Australia - Gross savings

Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Australia was 23.20 as of 2019. Its highest value over the past 30 years was 26.30 in 1989, while its lowest value was 19.00 in 1992.

Definition: Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.

Source: World Bank national accounts data files.

See also:

Year Value
1989 26.30
1990 25.20
1991 21.60
1992 19.00
1993 20.80
1994 22.20
1995 21.40
1996 21.70
1997 22.60
1998 22.40
1999 21.40
2000 21.90
2001 21.40
2002 22.50
2003 21.70
2004 22.20
2005 21.90
2006 22.70
2007 22.40
2008 22.90
2009 24.90
2010 22.70
2011 24.30
2012 25.10
2013 24.60
2014 24.20
2015 23.10
2016 21.20
2017 22.40
2018 22.40
2019 23.20

Gross savings (current US$)

The latest value for Gross savings (current US$) in Australia was $319,644,000,000 as of 2020. Over the past 31 years, the value for this indicator has fluctuated between $377,958,000,000 in 2013 and $59,168,650,000 in 1992.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1989 $76,596,200,000
1990 $75,669,380,000
1991 $67,403,410,000
1992 $59,168,650,000
1993 $62,951,330,000
1994 $70,114,750,000
1995 $75,977,880,000
1996 $83,882,390,000
1997 $95,033,520,000
1998 $86,445,100,000
1999 $80,391,960,000
2000 $88,216,270,000
2001 $78,765,580,000
2002 $86,212,730,000
2003 $98,625,380,000
2004 $132,298,000,000
2005 $145,975,000,000
2006 $162,451,000,000
2007 $182,890,000,000
2008 $231,672,000,000
2009 $223,387,000,000
2010 $250,965,000,000
2011 $326,224,000,000
2012 $376,996,000,000
2013 $377,958,000,000
2014 $347,343,000,000
2015 $306,608,000,000
2016 $250,014,000,000
2017 $289,317,000,000
2018 $310,550,000,000
2019 $313,586,000,000
2020 $319,644,000,000

Gross savings (current LCU)

The value for Gross savings (current LCU) in Australia was 476,844,000,000 as of 2020. As the graph below shows, over the past 31 years this indicator reached a maximum value of 476,844,000,000 in 2020 and a minimum value of 76,936,990,000 in 1992.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1989 94,067,790,000
1990 98,332,350,000
1991 85,878,680,000
1992 76,936,990,000
1993 89,592,340,000
1994 101,351,000,000
1995 102,327,000,000
1996 110,557,000,000
1997 121,434,000,000
1998 127,446,000,000
1999 128,289,000,000
2000 140,467,000,000
2001 146,772,000,000
2002 164,770,000,000
2003 169,340,000,000
2004 185,984,000,000
2005 194,176,000,000
2006 216,970,000,000
2007 232,947,000,000
2008 258,777,000,000
2009 303,404,000,000
2010 284,921,000,000
2011 330,889,000,000
2012 365,611,000,000
2013 368,395,000,000
2014 378,361,000,000
2015 368,512,000,000
2016 343,469,000,000
2017 383,605,000,000
2018 400,641,000,000
2019 438,457,000,000
2020 476,844,000,000

Gross savings (% of GNI)

Gross savings (% of GNI) in Australia was 24.57 as of 2020. Its highest value over the past 31 years was 26.28 in 1989, while its lowest value was 18.92 in 1992.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1989 26.28
1990 25.19
1991 21.56
1992 18.92
1993 20.73
1994 22.22
1995 21.39
1996 21.68
1997 22.59
1998 22.35
1999 21.33
2000 21.86
2001 21.38
2002 22.42
2003 21.71
2004 22.17
2005 21.81
2006 22.61
2007 22.42
2008 22.89
2009 24.95
2010 22.75
2011 24.31
2012 25.14
2013 24.59
2014 24.30
2015 23.17
2016 21.22
2017 22.41
2018 22.44
2019 23.27
2020 24.57

Gross savings (% of GDP)

Gross savings (% of GDP) in Australia was 24.07 as of 2020. Its highest value over the past 31 years was 25.55 in 1989, while its lowest value was 18.18 in 1992.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1989 25.55
1990 24.31
1991 20.68
1992 18.18
1993 20.17
1994 21.72
1995 20.65
1996 20.91
1997 21.83
1998 21.64
1999 20.66
2000 21.23
2001 20.78
2002 21.81
2003 21.10
2004 21.54
2005 21.00
2006 21.73
2007 21.42
2008 21.96
2009 24.07
2010 21.87
2011 23.34
2012 24.38
2013 23.98
2014 23.67
2015 22.70
2016 20.72
2017 21.80
2018 21.74
2019 22.53
2020 24.07

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts