Household Saving Rate in Australia decreased to 4.20 percent in the second quarter of 2025 from 5.20 percent in the first quarter of 2025. This dataset provides - Australia Households Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Australia Gross Savings Rate

• Australia Gross Savings Rate was measured at 29.6% in Dec 2022, compared with 29.6% in the previous quarter.
• Australia Gross Savings Rate is updated quarterly, with data available from Sep 1959 to Dec 2022, and an average rate of 29.6%.
• The data reached an all-time high of 29.6% in Dec 1973 and a record low of 18.5% in Mar 1983.
• CEIC calculates Gross Domestic Savings Rate from quarterly Gross Domestic Savings and quarterly Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption Expenditure. The Australian Bureau of Statistics provides Final Consumption Expenditure in local currency and Nominal GDP in local currency.
• In the latest reports, Australia GDP expanded 2.7% YoY in Dec 2022.
• Australia Nominal GDP reached 414,682.2 USD mn in Dec 2022. Its GDP deflator (implicit price deflator) increased 9.1% in Dec 2022.
• Australia GDP Per Capita reached 65,005.8 USD in Jun 2022.

Gross domestic savings (% of GDP) in Australia was reported at 26.52 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Australia - Gross domestic savings (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

Australia Household Saving Ratio: Trend data was reported at 5.800 % in Mar 2019. This records an increase from the previous number of 5.500 % for Dec 2018. Australia Household Saving Ratio: Trend data is updated quarterly, averaging 6.600 % from Sep 1973 (Median) to Mar 2019, with 183 observations. The data reached an all-time high of 18.800 % in Dec 1973 and a record low of -2.100 % in Dec 2002. Australia Household Saving Ratio: Trend data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A288: SNA08: Household Saving Ratio and Household Income: Trend.

In 2019, the deposit interest rate in Australia stood at **** percent. Between 1981 and 2019, the figure dropped by ***** percentage points, though the decline followed an uneven course rather than a steady trajectory.

This report analyses Australia's household savings ratio. This is measured by dividing net household savings by gross household disposable income. The ABS and IBISWorld define disposable income as gross income less taxes on income and wealth, interest payments, non-life insurance premiums and other current transfers payable. Household savings measures the flow of savings rather than total savings accrued over time. The data for this report is sourced from the Australian Bureau of Statistics and is measured in financial years.

Household Income: sa: Gross: Primary Income Receivable: Property Income Receivable data was reported at 71,474.000 AUD mn in Dec 2024. This records an increase from the previous number of 71,295.000 AUD mn for Sep 2024. Household Income: sa: Gross: Primary Income Receivable: Property Income Receivable data is updated quarterly, averaging 10,205.500 AUD mn from Sep 1959 (Median) to Dec 2024, with 262 observations. The data reached an all-time high of 72,491.000 AUD mn in Jun 2024 and a record low of 251.000 AUD mn in Mar 1960. Household Income: sa: Gross: Primary Income Receivable: Property Income Receivable data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A289: SNA08: Household Saving Ratio and Household Income: Seasonally Adjusted.

Australia Savings Rate data was reported at 1.863 % pa in 2019. This records a decrease from the previous number of 2.075 % pa for 2018. Australia Savings Rate data is updated yearly, averaging 3.202 % pa from Dec 2002 (Median) to 2019, with 18 observations. The data reached an all-time high of 5.112 % pa in 2011 and a record low of 1.863 % pa in 2019. Australia Savings Rate data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Australia – Table AU.IMF.IFS: Lending, Saving and Deposit Rates: Annual.

Deposit Interest Rate in Australia remained unchanged at 2.70 percent in September. This dataset includes a chart with historical data for Deposit Interest Rate in Australia.

In a survey conducted in Australia in 2024, respondents from Gen Z had an average cash savings balance of around ** thousand Australian dollars. Baby Boomer respondents had the highest average cash savings balance of around ** thousand dollars.

