GDP Deflator in Australia increased to 104.92 points in the first quarter of 2021 from 103.22 points in the fourth quarter of 2020. source: Australian Bureau of Statistics

GDP Deflator in Australia averaged 46.44 points from 1959 until 2021, reaching an all time high of 104.92 points in the first quarter of 2021 and a record low of 6.01 points in the third quarter of 1959. This page provides - Australia GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia GDP Deflator - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.

GDP Deflator in Australia is expected to be 105.35 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 105.33 in 12 months time. In the long-term, the Australia GDP Deflator is projected to trend around 107.75 points in 2022 and 110.02 points in 2023, according to our econometric models.

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Australia GDP Deflator

Actual Previous Highest Lowest Dates Unit Frequency
104.92 103.22 104.92 6.01 1959 - 2021 points Quarterly
2018-19=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-09-02 01:30 AM Q2 -0.6% 1.1%
2020-12-02 12:30 AM Q3 0.4% -0.4%
2021-03-03 12:30 AM Q4 1.1% 0.6%
2021-06-02 01:30 AM Q1 1.6% 1.1% 0.6%

Australia Prices Last Previous Highest Lowest Unit
Inflation Rate 1.10 0.90 23.90 -1.30 percent [+]
Inflation Rate Mom 0.60 0.90 7.55 -1.90 percent [+]
Consumer Price Index CPI 117.90 117.20 117.90 4.20 points [+]
Core Consumer Prices 118.36 117.99 118.36 75.45 points [+]
Core Inflation Rate 1.10 1.20 10.70 1.10 percent [+]
GDP Deflator 104.92 103.22 104.92 6.01 points [+]
Producer Prices 112.80 112.30 112.80 70.70 points [+]
Producer Prices Change 0.20 -0.10 6.30 -1.50 percent [+]
Export Prices 121.30 109.10 121.30 16.30 points [+]
Import Prices 106.10 105.90 116.30 51.50 points [+]
Food Inflation 0.70 2.30 20.60 -3.20 percent [+]
Inflation Expectations 4.40 3.50 8.60 2.80 percent [+]
CPI Housing Utilities 120.90 120.80 122.30 10.30 points [+]
CPI Transportation 106.90 103.60 108.60 11.30 points [+]


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.