Australia - 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

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts