Table 3
Net worth, average value per household, by income quintile, 2019 to fourth quarter 2020, Canada
| 2019 | Quarter 1 2020 | Quarter 2 2020 | Quarter 3 2020 | Quarter 4 2020 | Q1 2020/2019 | Q2 2020/Q1 2020 | Q3 2020/Q2 2020 | Q4 2020/Q3 2020 | Q4 2020/2019 | |
|---|---|---|---|---|---|---|---|---|---|---|
| dollars | dollars | dollars | dollars | dollars | % difference | % difference | % difference | % difference | % difference | |
| Total assets | 899,925 | 875,040 | 915,155 | 944,237 | 976,022 | -2.8 | 4.6 | 3.2 | 3.4 | 8.5 |
| Lowest income quintile | 279,185 | 274,316 | 285,209 | 294,464 | 304,426 | -1.7 | 4.0 | 3.2 | 3.4 | 9.0 |
| Second income quintile | 460,852 | 452,136 | 470,373 | 485,149 | 500,980 | -1.9 | 4.0 | 3.1 | 3.3 | 8.7 |
| Third income quintile | 708,455 | 695,215 | 722,688 | 745,283 | 769,194 | -1.9 | 4.0 | 3.1 | 3.2 | 8.6 |
| Fourth income quintile | 999,983 | 975,803 | 1,017,360 | 1,049,010 | 1,082,631 | -2.4 | 4.3 | 3.1 | 3.2 | 8.3 |
| Highest income quintile | 2,051,151 | 1,977,729 | 2,080,145 | 2,147,279 | 2,222,880 | -3.6 | 5.2 | 3.2 | 3.5 | 8.4 |
| Total liabilities | 152,288 | 152,946 | 153,569 | 156,334 | 158,644 | 0.4 | 0.4 | 1.8 | 1.5 | 4.2 |
| Lowest income quintile | 73,618 | 73,894 | 74,139 | 75,552 | 76,815 | 0.4 | 0.3 | 1.9 | 1.7 | 4.3 |
| Second income quintile | 111,606 | 112,116 | 112,724 | 114,758 | 116,651 | 0.5 | 0.5 | 1.8 | 1.6 | 4.5 |
| Third income quintile | 161,873 | 162,656 | 163,191 | 166,430 | 169,108 | 0.5 | 0.3 | 2.0 | 1.6 | 4.5 |
| Fourth income quintile | 178,081 | 178,836 | 179,336 | 182,877 | 185,530 | 0.4 | 0.3 | 2.0 | 1.5 | 4.2 |
| Highest income quintile | 236,262 | 237,230 | 238,455 | 242,053 | 245,118 | 0.4 | 0.5 | 1.5 | 1.3 | 3.7 |
| Net worth (wealth) | 747,637 | 722,094 | 761,586 | 787,903 | 817,378 | -3.4 | 5.5 | 3.5 | 3.7 | 9.3 |
| Lowest income quintile | 205,567 | 200,422 | 211,070 | 218,911 | 227,611 | -2.5 | 5.3 | 3.7 | 4.0 | 10.7 |
| Second income quintile | 349,245 | 340,020 | 357,648 | 370,390 | 384,330 | -2.6 | 5.2 | 3.6 | 3.8 | 10.0 |
| Third income quintile | 546,582 | 532,559 | 559,497 | 578,853 | 600,085 | -2.6 | 5.1 | 3.5 | 3.7 | 9.8 |
| Fourth income quintile | 821,902 | 796,967 | 838,024 | 866,133 | 897,101 | -3.0 | 5.2 | 3.4 | 3.6 | 9.1 |
| Highest income quintile | 1,814,888 | 1,740,499 | 1,841,690 | 1,905,226 | 1,977,763 | -4.1 | 5.8 | 3.4 | 3.8 | 9.0 |
| 2019 | Quarter 1 2020 | Quarter 2 2020 | Quarter 3 2020 | Quarter 4 2020 | Q1 2020 - 2019 | Q2 2020 - Q1 2020 | Q3 2020 - Q2 2020 | Q4 2020 - Q3 2020 | Q4 2020 - 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|
| % | % | % | % | % | percentage point difference | percentage point difference | percentage point difference | percentage point difference | percentage point difference | |
| Debt-to-income ratio | 187.2 | 191.0 | 167.9 | 166.2 | 172.1 | 3.8 | -23.1 | -1.7 | 5.9 | -15.1 |
| Lowest income quintile | 289.5 | 300.0 | 228.3 | 229.2 | 259.5 | 10.5 | -71.7 | 0.9 | 30.3 | -30.0 |
| Second income quintile | 214.6 | 216.6 | 176.5 | 182.1 | 192.0 | 2.0 | -40.1 | 5.6 | 9.9 | -22.6 |
| Third income quintile | 227.5 | 228.5 | 195.9 | 196.7 | 205.2 | 1.0 | -32.6 | 0.8 | 8.5 | -22.3 |
| Fourth income quintile | 187.1 | 191.3 | 169.4 | 166.6 | 170.6 | 4.2 | -21.9 | -2.8 | 4.0 | -16.5 |
| Highest income quintile | 145.0 | 149.0 | 138.7 | 134.6 | 136.6 | 4.0 | -10.3 | -4.1 | 2.0 | -8.4 |
Note(s):
- The household groupings are fixed to the 2019 distributions of household economic accounts.
- All dollar values are expressed in nominal, unadjusted rates.
Source(s):
Statistics Canada, National Economic Accounts Division, distributions of household economic accounts, sub-annual experimental estimates.
- Date modified: