Gross savings (current US$) in Australia
Australia: Gross savings (current US$) was 398.40 billion current US$ in 2025. ◆ Volatile
Gross savings in Australia, 1989–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, gross savings in Australia stood at 398.40 billion current US$.
The figure is down 1.1% on the previous year and up 30.4% over ten years.
Over the whole period, gross savings in Australia peaked at 422.65 billion current US$ in 2022 and was at its lowest, 59.71 billion current US$, in 1992.
Australia ranks 15th of 178 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current US$) in Australia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1989 | 77.05 billion current US$ | — |
| 1990 | 76.14 billion current US$ | -1.2% |
| 1991 | 67.92 billion current US$ | -10.8% |
| 1992 | 59.71 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 | 162.09 billion current US$ | +11.1% |
| 2007 | 182.63 billion current US$ | +12.7% |
| 2008 | 231.22 billion current US$ | +26.6% |
| 2009 | 222.87 billion current US$ | -3.6% |
| 2010 | 250.21 billion current US$ | +12.3% |
| 2011 | 324.95 billion current US$ | +29.9% |
| 2012 | 375.77 billion current US$ | +15.6% |
| 2013 | 376.66 billion current US$ | +0.2% |
| 2014 | 345.90 billion current US$ | -8.2% |
| 2015 | 305.57 billion current US$ | -11.7% |
| 2016 | 248.74 billion current US$ | -18.6% |
| 2017 | 287.18 billion current US$ | +15.5% |
| 2018 | 306.71 billion current US$ | +6.8% |
| 2019 | 307.37 billion current US$ | +0.2% |
| 2020 | 309.77 billion current US$ | +0.8% |
| 2021 | 393.21 billion current US$ | +26.9% |
| 2022 | 422.65 billion current US$ | +7.5% |
| 2023 | 412.37 billion current US$ | -2.4% |
| 2024 | 402.69 billion current US$ | -2.3% |
| 2025 | 398.40 billion current US$ | -1.1% |
Australia compared with similar countries
- Australia's 398.40 billion current US$ is above the median for high income countries, which is 58.75 billion current US$, 6.8× the median. (63 countries reporting)
- Australia's 398.40 billion current US$ is above the median for East Asia & Pacific, which is 6.81 billion current US$, 58.5× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 77.05 billion current US$ | 77.05 billion current US$ | 77.05 billion current US$ | 1 |
| 1990s | 75.96 billion current US$ | 59.71 billion current US$ | 95.03 billion current US$ | 10 |
| 2000s | 142.88 billion current US$ | 78.76 billion current US$ | 231.22 billion current US$ | 10 |
| 2010s | 312.91 billion current US$ | 248.74 billion current US$ | 376.66 billion current US$ | 10 |
| 2020s | 389.85 billion current US$ | 309.77 billion current US$ | 422.65 billion current US$ | 6 |
Countries ranked near Australia
- 12 Indonesia 506.60 billion current US$ compare
- 13 Turkey 478.25 billion current US$ compare
- 14 Spain 463.67 billion current US$ compare
- 16 Switzerland 381.54 billion current US$ compare
- 17 Netherlands 369.20 billion current US$ compare
- 18 Saudi Arabia 369.00 billion current US$ compare
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 savings in Australia?
- Gross savings in Australia was 398.40 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Australia?
- The highest recorded value was 422.65 billion current US$ in 2022.
- What is the lowest gross savings recorded in Australia?
- The lowest recorded value was 59.71 billion current US$ in 1992.
- How does Australia rank for gross savings?
- Australia ranks 15th out of 178 countries with data for 2025.
- Is gross savings rising or falling in Australia?
- Over the last ten years it is up 30.4%. 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 Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.