Australia Gross Savings Rate

1959 - 2020 | Quarterly | % | CEIC Data

Australia Gross Savings Rate was measured at 25.4 % in Sep 2020, compared with 26.1 % in the previous quarter. Australia Gross Savings Rate is updated quarterly, available from Sep 1959 to Sep 2020, with an average rate of 25.8 %. The data reached an all-time high of 35.4 % in Dec 1973 and a record low of 18.4 % in Mar 1983. CEIC calculates Gross Domestic Savings Rate from quarterly Gross Domestic Savings and quarterly Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption Expenditure. The Australian Bureau of Statistics provides Final Consumption Expenditure in local currency and Nominal GDP in local currency.

In the latest reports, Australia GDP contracted 6.3 % YoY in Jun 2020. Australia Nominal GDP reached 307.6 USD bn in Jun 2020. Its GDP deflator (implicit price deflator) increased 0.4 % in Jun 2020. Australia GDP Per Capita reached 52,158.4 USD in Jun 2020.

View Australia's Gross Savings Rate from Sep 1959 to Sep 2020 in the chart:

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What was Australia's Gross Savings Rate in Sep 2020?

Last	Previous	Min	Max	Unit	Frequency	Range
25.4 Sep 2020	26.1 Jun 2020	18.4 Mar 1983	35.4 Dec 1973	%	quarterly	Sep 1959 - Sep 2020

Gross Savings Rate by Country Comparison

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Includes Gross Savings Rate on 115 economies standardised by CEIC. Instant access to full history data in excel.

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country/region	Last	Frequency	Range
Albania (%)	8.8 Sep 2020	quarterly	Mar 2008 - Sep 2020
Algeria (%)	37.6 2016	yearly	2000 - 2016
Argentina (%)	22.8 Sep 2020	quarterly	Mar 2004 - Sep 2020
Armenia (%)	10.3 Sep 2020	quarterly	Dec 1994 - Sep 2020
Australia (%)	25.4 Sep 2020	quarterly	Sep 1959 - Sep 2020
Austria (%)	27.3 Sep 2020	quarterly	Mar 1995 - Sep 2020
Azerbaijan (%)	27.6 Mar 2020	quarterly	Mar 2001 - Mar 2020
Bahrain (%)	31.6 2018	yearly	1989 - 2018
Bangladesh (%)	30.1 2020	yearly	2006 - 2020
Belarus (%)	35.3 Sep 2020	quarterly	Mar 1992 - Sep 2020

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Australia Key Series

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Includes 441 key indicators for Australia, curated by CEIC analysts. Instant access to full history data in excel.

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Government and Public Finance	Last	Frequency	Range
Consolidated Fiscal Balance: % of GDP (%)	-7.2 Jun 2020	quarterly	Jun 2003 - Jun 2020
Consolidated Fiscal Balance (USD mn)	-63,966.960 Jun 2020	quarterly	Sep 2002 - Jun 2020
Tax Revenue (USD mn)	90,927.832 Sep 2020	quarterly	Sep 2002 - Sep 2020
Tax Revenue: % of GDP (%)	30.1 Jun 2020	quarterly	Sep 2002 - Jun 2020
National Government Debt (USD mn)	474,369.8 2019	yearly	1999 - 2019
Government Debt: % of GDP (%)	34.7 2019	yearly	1999 - 2019
Forecast: Government Expenditure (AUD bn)	880.783 2025	yearly	1988 - 2025
Forecast: Government Net Debt (AUD bn)	1,693.021 2025	yearly	1989 - 2025
Forecast: Government Revenue (AUD bn)	833.535 2025	yearly	1988 - 2025
DOT Forecast: Budget Aggregates: Revenue (AUD bn)	538.100 2024	yearly	1997 - 2024
DOT Forecast: Budget Aggregates: Expenses (AUD bn)	596.600 2024	yearly	1997 - 2024
AU: General Government: Financial Liabilities (AUD mn)	2,035,045.000 Sep 2020	quarterly	Jun 1999 - Sep 2020

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National Accounts