Quarterly household savings in Canada Q1 2020-Q3 2022

Published by
Fernando de Querol Cumbrera,
Feb 15, 2024
Total household net savings in Canada fluctuated considerably during the coronavirus (COVID-19) pandemic. As of the second quarter of 2020, the net savings of Canadian households peaked at a value of 410 billion Canadian dollars. In the last quarter of 2020, total household net savings in Canada amounted to 159 billion Canadian dollars approximately. Generally, the amount of savings reached unprecedented highs worldwide during 2020 due to the COVID-19 pandemic and the consequent measures introduced by governments to tackle the outbreak.

Quarterly household net savings during coronavirus (COVID-19) in Canada from 1st quarter 2020 to 3rd quarter 2022 (in million Canadian dollars)

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Release date

November 2022

Region

Canada

Survey time period

Q1 2020 to Q3 2022

Supplementary notes

Adapted from Statistics Canada, Canadian economic accounts key indicators – Seasonally adjusted , Q1 2020 to Q3 2022. This does not constitute an endorsement by Statistics Canada of this product.

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Statistics on " Savings during COVID-19 in selected advanced economies worldwide "

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Worldwide

5

United States

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Canada

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European Union

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United Kingdom

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Topics

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