Household Saving Rate in Australia remained unchanged at 0.60 percent in the second quarter of 2024 from 0.60 percent in the first quarter of 2024. Personal Savings in Australia averaged 9.29 percent from 1959 until 2024, reaching an all time high of 24.10 percent in the second quarter of 2020 and a record low of -2.40 percent in the second quarter of 2006. source: Australian Bureau of Statistics
Personal Savings in Australia is expected to be 4350.00 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 5.90 percent in 2025 and 6.00 percent in 2026, according to our econometric models.