Overview
Measurement of Household income, savings and wealth.
The quarterly household sector balance sheet provides information on assets and liabilities held by Singapore’s household sector at a particular point in time (i.e., as at end-of-period).
Singapore’s household sector balance sheet is compiled in accordance with the principles and recommendations set out in the United Nations’ publication on “System of National Accounts, 2008” (SNA). These estimates are compiled largely from administrative and survey sources using aggregate data from firms and institutions at the economy-wide level.
Personal disposable income measures the income (e.g., compensation of employees, self-employment income) of the personal sector (i.e., households and non-profit institutions serving households), after accounting for net investment income received (e.g., interest and dividends), net current transfers received (e.g., CPF top-ups and donations) and personal income tax paid.
Related Information
The paper covers quarterly PDI and PS development, enhancing Singapore's macroeconomic statistics for better personal sector monitoring and analysis.
The paper covers DOS's quarterly household balance sheet since 2012, noting improvements in concepts, methods, and data sources plus key trends.