Australia - Gross domestic savings (current LCU)

The value for Gross domestic savings (current LCU) in Australia was 518,930,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 518,930,000,000 in 2020 and a minimum value of 5,143,000,000 in 1962.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 5,180,000,000
1961 5,383,000,000
1962 5,143,000,000
1963 5,752,000,000
1964 6,635,000,000
1965 7,208,000,000
1966 7,169,000,000
1967 8,469,000,000
1968 8,634,000,000
1969 10,412,000,000
1970 12,050,000,000
1971 12,740,000,000
1972 13,766,000,000
1973 15,376,000,000
1974 19,280,000,000
1975 19,393,000,000
1976 21,853,000,000
1977 24,753,000,000
1978 25,439,000,000
1979 30,724,000,000
1980 36,020,000,000
1981 39,712,000,000
1982 45,853,000,000
1983 41,977,000,000
1984 52,876,000,000
1985 60,581,000,000
1986 64,019,000,000
1987 69,136,000,000
1988 85,966,000,000
1989 103,381,000,000
1990 111,514,000,000
1991 102,026,000,000
1992 93,048,000,000
1993 101,252,000,000
1994 111,575,000,000
1995 119,159,000,000
1996 128,731,000,000
1997 139,892,000,000
1998 145,938,000,000
1999 147,410,000,000
2000 159,683,000,000
2001 166,094,000,000
2002 184,677,000,000
2003 191,562,000,000
2004 210,680,000,000
2005 229,018,000,000
2006 256,434,000,000
2007 281,635,000,000
2008 307,338,000,000
2009 348,725,000,000
2010 337,294,000,000
2011 389,999,000,000
2012 413,377,000,000
2013 408,403,000,000
2014 422,922,000,000
2015 402,492,000,000
2016 383,527,000,000
2017 432,998,000,000
2018 459,130,000,000
2019 501,770,000,000
2020 518,930,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts