GDP Constant Prices in Australia increased to 465885 AUD Million in the second quarter of 2019 from 463653 AUD Million in the first quarter of 2019. GDP Constant Prices in Australia averaged 217529.94 AUD Million from 1959 until 2019, reaching an all time high of 465885 AUD Million in the second quarter of 2019 and a record low of 62496 AUD Million in the third quarter of 1959.
GDP Constant Prices in Australia is expected to be 470244.00 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 474577.00 in 12 months time. In the long-term, the Australia GDP Constant Prices is projected to trend around 495133.00 AUD Million in 2020, according to our econometric models.