Average Salary in Singapore for Indians: Pay Scale Guide
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What is the average earning in Singapore for an Indian student after study? Well, the salary in Singapore depends upon the education level, years of experience, industry and many other factors. Singapore is one of the costliest cities in the world to study or live. No doubt, you need a good amount as a salary to live here.
Are you planning to migrate to Singapore for work or higher study? Do you want to know the monthly average salary in Singapore for Indians? Well, Singapore is one of the top 5 countries with the highest per capita income. According to a report by the World Bank, the Per capita income of Singapore is USD 84,734 (INR 73.91 Lakhs).
Singapore is a popular study destination in the Asia continent. Students from India and other countries choose to study in Singapore. Apart from quality education, growing job opportunities are the reason to choose universities in Singapore for higher studies. This blog will be helpful for those who want to explore career opportunities in Singapore. By the end of this blog, you'll have a clear knowledge of the average salary in Singapore per month for Indians.
- What is the Average Salary in Singapore?
- Industry-Wise Average Salary in Singapore
- Experience-Wise Average Salary in Singapore
- Highes Paying Jobs in Singapore
- Job Opportunities in Singapore for Indian Students
- FAQs Related to Average Salary in Singapore
What is the Average Salary in Singapore?
The normal salary in Singapore for a working professional depends on various factors such as education level, years of experience, industry trends and more. The unemployment rate in Singapore is 1.9% which shows the amazing job opportunities available here. According to the Ministry of Manpower Singapore, the Job market is growing after the Covid-19 impact.
The average earning in Singapore for a full-time worker is approximately SGD 70,000 (INR 43.15 Lakhs) per year. The average pay in Singapore for entry-level workers is SGD 50,544 (INR 31.18 Lakhs).
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Average Salary in Singapore for Indian Students
Nearly 9% of the total population in Singapore are Indian. They are employed in different service sectors such as Information Technology, Engineering, Healthcare, Business Owners, Government sector, and more. The IT sector of Singapore is growing rapidly and Indian professionals are dominating there. According to Glassdoor, the average IT salary in Singapore is SGD 5500 (INR 3.39 Lakhs) per month.
According to a tech salary survey from NodeFlair and Iterative, Entry-level IT professionals are earning SGD 4,979 (INR 2.28 Lakhs) per month in Singapore. On the other hand, the average salary in India for the same job profile is SGD 880 (INR 40,336). Clearly, the salary of IT professionals in Singapore is higher than in India.
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Industry-Wise Average Salary in Singapore
The pay scale for various job profiles is not the same in Singapore. If you are looking for job opportunities in Singapore, then you should have a fair idea about the highest and lowest-paying jobs here. This will help you to choose the right job for you. On the other hand, if you are planning to get admission to a Singaporean university then, knowing current industry trends will help you to choose the right course for your future. Check out the industry-based average salary in Singapore.
| Profession |
Average Salary in Singapore Estimate (Annual) in SGD |
Average Pay in Singapore Estimate (Annual) in INR |
|---|---|---|
| Doctor |
99,159 |
64 Lakhs |
| IT Project Manager |
83,141 |
53.61 Lakhs |
| Business Development Manager |
71,728 |
46.25 Lakhs |
| Human Resource Manager |
70,667 |
45.57 Lakhs |
| Digital Marketer Manager |
68,670 |
44.28 Lakhs |
| Software Engineer (Computer Science) |
62,261 |
40.15 Lakhs |
| Finance Analyst |
58,862 |
38 Lakhs |
| Accountant |
52,272 |
33.71 Lakhs |
| Civil Engineer |
48,023 |
31 Lakhs |
| Graphic Designer |
33,869 |
22 Lakhs |
Source: PayScale
Average Salary Increment in Singapore
Working professionals in Singapore can expect an average salary increase of 4% to 5% in the year 2025. This number is just an average of the overall increment percentage but it can vary for different job profiles and industries according to market standards.
Experience-Wise Average Salary in Singapore
Indian students who are planning to study and work in Singapore should know the salary based on experience. It will help them to understand the growth path for them. Below, we have mentioned experience-based salaries in Singapore.
| Years of Experience |
Normal Salary in Singapore |
|---|---|
| 0-2 Years |
2.28 Lakhs |
| 2-5 Years |
3.09 Lakhs |
| 5-10 Years |
4.09 Lakhs |
| 10-15 Years |
4.85 Lakhs |
| 15-20 Years |
5.57 Lakhs |
| +20 Years |
6.04 Lakhs |
Highes Paying Jobs in Singapore
While IT, finance, and medicine offer some of the highest salaries in Singapore, there's much more to explore in this vibrant economy. Here are some additional high-paying jobs in Singapore. These profiles are known for their attractive earning potential:
| Job Title |
Salary Range (SGD) |
Salary Range (INR) |
|---|---|---|
| Data Scientist |
S$150,000 |
79,50,000 |
| Cybersecurity Specialist |
S$120,000 |
63,60,000 |
| Maritime Captain |
S$200,000 |
1,06,00,000 |
| Corporate Lawyer |
S$150,000 |
79,50,000 |
| Investment Banking Analyst |
S$136,179 |
72,17,487 |
| Full Stack Developer |
S$127,936 |
67,80,608 |
Job Opportunities in Singapore for Indian Students
The economy of Singapore is one of the most stable economies in the world. Students who are going to study here can easily find a job if they are proficient enough. You can explore the Job Prospects for Indian Students in Singapore
Also, there are plenty of Part-Time Work Options in Singapore for Indian Students. To apply for these jobs, students can use the below-mentioned job portals
- MyCareersFuture (Government Portal of Singapore)
- Monster
- Jobs DB
- Careers@gov
- Indeed Singapore
These job portals are easily accessible and easy to use for an Indian professional. For help with university applications, students seeking to study abroad can contact our Shiksha Study Abroad Counsellors. The comments section below allows candidates to contact us as well.
As mentioned by Payscale, the average salary in Singapore for a Software Engineer is around INR 42.00 Lakhs per year. This can vary depending on factors such as your experience, company size, location, and skills. If you are skilled and experienced then you can get a salary higher than average salary.
The salary in Singapore does not depends on the nationality of a worker. It entirely depends on their skill set and the industry they work in. Medicine, Information Technology, Human Resources, and Digital Marketing are among the fastest-growing sectors in Singapore, offering a decent salary packages.
FAQs Related to Average Salary in Singapore
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Apart from education and experience, required skills, Industry demand, specialization, Size of organization, Location, Market Value, and Cost of living are the major factors that affect the average salary in Singapore. Also, your negotiation skills will play an important role in deciding how much money you'll get.