Share

Less income inequality in Singapore, but issue not licked yet

21 Feb 2020

The latest figures on household incomes, released yesterday, show that government measures and programmes put in place over the past decade have made a decisive impact in narrowing the income gap.

The Gini coefficient - which measures income inequality from 0 to 1, with 0 being most equal - fell to 0.452 last year, the lowest since 2001, figures from the Department of Statistics' Key Household Income Trends report show.

For the full article, click here.