GDP Deflator in Australia increased to 105.43 Index Points in the third quarter of 2019 from 104.75 Index Points in the second quarter of 2019. Australia GDP Deflator - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

GDP Deflator in Australia averaged 46.57 Index Points from 1959 until 2019, reaching an all time high of 105.43 Index Points in the third quarter of 2019 and a record low of 6.22 Index Points in the third quarter of 1959. This page provides - Australia GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Australian Bureau of Statistics

GDP Deflator in Australia is expected to be 106.03 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Deflator in Australia to stand at 107.43 in 12 months time. In the long-term, the Australia GDP Deflator is projected to trend around 109.48 points in 2021 and 111.56 points in 2022, according to our econometric models.

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Australia GDP Deflator

Actual Previous Highest Lowest Dates Unit Frequency
105.43 104.75 105.43 6.22 1959 - 2019 points Quarterly
2016-2017=100, SA

Calendar GMT Actual Previous Consensus TEForecast
2019-03-06 12:30 AM Q4 1% 0.7%
2019-06-05 01:30 AM Q1 1% 1%
2019-09-04 01:30 AM Q2 0.7% 1.1%
2019-12-04 12:30 AM Q3 0.7% 0.9%

Australia GDP Deflator
In Australia, implicit price deflator (IPD) is obtained by dividing a current price value by its real counterpart (the chain volume measure). When calculated from the major national accounting aggregates, such as gross domestic product, IPDs relate to a broader range of goods and services in the economy than that represented by any of the individual price indexes published by the Australian Bureau of Statistics. Movements in an implicit price deflator reflect both changes in price and changes in the composition of the aggregate for which the deflator is calculated.