Australia - 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 |
Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
