According to preliminary data, per capita disposable income in current dollars grew 4.9% in Québec in 2024.
Disposable income is an internationally recognized concept from the System of macroeconomic accounts. Disposable income is defined as the sum of all incomes received by the residents of a given territory, minus current transfers paid by them to other institutional sectors, including governments (income tax and contributions to social insurance plans) and financial corporations (contributions to defined-benefit pension plans).
Therefore, disposable income is the amount available to individuals for final consumption of goods and services and for voluntary savings.