Australia - Gross domestic savings (% of GDP)

Gross domestic savings (% of GDP) in Australia was 26.20 as of 2020. Its highest value over the past 60 years was 32.65 in 1970, while its lowest value was 21.99 in 1992.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption).

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

See also:

Year Value
1960 31.18
1961 30.63
1962 28.91
1963 29.91
1964 31.22
1965 31.08
1966 29.40
1967 31.15
1968 29.56
1969 31.79
1970 32.65
1971 31.55
1972 30.90
1973 30.86
1974 31.93
1975 27.21
1976 26.21
1977 25.72
1978 24.21
1979 25.86
1980 26.75
1981 26.06
1982 26.07
1983 22.15
1984 24.74
1985 25.73
1986 24.56
1987 24.15
1988 26.50
1989 28.08
1990 27.56
1991 24.57
1992 21.99
1993 22.79
1994 23.91
1995 24.05
1996 24.35
1997 25.15
1998 24.78
1999 23.74
2000 24.13
2001 23.51
2002 24.44
2003 23.87
2004 24.40
2005 24.77
2006 25.68
2007 25.89
2008 26.08
2009 27.67
2010 25.89
2011 27.51
2012 27.56
2013 26.58
2014 26.46
2015 24.80
2016 23.14
2017 24.61
2018 24.91
2019 25.78
2020 26.20

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts