Table 11: Sources and Disposition of Ontario Household Income, Annual Data

Table 11
Ontario Economic Accounts — Annual Data, 2017-2020
Sources and Disposition of Ontario Household Income
Millions of dollars
  2017 2018 2019 2020
1. Compensation of employees  (national basis) 418,898 446,014 465,902 458,447
Per cent change from previous year 3.9 6.5 4.5 −1.6
2. Plus: net mixed income 69,078 71,613 76,564 78,728
Per cent change from previous year 4.8 3.7 6.9 2.8
3. Non-farm 32,432 33,456 34,752 34,208
Per cent change from previous year 6.9 3.2 3.9 −1.6
4. Farm 1,284 1,092 1,058 1,000
Per cent change from previous year 5.7 −15.0 −3.1 −5.5
5. Rental income of households 35,362 37,065 40,755 43,520
Per cent change from previous year 3.0 4.8 10.0 6.8
6. Plus: Net property income 53,525 49,865 49,061 52,010
Per cent change from previous year 3.8 −6.8 −1.6 6.0
7. Equals: Primary household income 541,501 567,492 591,527 589,184
Per cent change from previous year 4.0 4.8 4.2 −0.4
8. Plus: Current transfers received 120,878 125,616 131,621 178,261
Per cent change from previous year 5.2 3.9 4.8 35.4
9. Deduct: Current transfers paid 204,536 214,377 224,460 220,979
Per cent change from previous year 3.5 4.8 4.7 −1.6
10. Equals: Household disposable income 457,843 478,731 498,688 546,466
Per cent change from previous year 4.6 4.6 4.2 9.6
11. Deduct: Household final consumption expenditure 474,576 496,697 514,066 483,303
Per cent change from previous year 5.2 4.7 3.5 −6.0
12. Plus: Change in pension entitlements 13,526 13,144 12,520 11,704
Per cent change from previous year 0.5 −2.8 −4.7 −6.5
13. Equals:¬† Household net saving −3,207 −4,822 −2,858 74,867
Per cent change from previous year
14. Household saving rate (percent) −0.7 −1.0 −0.6 13.4
15. Population (thousands) 14,070 14,309 14,545 14,734
Per cent change from previous year 1.4 1.7 1.6 1.3
16. Household disposable income per capita (dollars) 32,540 33,457 34,287 37,089
Per cent change from previous year 3.1 2.8 2.5 8.2

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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