Adjusted savings: gross savings in Australia
Australia: Adjusted savings: gross savings was 26.1% in 2021. ▲ Rising
Adjusted savings: gross savings in Australia, 1989–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: gross savings in Australia is 26.1%, measured in 2021.
The figure is up 7.6% on the previous year and up 7.2% over ten years.
Over the whole period, adjusted savings: gross savings in Australia peaked at 26.4% in 1989 and was at its lowest, 19.1%, in 1992.
Australia ranks 72nd of 178 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Adjusted savings: gross savings in Australia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1989 | 26.4% | — |
| 1990 | 25.3% | -4.1% |
| 1991 | 21.7% | -14.3% |
| 1992 | 19.1% | -12.1% |
| 1993 | 20.9% | +9.5% |
| 1994 | 22.4% | +7.1% |
| 1995 | 21.4% | -4.4% |
| 1996 | 21.7% | +1.4% |
| 1997 | 22.6% | +4.2% |
| 1998 | 22.3% | -1.1% |
| 1999 | 21.3% | -4.6% |
| 2000 | 21.8% | +2.5% |
| 2001 | 21.4% | -2.2% |
| 2002 | 22.4% | +4.9% |
| 2003 | 21.7% | -3.1% |
| 2004 | 22.2% | +2.1% |
| 2005 | 21.8% | -1.6% |
| 2006 | 22.6% | +3.7% |
| 2007 | 22.4% | -0.9% |
| 2008 | 22.9% | +2.1% |
| 2009 | 24.9% | +9.0% |
| 2010 | 22.7% | -8.8% |
| 2011 | 24.3% | +6.9% |
| 2012 | 25.1% | +3.4% |
| 2013 | 24.6% | -2.2% |
| 2014 | 24.3% | -1.2% |
| 2015 | 23.2% | -4.7% |
| 2016 | 21.2% | -8.4% |
| 2017 | 22.4% | +5.6% |
| 2018 | 22.4% | +0.1% |
| 2019 | 23.2% | +3.2% |
| 2020 | 24.2% | +4.6% |
| 2021 | 26.1% | +7.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 26.4% | 26.4% | 26.4% | 1 |
| 1990s | 21.9% | 19.1% | 25.3% | 10 |
| 2000s | 22.4% | 21.4% | 24.9% | 10 |
| 2010s | 23.3% | 21.2% | 25.1% | 10 |
| 2020s | 25.1% | 24.2% | 26.1% | 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)
- Imports of goods and services (current US$), annual growth rate 2.97 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.2266 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 14,756 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 4.3 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 0.3501 current LCU per US$ of GDP (2025)
- Imports of goods and services (current LCU), per capita 22,800 current LCU per person (2025)
- Imports of goods and services (constant 2015 US$), annual growth rate 3.07 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2211 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Australia?
- Adjusted savings: gross savings in Australia was 26.1% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Australia?
- The highest recorded value was 26.4% in 1989.
- What is the lowest adjusted savings: gross savings recorded in Australia?
- The lowest recorded value was 19.1% in 1992.
- How does Australia rank for adjusted savings: gross savings?
- Australia ranks 72nd 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 7.2%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). 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. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.