Gross National Product in Australia increased to 458418 AUD Million in the first quarter of 2019 from 454294 AUD Million in the fourth quarter of 2018. Gross National Product in Australia averaged 201533.79 AUD Million from 1959 until 2019, reaching an all time high of 458418 AUD Million in the first quarter of 2019 and a record low of 56544 AUD Million in the third quarter of 1959.
Gross National Product in Australia is expected to be 452398.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross National Product in Australia to stand at 464078.00 in 12 months time. In the long-term, the Australia Gross National Income is projected to trend around 486146.00 AUD Million in 2020, according to our econometric models.