Table 4
Net worth, average value per household, by age group of major income earner, 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 |
| Less than 35 years | 366,496 | 363,992 | 375,901 | 388,610 | -0.7 | 3.3 | 3.4 |
| 35 to 44 years | 730,117 | 718,054 | 745,034 | 766,384 | -1.7 | 3.8 | 2.9 |
| 45 to 54 years | 1,068,726 | 1,046,518 | 1,091,302 | 1,121,608 | -2.1 | 4.3 | 2.8 |
| 55 to 64 years | 1,389,948 | 1,350,803 | 1,414,493 | 1,452,153 | -2.8 | 4.7 | 2.7 |
| 65 years and over | 946,742 | 916,845 | 963,189 | 990,089 | -3.2 | 5.1 | 2.8 |
| Total liabilities | 152,288 | 153,139 | 153,980 | 156,839 | 0.6 | 0.5 | 1.9 |
| Less than 35 years | 161,922 | 163,373 | 163,844 | 168,387 | 0.9 | 0.3 | 2.8 |
| 35 to 44 years | 229,783 | 230,778 | 231,612 | 235,927 | 0.4 | 0.4 | 1.9 |
| 45 to 54 years | 221,208 | 222,373 | 224,046 | 227,974 | 0.5 | 0.8 | 1.8 |
| 55 to 64 years | 161,808 | 162,712 | 163,986 | 166,286 | 0.6 | 0.8 | 1.4 |
| 65 years and over | 48,390 | 48,510 | 48,819 | 49,317 | 0.2 | 0.6 | 1.0 |
| Net worth (wealth) | 747,637 | 724,869 | 763,303 | 786,211 | -3.0 | 5.3 | 3.0 |
| Less than 35 years | 204,573 | 200,619 | 212,056 | 220,224 | -1.9 | 5.7 | 3.9 |
| 35 to 44 years | 500,334 | 487,276 | 513,422 | 530,457 | -2.6 | 5.4 | 3.3 |
| 45 to 54 years | 847,517 | 824,146 | 867,256 | 893,634 | -2.8 | 5.2 | 3.0 |
| 55 to 64 years | 1,228,140 | 1,188,090 | 1,250,507 | 1,285,867 | -3.3 | 5.3 | 2.8 |
| 65 years and over | 898,352 | 868,335 | 914,370 | 940,772 | -3.3 | 5.3 | 2.9 |
| 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 |
| Less than 35 years | 214.9 | 223.7 | 186.7 | 191.8 | 8.8 | -37.0 | 5.1 |
| 35 to 44 years | 245.4 | 252.4 | 225.1 | 220.2 | 7.0 | -27.3 | -4.9 |
| 45 to 54 years | 210.9 | 218.4 | 190.5 | 187.2 | 7.5 | -27.9 | -3.3 |
| 55 to 64 years | 185.2 | 191.1 | 169.1 | 161.6 | 5.9 | -22.0 | -7.5 |
| 65 years and over | 80.4 | 79.6 | 73.4 | 71.3 | -0.8 | -6.2 | -2.1 |
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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