TABLE 11: SOURCES AND DISPOSITION OF ONTARIO HOUSEHOLD INCOME

TABLE 11
OEA Tables - Annual Data
SOURCES AND DISPOSITION OF ONTARIO HOUSEHOLD INCOME
Millions of dollars
  2013 2014 2015 2016
1. Compensation of employees  (national basis) 367,928 380,876 396,857 412,549
Per cent change from previous year 3.2 3.5 4.2 4.0
2. Plus: net mixed income 59,253 60,564 62,048 64,687
Per cent change from previous year 1.7 2.2 2.5 4.3
3. Non-farm 26,892 27,148 27,689 29,031
Per cent change from previous year -0.5 1.0 2.0 4.8
4. Farm 734 859 873 908
Per cent change from previous year -22.0 17.0 1.6 4.0
5. Rental income of households 31,627 32,557 33,486 34,749
Per cent change from previous year 4.4 2.9 2.9 3.8
6. Plus: Net property income 45,740 48,583 52,876 53,879
Per cent change from previous year 3.3 6.2 8.8 1.9
7. Equals: Primary household income 472,921 490,023 511,781 531,116
Per cent change from previous year 3.0 3.6 4.4 3.8
8. Plus: Current transfers received 98,425 101,411 107,697 114,366
Per cent change from previous year 5.7 3.0 6.2 6.2
9. Deduct: Current transfers paid 173,992 183,303 192,046 196,847
Per cent change from previous year 2.1 5.4 4.8 2.5
10. Equals: Household disposable income 397,354 408,131 427,432 448,635
Per cent change from previous year 4.1 2.7 4.7 5.0
11. Deduct: Household final consumption expenditure 396,734 416,389 432,658 451,530
Per cent change from previous year 3.6 5.0 3.9 4.4
12. Plus: Change in pension entitlements 16,021 17,328 18,169 18,236
Per cent change from previous year -5.6 8.2 4.9 0.4
13. Equals:  Household net saving 16,641 9,070 12,943 15,322
Per cent change from previous year 4.5 -45.5 42.7 18.4
14. Household saving rate (percent) 4.2 2.2 3.0 3.4
15. Population (thousands) 13,556 13,685 13,797 13,983
Per cent change from previous year 1.1 1.0 0.8 1.3
16. Household disposable income per capita (dollars) 29,312 29,823 30,980 32,084
Per cent change from previous year 3.0 1.7 3.9 3.6

Notes: Per cent change from previous year is given on the second line.

Sources: Office of Economic Policy, Ontario Ministry of Finance and Statistic Canada.

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