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Country or Region: Australia › Change country
Economic Indicator: Gross National Savings (% of GDP) › See all Australia indicators, › See Gross National Savings (% of GDP) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Australian Dollar
Currency Symbol: AUD

Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment. Source: National Statistical Office. Australian Bureau of Statistics (via Time Series Plus & dXdata) Latest actual data: 2010 GDP valuation: Market prices. Data refer to calendar years Start/end months of reporting year: July/June Base year: 1999 Chain-weighted: Yes, from 1980. From 1980. Primary domestic currency: Australian dollars Data last updated: 03/2011

Gross National Savings (% of GDP) for Australia in year 2010 is 24.904 %

This makes Australia No. 46 in world rankings according to Gross National Savings (% of GDP) in year 2010. The world's average Gross National Savings (% of GDP) value is 18.64 %; Australia is 6.26 more than the average.

In the previous year, 2009, Gross National Savings (% of GDP) for Australia was 23.61 % Gross National Savings (% of GDP) for Australia in 2010 was or will be 5.47% more than it was or will be in 2009.

In the following or forecasted year, 2011, Gross National Savings (% of GDP) for Australia was or will be 26.88 %, which is 7.95% more than the 2010 figure.