Income of individuals by age group, sex and income source, Canada, provinces and selected census metropolitan areas, annual.

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

The dataset for predicting income per capita for Canada is taken from the website: data.worldbank.org

I am just using the data to practice Linear regression for single variable as a beginner.

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Content

The data set contains 2 columns namely year and per capita income

Acknowledgements

The dataset for predicting income per capita for Canada is taken from the website: data.worldbank.org

Objective

Predict Canadas per capita income for the year 2020 using linear regression (beginner level)(just for practice)

This table contains 8840 series, with data for years 2012 - 2012 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (13 items: Canada; Atlantic provinces; Newfoundland and Labrador; Prince Edward Island; ...); Low income lines (4 items: Low income cut-offs after tax, 1992 base; Low income cut-offs before tax, 1992 base; Market basket measure, 2011 base; Low income measure after tax); Statistics (5 items: Number of persons in low income; Percentage of persons in low income; Average gap ratio (percent); Median gap ratio (percent); ...); Persons in low income (34 items: All persons; Persons under 18 years; Persons 18 to 64 years; Persons 65 years and over; ...).

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.

This statistic shows the median annual total income of an individual in Canada from 2000 to 2022, distinguished by gender. In 2022, the median annual income for women tax filers stood at 37,690 Canadian dollars.

This table presents income shares, thresholds, tax shares, and total counts of individual Canadian tax filers, with a focus on high income individuals (95% income threshold, 99% threshold, etc.). Income thresholds are based on national threshold values, regardless of selected geography; for example, the number of Nova Scotians in the top 1% will be calculated as the number of taxfiling Nova Scotians whose total income exceeded the 99% national income threshold. Different definitions of income are available in the table namely market, total, and after-tax income, both with and without capital gains.

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 annual family income of dual-earner families in Canada increased by 5,520 dollars (+4.99 percent) in 2022 in comparison to the previous year. With 116,110 dollars, the median annual income thereby reached its highest value in the observed period.

The statistic shows the median income in Canada in 2020, distinguished by province. In 2020, the median income for Canadian tax filers in Ontario amounted to 40,630 Canadian dollars.

In four decades, the average after-tax income of Canadians in the lowest decile rose from ***** to ****** Canadian dollars, an increase of around ** percent. The income of those in the highest decile rose by more than ** percent between 1980 and 2021, from ******* to ******* Canadian dollars. The gap in average income between the two deciles has therefore widened from approximately ******* dollars in 1980 to over ******* dollars in 2021.

Key information about Canada Monthly Earnings

• Canada Monthly Earnings stood at 3,624 USD in Dec 2024, compared with the previous figure of 3,680 USD in Nov 2024
• Canada Monthly Earnings data is updated monthly, available from Jan 1991 to Dec 2024, with an average number of 2,764 USD
• The data reached the an all-time high of 3,773 USD in Sep 2024 and a record low of 1,644 USD in Oct 1998

CEIC calculates Monthly Earnings from Average Weekly Earnings multiplied by 4 and converts it into USD. Statistics Canada provides Average Weekly Earnings in local currency based on NAICS 2022. Federal Reserve Board average market exchange rate is used for currency conversions. Monthly Earnings prior to January 2001 is based on NAICS 2017.


Further information about Canada Monthly Earnings

• In the latest reports, Canada Population reached 41 million people in Jun 2024
• Unemployment Rate of Canada dropped to 7 % in Jan 2025
• The country's Labour Force Participation Rate remained the same rate at 65 % in Jan 2025

Total income by census family type and living arrangement (number, average, median and percentage).

In 2022, the median annual family income of couple families in Canada increased by 3,830 dollars (+3.58 percent) since 2021. With 110,850 dollars, the median annual income thereby reached its highest value in the observed period.

Median after-tax income, economic family types.

This table contains 2808 series, with data for years 2012 - 2012 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (13 items: Canada; Atlantic provinces; Newfoundland and Labrador; Prince Edward Island; ...); Income concept (12 items: Average market income; Median market income; Average government transfers; Median government transfers; ...); Economic family type (18 items: All family units; Economic families, two persons or more; Elderly families; Elderly married couples; ...).

Distribution of total income in constant 2020 dollars by age and gender.

In 2022, Canadian women had an average employment income of 45,800 Canadian dollars per year, while that of men was 64,000, which was around 18,000 Canadian dollars more per year.

Graph and download economic data for Estimate of Median Household Income for Canadian County, OK (MHIOK40017A052NCEN) from 1989 to 2023 about Canadian County, OK; Oklahoma City; OK; households; median; income; and USA.

Average Weekly Earnings in Canada increased to 1297.44 CAD in April from 1287.74 CAD in March of 2025. This dataset includes a chart with historical data for Canada Average Weekly Earnings.