Australia Gross Savings Rate (% of GDP) (2024)
Australia's Gross Savings Rate (% of GDP): 22.9 % of GDP in 2024, -0.9pp YoY. World Bank (NY.GNS.ICTR.ZS), 1990–2024.
Australia (2024)
22.9
% of GDP
-0.9pp YoY
YoY Change
-0.9pp
percentage points
Trend
down
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 22.9 | -0.9pp |
| 2023 | 23.8 | -1.2pp |
| 2022 | 24.9 | -0.3pp |
| 2021 | 25.2 | +2pp |
| 2020 | 23.2 | +1.3pp |
| 2019 | 22 | +0.6pp |
| 2018 | 21.4 | -0.2pp |
| 2017 | 21.6 | +1pp |
| 2016 | 20.5 | -2pp |
| 2015 | 22.5 | -0.9pp |
| 2014 | 23.5 | -0.3pp |
| 2013 | 23.8 | -0.4pp |
| 2012 | 24.2 | +1pp |
| 2011 | 23.2 | +1.5pp |
| 2010 | 21.7 | -2.2pp |
| 2009 | 23.9 | +2.1pp |
| 2008 | 21.8 | +0.5pp |
| 2007 | 21.3 | -0.3pp |
| 2006 | 21.6 | +0.7pp |
| 2005 | 20.9 | n/a |
About this Dataset
Australia recorded 22.9 % of GDP in 2024. The most recent year-on-year change was -0.9pp. The historical series (1990–2024) shows a peak of 25.2 in 2021 and a trough of 18.3 in 1992.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks australia gross savings rate (% of gdp) in Australia, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 25.2 % of GDP in 2021 and reached its lowest recorded value of 18.3 in 1992. The latest reading of 22.9 in 2024 represents a year-on-year change of -0.9pp.