Taiwan records 8.04% rise in average household net worth

Focus Taiwan
Date: 2015/08/31
By: Chen Cheng-wei and Y.F. Low

Taipei, Aug. 31 (CNA) The average net worth per household in Taiwan was NT$12.17 million (US$374,842) at the end of 2013, an annual increase of 8.04 percent, according to the latest government data released Monday.

The 2013 figure, which increased NT$910,000 from the previous year, included life insurance and pension fund reserves, fixed and demand deposits, foreign assets, securities, and real estate, the Directorate General of Budget, Accounting and Statistics (DGBAS) said.

The growth rate, the highest since the DBBAS began recording such data, was driven mainly by rising land values and an increased number of securities, the DGBAS said.     [FULL  STORY]

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