Disposable Income in Canada
The Canadian economy recorded an average disposable income growth rate of 4.3% in disposable income in the decade to 2022. In 2022, disposable income growth was 5.3%.
Canada Disposable Income Chart
Note: This chart displays Disposable Income (ann. var. %) for Canada from 2023 to 2017.
Source: Macrobond.
Canada Disposable Income Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Disposable Income (ann. var. %) | 4.5 | 8.4 | 3.1 | 5.4 | 5.3 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Canadian disposable income projections for the next ten years from a panel of 3 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable disposable income forecast available for Canadian disposable income.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Canadian disposable income projections.
Want to get access to the full dataset of Canadian disposable income forecasts? Send an email to info@focus-economics.com.