Singapore’s household net worth has increased about three-fold from Q1 1995 to Q2 2012. The composition of households’ assets has progressively shifted towards the holding of financial assets. Our household net worth was less adversely affected during the recent financial crisis, compared to selected countries.
"Monthly Digest of Statistics, Sep 2012" released.
To address its demographic shifts, Singapore needs to continue to raise productivity through business restructuring and workforce retraining; encourage more residents to enter and stay in the workforce; and complement the resident workforce with a calibrated rate of immigration and foreign worker inflow.
The Household Expenditure Survey (HES) 2012/13 will be conducted from Oct 2012 - Sep 2013 to collect the latest consumption expenditure of households in Singapore.
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