GDP Constant Prices in Australia increased to 461547 AUD Million in the fourth quarter of 2018 from 460729 AUD Million in the third quarter of 2018. GDP Constant Prices in Australia averaged 215449.26 AUD Million from 1959 until 2018, reaching an all time high of 461547 AUD Million in the fourth quarter of 2018 and a record low of 62496 AUD Million in the third quarter of 1959.
GDP Constant Prices in Australia is expected to be 461737.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Constant Prices in Australia to stand at 472348.00 in 12 months time. In the long-term, the Australia GDP Constant Prices is projected to trend around 495292.00 AUD Million in 2020, according to our econometric models.