Australia vs Turkey: Gross domestic savings
Gross domestic savings over time
- Australia
- Turkey
How they compare
Turkey currently reports 502.05 billion current US$ against 449.56 billion current US$ in Australia, a difference of 52.49 billion current US$.
That makes Turkey's figure about 1.1 times Australia's.
The two have swapped places 1 time across 66 shared years of data; in 1960 it was Australia ahead.
Australia ranks 16th and Turkey ranks 13th of 187 countries.
Australia has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Australia | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 7.86 billion current US$ | 4.65 billion current US$ | 3.21 billion current US$ | Australia |
| 1970s | 23.89 billion current US$ | 13.44 billion current US$ | 10.45 billion current US$ | Australia |
| 1980s | 51.02 billion current US$ | 22.12 billion current US$ | 28.89 billion current US$ | Australia |
| 1990s | 87.46 billion current US$ | 47.74 billion current US$ | 39.71 billion current US$ | Australia |
| 2000s | 166.46 billion current US$ | 115.76 billion current US$ | 50.70 billion current US$ | Australia |
| 2010s | 355.93 billion current US$ | 240.13 billion current US$ | 115.80 billion current US$ | Australia |
| 2020s | 442.22 billion current US$ | 357.79 billion current US$ | 84.43 billion current US$ | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, Australia or Turkey?
- Turkey, at 502.05 billion current US$ against 449.56 billion current US$ in Australia as of 2025.
- What is the difference in gross domestic savings between Australia and Turkey?
- 52.49 billion current US$, with Turkey ahead.
- How many years of comparable data are there for Australia and Turkey?
- 66 years are reported by both, from 1960 to 2025.
- How do Australia and Turkey rank globally for gross domestic savings?
- Australia ranks 16th and Turkey ranks 13th of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic savings (current US$). 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.