Household Saving Rate in Canada increased to 6 percent in the fourth quarter of 2022 from 5.70 percent in the third quarter of 2022. source: Statistics Canada

Personal Savings in Canada averaged 7.73 percent from 1961 until 2022, reaching an all time high of 26.50 percent in the second quarter of 2020 and a record low of -0.10 percent in the third quarter of 2018. This page provides - Canada Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Household Saving Rate - values, historical data and charts - was last updated on March of 2023.

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Canada Household Saving Rate

Related Last Previous Unit Reference
Retail Sales MoM 0.50 0.00 percent Dec 2022
Retail Sales Ex Autos -0.60 -0.50 percent Dec 2022
Retail Sales YoY 7.30 5.20 percent Dec 2022
Consumer Spending 1233374.00 1227135.00 CAD Million Dec 2022
Disposable Personal Income 1561752.00 1526100.00 CAD Million Dec 2022
Personal Savings 6.00 5.70 percent Dec 2022
Consumer Credit 727124.00 729928.00 CAD Million Dec 2022
Private Sector Credit 4638279.00 4618799.00 CAD Million Sep 2020
Households Debt to Income 180.70 183.10 percent Feb 2023
Households Debt to GDP 102.64 103.70 percent of GDP Dec 2022

Canada Household Saving Rate
In Canada, personal saving is personal disposable income less personal expenditure on consumer goods and services, less current transfers from persons to corporations and to non-residents as a percent of disposable income.
Actual Previous Highest Lowest Dates Unit Frequency
6.00 5.70 26.50 -0.10 1961 - 2022 percent Quarterly