Australia Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Australia's gross savings was 22.46% in 2025, ranked 79th globally. This represents a 2.0% decrease from 2024. Data from World Bank, covering 1980–2025.
Overview
Australia's gross savings stood at 22.46% in 2025, a decline of +0.46% from 2024. The IMF projects 22.46% by 2025. Australia ranked 79th globally.
Australia’s gross savings ratio stood at 22.46 in 2025, placing it 79th in the global ranking and marginally below peers such as Finland (22.85) and Belgium (22.87). The indicator has been recorded for 46 years, moving from a low of 16.95 in 1983 to a historic high of 25.66 in 1989 before settling into a narrow band around the low‑mid‑20s. The early‑1980s trough coincided with a period of high inflation and fiscal consolidation, while the 1989 peak reflected strong current‑account surpluses and robust household wealth accumulation. Since the peak, the savings ratio has exhibited modest volatility, with the latest figure only 0.20 points below the 1980 level of 21.74, suggesting a long‑term plateau rather than a sustained upward trajectory. Future movements will likely depend on the interaction of household disposable income, interest‑rate policy and demographic shifts, which could either lift the ratio if savings incentives strengthen or depress it if consumption pressures dominate.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 22.38% | - | - |
| 2029* IMF | 22.33% | - | - |
| 2028* IMF | 22.25% | - | - |
| 2027* IMF | 22.22% | - | - |
| 2026* IMF | 22.34% | - | - |
| 2025* IMF | 22.46% | - | - |
| 2025 | 22.46% | −0.46% | #79 |
| 2024 | 22.92% | −0.76% | #86 |
| 2023 | 23.78% | −0.74% | #85 |
| 2022 | 24.93% | −1.00% | #75 |
| 2021 | 25.20% | +0.91% | #77 |
| 2020 | 23.23% | +0.39% | #76 |
| 2019 | 21.98% | +0.28% | #95 |
| 2018 | 21.40% | −0.40% | #97 |
| 2017 | 21.58% | +0.82% | #92 |
| 2016 | 20.53% | −1.06% | #102 |
| 2015 | 22.52% | −0.71% | #82 |
| 2014 | 23.46% | −0.35% | #80 |
| 2013 | 23.78% | +0.01% | #76 |
| 2012 | 24.20% | +0.37% | #69 |
| 2011 | 23.16% | +0.12% | #74 |
Detected Pattern
Analysis
Australia matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Australia's gross savings was 22.46% in 2025. Ranked 79th globally. This represents a 2.0% decrease from the previous year.
Australia's gross savings peaked at 25.66% in 1989.
The lowest gross savings in Australia was 16.95% in 1983.
Australia ranks 79th globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Australia's gross savings is projected to reach 22.46% by 2025 based on IMF projection.
The gross savings of Australia in 2025 was 22.46%. This ranks 79th in the world.
Cite this page
@misc{historysaid_australia_gross-savings,
title = {Australia Gross Savings},
url = {https://historysaid.com/australia/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}