Household Saving Rate in Canada decreased to 5 percent in the second quarter of 2025 from 6 percent in the first quarter of 2025. This dataset provides - Canada Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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 **** percent. By the second quarter of 2025, Canadian households saved on average *****percent of their disposable income.

Quarterly current and capital accounts for the household sector, including property income, disposable income, net saving and net lending, Canada.

View quarterly updates and historical trends for Canada Households Saving Rate. Source: Statistics Canada. Track economic data with YCharts analytics.

Households where the major income earner was from 35 to 44 years old had the highest amount of net savings in 2024. That segment saved on average nearly ****** Canadian dollars that year alone. Households of individuals older than 64 had negative net savings amounting to ****** Canadian dollars, which means that their expenses were higher than their revenue. These figures do not show the overall value of savings accumulated in bank accounts and other assets, but the amount of money that households managed to save in a single year.

The average value of net savings per household in Canada increased by *** dollars (+**** percent) since the previous year. In total, the average value amounted to ***** dollars in 2023. This increase was preceded by a declining average value.

Geography (14 items: Canada; Newfoundland and Labrador; Prince Edward Island; Nova Scotia; ...); Statistics (4 items: Value; Distribution of value; Value per household; Value per consumption unit); Characteristics (1 item: All households); Income, consumption and savings (23 items: Household disposable income; Compensation of employees; Net mixed income; Property income received; ...).

Household income, consumption and saving and their subcomponents, distributions, dollar values and dollar value per household, by household characteristics such as income quintile, age, housing tenure and composition, Canada, provinces and territories, 2020 quarter one to current quarter.

Canada CA: Household and NPISH: Net Saving Ratio data was reported at 4.356 % in Dec 2026. This records a decrease from the previous number of 4.691 % for Sep 2026. Canada CA: Household and NPISH: Net Saving Ratio data is updated quarterly, averaging 5.019 % from Mar 1981 (Median) to Dec 2026, with 184 observations. The data reached an all-time high of 25.926 % in Jun 2020 and a record low of -0.092 % in Sep 2018. Canada CA: Household and NPISH: Net Saving Ratio data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Canada – Table CA.OECD.EO: Household Sector Account: Forecast: OECD Member: Quarterly. SRATIO - Household and non-profit institutions serving households net saving ratio

The gross national savings rate in Canada was forecast to continuously decrease between 2024 and 2029 by in total *** percentage points. According to this forecast, in 2029, the savings rate will have decreased for the seventh consecutive year to ***** percent. The savings rate here refers to the gross domestic saving by the state, private households, and corporations and is shown as a percentage of total gross domestic product (GDP).The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the gross national savings rate in countries like Mexico and United States.

Annual current account statistics for the household sector, including saving rate and disposable income, by province and territory.

This table contains 18 series, with data for years 1961 - 2012 (not all combinations necessarily have data for all years), and was last released on 2012-10-01. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Seasonal adjustment (2 items: Unadjusted; Seasonally adjusted at annual rates ...), Estimates (9 items: Gross investment or saving; Less: capital consumption allowances; Equals: saving and capital consumption allowances; Less: statistical discrepancy adjustment ...).

Canada CA: Household and NPISH: Net Saving data was reported at 80.259 CAD bn in Dec 2026. This records a decrease from the previous number of 85.987 CAD bn for Sep 2026. Canada CA: Household and NPISH: Net Saving data is updated quarterly, averaging 41.214 CAD bn from Mar 1981 (Median) to Dec 2026, with 184 observations. The data reached an all-time high of 384.240 CAD bn in Jun 2020 and a record low of -1.168 CAD bn in Sep 2018. Canada CA: Household and NPISH: Net Saving data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Canada – Table CA.OECD.EO: Household Sector Account: Forecast: OECD Member: Quarterly. SAVH - Household and non-profit institutions serving households net saving

Actual value and historical data chart for Canada Gross Domestic Savings Percent Of GDP

The gross national savings rate in the United States was forecast to continuously increase between 2024 and 2029 by in total *** percentage points. After the ***** consecutive increasing year, the savings rate is estimated to reach ***** percent and therefore a new peak in 2029. The savings rate here refers to the gross domestic saving by the state, private households, and corporations and is shown as a percentage of total gross domestic product (GDP).The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the gross national savings rate in countries like Mexico and Canada.

Annual current account statistics for the household sector, including saving rate and disposable income, by province and territory.

Key information about Canada Private Consumption: % of GDP

• Canada Private Consumption accounted for 54.5 % of its Nominal GDP in Sep 2025, compared with a ratio of 58.2 % in the previous quarter.
• Canada Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1961 to Sep 2025, with an average share of 58.7 %.
• The data reached an all-time high of 65.6 % in Dec 1961 and a record low of 48.3 % in Sep 1974.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. Private Consumption Expenditure is calculated as the sum of Household and NPISHs Consumption. Statistics Canada provides Private Consumption Expenditure in local currency and Nominal GDP in local currency, based on CSNA 2012/SNA 2008.


Related information about Canada Private Consumption: % of GDP

• In the latest reports, Canada GDP expanded 1.4 % YoY in Sep 2025.
• Its Nominal GDP reached 590.9 USD bn in Sep 2025.
• Canada GDP Per Capita reached 54,733.5 USD in Jun 2025.
• Its Gross Savings Rate was measured at 25.0 % in Sep 2025.

This dataset provides values for PERSONAL SAVINGS reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.