Australia vs East Asia & Pacific (IDA & IBRD countries): Gross domestic savings
Gross domestic savings over time
- Australia
- East Asia & Pacific (IDA & IBRD countries)
How they compare
East Asia & Pacific (IDA & IBRD countries) currently reports 9.14 trillion current US$ against 449.56 billion current US$ in Australia, a difference of 8.69 trillion current US$.
That makes East Asia & Pacific (IDA & IBRD countries)'s figure about 20.3 times Australia's.
Across all 65 years both countries report, East Asia & Pacific (IDA & IBRD countries) has been ahead every year.
Australia ranks 16th and East Asia & Pacific (IDA & IBRD countries) ranks 13th of 188 countries.
East Asia & Pacific (IDA & IBRD countries) has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Australia | East Asia & Pacific (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 7.86 billion current US$ | 21.05 billion current US$ | 13.19 billion current US$ | East Asia & Pacific (IDA & IBRD countries) |
| 1970s | 23.89 billion current US$ | 69.53 billion current US$ | 45.64 billion current US$ | East Asia & Pacific (IDA & IBRD countries) |
| 1980s | 51.02 billion current US$ | 157.75 billion current US$ | 106.73 billion current US$ | East Asia & Pacific (IDA & IBRD countries) |
| 1990s | 87.46 billion current US$ | 414.50 billion current US$ | 327.04 billion current US$ | East Asia & Pacific (IDA & IBRD countries) |
| 2000s | 166.46 billion current US$ | 1.47 trillion current US$ | 1.31 trillion current US$ | East Asia & Pacific (IDA & IBRD countries) |
| 2010s | 355.93 billion current US$ | 5.66 trillion current US$ | 5.30 trillion current US$ | East Asia & Pacific (IDA & IBRD countries) |
| 2020s | 440.75 billion current US$ | 8.78 trillion current US$ | 8.34 trillion current US$ | East Asia & Pacific (IDA & IBRD countries) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, Australia or East Asia & Pacific (IDA & IBRD countries)?
- East Asia & Pacific (IDA & IBRD countries), at 9.14 trillion current US$ against 449.56 billion current US$ in Australia as of 2024.
- What is the difference in gross domestic savings between Australia and East Asia & Pacific (IDA & IBRD countries)?
- 8.69 trillion current US$, with East Asia & Pacific (IDA & IBRD countries) ahead.
- How many years of comparable data are there for Australia and East Asia & Pacific (IDA & IBRD countries)?
- 65 years are reported by both, from 1960 to 2024.
- How do Australia and East Asia & Pacific (IDA & IBRD countries) rank globally for gross domestic savings?
- Australia ranks 16th and East Asia & Pacific (IDA & IBRD countries) ranks 13th of 188 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic savings (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.