Explore Singapore's latest macroeconomic trends and forecasts to inform business strategy and pinpoint opportunities and risks

Household Consumption Expenditure on Communication in Singapore (2010 - 2021, $ Million)

  • Singapore had a $4,458 million household consumption expenditure on communication in 2021 
  • Household consumption expenditure on communication in Singapore decreased by 2.04% on a year-on-year basis in 2021
  • Between 2010-2021, the household consumption expenditure on communication in Singapore decreased by 10.3%

Singapore: Household Consumption Expenditure on Communication

Household Consumption Expenditure on Communication in Singapore

Household consumption expenditure on communication in Singapore attained a value of $4,458 million in 2021. It recorded a decline of 2.04% in 2021 compared to the previous year. Between 2010-2021, the household consumption expenditure on communication in Singapore decreased by 10.3%. The indicator in Singapore was highest in the year 2014 and lowest in the year 2021, between 2010 and 2021.

This indicator refers to household consumption expenditure on communication and includes expenditures incurred by resident households on communications, which includes telecommunications, postal and internet facilities, and services.

Household Consumption Expenditure on Communication: Global Scenario

According to GlobalData, the countries with the highest household consumption expenditure on communication in 2020 were the United States, Germany, France, Canada, Italy, Spain, Mexico, Australia, Turkey and the Netherlands.

Montenegro, Malta, Mongolia, Luxembourg, Iceland, Bosnia and Herzegovina, Estonia, Cyprus, Latvia and Slovenia were some of the countries with the lowest household consumption expenditure on communication in 2020.

Between 2010 and 2020, Mongolia, Azerbaijan, Iceland, Ukraine, Lithuania, Thailand, Serbia, Malta, Bulgaria, and Romania were some of the countries with the highest growth in household consumption expenditure on communication. Portugal, Italy, Turkey, Greece, France, the Netherlands, Mexico, Norway, Australia, and Spain are the countries with the lowest growth in consumption expenditure.

Singapore’s Household Income Highlights in 2021

Singapore’s median household income (PPP) hit $110,383 in 2021, an increase of 0.1% over the previous year. Between 2015 to 2021, Singapore’s median household income (PPP) increased by 45%.

Explore Singapore's latest macroeconomic trends and forecasts to inform business strategy and pinpoint opportunities and risks Explore Singapore's latest macroeconomic trends and forecasts to inform business strategy and pinpoint opportunities and risks Visit Report Store
Still looking?

Don’t wait - discover a universe of connected data & insights with your next search. Browse over 28M data points across 22 industries.

Explorer

Access more premium companies when you subscribe to Explorer