Gross savings in Australia
Australia: Gross savings was 22.2% in 2025. ▲ Rising
Gross savings in Australia, 1989–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2025, gross savings in Australia stood at 22.2%.
That represents a change of down 3.3% on the previous year and down 1.6% over ten years.
Over the whole period, gross savings in Australia peaked at 25.7% in 1989 and was at its lowest, 18.3%, in 1992.
Australia ranks 92nd of 177 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 37 years of available data.
Gross savings in Australia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1989 | 25.7% | — |
| 1990 | 24.4% | -4.8% |
| 1991 | 20.8% | -14.8% |
| 1992 | 18.3% | -12.0% |
| 1993 | 20.3% | +10.8% |
| 1994 | 21.8% | +7.6% |
| 1995 | 20.6% | -5.7% |
| 1996 | 20.9% | +1.3% |
| 1997 | 21.8% | +4.4% |
| 1998 | 21.6% | -0.9% |
| 1999 | 20.6% | -4.6% |
| 2000 | 21.2% | +2.7% |
| 2001 | 20.7% | -2.1% |
| 2002 | 21.7% | +5.0% |
| 2003 | 21.0% | -3.2% |
| 2004 | 21.5% | +2.1% |
| 2005 | 20.9% | -2.5% |
| 2006 | 21.6% | +3.2% |
| 2007 | 21.3% | -1.4% |
| 2008 | 21.8% | +2.5% |
| 2009 | 23.9% | +9.5% |
| 2010 | 21.7% | -9.2% |
| 2011 | 23.2% | +6.7% |
| 2012 | 24.2% | +4.5% |
| 2013 | 23.8% | -1.7% |
| 2014 | 23.5% | -1.4% |
| 2015 | 22.5% | -4.0% |
| 2016 | 20.5% | -8.8% |
| 2017 | 21.6% | +5.1% |
| 2018 | 21.4% | -0.8% |
| 2019 | 22.0% | +2.7% |
| 2020 | 23.2% | +5.7% |
| 2021 | 25.2% | +8.5% |
| 2022 | 24.9% | -1.1% |
| 2023 | 23.8% | -4.6% |
| 2024 | 22.9% | -3.6% |
| 2025 | 22.2% | -3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 25.7% | 25.7% | 25.7% | 1 |
| 1990s | 21.1% | 18.3% | 24.4% | 10 |
| 2000s | 21.6% | 20.7% | 23.9% | 10 |
| 2010s | 22.4% | 20.5% | 24.2% | 10 |
| 2020s | 23.7% | 22.2% | 25.2% | 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)
- Manufacturing, value added (constant LCU), per capita 5,104 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -4.23 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2389 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 15,557 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual -2.99 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.3691 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 24,037 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) -0.5842 % change on previous year (2025)
Frequently asked questions
- What is gross savings in Australia?
- Gross savings in Australia was 22.2% 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 25.7% in 1989.
- What is the lowest gross savings recorded in Australia?
- The lowest recorded value was 18.3% in 1992.
- How does Australia rank for gross savings?
- Australia ranks 92nd out of 177 countries with data for 2025.
- Is gross savings rising or falling in Australia?
- Over the last ten years it is down 1.6%. 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 Offices (NSOs), published as part of Gross savings (% of GDP). 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 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.