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Written reply to PQ on share of GDP growth driven by resident full-time income earners across percentile groups including employers CPF contributions

9 September 2024

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Question

 

Mr Patrick Tay Teck Guan: To ask the Deputy Prime Minister and Minister for Trade and Industry for each year between 2016 and 2023, what is the share of gross domestic product growth driven by resident full-time income earners in the (i) 20th percentile (ii) 50th percentile (iii) 80th percentile and (iv) 90th percentile of such residents’ total annual compensation received including CPF contributions by employers.


Written Answer by Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong


1. A breakdown of the growth in Gross Domestic Product in terms of the contribution by resident full-time income earners in the various income percentile groups is not available.

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