Gross domestic savings in Australia
Australia: Gross domestic savings was 694.62 billion current LCU in 2025. ◆ Volatile
Latest (2025)
694.62 billion current LCU
Change on year
down 1.9%
World rank
70th
of 187 countries
All-time high
727.51 billion current LCU
in 2023
All-time low
5.16 billion current LCU
in 1962
Years of data
66
1960–2025
Gross domestic savings in Australia, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Australia recorded 694.62 billion current LCU for gross domestic savings in 2025.
That represents a change of down 1.9% on the previous year and up 72.9% over ten years.
Over the whole period, gross domestic savings in Australia peaked at 727.51 billion current LCU in 2023 and was at its lowest, 5.16 billion current LCU, in 1962.
Australia ranks 70th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in Australia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 5.19 billion current LCU | — |
| 1961 | 5.40 billion current LCU | +3.9% |
| 1962 | 5.16 billion current LCU | -4.4% |
| 1963 | 5.77 billion current LCU | +11.8% |
| 1964 | 6.65 billion current LCU | +15.3% |
| 1965 | 7.23 billion current LCU | +8.7% |
| 1966 | 7.19 billion current LCU | -0.5% |
| 1967 | 8.49 billion current LCU | +18.1% |
| 1968 | 8.66 billion current LCU | +2.0% |
| 1969 | 10.44 billion current LCU | +20.5% |
| 1970 | 12.09 billion current LCU | +15.7% |
| 1971 | 12.78 billion current LCU | +5.7% |
| 1972 | 13.81 billion current LCU | +8.1% |
| 1973 | 15.43 billion current LCU | +11.7% |
| 1974 | 19.34 billion current LCU | +25.4% |
| 1975 | 19.47 billion current LCU | +0.7% |
| 1976 | 21.95 billion current LCU | +12.7% |
| 1977 | 24.86 billion current LCU | +13.3% |
| 1978 | 25.56 billion current LCU | +2.8% |
| 1979 | 30.86 billion current LCU | +20.7% |
| 1980 | 36.17 billion current LCU | +17.2% |
| 1981 | 39.88 billion current LCU | +10.3% |
| 1982 | 46.05 billion current LCU | +15.5% |
| 1983 | 42.19 billion current LCU | -8.4% |
| 1984 | 53.15 billion current LCU | +26.0% |
| 1985 | 60.85 billion current LCU | +14.5% |
| 1986 | 64.40 billion current LCU | +5.8% |
| 1987 | 69.54 billion current LCU | +8.0% |
| 1988 | 86.39 billion current LCU | +24.2% |
| 1989 | 103.83 billion current LCU | +20.2% |
| 1990 | 112.01 billion current LCU | +7.9% |
| 1991 | 102.53 billion current LCU | -8.5% |
| 1992 | 93.54 billion current LCU | -8.8% |
| 1993 | 101.73 billion current LCU | +8.8% |
| 1994 | 112.07 billion current LCU | +10.2% |
| 1995 | 119.16 billion current LCU | +6.3% |
| 1996 | 128.73 billion current LCU | +8.0% |
| 1997 | 139.89 billion current LCU | +8.7% |
| 1998 | 145.93 billion current LCU | +4.3% |
| 1999 | 147.40 billion current LCU | +1.0% |
| 2000 | 159.68 billion current LCU | +8.3% |
| 2001 | 166.09 billion current LCU | +4.0% |
| 2002 | 184.66 billion current LCU | +11.2% |
| 2003 | 191.54 billion current LCU | +3.7% |
| 2004 | 210.66 billion current LCU | +10.0% |
| 2005 | 229.00 billion current LCU | +8.7% |
| 2006 | 256.42 billion current LCU | +12.0% |
| 2007 | 281.63 billion current LCU | +9.8% |
| 2008 | 307.34 billion current LCU | +9.1% |
| 2009 | 348.73 billion current LCU | +13.5% |
| 2010 | 337.24 billion current LCU | -3.3% |
| 2011 | 389.93 billion current LCU | +15.6% |
| 2012 | 413.28 billion current LCU | +6.0% |
| 2013 | 408.21 billion current LCU | -1.2% |
| 2014 | 422.52 billion current LCU | +3.5% |
| 2015 | 401.85 billion current LCU | -4.9% |
| 2016 | 381.84 billion current LCU | -5.0% |
| 2017 | 430.38 billion current LCU | +12.7% |
| 2018 | 454.95 billion current LCU | +5.7% |
| 2019 | 497.02 billion current LCU | +9.2% |
| 2020 | 511.60 billion current LCU | +2.9% |
| 2021 | 557.92 billion current LCU | +9.1% |
| 2022 | 676.03 billion current LCU | +21.2% |
| 2023 | 727.51 billion current LCU | +7.6% |
| 2024 | 708.10 billion current LCU | -2.7% |
| 2025 | 694.62 billion current LCU | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.02 billion current LCU | 5.16 billion current LCU | 10.44 billion current LCU | 10 |
| 1970s | 19.61 billion current LCU | 12.09 billion current LCU | 30.86 billion current LCU | 10 |
| 1980s | 60.24 billion current LCU | 36.17 billion current LCU | 103.83 billion current LCU | 10 |
| 1990s | 120.30 billion current LCU | 93.54 billion current LCU | 147.40 billion current LCU | 10 |
| 2000s | 233.57 billion current LCU | 159.68 billion current LCU | 348.73 billion current LCU | 10 |
| 2010s | 413.72 billion current LCU | 337.24 billion current LCU | 497.02 billion current LCU | 10 |
| 2020s | 645.96 billion current LCU | 511.60 billion current LCU | 727.51 billion current LCU | 6 |
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)
- Gross domestic savings (current US$), annual growth rate -3.16 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.25 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 16,280 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate -1.9 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 0.3862 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 25,154 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 3.87 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9845 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic savings in Australia?
- Gross domestic savings in Australia was 694.62 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Australia?
- The highest recorded value was 727.51 billion current LCU in 2023.
- What is the lowest gross domestic savings recorded in Australia?
- The lowest recorded value was 5.16 billion current LCU in 1962.
- How does Australia rank for gross domestic savings?
- Australia ranks 70th out of 187 countries with data for 2025.
- Is gross domestic savings rising or falling in Australia?
- Over the last ten years it is up 72.9%. The long-run trend across the full record is volatile.
- 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 Gross domestic savings (current LCU). Statizoid updates them automatically from the source API.
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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 series is expressed in local currency units.