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This is the map and list of Asian countries by monthly average wage (annual divided by 12 months) gross and net income (after taxes) average wages for full-time employees in their local currency and in US Dollar. The chart below reflects the average (mean) wage as reported by various data providers.
Numbeo is a Serbian crowd-sourced online database of perceived consumer prices, real property prices, and quality of life metrics. The website was founded in April 2009 by former Google employee Mladen Adamović, [1] [2] to enable users to share and compare information about the cost of living between countries and cities. [3]
This is an accepted version of this page This is the latest accepted revision, reviewed on 31 January 2025. Economy of Singapore Skyline of Singapore's Downtown Core Currency Singapore dollar (SGD/S$) Fiscal year 1 April – 31 March Trade organisations WTO, APEC, CPTPP, IOR-ARC, RCEP, ASEAN and others Country group Developed/Advanced High-income economy Statistics Population 6,040,000 (2024 ...
The Ministry of Education established the Financial Assistance Scheme (FAS) to provide financial assistance for education to low income families with gross household income of SGD$2,500 or a per capita income of less than SGD$625.00. [121]
As of the latest report, Singapore has the highest HDI in ASEAN and Asia in general at 0.949, and Cambodia has the lowest HDI in ASEAN at 0.600. The inequality-adjusted report also has Singapore at the top with 0.825, and Cambodia having the lowest with 0.438.
The data has been collected by the World Bank's International Comparison Program since the 1970s and has been available for almost all World Bank member states and some other territories since 1990. The Global price level, as reported by the World Bank, is a way to compare the cost of living between different countries.
At the time of independence, many Singaporeans living in the Central Area lived in overcrowded shophouses.In 1947, the British Housing Committee Report noted Singapore had "one of the world's worst slums – 'a disgrace to a civilised community'", and the average person per building density was 18.2 by 1947.
Taxation is based on the source principle, in which only income earned at source, in this case in Singapore, or those derived from overseas but received in Singapore, are taxable. Any income arising from sources outside Singapore and received in Singapore on or after 1 January 2004 by an individual (other than partners of a partnership) is ...