Household Saving Rate in Australia decreased to 1 percent in the second quarter of 2018 from 2.10 percent in the first quarter of 2018. Personal Savings in Australia averaged 9.80 percent from 1959 until 2018, reaching an all time high of 20.60 percent in the third quarter of 1973 and a record low of -0.70 percent in the fourth quarter of 2002.

Personal Savings in Australia is expected to be 1.44 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Savings in Australia to stand at 1.51 in 12 months time. In the long-term, the Australia Household Saving Ratio is projected to trend around 1.56 percent in 2020, according to our econometric models.

Australia Household Saving Ratio
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Australia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 104.30 101.50 123.94 64.61 Index Points [+]
Retail Sales MoM 0.20 0.30 8.10 -10.60 percent [+]
Retail Sales YoY 3.50 3.30 12.70 1.90 percent [+]
Consumer Spending 258440.00 256756.00 258440.00 33014.00 AUD Million [+]
Disposable Personal Income 298813.00 297957.00 298813.00 3108.00 AUD Million [+]
Personal Savings 1.00 2.10 20.60 -0.70 percent [+]
Consumer Credit 2783.41 2769.09 2783.41 35.83 AUD Billion [+]
Private Sector Credit 0.40 0.50 2.70 -0.50 percent [+]
Households Debt To GDP 122.20 121.70 122.50 34.20 percent of GDP [+]
Bank Lending Rate 8.65 8.65 20.50 8.10 percent [+]
Gasoline Prices 1.14 1.13 1.67 0.46 USD/Liter [+]
Consumer Confidence Current Conditions 102.19 99.24 131.41 70.47 [+]
Consumer Confidence Economic Expectations 92.87 94.23 127.29 59.25 [+]
Consumer Confidence Financial Expectations 98.41 102.77 124.40 79.00 [+]
Consumer Confidence Major Purchases Expectations 122.03 117.09 154.86 71.04 [+]


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. This page provides - Australia Households Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Household Saving Ratio - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.00 2.10 20.60 -0.70 1959 - 2018 percent Quarterly
Current Prices, SA




Country Last
Australia 1.00 Jun/18
Canada 3.40 Jun/18
China 0.35 Dec/18
Euro Area 12.08 Jun/18
France 14.32 Jun/18
Germany 10.20 Jun/18
India 26099.21 Dec/16
Italy 8.60 Jun/18
Japan 12.50 Sep/18
Mexico 21.50 Dec/17
Netherlands 24.60 Jun/18
South Africa 0.40 Jun/18
South Korea 8.80 Dec/17
Spain 12.45 Jun/18
Switzerland 13.50 Dec/17
United Kingdom 4.40 Jun/18
United States 6.20 Sep/18


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