Australia Household Income: sa: Gross: Secondary Income Receivable: Other Current Transfers: Other Sectors data was reported at 837.000 AUD mn in Dec 2024. This records an increase from the previous number of 705.000 AUD mn for Sep 2024. Australia Household Income: sa: Gross: Secondary Income Receivable: Other Current Transfers: Other Sectors data is updated quarterly, averaging 41.000 AUD mn from Sep 1959 (Median) to Dec 2024, with 262 observations. The data reached an all-time high of 915.000 AUD mn in Sep 2023 and a record low of 0.000 AUD mn in Jun 1967. Australia Household Income: sa: Gross: Secondary Income Receivable: Other Current Transfers: Other Sectors data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A289: SNA08: Household Saving Ratio and Household Income: Seasonally Adjusted.

The gross national savings rate in New Zealand was forecast to continuously increase between 2024 and 2029 by in total *** percentage points. According to this forecast, in 2029, the savings rate will have increased for the ***** consecutive year to ***** percent. The savings rate here refers to the gross domestic saving by the state, private households, and corporations and is shown as a percentage of total gross domestic product (GDP).The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the gross national savings rate in countries like Australia and Fiji.

Australia Household Income: Trend: Net Saving data was reported at 15,400.000 AUD mn in Mar 2019. This records an increase from the previous number of 14,983.000 AUD mn for Dec 2018. Australia Household Income: Trend: Net Saving data is updated quarterly, averaging 3,225.000 AUD mn from Sep 1959 (Median) to Mar 2019, with 239 observations. The data reached an all-time high of 19,321.000 AUD mn in Jun 2014 and a record low of -2,160.000 AUD mn in Sep 2002. Australia Household Income: Trend: Net Saving data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A288: SNA08: Household Saving Ratio and Household Income: Trend.

Australia Household Saving Ratio: sa data was reported at 3.800 % in Dec 2024. This records an increase from the previous number of 3.600 % for Sep 2024. Australia Household Saving Ratio: sa data is updated quarterly, averaging 8.650 % from Sep 1959 (Median) to Dec 2024, with 262 observations. The data reached an all-time high of 23.900 % in Jun 2020 and a record low of -2.400 % in Jun 2006. Australia Household Saving Ratio: sa data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A289: SNA08: Household Saving Ratio and Household Income: Seasonally Adjusted.

In a survey conducted in Australia in 2022, respondents living in metropolitan regions had an average cash savings balance of around **** thousand Australian dollars. The cash savings balances of those living in regional areas were around ** thousand Australian dollars less.

A 2017 estimate of the savings for individuals attributed to myGov indicated that people in Australia would save a collective total of **** million Australian dollars a year from dealing with less red tape when engaging with Centrelink, Medicare, and child support services. Estimates also showed that over ** million Australian dollars annually would be saved by digitalizing ATO services.

In a survey conducted among Australian consumers in January 2025, around 45 percent of respondents indicated cutting back on non-essentials was a key method they employed to save money on groceries. Almost 40 percent of those surveyed said they had switched to cheaper brands to make savings.

In Australia, around ** percent of respondents in a survey conducted in 2024 said that they believe better savings interest rates would improve current banking or financial services. Just over ** percent said that having lower bank fees would improve the current banking services.

Australia Household Income: sa: Net Saving data was reported at 13,942.000 AUD mn in Dec 2024. This records an increase from the previous number of 13,017.000 AUD mn for Sep 2024. Australia Household Income: sa: Net Saving data is updated quarterly, averaging 3,638.500 AUD mn from Sep 1959 (Median) to Dec 2024, with 262 observations. The data reached an all-time high of 73,038.000 AUD mn in Jun 2020 and a record low of -3,388.000 AUD mn in Jun 2006. Australia Household Income: sa: Net Saving data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A289: SNA08: Household Saving Ratio and Household Income: Seasonally Adjusted.

The Report Covers Neobanks Market Report in Australia and It is Segmented by Account Type (Business Account and Savings Account), By Service (Mobile Banking, Payments & Money Transfer, Savings Account, Loans, And Others), And by Application (Enterprise, Personal, And Others). The Report Offers Market Size and Forecasts for Australia Neo Banking Market in Value (USD) for all the Above Segments.