Key Highlights
Household net worth grew by 6.8% on a year-on-year basis in 2Q 2026, compared to the 6.7% growth in 1Q 2026. Growth in assets increased from 6.9% in 1Q 2026 to 7.0% in 2Q 2026, largely supported by growth in financial assets. Liabilities grew by 8.3% in 2Q 2026, exhibiting strengthening growth for 11 consecutive quarters, largely driven by faster growth in mortgage loans and personal loans.
About the Household Sector Balance Sheet
The household sector balance sheet provides information on the assets and liabilities held by households in Singapore as at end of the period. Households’ assets show the amount of wealth (e.g., financial and residential property assets) owned, while households’ liabilities show the amount of debts (e.g., mortgage and personal loans) owed by households. Hence, household net worth refers to the difference between total assets and total liabilities and provides an indication of households’ financial health.