1 dataset found
  1. Average savings per household in Canada 2000-2023, by age group

    • ai-chatbox.pro
    • statista.com
    Updated Feb 29, 2024
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    Fernando de Querol Cumbrera (2024). Average savings per household in Canada 2000-2023, by age group [Dataset]. https://www.ai-chatbox.pro/?_=%2Ftopics%2F7670%2Fsavings-during-coronavirus-covid-19-outbreak%2F%23XgboD02vawLYpGJjSPEePEUG%2FVFd%2Bik%3D
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    Dataset updated
    Feb 29, 2024
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Fernando de Querol Cumbrera
    Area covered
    Canada
    Description

    Households where the major income earner was from 35 to 44 years old had the highest amount of net savings in 2023. That segment saved on average nearly 22,500 Canadian dollars that year alone. Households of individuals older than 64 had negative net savings amounting to 13,760 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.

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Share
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TwitterTwitter
Email
Click to copy link
Link copied
Close
Cite
Fernando de Querol Cumbrera (2024). Average savings per household in Canada 2000-2023, by age group [Dataset]. https://www.ai-chatbox.pro/?_=%2Ftopics%2F7670%2Fsavings-during-coronavirus-covid-19-outbreak%2F%23XgboD02vawLYpGJjSPEePEUG%2FVFd%2Bik%3D
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Average savings per household in Canada 2000-2023, by age group

Explore at:
Dataset updated
Feb 29, 2024
Dataset provided by
Statistahttp://statista.com/
Authors
Fernando de Querol Cumbrera
Area covered
Canada
Description

Households where the major income earner was from 35 to 44 years old had the highest amount of net savings in 2023. That segment saved on average nearly 22,500 Canadian dollars that year alone. Households of individuals older than 64 had negative net savings amounting to 13,760 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.

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