Asset-backed pensions - main database — Net technical provisions in Australia
Australia: Asset-backed pensions - main database — Net technical provisions was 8.49 Percentage change in 2023. ◆ Volatile
Asset-backed pensions - main database — Net technical provisions in Australia, 2005–2023
Source: Organisation for Economic Co-operation and Development. Measured in Percentage change.
Analysis
The most recent figure for asset-backed pensions - main database — net technical provisions in Australia is 8.49 Percentage change, measured in 2023.
Compared with earlier readings it is up 1,231.9% on the previous year and down 44.7% over ten years.
Over the whole period, asset-backed pensions - main database — net technical provisions in Australia peaked at 35.56 Percentage change in 2020 and was at its lowest, -5.91 Percentage change, in 2009.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.24 Percentage change | -5.91 Percentage change | 22.85 Percentage change | 5 |
| 2010s | 11.19 Percentage change | 3.37 Percentage change | 25.58 Percentage change | 10 |
| 2020s | 14.7 Percentage change | -0.75 Percentage change | 35.56 Percentage change | 4 |
Countries ranked near Australia
More public sector data for Australia
- Arms imports 983.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 36.15 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0006 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 159.37 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 983.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 49.27 SIPRI trend indicator values per square kilometre (2023)
- Tax revenue 23.6% (2022)
- Capital stock, General government, Current prices, Domestic currency 816.85 (2019)
- Taxes on income, profits and capital gains 67.9% (2022)
- Capital stock, General government, Constant prices, Percent of GDP 41.59 (2019)
Frequently asked questions
- What is asset-backed pensions - main database — net technical provisions in Australia?
- Asset-backed pensions - main database — net technical provisions in Australia was 8.49 Percentage change in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest asset-backed pensions - main database — net technical provisions recorded in Australia?
- The highest recorded value was 35.56 Percentage change in 2020.
- What is the lowest asset-backed pensions - main database — net technical provisions recorded in Australia?
- The lowest recorded value was -5.91 Percentage change in 2009.
- How does Australia rank for asset-backed pensions - main database — net technical provisions?
- Australia ranks 5th out of 19 countries with data for 2023.
- Is asset-backed pensions - main database — net technical provisions rising or falling in Australia?
- Over the last ten years it is down 44.7%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Asset-backed pensions - main database — Net technical provisions. Statizoid updates them automatically from the source API.
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About this data
This database on asset-backed pensions is based on data collected through the OECD Global Pension Statistics exercise. Data come from various administrative sources, mainly: pension supervisory authorities, financial market authorities, ministries of finance, or national statistical offices. Data cover all asset-backed pension arrangements where assets are accumulated to back future benefit payments, except reserves of public (pay-as-you-go) pension arrangements. Asset-backed pension plans may be financed through different vehicles (such as pension funds, pension insurance contracts, bank or investment company managed funds), publicly or privately administered, mandatory or voluntary, occupational or personal, defined benefit (DB) or defined contribution (DC), for public or private-sector workers. Employers’ book reserves are also in the scope. This database includes various statistics and indicators on asset-backed pensions such as the amount of assets earmarked for retirement, the liabilities of pension providers, their revenues, their expenditure, the number of funds and plans, as well as plan membership. These statistics and indicators can be split by type of financing vehicle and type of plan.