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Home / News / Singapore Economy

Singapore's GDP plunged in 2020, household wealth increased instead, says Credit Suisse

Accesa

Singapore economy

Singapore's GDP plunged in 2020, household wealth increased instead, says Credit Suisse

The Edge Singapore Published on Tue, Jun 22, 2021 / 5:52 PM GMT+8 / Updated 9 days ago

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The sharp economic recessions caused by the pandemic last year did not hurt household wealth in countries including Singapore, contrary to common perceptions.

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