SG drops to fourth place in finances in retirement sub-index

The city-state has been at top of the ranking since 2019.

Singapore edged down to fourth in 2023 Natixis’ finances in the retirement sub-index, which is based on old-age dependency, bank nonperforming loans, inflation, tax pressure, and others.

“Singapore’s decline follows decreases in several indicators including old-age dependency, bank nonperforming loans, inflation, interest rates, and government,” read the report.

South Korea rose to second place due to strong performances in the bank nonperforming loans (1st) and inflation (5th) indicators. Australia also moved up to third place, and China improved to 21st place.

In the health sub-index, the market improved its ranking to 19th place, garnering a score of 82%. It was also second in life expectancy, after Japan.

In the Global retirement index, Norway remains first place for the second consecutive year, boasting an overall score of 83%.

“Switzerland remains in second place with a score of 82%, Iceland in third again with 81%, and Ireland also retains the same ranking in fourth with an overall score of 80%,” read the statement.

Amongst Asia Pacific (APAC) countries, Australia and New Zealand are still leading, ranking 7th and 8th- respectively. South Korea (21st) is the next highest-ranked APAC country, followed by Japan (24th) and Singapore, which improved by one place to 26th, while China placed 38th.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia