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

Table 11
Ontario Economic Accounts — Annual Data, 2015-2018
Sources and Disposition of Ontario Household Income
Millions of dollars
  2015 2016 2017 2018
1. Compensation of employees  (national basis) 396,823 403,026 422,160 443,560
Per cent change from previous year 4.3 1.6 4.7 5.1
2. Plus: net mixed income 62,259 64,957 68,382 70,728
Per cent change from previous year 2.1 4.3 5.3 3.4
3. Non-farm 27,965 29,668 31,681 32,441
Per cent change from previous year 0.7 6.1 6.8 2.4
4. Farm 930 816 1,024 918
Per cent change from previous year 8.0 −12.3 25.5 −10.4
5. Rental income of households 33,364 34,473 35,677 37,369
Per cent change from previous year 3.2 3.3 3.5 4.7
6. Plus: Net property income 52,495 51,431 53,520 53,930
Per cent change from previous year 9.6 −2.0 4.1 0.8
7. Equals: Primary household income 511,577 519,413 544,062 568,219
Per cent change from previous year 4.5 1.5 4.7 4.4
8. Plus: Current transfers received 108,923 114,931 119,866 125,845
Per cent change from previous year 8.2 5.5 4.3 5.0
9. Deduct: Current transfers paid 191,634 195,444 204,560 212,111
Per cent change from previous year 5.8 2.0 4.7 3.7
10. Equals: Household disposable income 428,866 438,900 459,368 481,952
Per cent change from previous year 4.9 2.3 4.7 4.9
11. Deduct: Household final consumption expenditure 433,616 450,804 473,689 495,836
Per cent change from previous year 4.2 4.0 5.1 4.7
12. Plus: Change in pension entitlements 13,904 13,410 14,636 15,038
Per cent change from previous year −13.5 −3.6 9.1 2.7
13. Equals:  Household net saving 9,154 1,506 315 1,155
Per cent change from previous year 3.2 −83.5 −79.1 266.6
14. Household saving rate (percent) 2.1 0.3 0.1 0.2
15. Population (thousands) 13,707 13,875 14,071 14,323
Per cent change from previous year 0.7 1.2 1.4 1.8
16. Household disposable income per capita (dollars) 31,288 31,632 32,645 33,649
Per cent change from previous year 4.2 1.1 3.2 3.1

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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