Adjusted savings: gross savings (current US$) in Australia
Australia: Adjusted savings: gross savings was 400.20 billion current US$ in 2021. ◆ Volatile
Latest (2021)
400.20 billion current US$
Change on year
up 27.4%
World rank
12th
of 178 countries
All-time high
400.20 billion current US$
in 2021
All-time low
59.70 billion current US$
in 1992
Years of data
33
1989–2021
Adjusted savings: gross savings in Australia, 1989–2021
Source: World Bank national accounts data files. Measured in current US$.
Analysis
The most recent figure for adjusted savings: gross savings in Australia is 400.20 billion current US$, measured in 2021. That is the highest value across all 33 years on record.
The figure is up 27.4% on the previous year and up 22.7% over ten years.
Over the whole period, adjusted savings: gross savings in Australia peaked at 400.20 billion current US$ in 2021 and was at its lowest, 59.70 billion current US$, in 1992.
Australia ranks 12th of 178 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: gross savings in Australia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1989 | 77.05 billion current US$ | — |
| 1990 | 76.13 billion current US$ | -1.2% |
| 1991 | 67.92 billion current US$ | -10.8% |
| 1992 | 59.70 billion current US$ | -12.1% |
| 1993 | 63.46 billion current US$ | +6.3% |
| 1994 | 70.62 billion current US$ | +11.3% |
| 1995 | 75.98 billion current US$ | +7.6% |
| 1996 | 83.88 billion current US$ | +10.4% |
| 1997 | 95.03 billion current US$ | +13.3% |
| 1998 | 86.44 billion current US$ | -9.0% |
| 1999 | 80.39 billion current US$ | -7.0% |
| 2000 | 88.21 billion current US$ | +9.7% |
| 2001 | 78.76 billion current US$ | -10.7% |
| 2002 | 86.20 billion current US$ | +9.4% |
| 2003 | 98.61 billion current US$ | +14.4% |
| 2004 | 132.28 billion current US$ | +34.1% |
| 2005 | 145.96 billion current US$ | +10.3% |
| 2006 | 162.44 billion current US$ | +11.3% |
| 2007 | 182.88 billion current US$ | +12.6% |
| 2008 | 231.67 billion current US$ | +26.7% |
| 2009 | 223.38 billion current US$ | -3.6% |
| 2010 | 250.96 billion current US$ | +12.3% |
| 2011 | 326.22 billion current US$ | +30.0% |
| 2012 | 376.99 billion current US$ | +15.6% |
| 2013 | 377.95 billion current US$ | +0.3% |
| 2014 | 347.34 billion current US$ | -8.1% |
| 2015 | 306.60 billion current US$ | -11.7% |
| 2016 | 250.01 billion current US$ | -18.5% |
| 2017 | 289.32 billion current US$ | +15.7% |
| 2018 | 310.55 billion current US$ | +7.3% |
| 2019 | 311.65 billion current US$ | +0.4% |
| 2020 | 314.19 billion current US$ | +0.8% |
| 2021 | 400.20 billion current US$ | +27.4% |
Australia compared with similar countries
- Australia's 400.20 billion current US$ is above the median for high income countries, which is 47.18 billion current US$, 8.5× the median. (62 countries reporting)
- Australia's 400.20 billion current US$ is above the median for East Asia & Pacific, which is 9.68 billion current US$, 41.3× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 77.05 billion current US$ | 77.05 billion current US$ | 77.05 billion current US$ | 1 |
| 1990s | 75.95 billion current US$ | 59.70 billion current US$ | 95.03 billion current US$ | 10 |
| 2000s | 143.04 billion current US$ | 78.76 billion current US$ | 231.67 billion current US$ | 10 |
| 2010s | 314.76 billion current US$ | 250.01 billion current US$ | 377.95 billion current US$ | 10 |
| 2020s | 357.20 billion current US$ | 314.19 billion current US$ | 400.20 billion current US$ | 2 |
Countries ranked near Australia
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 15.83 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0083 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 537.43 units per person (2025)
- SDRs holdings, SDR, annual growth rate 10.3 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.006 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 392.43 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.82 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0037 units per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Australia?
- Adjusted savings: gross savings in Australia was 400.20 billion current US$ in 2021, according to World Bank national accounts data files.
- What is the highest adjusted savings: gross savings recorded in Australia?
- The highest recorded value was 400.20 billion current US$ in 2021.
- What is the lowest adjusted savings: gross savings recorded in Australia?
- The lowest recorded value was 59.70 billion current US$ in 1992.
- How does Australia rank for adjusted savings: gross savings?
- Australia ranks 12th out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Australia?
- Over the last ten years it is up 22.7%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from World Bank national accounts data files, published as part of Adjusted savings: gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.