Household Saving Rate in Australia decreased to 11.40 percent in the first quarter of 2022 from 13.60 percent in the fourth quarter of 2021. source: Australian Bureau of Statistics
Personal Savings in Australia averaged 9.50 percent from 1959 until 2022, reaching an all time high of 23.60 percent in the second quarter of 2020 and a record low of -2.30 percent in the second quarter of 2006. 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 June of 2022.
Personal Savings in Australia is expected to be 8.30 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 2023 and 6.00 percent in 2024, according to our econometric models.