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Household incomes up despite inflation: Public sector outcomes review

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By janice heng

Household incomes rose last year despite rising inflation, while government transfers and taxes helped to nudge income inequality downwards.

These were among the findings of the latest public sector outcomes review. Released on Wednesday, it gave a snapshot of health, education, manpower, housing and other statistics.

It is the second such government stock-take. The review, introduced in 2010, will continue to be issued every two years.

According to the report, the median monthly household income in real terms - that is, after taking inflation into account - has risen since 2009.

The figure per household member was $1,848 last year, up from $1,799 in 2010 and $1,735 in 2009.

Singapore's Gini coefficient, a measure of income inequality which ranges from 0 to 1 and increases with inequality, was 0.473 in 2011, up slightly from 0.472 the year before.

But after including government transfers and taxes, income inequality has actually fallen.

The post-transfers-and-taxes Gini was 0.452 in 2011, down from 0.455.

The full report is available on the Ministry of Finance's webpage.
 
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