Data on Individuals Adjudicated Bankrupt by Age Group and Repeat Bankruptcies in Past 10 Years

Mr Saktiandi Supaat asked the Minister for Law (a) for each of the past 10 years, what number and percentage of individuals adjudicated bankrupt were aged (i) 24 and below, (ii) 25 to 40, (iii) 40 to 54 and (iv) 55 and above; and (b) within each of those age bands, how many were not first-time bankrupts.

Mr Edwin Tong Chun Fai: For the period from 2016 to September 2025, the number of individuals adjudicated bankrupt aged (a) 24 and below; (b) 25 to 39; (c) 40 to 54; and (d) 55 and above are tabulated in the table below.