Table 3
Net worth, average value per household, by income quintile, 2019 to third quarter 2020, Canada
| 2019 | Quarter 1 2020 | Quarter 2 2020 | Quarter 3 2020 | Q1 2020/2019 | Q2 2020/Q1 2020 | Q3 2020/Q2 2020 | |
|---|---|---|---|---|---|---|---|
| dollars | dollars | dollars | dollars | % difference | % difference | % difference | |
| Total assets | 899,925 | 878,008 | 917,283 | 943,051 | -2.4 | 4.5 | 2.8 |
| Lowest income quintile | 279,185 | 274,950 | 285,744 | 294,225 | -1.5 | 3.9 | 3.0 |
| Second income quintile | 460,852 | 453,512 | 471,168 | 484,475 | -1.6 | 3.9 | 2.8 |
| Third income quintile | 708,455 | 697,541 | 723,839 | 744,093 | -1.5 | 3.8 | 2.8 |
| Fourth income quintile | 999,983 | 979,521 | 1,019,246 | 1,047,165 | -2.0 | 4.1 | 2.7 |
| Highest income quintile | 2,051,151 | 1,984,515 | 2,086,420 | 2,145,295 | -3.2 | 5.1 | 2.8 |
| Total liabilities | 152,288 | 153,139 | 153,980 | 156,839 | 0.6 | 0.5 | 1.9 |
| Lowest income quintile | 73,618 | 73,983 | 74,339 | 75,798 | 0.5 | 0.5 | 2.0 |
| Second income quintile | 111,606 | 112,264 | 113,024 | 115,128 | 0.6 | 0.7 | 1.9 |
| Third income quintile | 161,873 | 162,852 | 163,632 | 166,970 | 0.6 | 0.5 | 2.0 |
| Fourth income quintile | 178,081 | 179,057 | 179,817 | 183,468 | 0.5 | 0.4 | 2.0 |
| Highest income quintile | 236,262 | 237,541 | 239,090 | 242,832 | 0.5 | 0.7 | 1.6 |
| Net worth (wealth) | 747,637 | 724,869 | 763,303 | 786,211 | -3.0 | 5.3 | 3.0 |
| Lowest income quintile | 205,567 | 200,967 | 211,406 | 218,427 | -2.2 | 5.2 | 3.3 |
| Second income quintile | 349,245 | 341,248 | 358,144 | 369,347 | -2.3 | 5.0 | 3.1 |
| Third income quintile | 546,582 | 534,690 | 560,208 | 577,123 | -2.2 | 4.8 | 3.0 |
| Fourth income quintile | 821,902 | 800,464 | 839,429 | 863,697 | -2.6 | 4.9 | 2.9 |
| Highest income quintile | 1,814,888 | 1,746,974 | 1,847,330 | 1,902,463 | -3.7 | 5.7 | 3.0 |
| 2019 | Quarter 1 2020 | Quarter 2 2020 | Quarter 3 2020 | Q1 2020 - 2019 | Q2 2020 - Q1 2020 | Q3 2020 - Q2 2020 | |
|---|---|---|---|---|---|---|---|
| % | % | % | % | percentage point difference | percentage point difference | percentage point difference | |
| Debt-to-income ratio | 187.2 | 191.8 | 169.2 | 166.3 | 4.6 | -22.6 | -2.9 |
| Lowest income quintile | 289.5 | 301.8 | 227.0 | 226.0 | 12.3 | -74.8 | -1.0 |
| Second income quintile | 214.6 | 218.5 | 177.5 | 182.2 | 3.9 | -41.0 | 4.7 |
| Third income quintile | 227.5 | 230.7 | 198.1 | 197.7 | 3.2 | -32.6 | -0.4 |
| Fourth income quintile | 187.1 | 193.0 | 171.7 | 167.4 | 5.9 | -21.3 | -4.3 |
| Highest income quintile | 145.0 | 148.5 | 139.5 | 134.3 | 3.5 | -9.0 | -5.2 |
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.
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