Savings Rate, Percent per annum in Australia
Australia: Savings Rate, Percent per annum was 1.86 in 2019. βΌ Falling
Savings Rate, Percent per annum in Australia, 2002β2019
Source: International Monetary Fund.
Analysis
Australia recorded 1.86 for savings rate, percent per annum in 2019. That is the lowest value across all 18 years on record.
That represents a change of down 10.2% on the previous year and down 22.1% over ten years.
Over the whole period, savings rate, percent per annum in Australia peaked at 5.11 in 2011 and was at its lowest, 1.86, in 2019.
Australia ranks 36th of 63 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.53 | 2.39 | 5 | 8 |
| 2010s | 3.33 | 1.86 | 5.11 | 10 |
Countries ranked near Australia
More financial sector data for Australia
- Net domestic credit (current LCU), per capita 215,929 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 3.32 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 3.66 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 84.28 million SDR (2025)
- Gold reserves at market value 7.68 billion SDR (2025)
- Reserves excluding gold, foreign exchange 32.83 billion SDR (2025)
- Reserves excluding gold 45.36 billion SDR (2025)
- Total reserves (gold at market value) 53.04 billion SDR (2025)
- Total reserves (gold at national valuation) 53.03 billion SDR (2025)
- Domestic credit to private sector by banks 133.8% (2025)
Frequently asked questions
- What is savings rate, percent per annum in Australia?
- Savings rate, percent per annum in Australia was 1.86 in 2019, according to International Monetary Fund.
- What is the highest savings rate, percent per annum recorded in Australia?
- The highest recorded value was 5.11 in 2011.
- What is the lowest savings rate, percent per annum recorded in Australia?
- The lowest recorded value was 1.86 in 2019.
- How does Australia rank for savings rate, percent per annum?
- Australia ranks 36th out of 63 countries with data for 2019.
- Is savings rate, percent per annum rising or falling in Australia?
- Over the last ten years it is down 22.1%. The long-run trend across the full record is falling.
- Where does this Australia data come from?
- The figures come from International Monetary Fund, published as part of Savings Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 18 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.