2.8 AUSTRALIA
2020-05-31
According to the International Monetary Fund (IMF), Australia’s GDP in 2019 grew by 1.7% compared with 2018. The VRF market increased by 3.7% year on year, with total market demand at 15,900 units. Demand for residential VRFs has dropped greatly, but demand for commercial VRFs is still increasing, with a growth rate of about 6.7%.
