Household Saving Rate in Australia decreased to 9.70 percent in the second quarter of 2021 from 11.60 percent in the first quarter of 2021. source: Australian Bureau of Statistics

Personal Savings in Australia averaged 9.58 percent from 1959 until 2021, reaching an all time high of 22 percent in the second quarter of 2020 and a record low of -1.70 percent in the fourth quarter of 2002. This page provides - Australia Households Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Household Saving Ratio - values, historical data and charts - was last updated on November of 2021.

Personal Savings in Australia is expected to be 9.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Household Saving Ratio is projected to trend around 8.00 percent in 2022 and 6.00 percent in 2023, according to our econometric models.

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Australia Household Saving Ratio


Related Last Previous Unit Reference
Retail Sales MoM 4.90 1.30 percent Oct/21
Retail Sales YoY -0.70 -3.10 percent Aug/21
Consumer Spending 271490.00 268445.00 AUD Million Jun/21
Disposable Personal Income 341835.00 342480.00 AUD Million Jun/21
Personal Savings 9.70 11.60 percent Jun/21
Australia Household Saving Ratio
In Australia, Households Savings correspond to the ratio of household income saved to household net disposable income during a certain period of time.