{"entity":{"iso2":"AU","iso3":"AUS","name":"Australia","slug":"australia"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"tariff-rate-applied-simple-mean-all-products-percent","source":"Staff estimates","source_url":"https://data.worldbank.org/indicator/TM.TAX.MRCH.SM.AR.ZS","title":"Tariff rate, applied, simple mean, all products (%)","unit":"%"},"observations":[{"date":"1991-01-01","value":20.1},{"date":"1993-01-01","value":9.67},{"date":"1996-01-01","value":7.75},{"date":"1997-01-01","value":7.63},{"date":"1998-01-01","value":6.99},{"date":"1999-01-01","value":6.74},{"date":"2000-01-01","value":6.55},{"date":"2001-01-01","value":5.37},{"date":"2002-01-01","value":5.1},{"date":"2003-01-01","value":5.12},{"date":"2004-01-01","value":5.19},{"date":"2005-01-01","value":4.27},{"date":"2006-01-01","value":3.83},{"date":"2007-01-01","value":3.91},{"date":"2008-01-01","value":4.06},{"date":"2009-01-01","value":4.05},{"date":"2010-01-01","value":2.85},{"date":"2011-01-01","value":2.8},{"date":"2012-01-01","value":2.76},{"date":"2013-01-01","value":2.77},{"date":"2014-01-01","value":2.84},{"date":"2015-01-01","value":2.5},{"date":"2016-01-01","value":2.3},{"date":"2017-01-01","value":2.23},{"date":"2018-01-01","value":2.22},{"date":"2019-01-01","value":2.03},{"date":"2020-01-01","value":1.97},{"date":"2021-01-01","value":1.93},{"date":"2022-01-01","value":2.01}],"summary":{"latest_period":"2022-01-01","latest_value":2.01,"max":20.1,"mean":4.74276,"min":1.93,"of":184,"rank":140,"trend":"volatile"}}