Australia vs Norway: Bound rate, simple mean, primary products
Australia
2.4%
in 2021
Norway
0.6%
in 2021
Australia rank
153rd
Norway rank
154th
Bound rate, simple mean, primary products over time
- Australia
- Norway
How they compare
Australia currently reports 2.4% against 0.6% in Norway, a difference of 1.8%.
That makes Australia's figure about 4.2 times Norway's.
The two have swapped places 2 times across 26 shared years of data; in 1996 it was Australia ahead.
Globally, Australia ranks 153rd and Norway ranks 154th of 157 countries.
Individual pages
About this data
Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).