Adjusted savings: net national savings in Australia

Australia: Adjusted savings: net national savings was 134.41 billion current US$ in 2021. ◆ Volatile

Latest (2021)
134.41 billion current US$
Change on year
up 60.3%
World rank
10th
of 176 countries
All-time high
134.41 billion current US$
in 2021
All-time low
3.58 billion current US$
in 1992
Years of data
33
1989–2021

Adjusted savings: net national savings in Australia, 1989–2021

050.0B100.0B150.0B1989200520211989: 27.6B current US$1990: 23.4B current US$1991: 12.1B current US$1992: 3.6B current US$1993: 9.3B current US$1994: 15.8B current US$1995: 15.1B current US$1996: 19.2B current US$1997: 23.7B current US$1998: 20.6B current US$1999: 16.6B current US$2000: 18.6B current US$2001: 15.8B current US$2002: 21.1B current US$2003: 22.9B current US$2004: 31.9B current US$2005: 31.9B current US$2006: 39.9B current US$2007: 44.0B current US$2008: 58.8B current US$2009: 69.3B current US$2010: 67.0B current US$2011: 105.2B current US$2012: 124.7B current US$2013: 113.4B current US$2014: 87.9B current US$2015: 60.1B current US$2016: 36.9B current US$2017: 56.4B current US$2018: 63.4B current US$2019: 65.5B current US$2020: 83.8B current US$2021: 134.4B current US$

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

Australia recorded 134.41 billion current US$ for adjusted savings: net national savings in 2021. That is the highest value across all 33 years on record.

Compared with earlier readings it is up 60.3% on the previous year and up 27.8% over ten years.

Over the whole period, adjusted savings: net national savings in Australia peaked at 134.41 billion current US$ in 2021 and was at its lowest, 3.58 billion current US$, in 1992.

That places Australia 10th out of 176 countries with data for 2021, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 27.64 billion current US$ 27.64 billion current US$ 27.64 billion current US$ 1
1990s 15.94 billion current US$ 3.58 billion current US$ 23.68 billion current US$ 10
2000s 35.41 billion current US$ 15.84 billion current US$ 69.25 billion current US$ 10
2010s 78.05 billion current US$ 36.93 billion current US$ 124.73 billion current US$ 10
2020s 109.12 billion current US$ 83.83 billion current US$ 134.41 billion current US$ 2

Countries ranked near Australia

  1. 7 Indonesia 157.76 billion current US$ compare
  2. 8 France 149.16 billion current US$ compare
  3. 9 Bangladesh 144.69 billion current US$ compare
  4. 11 Canada 130.07 billion current US$ compare
  5. 12 Turkey 124.50 billion current US$ compare
  6. 13 Netherlands 116.72 billion current US$ compare

See the full ranking of 176 places →

More economy & growth data for Australia

All data for Australia →

Frequently asked questions

What is adjusted savings: net national savings in Australia?
Adjusted savings: net national savings in Australia was 134.41 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: net national savings recorded in Australia?
The highest recorded value was 134.41 billion current US$ in 2021.
What is the lowest adjusted savings: net national savings recorded in Australia?
The lowest recorded value was 3.58 billion current US$ in 1992.
How does Australia rank for adjusted savings: net national savings?
Australia ranks 10th out of 176 countries with data for 2021.
Is adjusted savings: net national savings rising or falling in Australia?
Over the last ten years it is up 27.8%. The long-run trend across the full record is volatile.
Where does this Australia data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 33 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Adjusted savings: net national savings (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
176 places, 5,846 data points, 1970–2021
Last refreshed

Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.