Household Saving Rate in Canada increased to 8.10 percent in the first quarter of 2022 from 6.40 percent in the fourth quarter of 2021. source: Statistics Canada
Personal Savings in Canada averaged 7.81 percent from 1961 until 2022, reaching an all time high of 28.20 percent in the second quarter of 2020 and a record low of 0.40 percent in the second quarter of 1961. This page provides - Canada Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Household Saving Rate - values, historical data and charts - was last updated on July of 2022.
Personal Savings in Canada is expected to be 6.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Household Saving Rate is projected to trend around 4.00 percent in 2023, according to our econometric models.