Gross domestic savings (% of GDP) in Australia
Australia: Gross domestic savings (% of GDP) was 25.0% in 2025. ▼ Falling
Gross domestic savings in Australia, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Australia recorded 25.0% for gross domestic savings in 2025.
That represents a change of down 5.4% on the previous year and up 1.4% over ten years.
Over the whole period, gross domestic savings in Australia peaked at 32.7% in 1970 and was at its lowest, 22.1%, in 1992.
Australia ranks 67th of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 66 years of available data.
Gross domestic savings (% of GDP) in Australia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 31.2% | — |
| 1961 | 30.7% | -1.8% |
| 1962 | 29.0% | -5.6% |
| 1963 | 30.0% | +3.4% |
| 1964 | 31.3% | +4.4% |
| 1965 | 31.1% | -0.4% |
| 1966 | 29.5% | -5.4% |
| 1967 | 31.2% | +5.9% |
| 1968 | 29.6% | -5.1% |
| 1969 | 31.8% | +7.5% |
| 1970 | 32.7% | +2.7% |
| 1971 | 31.6% | -3.3% |
| 1972 | 31.0% | -2.1% |
| 1973 | 30.9% | -0.1% |
| 1974 | 32.0% | +3.5% |
| 1975 | 27.3% | -14.7% |
| 1976 | 26.3% | -3.6% |
| 1977 | 25.8% | -1.9% |
| 1978 | 24.3% | -5.9% |
| 1979 | 25.9% | +6.8% |
| 1980 | 26.8% | +3.4% |
| 1981 | 26.1% | -2.6% |
| 1982 | 26.1% | +0.0% |
| 1983 | 22.2% | -14.9% |
| 1984 | 24.8% | +11.7% |
| 1985 | 25.8% | +3.9% |
| 1986 | 24.7% | -4.5% |
| 1987 | 24.3% | -1.6% |
| 1988 | 26.6% | +9.6% |
| 1989 | 28.2% | +5.9% |
| 1990 | 27.6% | -1.8% |
| 1991 | 24.7% | -10.8% |
| 1992 | 22.1% | -10.5% |
| 1993 | 22.9% | +3.6% |
| 1994 | 24.0% | +4.9% |
| 1995 | 24.0% | +0.1% |
| 1996 | 24.3% | +1.3% |
| 1997 | 25.1% | +3.3% |
| 1998 | 24.7% | -1.5% |
| 1999 | 23.7% | -4.3% |
| 2000 | 24.1% | +1.6% |
| 2001 | 23.4% | -2.6% |
| 2002 | 24.4% | +4.0% |
| 2003 | 23.8% | -2.3% |
| 2004 | 24.3% | +2.2% |
| 2005 | 24.7% | +1.5% |
| 2006 | 25.6% | +3.7% |
| 2007 | 25.8% | +0.8% |
| 2008 | 26.0% | +0.7% |
| 2009 | 27.6% | +6.0% |
| 2010 | 25.8% | -6.5% |
| 2011 | 27.4% | +6.3% |
| 2012 | 27.4% | +0.2% |
| 2013 | 26.4% | -3.7% |
| 2014 | 26.3% | -0.5% |
| 2015 | 24.6% | -6.3% |
| 2016 | 22.9% | -6.9% |
| 2017 | 24.4% | +6.3% |
| 2018 | 24.6% | +0.9% |
| 2019 | 25.4% | +3.3% |
| 2020 | 25.7% | +1.2% |
| 2021 | 26.7% | +3.7% |
| 2022 | 28.9% | +8.4% |
| 2023 | 28.2% | -2.4% |
| 2024 | 26.4% | -6.4% |
| 2025 | 25.0% | -5.4% |
Australia compared with similar countries
- Australia's 25.0% is below the median for high income countries, which is 25.7%, 97% of the median. (67 countries reporting)
- Australia's 25.0% is above the median for East Asia & Pacific, which is 22.0%, 1.1× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 30.5% | 29.0% | 31.8% | 10 |
| 1970s | 28.8% | 24.3% | 32.7% | 10 |
| 1980s | 25.6% | 22.2% | 28.2% | 10 |
| 1990s | 24.3% | 22.1% | 27.6% | 10 |
| 2000s | 25.0% | 23.4% | 27.6% | 10 |
| 2010s | 25.5% | 22.9% | 27.4% | 10 |
| 2020s | 26.8% | 25.0% | 28.9% | 6 |
Countries ranked near Australia
More economy & growth data for Australia
- Real gdp growth, annual growth rate 96.31 % change on previous year (2025)
- 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)
Frequently asked questions
- What is gross domestic savings in Australia?
- Gross domestic savings in Australia was 25.0% 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 32.7% in 1970.
- What is the lowest gross domestic savings recorded in Australia?
- The lowest recorded value was 22.1% in 1992.
- How does Australia rank for gross domestic savings?
- Australia ranks 67th out of 188 countries with data for 2025.
- Is gross domestic savings rising or falling in Australia?
- Over the last ten years it is up 1.4%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.