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Australia - Gross Savings 1998

Name: Australia Gross Savings 1998
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Gross savings as % of GDP · World Bank

21.59% −0.17% from 1997 Global rank: 73rd

Australia's gross savings was 21.59% in 1998, decreased +0.17% from 21.78% in 1997. This was the 73rd highest globally.

Global Ranking - 1998▾

Gross Savings by Country - 1998
Rank	Country	Value	YoY
1st	Singapore	51.35%	-4.4%
2nd	Angola	51.04%	-5.5%
3rd	Congo, Democratic Republic of	50.41%	-0.8%
4th	Bhutan	47.00%	3.5%
5th	Faroe Islands	41.93%	-
6th	Guinea	40.75%	282.9%
7th	Botswana	40.53%	5.4%
8th	Malaysia	39.85%	5.0%
9th	China	38.18%	-3.5%
10th	Korea	37.88%	0.5%
11th	Eswatini	36.58%	2.5%
12th	Morocco	34.83%	64.2%
13th	Switzerland	34.24%	-0.8%
14th	Japan	32.35%	-2.6%
15th	Luxembourg	32.01%	-1.0%
16th	Qatar	31.82%	-16.8%
17th	Thailand	31.74%	-1.4%
18th	Cabo Verde	31.35%	-0.7%
19th	Mongolia	30.87%	4.7%
20th	Hong Kong SAR, China	30.70%	4.3%
21st	United Arab Emirates	30.19%	-17.0%
22nd	Czechia	29.73%	10.2%
23rd	Philippines	29.62%	52.4%
24th	Iran, Islamic Republic of	29.41%	-19.8%
25th	Honduras	28.24%	14.7%
26th	Norway	28.01%	-9.9%
27th	Finland	27.64%	4.5%
28th	Mauritius	27.56%	59.4%
29th	Bahamas, The	27.55%	16.1%
30th	Türkiye	27.14%	30.8%
31st	Bosnia and Herzegovina	27.14%	-
32nd	Aruba	27.08%	2.1%
33rd	Guinea-Bissau	27.05%	-45.1%
34th	Kuwait	26.99%	-31.8%
35th	Namibia	26.61%	38.4%
36th	Netherlands	26.17%	-8.4%
37th	Belgium	26.09%	-0.5%
38th	Slovenia	25.90%	4.3%
39th	India	25.89%	-1.7%
40th	Bangladesh	25.83%	8.2%
41st	Dominican Republic	25.83%	21.3%
42nd	Haiti	25.79%	274.7%
43rd	Slovak Republic	25.52%	-4.4%
44th	Trinidad and Tobago	25.42%	5.0%
45th	Gabon	25.25%	-35.1%
46th	Bulgaria	25.19%	27.2%
47th	Cyprus	24.98%	20.6%
48th	Maldives	24.92%	9.5%
49th	Israel	24.72%	0.6%
50th	Ireland	24.46%	0.2%
51st	Austria	24.39%	2.4%
52nd	Sweden	23.93%	0.7%
53rd	France	23.71%	7.5%
54th	Germany	23.52%	2.0%
55th	Algeria	23.46%	-16.4%
56th	Denmark	23.42%	0.4%
57th	Chile	23.39%	-6.7%
58th	Viet Nam	23.34%	31.1%
59th	European Union	23.31%	1.2%
60th	Belarus	22.87%	10.4%
61st	Spain	22.72%	6.5%
62nd	Sri Lanka	22.66%	-5.8%
63rd	Mexico	22.57%	14.7%
64th	Indonesia	22.42%	-10.2%
65th	Panama	22.41%	-5.1%
66th	Jordan	22.23%	-26.9%
67th	Portugal	22.16%	11.6%
68th	Italy	22.12%	-2.1%
69th	Tunisia	21.89%	0.4%
70th	Estonia	21.73%	0.3%
71st	Poland	21.72%	10.4%
72nd	Paraguay	21.62%	24.2%
73rd	Australia	21.59%	-0.8%
74th	Croatia	21.57%	-15.7%
75th	Hungary	21.56%	-2.8%
76th	United States	21.39%	3.0%
77th	Greece	20.96%	21.6%
78th	Malta	20.66%	-31.0%
79th	Albania	20.43%	100.3%
80th	Nepal	20.13%	0.3%
81st	Canada	19.77%	-0.5%
82nd	Russian Federation	19.32%	9.7%
83rd	Jamaica	19.28%	-13.5%
84th	Oman	19.05%	5.9%
85th	El Salvador	19.02%	24.4%
86th	Egypt, Arab Republic of	18.96%	14.8%
87th	Uganda	18.86%	99.5%
88th	Seychelles	18.72%	14.8%
