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Mr Leon Perera: To ask the Minister of 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 5 years, broken down according to the (i) mean (ii) median (iii) 10th percentile and (iv) 90th percentile.
Written reply:
Table 1. Financial assets of household sector in Singapore (in billion dollars)
End of Period
|
Dec 2013
|
Dec 2014
|
Dec 2015
|
Dec 2016
|
Sep 2017
(latest data available)
|
Financial
Assets
|
887.3
|
943.9
|
988.0
|
1,060.0
|
1,126.1
|
(i) Currency and deposits
|
322.6
|
342.3
|
365.8
|
395.6
|
408.6
|
(ii) Shares and securities
|
173.3
|
175.3
|
165.2
|
165.5
|
178.2
|
(iii) Life insurance
|
124.3
|
136.7
|
141.8
|
153.8
|
169.9
|
(iv) CPF
|
253.0
|
275.4
|
299.5
|
328.9
|
353.1
|
(v) Pension funds
|
14.1
|
14.3
|
15.7
|
16.2
|
16.3
|