GDP Constant Prices in Australia increased to 477294 AUD Million in the third quarter of 2019 from 475208 AUD Million in the second quarter of 2019. GDP Constant Prices in Australia averaged 223042.63 AUD Million from 1959 until 2019, reaching an all time high of 477294 AUD Million in the third quarter of 2019 and a record low of 63799 AUD Million in the third quarter of 1959. source: Australian Bureau of Statistics
GDP Constant Prices in Australia is expected to be 477971.00 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 488749.00 in 12 months time. In the long-term, the Australia GDP Constant Prices is projected to trend around 513492.00 AUD Million in 2020, according to our econometric models.