认为,目前网路上流传的不满言论或流言,试图在经济充满不确定时期,唤起国人的恐惧心理,甚至进而掀起种族相关纠纷,分裂新加坡社会。 他亦反驳所谓CECA造成大批印度移民涌入这种说法不属实,且任何人要申请成为新加坡公民,都必须符合我国条件。 他强调,CECA等自贸协定没有抢走国人就业机会,繁殖为国人创造更多商机和高薪工作。…

【冠状病毒19】社区病例回升迹象 黄循财:预料之内

国家发展部长兼财政部第二部长黄循财声称,我国解除阻断措施以来一周,本地社区病例有回升之势,惟整体情况仍受控制,每日新增社区病例数字都在预料之内。 他呼吁国人继续采取防疫措施,降低社区中冠病传播率,而政府未来一周仍会监督情况。 卫生部长颜金勇则指出,昨日公布六名确诊学生和非教职员,第二次检测对冠病呈阴性反应,这说明他们是在阻断措施期间就已受感染,而不是复课后。 据教育部7日发文告,本地圣公会中学、圣婴加东修道院女校、圣婴德兰女中、崇文中学以及华侨中学,出现五例冠状病毒19确诊,其中四人是学生,一名是非教职人员。 昨日新增14社区病例,6月6日也新增七例。

【选举】四人集选区看点:前进党、人民之声党 个别攻打颜金勇、杨莉明镇守选区

备受瞩目的提名程序结束,各政党候选人皆提名成功,六个四人集选区并没有出现任何黑马。 四人集选区中一些值得注意的看点,包括前进党由老少阮建平、陈明华、阿杜拉曼(Abdul Rahman)和崔宣明组成的团队,有意拿下原卫生部长颜金勇领军的老本营蔡厝港。颜金勇团队还有一位原部长刘燕玲,以及两位新人黄文鸿和周凯年。阮健平由领导跨国企业的经验、陈明华曾担任国立大学公共政策研究院研究员等,加上团队中一位在籍大学生,展现前进党人才的多元化。 至于民主党攻打两个四人集选区,即荷兰武吉知马和马西岭油池。值得一提的是,早前解散国人为先党的陈如斯,如今加入民主党,更以候选人身份参战。 至于人民之声党领袖林鼎,则率军亲自攻打原人力部长杨莉明镇守的惹兰勿刹集选区。 四人集选区的所有参选政党和候选人名单如下: 碧山-大巴窑:人民行动党的黄永宏、徐芳达、钟奇雄和安迪,对垒人民党的邱永豪、欧斯曼(Osman Sulaiman)、谢镜丰和李健铨(Williamson Lee)。 蔡厝港:前进党的阮建平、陈明华、阿杜拉曼和崔宣明,对垒人民行动党由颜金勇率领刘燕玲、黄文鸿和祖卡奈因(Zhulkarnain Abdul Rahim)的团队。…

Local groups call for greater freedom of expression in light of mounting charges against activist Jolovan Wham

A group of Singapore organisations have come together in a letter calling…