Outstanding Deposits, Commercial Banks, of Which: Household Sector in Australia
Australia: Outstanding Deposits, Commercial Banks, of Which: Household Sector was 1.54 trillion in 2024. ◆ Volatile
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Australia, 2004–2024
Source: International Monetary Fund.
Analysis
In 2024, outstanding deposits, commercial banks, of which: household sector in Australia stood at 1.54 trillion. That is the highest value across all 21 years on record.
That represents a change of up 8.7% on the previous year and up 126.4% over ten years.
Over the whole period, outstanding deposits, commercial banks, of which: household sector in Australia peaked at 1.54 trillion in 2024 and was at its lowest, 244.56 billion, in 2004.
Australia ranks 37th of 127 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 244.56 billion | — |
| 2005 | 264.55 billion | +8.2% |
| 2006 | 294.24 billion | +11.2% |
| 2007 | 323.65 billion | +10.0% |
| 2008 | 396.70 billion | +22.6% |
| 2009 | 442.68 billion | +11.6% |
| 2010 | 480.12 billion | +8.5% |
| 2011 | 518.65 billion | +8.0% |
| 2012 | 566.86 billion | +9.3% |
| 2013 | 623.88 billion | +10.1% |
| 2014 | 681.99 billion | +9.3% |
| 2015 | 752.83 billion | +10.4% |
| 2016 | 815.55 billion | +8.3% |
| 2017 | 866.47 billion | +6.2% |
| 2018 | 925.33 billion | +6.8% |
| 2019 | 954.60 billion | +3.2% |
| 2020 | 1.08 trillion | +13.1% |
| 2021 | 1.20 trillion | +10.8% |
| 2022 | 1.31 trillion | +9.4% |
| 2023 | 1.42 trillion | +8.6% |
| 2024 | 1.54 trillion | +8.7% |
Australia compared with similar countries
- Australia's 1.54 trillion is above the median for high income countries, which is 396.25 billion, 3.9× the median. (51 countries reporting)
- Australia's 1.54 trillion is above the median for East Asia & Pacific, which is 294.80 billion, 5.2× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 327.73 billion | 244.56 billion | 442.68 billion | 6 |
| 2010s | 718.63 billion | 480.12 billion | 954.60 billion | 10 |
| 2020s | 1.31 trillion | 1.08 trillion | 1.54 trillion | 5 |
Countries ranked near Australia
More financial sector data for Australia
- Reserve position in the IMF, US dollar, annual growth rate 11.9 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 83.74 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 6.56 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 61.14 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 11.9 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 83.74 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 6.56 % change on previous year (2025)
Frequently asked questions
- What is outstanding deposits, commercial banks, of which: household sector in Australia?
- Outstanding deposits, commercial banks, of which: household sector in Australia was 1.54 trillion in 2024, according to International Monetary Fund.
- What is the highest outstanding deposits, commercial banks, of which: household sector recorded in Australia?
- The highest recorded value was 1.54 trillion in 2024.
- What is the lowest outstanding deposits, commercial banks, of which: household sector recorded in Australia?
- The lowest recorded value was 244.56 billion in 2004.
- How does Australia rank for outstanding deposits, commercial banks, of which: household sector?
- Australia ranks 37th out of 127 countries with data for 2024.
- Is outstanding deposits, commercial banks, of which: household sector rising or falling in Australia?
- Over the last ten years it is up 126.4%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from International Monetary Fund, published as part of Outstanding Deposits, Commercial Banks, of Which: Household Sector Deposits. Statizoid updates them automatically from the source API.
Download this data
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About this data
Gender-disaggregated data on access to and use of financial services.