Table 11
Average absolute contribution of sources of per capita household net worth relative to disposable income, Canada and the United States, selected periods, 1971 to 2012
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| 1971 to 2012 | 1971 to 1990 | 1991 to 2012 | 1991 to 2012 excluding 2008 | |
|---|---|---|---|---|
| ratio | ||||
| Canada | ||||
| Non-financial assets relative to disposable income | 1.35 | 1.44 | 1.28 | 1.29 |
| Financial assets relative to disposable income | 2.55 | 1.59 | 3.42 | 3.11 |
| Liabilities relative to disposable income | 0.68 | 0.76 | 0.61 | 0.60 |
| United States | ||||
| Non-financial assets relative to disposable income | 1.94 | 1.44 | 2.40 | 2.04 |
| Financial assets relative to disposable income | 3.32 | 2.32 | 4.24 | 3.85 |
| Liabilities relative to disposable income | 0.67 | 0.50 | 0.82 | 0.82 |
| Note: Authors' calculations. Sources: Statistics Canada, Canadian National Balance Sheet Accounts; U.S. Federal Reserve, Flow of Funds Accounts; and Bureau of Economic Analysis, National Income and Products Accounts. |
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