Household Saving Rate in Australia increased to 4.80 percent in the third quarter of 2019 from 2.30 percent in the second quarter of 2019. Australia Household Saving Ratio - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Personal Savings in Australia averaged 9.45 percent from 1959 until 2019, reaching an all time high of 20.40 percent in the third quarter of 1973 and a record low of -1.90 percent in the fourth quarter of 2002. This page provides - Australia Households Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Australian Bureau of Statistics

Personal Savings in Australia is expected to be 2.10 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 2.00 in 12 months time. In the long-term, the Australia Household Saving Ratio is projected to trend around 1.60 percent in 2021, according to our econometric models.

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Australia Household Saving Ratio

Actual Previous Highest Lowest Dates Unit Frequency
4.80 2.30 20.40 -1.90 1959 - 2019 percent Quarterly
Current Prices, SA

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.