Household Saving Rate in Australia decreased to 6.90 percent in the third quarter of 2022 from 8.70 percent in the second quarter of 2022. source: Australian Bureau of Statistics

Personal Savings in Australia averaged 9.49 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 February of 2023.

Personal Savings in Australia is expected to be 6.00 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 10.00 percent in 2024 and 8.20 percent in 2025, according to our econometric models.

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Australia Household Saving Ratio



Related Last Previous Unit Reference
Retail Sales MoM -3.90 1.70 percent Dec 2022
Retail Sales YoY 7.50 7.70 percent Dec 2022
Consumer Spending 287242.00 284045.00 AUD Million Sep 2022
Disposable Personal Income 369298.00 363467.00 AUD Million Sep 2022
Personal Savings 6.90 8.70 percent Sep 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
6.90 8.70 23.60 -2.30 1959 - 2022 percent Quarterly
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