Singapore's household wealth grew 3.4% to US$1.2 tril

SINGAPORE (Nov 14): According to the Credit Suisse Research Institute’s 2017 Global Wealth Report, Singapore’s household wealth increased by 3.4% to US$1.2 trillion ($1.6 trillion) and is expected to increase by 2.3% per annum over the next five years to reach US$1.3 trillion in 2022.

Personal wealth per adult grew strongly in Singapore up to 2012. Since then, it has risen slowly in domestic currency units, and declined a little in terms of US dollars.

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