24Peaks / Oceania / Australia / Savings Rate and Household Debt Levels

Australia - Savings Rate and Household Debt Levels 22.79

World Bank WDI · updated 2026-10-15 · 180 economies tracked

Latest value

22.79 (2025)

Global rank

##44 of 180 economies

vs global median

1.0×

Growth since 1989

0.86×

Ranking Race — Savings Rate and Household Debt Levels

1 = global #1 · lower value ranks higher

#1#22#43#64#85#106#12719601970198019902000201020202025#69#442024 overtook Albania2025 overtook Romania
AustraliaSAO Tome and PrincipeSudanSeychellesMalawi

Real annual global ranks, 1960 - 2025. Australia climbed from #69 to #44 (overtook Albania). Gaps in a lane = missing data that year.

Key events for Australia ↓

Key Events — Australia

Auto-detected from rank data + curated milestones

1983
Floating of the dollar curated

AUD begins floating; financial deregulation follows.

2008
Global crisis resilience curated

Avoids recession on the back of China-driven commodity demand.

2009
Fell 26 places in global rank auto
2010
Climbed 20 places in global rank auto
2016
Climbed 20 places in global rank auto
2020
Fell 16 places in global rank auto
2020
COVID-19 recession curated

First recession in nearly three decades.

2024
Overtook Albania in global rank auto

Savings Rate and Household Debt Levels, 1989-2025

World Bank WDI · % · linear scale · ranking in the race above
1989199920092019202519.0521.4923.9426.38

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