Terms of Trade in Australia increased to 97.40 Index Points in the first quarter of 2019 from 92.70 Index Points in the fourth quarter of 2018. Terms of Trade in Australia averaged 65.54 Index Points from 1981 until 2019, reaching an all time high of 106.40 Index Points in the third quarter of 2011 and a record low of 47.50 Index Points in the second quarter of 1999.
Terms of Trade in Australia is expected to be 87.90 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Terms of Trade in Australia to stand at 88.45 in 12 months time. In the long-term, the Australia Terms of Trade is projected to trend around 90.76 Index Points in 2020, according to our econometric models.