Wealth share of the richest 1% in Singapore

Singapore: Wealth share of the richest 1% was 28.4% in 2024. ▲ Rising

Latest (2024)
28.4%
Change on year
down 1.9%
World rank
70th
of 215 countries
All-time high
31.7%
in 2021
All-time low
22.4%
in 1984
Years of data
45
1980–2024

Wealth share of the richest 1% in Singapore, 1980–2024

01020301980200220241980: 22.5 %1981: 22.5 %1982: 22.8 %1983: 22.5 %1984: 22.4 %1985: 23 %1986: 22.7 %1987: 23.2 %1988: 25.8 %1989: 25 %1990: 24.8 %1991: 24 %1992: 24.1 %1993: 23.7 %1994: 24.8 %1995: 26 %1996: 25.9 %1997: 26.9 %1998: 26.5 %1999: 26.4 %2000: 26 %2001: 27.5 %2002: 27.3 %2003: 26.4 %2004: 26.9 %2005: 25.9 %2006: 26.1 %2007: 26.4 %2008: 26.9 %2009: 24.9 %2010: 24.6 %2011: 24.8 %2012: 24.8 %2013: 26.5 %2014: 27.9 %2015: 28.3 %2016: 27.5 %2017: 28.3 %2018: 28.5 %2019: 28.4 %2020: 29 %2021: 31.7 %2022: 29 %2023: 28.9 %2024: 28.4 %

Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.

Analysis

The most recent figure for wealth share of the richest 1% in Singapore is 28.4%, measured in 2024.

The figure is down 1.9% on the previous year and up 1.6% over ten years.

Over the whole period, wealth share of the richest 1% in Singapore peaked at 31.7% in 2021 and was at its lowest, 22.4%, in 1984.

Singapore ranks 70th of 215 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 45 years of available data.

Wealth share of the richest 1% in Singapore, year by year

Annual values for Wealth share of the richest 1% in Singapore, 1980 to 2024.
Year % Change
1980 22.5%
1981 22.5% +0.1%
1982 22.8% +1.2%
1983 22.5% -1.2%
1984 22.4% -0.4%
1985 23.0% +2.5%
1986 22.7% -1.0%
1987 23.2% +2.3%
1988 25.8% +11.1%
1989 25.0% -3.1%
1990 24.8% -1.0%
1991 24.0% -2.9%
1992 24.1% +0.0%
1993 23.7% -1.5%
1994 24.8% +4.6%
1995 26.0% +5.0%
1996 25.9% -0.5%
1997 26.9% +4.0%
1998 26.5% -1.5%
1999 26.4% -0.3%
2000 26.0% -1.6%
2001 27.5% +5.8%
2002 27.3% -0.8%
2003 26.4% -3.4%
2004 26.9% +1.9%
2005 25.9% -3.6%
2006 26.1% +0.9%
2007 26.4% +1.1%
2008 26.9% +1.9%
2009 24.9% -7.4%
2010 24.6% -1.2%
2011 24.8% +0.8%
2012 24.8% -0.3%
2013 26.5% +7.1%
2014 27.9% +5.2%
2015 28.3% +1.6%
2016 27.5% -3.0%
2017 28.3% +3.0%
2018 28.5% +0.6%
2019 28.4% -0.4%
2020 29.0% +2.1%
2021 31.7% +9.2%
2022 29.0% -8.5%
2023 28.9% -0.3%
2024 28.4% -1.9%

Singapore compared with similar countries

  • Singapore's 28.4% is above the median for high income countries, which is 27.5%, 1.0× the median. (79 countries reporting)
  • Singapore's 28.4% is above the median for East Asia & Pacific, which is 27.2%, 1.0× the median. (34 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 23.2% 22.4% 25.8% 10
1990s 25.3% 23.7% 26.9% 10
2000s 26.4% 24.9% 27.5% 10
2010s 27.0% 24.6% 28.5% 10
2020s 29.4% 28.4% 31.7% 5

Countries ranked near Singapore

  1. 67 Canada 28.6% compare
  2. 68 Barbados 28.6% compare
  3. 68 Latvia 28.6% compare
  4. 71 Djibouti 28.3% compare
  5. 72 Lesotho 28.2% compare
  6. 73 United Arab Emirates 28.1% compare

See the full ranking of 215 places →

More reference data data for Singapore

All data for Singapore →

Frequently asked questions

What is wealth share of the richest 1% in Singapore?
Wealth share of the richest 1% in Singapore was 28.4% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest wealth share of the richest 1% recorded in Singapore?
The highest recorded value was 31.7% in 2021.
What is the lowest wealth share of the richest 1% recorded in Singapore?
The lowest recorded value was 22.4% in 1984.
How does Singapore rank for wealth share of the richest 1%?
Singapore ranks 70th out of 215 countries with data for 2024.
Is wealth share of the richest 1% rising or falling in Singapore?
Over the last ten years it is up 1.6%. The long-run trend across the full record is rising.
Where does this Singapore data come from?
The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Wealth share of the richest 1%. Statizoid updates them automatically from the source API.

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Wealth share of the richest 1% in Singapore. Statizoid, drawing on World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/wealth-share-richest/singapore/

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About this data

Indicator
Wealth share of the richest 1%
Unit
%
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
215 places, 10,553 data points, 1800–2024
Last refreshed

Share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.