Inequality is one of the most serious issues facing Singapore today and if not tackled carefully, will cause society to fracture… While Singapore has done “relatively well” in reducing inequality over the years through “multiple lines of assistance”, more has to be done. ~Home Affairs and Law Minister K Shanmugam at the launch of the Red Cross Junior Club and Project C.A.R.E launch in 2018

Studies have shown that high and sustained levels of inequality, especially income inequality are correlated to health and social problems. According to the World Bank, Singapore’s GDP per capita of about US$65,233 puts the country at number 14 in the world. As such it is considered one of the richest countries in the world.

However, despite Singapore’s riches, the county is facing the issue of income inequality, an ailment which plagues rich and poor nations alike. But, what is the state of income inequality in Singapore?...