Quarterly household saving rate in Canada 2019-2022

Published by Statista Research Department, Feb 20, 2023
The saving rate of Canadian households increased considerably during the start of the COVID-19 pandemic in 2020. As of the second quarter of 2020, the saving rate of households in Canada peaked at 26.5 percent. By the second quarter of quarter of 2022, Canadian households saved on average 6.2 percent of their disposable income.

Quarterly household saving rate in Canada from 1st quarter 2019 to 3rd quarter 2022

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Source

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Release date

November 2022

Region

Canada

Survey time period

1st quarter 2019 to 3rd quarter 2022

Special properties

Seasonally adjusted at annual rates.

Supplementary notes

The saving rate is calculated as the ratio of savings to disposable personal income.

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United States

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European Union

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