Household Saving Rate in Canada decreased to 0.80 percent in the third quarter of 2018 from 3.40 percent in the second quarter of 2018. Personal Savings in Canada averaged 7.29 percent from 1981 until 2018, reaching an all time high of 19.90 percent in the first quarter of 1982 and a record low of 0.80 percent in the third quarter of 2018.

Personal Savings in Canada is expected to be 2.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Savings in Canada to stand at 1.72 in 12 months time. In the long-term, the Canada Household Saving Rate is projected to trend around 5.00 percent in 2020, according to our econometric models.

Canada Household Saving Rate
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Canada Consumer Last Previous Highest Lowest Unit
Consumer Confidence 57.05 55.25 57.05 46.80 Index Points [+]
Retail Sales MoM 0.20 0.00 3.70 -4.50 percent [+]
Retail Sales YoY 3.80 3.70 10.50 -6.50 percent [+]
Retail Sales Ex Autos 0.10 -0.40 3.30 -3.20 percent [+]
Consumer Spending 1161382.00 1083677.00 1161382.00 172861.00 CAD Million [+]
Disposable Personal Income 1230932.00 1248172.00 1248172.00 26768.00 CAD Million [+]
Personal Savings 0.80 3.40 19.90 0.80 percent [+]
Consumer Credit 624427.00 622367.00 624427.00 11066.00 CAD Million [+]
Private Sector Credit 4296739.00 4294167.00 4299899.00 74836.00 CAD Million [+]
Bank Lending Rate 3.95 3.70 22.75 2.25 percent [+]
Households Debt To GDP 99.40 100.00 100.70 32.10 percent of GDP [+]
Households Debt To Income 171.31 170.20 173.34 85.94 percent [+]
Gasoline Prices 0.85 0.94 1.32 0.41 USD/Liter [+]


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. This page provides - Canada Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Household Saving Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.80 3.40 19.90 0.80 1981 - 2018 percent Quarterly
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Country Last Previous
Australia 2.40 Sep/18
Canada 0.80 Sep/18
China 0.35 Dec/18
Euro Area 12.08 Jun/18
France 14.32 Jun/18
Germany 10.70 Sep/18
India 26099.21 Dec/16
Italy 8.60 Jun/18
Japan 22.50 Oct/18
Mexico 21.50 Dec/17
Netherlands 24.60 Jun/18
South Africa 0.40 Jun/18
South Korea 8.80 Dec/17
Spain 12.45 Jun/18
Switzerland 13.50 Dec/17
United Kingdom 4.40 Jun/18
United States 6.20 Oct/18


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