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Household Net Savings Rates, % (U.S. vs. Australia)

By Grizzo on Apr 13, 2007
Viewed 4960 times

Graph Table Map More Options

Time Scale	Data Aggregation
Yearly	Average High Low Total Count Distinct None

Year	Australia	United States

2005		-0.4
2004	-3.7	1.9
2003	-3.2	2.4
2002	-2.3	2.5
2001	1.2	1.8
1999	1.9	2.5
1998	2.0	4.5
2000	2.4	2.4
1997	2.9	3.7
1991	5.1	7.5
1992	6.1	7.6
1994	6.1	5.3
1996	6.4	4.2
1990	6.6	7.2
1993	6.7	6.1
1987	6.7	7.2
1995	6.7	5.1
1988	7.3	7.5
1986	8.6	8.5
1989	8.7	7.4
1985	10.4	9.3
1982	11.4	11.5
1971	11.5	10.4
1970	11.6	9.7
1984	12.4	11.2
1983	12.8	9.2
1981	13.0	11.2
1980	13.2	10.3
1979	13.7	9.1
1972	13.7	9.1
1977	13.9	8.9
1976	14.5	9.6
1978	14.6	9.1
1975	15.0	10.8
1973	16.4	10.8
1974	16.8	10.8
more...	more...	more...

Bling Compare

Sources: OECD Factbook 2007: Economic, Environmental and Social Statistics - ISBN 92-64-02946-X - (http://miranda.sourceoecd.o...)

Born to shop? Australia (purple) and the U.S. (blue) have seen sharp declines in net savings rates over the last 25 years. Check to see if your favorite country is covered in this data set loaded by the OECD. —Grizzo

Comments (4)

Anonymous says

would be interesting to see this against credit card market penetration rates

posted about 1 year ago

Keith says

A definition of savings would be nice to see. For instance, some measures of savings don't include the money that accumulates in the main US retirement program called the 401K. The money that goes into the program is counted but not the appreciation once it is invested. This is a huge part of people's portfolios in the US and it is why I am always sceptical about graphs like these.

posted about 1 year ago

huned

huned says

Hey Keith, check out the source link just under the graph. It says that here, savings means "household disposable income". So, probably doesn't include 401(k) accounts.

Check out the data set on retirement savings in the United States. http://www.swivel.com/data_...

posted about 1 year ago

Rajiv says

It does not include 401(k), pensions and Social Security. Hence sometimes comparing savings rate across various countries is like comparing apples and oranges.

posted about 1 year ago