As of January 2023, respondents classified as financially constrained had average liquid assets of approximately 141,504 Singaporean dollars. In contrast, those in the financially free group possessed about five times more, with liquid assets of around 758,550 Singaporean dollars.
Average value of liquid assets among consumer groups in Singapore as of January 2023
(in 1,000 Singapore dollars)
Characteristic
Average value in thousand Singaporean dollars
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Singapore Life Limited. (September 4, 2023). Average value of liquid assets among consumer groups in Singapore as of January 2023 (in 1,000 Singapore dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1483676/singapore-average-value-of-liquid-assets-among-consumer-groups/
Singapore Life Limited. "Average value of liquid assets among consumer groups in Singapore as of January 2023 (in 1,000 Singapore dollars)." Chart. September 4, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1483676/singapore-average-value-of-liquid-assets-among-consumer-groups/
Singapore Life Limited. (2023). Average value of liquid assets among consumer groups in Singapore as of January 2023 (in 1,000 Singapore dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1483676/singapore-average-value-of-liquid-assets-among-consumer-groups/
Singapore Life Limited. "Average Value of Liquid Assets among Consumer Groups in Singapore as of January 2023 (in 1,000 Singapore Dollars)." Statista, Statista Inc., 4 Sep 2023, https://www.statista.com/statistics/1483676/singapore-average-value-of-liquid-assets-among-consumer-groups/
Singapore Life Limited, Average value of liquid assets among consumer groups in Singapore as of January 2023 (in 1,000 Singapore dollars) Statista, https://www.statista.com/statistics/1483676/singapore-average-value-of-liquid-assets-among-consumer-groups/ (last visited August 24, 2024)
Average value of liquid assets among consumer groups in Singapore as of January 2023 (in 1,000 Singapore dollars) [Graph], Singapore Life Limited, September 4, 2023. [Online]. Available: https://www.statista.com/statistics/1483676/singapore-average-value-of-liquid-assets-among-consumer-groups/