Financial soundness indicators in Australia

Australia: Financial soundness indicators was 1.0% in 2023. ▼ Falling

Latest (2023)
1.0%
Change on year
down 25.0%
World rank
125th
of 146 countries
All-time high
1.6%
in 2006
All-time low
0.0%
in 2010
Years of data
18
2006–2023

Financial soundness indicators in Australia, 2006–2023

00.511.52006201420232006: 1.6 %2007: 1.3 %2008: 1.4 %2009: 0.91 %2010: 0.03 %2011: 1.2 %2012: 1.3 %2013: 1.5 %2014: 1.3 %2015: 1.5 %2016: 0.82 %2017: 1.2 %2018: 1.4 %2019: 1 %2020: 0.33 %2021: 0.99 %2022: 1.3 %2023: 0.99 %

Source: International Monetary Fund – processed by Our World in Data. Measured in %.

Analysis

In 2023, financial soundness indicators in Australia stood at 1.0%.

That represents a change of down 25.0% on the previous year and down 34.4% over ten years.

Over the whole period, financial soundness indicators in Australia peaked at 1.6% in 2006 and was at its lowest, 0.0%, in 2010.

That places Australia 125th out of 146 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 18 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.3% 0.9% 1.6% 4
2010s 1.1% 0.0% 1.5% 10
2020s 0.9% 0.3% 1.3% 4

Countries ranked near Australia

  1. 122 Costa Rica 1.0% compare
  2. 123 Hong Kong 1.0% compare
  3. 124 Saint Kitts and Nevis 1.0% compare
  4. 125 Cambodia 1.0% compare
  5. 127 Netherlands 0.9% compare
  6. 128 Dominica 0.9% compare

See the full ranking of 146 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is financial soundness indicators in Australia?
Financial soundness indicators in Australia was 1.0% in 2023, according to International Monetary Fund – processed by Our World in Data.
What is the highest financial soundness indicators recorded in Australia?
The highest recorded value was 1.6% in 2006.
What is the lowest financial soundness indicators recorded in Australia?
The lowest recorded value was 0.0% in 2010.
How does Australia rank for financial soundness indicators?
Australia ranks 125th out of 146 countries with data for 2023.
Is financial soundness indicators rising or falling in Australia?
Over the last ten years it is down 34.4%. The long-run trend across the full record is falling.
Where does this Australia data come from?
The figures come from International Monetary Fund – processed by Our World in Data, published as part of Financial soundness indicators. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Financial soundness indicators
Unit
%
Source
International Monetary Fund – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
146 places, 2,107 data points, 2001–2024
Last refreshed

Return on assets (%)