The median total income in Canada increased by 1,440 dollars (+3.46 percent) in 2022. With 43,090 dollars, the median total income thereby reached its highest value in the observed period.

Average and median market, total and after-tax income of individuals by visible minority group, Indigenous group and immigration status, Canada and provinces.

This statistic depicts the median annual family income in Canada in 2021, distinguished by province. In 2021, the median annual family income in Alberta was 106,960 Canadian dollars.

This statistic depicts the median annual family income in Canada from 2000 to 2020. In 2020, the median annual family income in Canada was 96,220 Canadian dollars.

The median total income of all families in Ontario increased by 2,370 dollars (+2.38 percent) since the previous year. Therefore, the median total income of all families in Ontario reached a peak in 2022 with 101,920 dollars. Find more key insights for the median total income of all families in countries and regions like number of families receiving employment insurance benefits (Canada), median employment insurance benefits received by persons not in census families (Canada), and median total income of all families (New Brunswick).

The median employment income of persons not in census families in Canada stood at 29,120 U.S. dollars in 2023. Between 2000 and 2023, the median employment income of persons not in census families rose by 13,360 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend.

Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Other Current Transfers: Current Taxes on Income, Wealth: Debit data was reported at 4.610 USD bn in 2024. This records an increase from the previous number of 4.093 USD bn for 2023. Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Other Current Transfers: Current Taxes on Income, Wealth: Debit data is updated yearly, averaging 654.369 USD mn from Dec 1981 (Median) to 2024, with 44 observations. The data reached an all-time high of 4.610 USD bn in 2024 and a record low of 200.288 USD mn in 1982. Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Other Current Transfers: Current Taxes on Income, Wealth: Debit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Canada – Table CA.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Other Current Transfers: MT: Debit data was reported at 4.869 USD bn in 2024. This records a decrease from the previous number of 6.960 USD bn for 2023. Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Other Current Transfers: MT: Debit data is updated yearly, averaging 830.065 USD mn from Dec 1981 (Median) to 2024, with 44 observations. The data reached an all-time high of 6.960 USD bn in 2023 and a record low of 199.678 USD mn in 1981. Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Other Current Transfers: MT: Debit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Canada – Table CA.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Other Current Transfers: Miscellaneous Current Transfers (MT) data was reported at -743.067 USD mn in 2024. This records an increase from the previous number of -3.094 USD bn for 2023. Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Other Current Transfers: Miscellaneous Current Transfers (MT) data is updated yearly, averaging 270.052 USD mn from Dec 1981 (Median) to 2024, with 44 observations. The data reached an all-time high of 1.401 USD bn in 2016 and a record low of -3.094 USD bn in 2023. Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Other Current Transfers: Miscellaneous Current Transfers (MT) data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Canada – Table CA.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Credit data was reported at 4.126 USD bn in 2024. This records an increase from the previous number of 3.866 USD bn for 2023. Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Credit data is updated yearly, averaging 1.170 USD bn from Dec 1961 (Median) to 2024, with 64 observations. The data reached an all-time high of 4.402 USD bn in 2016 and a record low of 69.799 USD mn in 1962. Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Credit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Canada – Table CA.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

Of the seven largest developed economies, in 2023, the United States had the highest average wage by a significant margin at over 77,000 U.S. dollars per year. Canada had the second highest annual average wages, followed by Germany. Meanwhile, Japan had the lowest average wages out of the seven largest developed economies.

Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Personal Transfers: Debit data was reported at 3.181 USD bn in 2024. This records an increase from the previous number of 3.072 USD bn for 2023. Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Personal Transfers: Debit data is updated yearly, averaging 1.100 USD bn from Dec 1981 (Median) to 2024, with 44 observations. The data reached an all-time high of 3.181 USD bn in 2024 and a record low of 211.704 USD mn in 1981. Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Personal Transfers: Debit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Canada – Table CA.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Personal Transfers data was reported at -3.181 USD bn in 2024. This records a decrease from the previous number of -3.072 USD bn for 2023. Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Personal Transfers data is updated yearly, averaging -1.100 USD bn from Dec 1981 (Median) to 2024, with 44 observations. The data reached an all-time high of -211.704 USD mn in 1981 and a record low of -3.181 USD bn in 2024. Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Personal Transfers data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Canada – Table CA.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Debit data was reported at 12.659 USD bn in 2024. This records a decrease from the previous number of 14.125 USD bn for 2023. Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Debit data is updated yearly, averaging 1.382 USD bn from Dec 1961 (Median) to 2024, with 64 observations. The data reached an all-time high of 14.125 USD bn in 2023 and a record low of 117.139 USD mn in 1962. Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Debit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Canada – Table CA.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Other Current Transfers: Debit data was reported at 9.479 USD bn in 2024. This records a decrease from the previous number of 11.052 USD bn for 2023. Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Other Current Transfers: Debit data is updated yearly, averaging 816.768 USD mn from Dec 1961 (Median) to 2024, with 64 observations. The data reached an all-time high of 11.052 USD bn in 2023 and a record low of 117.139 USD mn in 1962. Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Other Current Transfers: Debit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Canada – Table CA.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Other Current Transfers data was reported at -5.353 USD bn in 2024. This records an increase from the previous number of -7.186 USD bn for 2023. Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Other Current Transfers data is updated yearly, averaging -87.894 USD mn from Dec 1961 (Median) to 2024, with 64 observations. The data reached an all-time high of 729.559 USD mn in 1998 and a record low of -7.186 USD bn in 2023. Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Other Current Transfers data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Canada – Table CA.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

The average annual household expenditure on food in Canada amounted to ***** U.S. dollars in 2021. Between 2010 and 2021, the average rose by ***** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend.

Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs data was reported at -8.533 USD bn in 2024. This records an increase from the previous number of -10.259 USD bn for 2023. Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs data is updated yearly, averaging -242.927 USD mn from Dec 1961 (Median) to 2024, with 64 observations. The data reached an all-time high of 37.938 USD mn in 1998 and a record low of -10.259 USD bn in 2023. Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Canada – Table CA.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

Key information about Canada Household Debt

• Canada Household Debt reached 2,110.9 USD bn in Dec 2024, compared with the reported number of 2,161.8 USD bn in the previous month
• Canada Household Debt: USD mn data is updated monthly, available from Jan 1969 to Dec 2024
• The data reached an all-time high of 2,225.1 USD bn in Sep 2024 and a record low of 22.2 USD bn in Jan 1969

• In the latest reports, Canada Household Debt accounted for 99.2 % of the country's Nominal GDP in Sep 2024
• Money Supply M2 in Canada increased 1,873.3 USD bn YoY in Nov 2024
• Canada Foreign Exchange Reserves was measured at 90.2 USD bn in Jan 2025
• The Foreign Exchange Reserves equaled 2.0 Months of Import in Dec 2024
• Canada Domestic Credit reached 4,647.3 USD bn in Nov 2024, representing an increased of 3.9 % YoY