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.

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Australia GDP Constant Prices

Actual Previous Highest Lowest Dates Unit Frequency
477294.00 475208.00 477294.00 63799.00 1959 - 2019 AUD Million Quarterly
Constant Prices 2016-2017, SA

Australia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.40 0.60 4.40 -2.00 percent [+]
GDP Annual Growth Rate 1.70 1.60 9.00 -3.40 percent [+]
GDP 1432.20 1330.80 1576.20 18.60 USD Billion [+]
GDP Constant Prices 477294.00 475208.00 477294.00 63799.00 AUD Million [+]
Gross National Product 474787.00 470562.00 474787.00 57487.00 AUD Million [+]
Gross Fixed Capital Formation 109237.00 109413.00 119585.00 10212.00 AUD Million [+]
GDP per capita 56919.40 56228.80 56919.40 19245.40 USD [+]
GDP per capita PPP 45439.30 44888.00 45439.30 27969.40 USD [+]
GDP From Agriculture 9841.00 10057.00 12334.00 3879.00 AUD Million [+]
GDP From Construction 33758.00 33604.00 37168.00 8565.00 AUD Million [+]
GDP From Manufacturing 25840.00 25986.00 30744.00 16320.00 AUD Million [+]
GDP From Mining 41963.00 41672.00 41963.00 5545.00 AUD Million [+]
GDP From Public Administration 25206.00 24918.00 25206.00 7996.00 AUD Million [+]
GDP From Utilities 11521.00 11550.00 11693.00 4004.00 AUD Million [+]