₹27 Crore a Year: Singapore PM’s Salary, Far Ahead of Global Peers
What Happened
Singapore Prime Minister Lawrence Wong's annual remuneration will rise 64% from S$2.2 million to S$3.6 million (about ₹26.9 crore) under a revised political salary framework. The Singapore government says competitive salaries help attract capable leaders and reduce corruption risks. Wong has said he will donate the salary increase to charitable causes during his term. Global comparison Singapore PM Lawrence Wong: ~₹26.9 crore/year (US$2.85 million) US President Donald Trump: ~₹3.4 crore/year (US$400,000) Indian Prime Minister Narendra Modi: ~₹24.6 lakh/year (about ₹2.05 lakh/month)
Key Takeaways
Singapore continues to defend its high political salaries as a tool to attract top talent and maintain clean governance. The move further widens the gap between Singapore's leadership pay and that of most major economies, making Wong the world's highest-paid head of government.