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Quarterly household saving rate in Canada Q1 2020-Q4 2020

Published by Statista Research Department, Mar 24, 2021
The saving rate of Canadian households fluctuated considerably during the coronavirus (COVID-19) pandemic in 2020. As of the second quarter of 2020, the saving rate of households in Canada peaked at 27.8 percent. In the last quarter of 2020, Canadian household saved 12.7 percent of their disposable income.

Quarterly household saving rate during coronavirus (COVID-19) outbreak in Canada from 1st to 4th quarter 2020

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Source

Release date

March 2021

Region

Canada

Survey time period

Q1 2020 to Q4 2020

Supplementary notes

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

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