Australia: Savings, in dollars

* indicates monthly or quarterly data series
 Australia

Savings, billion USD

 Latest value 414.24
 Year 2023
 Measure billion U.S. dollars
 Data availability 1989 - 2023
 Average 198.34
 Min - Max 59.71 - 424.39
 Source The World Bank
The latest value from 2023 is 414.24 billion U.S. dollars, a decline from 424.39 billion U.S. dollars in 2022. In comparison, the world average is 216.52 billion U.S. dollars, based on data from 123 countries. Historically, the average for Australia from 1989 to 2023 is 198.34 billion U.S. dollars. The minimum value, 59.71 billion U.S. dollars, was reached in 1992 while the maximum of 424.39 billion U.S. dollars was recorded in 2022. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Australia - Savings, in dollars - Recent values chart

Historical series
Australia - Savings, in dollars - historical chart - 1989-2023




Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.

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 Related indicators Latest Reference Measure
 Share of industry 27.65 2023 percent
 Share of manufacturing 5.36 2023 percent
 Share of services 63.57 2023 percent
 Industry value added 477.82 2023 billion U.S. dollars
 Manufacturing value added 92.67 2023 billion U.S. dollars
 Services value added 1,098.60 2023 billion U.S. dollars
 Savings, percent of GDP 24.81 2023 percent
 Savings, in dollars 414.24 2023 billion U.S. dollars
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