Breakdown of Annual Financial Savings or Assets Owned by Singaporean Households and Individuals from 2013 to 2017

Mr Leon Perera asked the Minister for Trade and Industry (Trade) what is the level of financial savings or financial assets owned by Singaporean households and individuals in each of the past five years, broken down according to the (i) mean (ii) median (iii) 10th percentile and (iv) 90th percentile.

Mr Lim Hng Kiang: The aggregate level of financial assets owned by Singapore’s household sector 6 in each of the past five years is provided in Table 1. Data on the amount of financial assets owned by households and individuals in the different income percentiles is not available.

Note(s) to Question No(s) 13:

6 The household sector consists of all household institutional units that have engaged in economic activities in Singapore for at least a year. They include Singapore Citizens, Permanent Residents and foreigners. A further breakdown of the sector by the types of households such as Singapore Citizen households is not available.