89th	Yemen, Republic of	18.62%	-25.4%
90th	Papua New Guinea	18.41%	24.1%
91st	Ukraine	18.33%	-0.5%
92nd	New Zealand	18.18%	-2.6%
93rd	Tanzania	18.04%	48.3%
94th	Ghana	18.03%	-15.6%
95th	United Kingdom	17.91%	2.5%
96th	Mauritania	17.79%	169.0%
97th	Saudi Arabia	17.77%	-6.3%
98th	Peru	17.75%	17.2%
99th	Equatorial Guinea	17.66%	-61.5%
100th	Costa Rica	17.44%	6.3%
101st	Pakistan	17.37%	60.5%
102nd	Cameroon	17.34%	9.9%
103rd	Iceland	16.87%	-11.7%
104th	Belize	16.86%	41.7%
105th	Barbados	16.70%	9.8%
106th	Kenya	16.26%	110.5%
107th	Latvia	16.14%	12.6%
108th	Uzbekistan	16.13%	35.5%
109th	Argentina	16.13%	10.0%
110th	Georgia	15.83%	127.5%
111th	Benin	15.80%	67.7%
112th	Guyana	15.25%	32.3%
113th	Kazakhstan	15.15%	26.4%
114th	Ecuador	14.94%	-8.0%
115th	South Africa	14.77%	-1.4%
116th	Togo	14.33%	72.5%
117th	Syrian Arab Republic	13.95%	-40.2%
118th	Uruguay	13.94%	-24.5%
119th	Brazil	13.89%	-1.7%
120th	Mozambique	13.76%	-15.1%
121st	Niger	13.44%	68.8%
122nd	Colombia	12.87%	-11.8%
123rd	Bolivia, Plurinational State of	12.82%	1.4%
124th	Lithuania	12.64%	-14.6%
125th	Nigeria	12.37%	-9.2%
126th	Guatemala	12.00%	-1.2%
127th	Nicaragua	11.84%	-2.0%
128th	Lesotho	11.62%	-46.5%
129th	Libya	11.36%	-32.1%
130th	Burkina Faso	11.32%	12.1%
131st	Romania	11.19%	-22.1%
132nd	Senegal	11.14%	96.9%
133rd	Suriname	11.06%	-39.8%
134th	Comoros	10.90%	23.8%
135th	West Bank and Gaza	9.62%	68.6%
136th	Côte d'Ivoire	8.82%	-2.4%
137th	Sudan	8.49%	22.2%
138th	Madagascar	7.96%	46.9%
139th	Bahrain	7.78%	-68.2%
140th	Solomon Islands	7.72%	295.9%
141st	Cambodia	7.23%	-55.5%
142nd	Rwanda	6.97%	39.5%
143rd	Azerbaijan	6.62%	-47.8%
144th	Eritrea	6.29%	-85.6%
145th	Djibouti	6.26%	7.0%
146th	Congo, Republic of	6.02%	-73.2%
147th	Malawi	5.34%	5,185.1%
148th	Tajikistan	5.08%	138.5%
149th	Central African Republic	5.04%	5.0%
150th	Moldova	4.68%	-51.0%
151st	Chad	4.38%	-33.3%
152nd	Lebanon	4.12%	221.8%
153rd	North Macedonia	3.88%	-70.0%
154th	Serbia	3.69%	-31.0%
155th	Sierra Leone	2.50%	-1.0%
156th	Armenia	0.76%	-80.9%
157th	Burundi	0.67%	-87.0%
158th	Vanuatu	0.30%	-98.1%
159th	Gambia, The	-0.19%	-105.9%
160th	Zambia	-0.27%	-103.9%
161st	Kyrgyz Republic	-7.95%	-158.3%
162nd	Mali	-10.11%	-141.9%
163rd	Myanmar	-11.07%	-

FAQ

What was Australia's gross savings in 1998?▾

Australia's gross savings in 1998 was 21.59%. This ranked 73rd globally.

How did Australia's gross savings change in 1998?▾

Australia's gross savings decreased by 0.8% in 1998 compared to 1997.

Which country had the highest gross savings in 1998?▾

Singapore had the highest gross savings in 1998 at 51.35%.

What is the gross savings of Australia in 1998?▾

The gross savings of Australia in 1998 was 21.59%. This ranked 73rd globally.

How does 1998 compare to 1997 for Australia's gross savings?▾

Australia's gross savings went from 21.78% in 1997 to 21.59% in 1998, a 0.8% decrease.

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