SINGAPORE (Oct 22): Singapore’s total household wealth grew by 4% to US$1.4 trillion ($1.9 trillion) in the 12 months up to mid-2019, a new report has revealed.

In the 10th edition of the Global Wealth Report, the Credit Suisse Research Institute found that, overall, wealth per Singaporean adult has risen 5.3% per annum to over US$297,870 since 2000.

This is more than double the average growth rate in the Asia-Pacific region, and surpasses the 4.5% average growth rate of world wealth per adult.

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