Wage bill as a percentage of GDP in Singapore
Singapore: Wage bill as a percentage of GDP was 3.6% in 2022. ▼ Falling
Wage bill as a percentage of GDP in Singapore, 2000–2022
Source: World Bank.
Analysis
The most recent figure for wage bill as a percentage of gdp in Singapore is 3.6%, measured in 2022.
Compared with earlier readings it is down 1.6% on the previous year and up 2.4% over ten years.
Over the whole period, wage bill as a percentage of gdp in Singapore peaked at 5.0% in 2002 and was at its lowest, 3.5%, in 2011.
That places Singapore 173rd out of 190 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 23 years of available data.
Wage bill as a percentage of GDP in Singapore, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.6% | — |
| 2001 | 5.0% | +7.9% |
| 2002 | 5.0% | +0.5% |
| 2003 | 4.9% | -2.3% |
| 2004 | 4.5% | -8.3% |
| 2005 | 4.3% | -4.4% |
| 2006 | 3.7% | -13.8% |
| 2007 | 3.9% | +5.8% |
| 2008 | 3.9% | +0.9% |
| 2009 | 3.9% | -1.9% |
| 2010 | 3.8% | -2.3% |
| 2011 | 3.5% | -8.0% |
| 2012 | 3.6% | +2.5% |
| 2013 | 3.7% | +3.1% |
| 2014 | 3.8% | +2.8% |
| 2015 | 3.8% | +0.7% |
| 2016 | 3.8% | +1.3% |
| 2017 | 3.8% | -1.4% |
| 2018 | 3.6% | -3.8% |
| 2019 | 3.5% | -4.8% |
| 2020 | 3.7% | +7.1% |
| 2021 | 3.7% | -0.5% |
| 2022 | 3.6% | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.4% | 3.7% | 5.0% | 10 |
| 2010s | 3.7% | 3.5% | 3.8% | 10 |
| 2020s | 3.7% | 3.6% | 3.7% | 3 |
Countries ranked near Singapore
More reference data data for Singapore
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.008 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0066 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0618 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0618 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0269 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0096 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0378 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.2664 (2050)
- Emission Totals - Emissions (N2O) - Burning - Crop residues 0 (1992)
- Emission Totals - Emissions (N2O) - Agricultural Soils 0.2567 (2050)
Frequently asked questions
- What is wage bill as a percentage of gdp in Singapore?
- Wage bill as a percentage of gdp in Singapore was 3.6% in 2022, according to the World Bank.
- What is the highest wage bill as a percentage of gdp recorded in Singapore?
- The highest recorded value was 5.0% in 2002.
- What is the lowest wage bill as a percentage of gdp recorded in Singapore?
- The lowest recorded value was 3.5% in 2011.
- How does Singapore rank for wage bill as a percentage of gdp?
- Singapore ranks 173rd out of 190 countries with data for 2022.
- Is wage bill as a percentage of gdp rising or falling in Singapore?
- Over the last ten years it is up 2.4%. The long-run trend across the full record is falling.
- Where does this Singapore data come from?
- The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).