Chart 50 Annualised change in real* gross monthly income from employment (including employer/platform operator CPF contributions) of full-time employed residents Per Cent Per Annum
Income growth at the 2oth percentile outpaced the median over the longer term, 5.3 Real income growth at the P20 over the recent five- and ten-year periods (2020 to 2025: 2.8% p.a., 2015 to 2025: 2.9% p.a.) were higher than growth at the median (2020 to 2025: 1.6% p.a., 2015 to 2025: 2.1% p.a.), indicating that income growth over the longer term was inclusive. This workers. As a result, the P20-to-P50 income ratio51 rose to 0.55 in 2025, from 0.52 in 2020 and 0.51 in 2015. Wage uplifting through the PWM, alongside productivity and skills upgrading, will continue to support more inclusive income growth. employer/platform operator CPF contributions).