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:

Australia Gross Savings Rate

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

Buy Selected Data

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

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Australia Key Series

Buy Selected Data

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

Check out our pricing options.

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

View pricing options

CEIC Express

Instant download of the data related to the indicator on this page including full history in Excel format. Purchase by credit card. View a sample

Please select data to purchase

CEIC Flex

from $39

Entry level access to the CEIC platform for individual users. Download limits apply. Payable monthly by credit card.

View this option

CEIC Unlimited

Request a Demo

Full and unlimited access to CEIC data for multiple users. Suitable for enterprise usage. Available via annual subscription to one or more of CEIC’s global and premium databases.

Request a demo
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data