Australia vs Saudi Arabia: Gross savings
Gross savings over time
- Australia
- Saudi Arabia
How they compare
Australia currently reports 398.47 billion current US$ against 369.00 billion current US$ in Saudi Arabia, a difference of 29.47 billion current US$.
That makes Australia's figure about 1.1 times Saudi Arabia's.
The two have swapped places 6 times across 37 shared years of data; in 1989 it was Australia ahead.
Globally, Australia ranks 15th and Saudi Arabia ranks 17th of 177 countries.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.