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 August 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.

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Australia Household Saving Ratio

Related Last Previous Unit Reference
Retail Sales MoM 0.20 0.70 percent Jun 2022
Retail Sales YoY 12.00 10.40 percent Jun 2022
Consumer Spending 279204.00 275103.00 AUD Million Mar 2022
Disposable Personal Income 361506.00 359612.00 AUD Million Mar 2022
Personal Savings 11.40 13.60 percent Mar 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
11.40 13.60 23.60 -2.30 1959 - 2022 percent Quarterly
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