Australia vs Saudi Arabia: Gross savings
Gross savings over time
- Australia
- Saudi Arabia
How they compare
Australia currently reports 398.47 billion current US$ against 369.00 billion current US$ in Saudi Arabia, a difference of 29.47 billion current US$.
That makes Australia's figure about 1.1 times Saudi Arabia's.
The two have swapped places 6 times across 37 shared years of data; in 1989 it was Australia ahead.
Australia ranks 15th and Saudi Arabia ranks 17th of 177 countries.
Australia has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Australia | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 77.05 billion current US$ | 13.10 billion current US$ | 63.95 billion current US$ | Australia |
| 1990s | 75.96 billion current US$ | 28.26 billion current US$ | 47.69 billion current US$ | Australia |
| 2000s | 142.88 billion current US$ | 131.62 billion current US$ | 11.26 billion current US$ | Australia |
| 2010s | 312.91 billion current US$ | 268.74 billion current US$ | 44.17 billion current US$ | Australia |
| 2020s | 389.86 billion current US$ | 345.10 billion current US$ | 44.76 billion current US$ | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Australia or Saudi Arabia?
- Australia, at 398.47 billion current US$ against 369.00 billion current US$ in Saudi Arabia as of 2025.
- What is the difference in gross savings between Australia and Saudi Arabia?
- 29.47 billion current US$, with Australia ahead.
- How many years of comparable data are there for Australia and Saudi Arabia?
- 37 years are reported by both, from 1989 to 2025.
- How do Australia and Saudi Arabia rank globally for gross savings?
- Australia ranks 15th and Saudi Arabia ranks 17th of 177 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.