Gross national savings, Percent of GDP in Australia
Australia: Gross national savings, Percent of GDP was 22.63 in 2031. ▲ Rising
Gross national savings, Percent of GDP in Australia, 1980–2031
Source: International Monetary Fund.
Analysis
In 2031, gross national savings, percent of gdp in Australia stood at 22.63.
The figure is up 0.1% on the previous year and down 11.9% over ten years.
Over the whole period, gross national savings, percent of gdp in Australia peaked at 25.68 in 2021 and was at its lowest, 16.93, in 1983.
Australia ranks 17th of 25 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 52 years of available data.
Gross national savings, Percent of GDP in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 21.71 | — |
| 1981 | 20.85 | -3.9% |
| 1982 | 18.74 | -10.1% |
| 1983 | 16.93 | -9.7% |
| 1984 | 20.12 | +18.8% |
| 1985 | 18.32 | -8.9% |
| 1986 | 17.6 | -3.9% |
| 1987 | 20.16 | +14.5% |
| 1988 | 25.21 | +25.1% |
| 1989 | 25.33 | +0.4% |
| 1990 | 22.95 | -9.4% |
| 1991 | 18.32 | -20.2% |
| 1992 | 19.23 | +5.0% |
| 1993 | 21.07 | +9.6% |
| 1994 | 21.56 | +2.4% |
| 1995 | 20.55 | -4.7% |
| 1996 | 21.39 | +4.1% |
| 1997 | 21.72 | +1.5% |
| 1998 | 21.51 | -1.0% |
| 1999 | 20.51 | -4.6% |
| 2000 | 21.16 | +3.2% |
| 2001 | 21.1 | -0.3% |
| 2002 | 21.43 | +1.6% |
| 2003 | 21.42 | -0.1% |
| 2004 | 20.96 | -2.1% |
| 2005 | 21.66 | +3.3% |
| 2006 | 21.1 | -2.6% |
| 2007 | 21.2 | +0.5% |
| 2008 | 23.94 | +13.0% |
| 2009 | 22.05 | -7.9% |
| 2010 | 22.97 | +4.1% |
| 2011 | 23.74 | +3.4% |
| 2012 | 23.67 | -0.3% |
| 2013 | 23.69 | +0.1% |
| 2014 | 23.11 | -2.5% |
| 2015 | 21.5 | -7.0% |
| 2016 | 20.66 | -3.9% |
| 2017 | 21.7 | +5.0% |
| 2018 | 21.56 | -0.6% |
| 2019 | 22.61 | +4.9% |
| 2020 | 24.11 | +6.6% |
| 2021 | 25.68 | +6.5% |
| 2022 | 24.35 | -5.2% |
| 2023 | 23.34 | -4.2% |
| 2024 | 22.38 | -4.1% |
| 2025 | 22.03 | -1.6% |
| 2026 | 22.11 | +0.4% |
| 2027 | 22.33 | +1.0% |
| 2028 | 22.45 | +0.5% |
| 2029 | 22.58 | +0.6% |
| 2030 | 22.6 | +0.1% |
| 2031 | 22.63 | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 20.5 | 16.93 | 25.33 | 10 |
| 1990s | 20.88 | 18.32 | 22.95 | 10 |
| 2000s | 21.6 | 20.96 | 23.94 | 10 |
| 2010s | 22.52 | 20.66 | 23.74 | 10 |
| 2020s | 23.14 | 22.03 | 25.68 | 10 |
| 2030s | 22.61 | 22.6 | 22.63 | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.55 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0025 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -164.69 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 36.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.02 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0203 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,323 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is gross national savings, percent of gdp in Australia?
- Gross national savings, percent of gdp in Australia was 22.63 in 2031, according to International Monetary Fund.
- What is the highest gross national savings, percent of gdp recorded in Australia?
- The highest recorded value was 25.68 in 2021.
- What is the lowest gross national savings, percent of gdp recorded in Australia?
- The lowest recorded value was 16.93 in 1983.
- How does Australia rank for gross national savings, percent of gdp?
- Australia ranks 17th out of 25 countries with data for 2031.
- Is gross national savings, percent of gdp rising or falling in Australia?
- Over the last ten years it is down 11.9%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from International Monetary Fund, published as part of Gross national savings, Percent of GDP (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.