{"entity":{"iso2":"AU","iso3":"AUS","name":"Australia","slug":"australia"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"tariff-rate-applied-weighted-mean-all-products-percent","source":"Staff estimates","source_url":"https://data.worldbank.org/indicator/TM.TAX.MRCH.WM.AR.ZS","title":"Tariff rate, applied, weighted mean, all products (%)","unit":"%"},"observations":[{"date":"1991-01-01","value":18.56},{"date":"1993-01-01","value":9.75},{"date":"1996-01-01","value":6.81},{"date":"1997-01-01","value":6.82},{"date":"1998-01-01","value":6.49},{"date":"1999-01-01","value":6.1},{"date":"2000-01-01","value":5.83},{"date":"2001-01-01","value":4.8},{"date":"2002-01-01","value":3.69},{"date":"2003-01-01","value":3.74},{"date":"2004-01-01","value":3.69},{"date":"2005-01-01","value":3.07},{"date":"2006-01-01","value":3.38},{"date":"2007-01-01","value":3.45},{"date":"2008-01-01","value":3.15},{"date":"2009-01-01","value":3.67},{"date":"2010-01-01","value":2.8},{"date":"2011-01-01","value":1.77},{"date":"2012-01-01","value":1.81},{"date":"2013-01-01","value":1.84},{"date":"2014-01-01","value":1.91},{"date":"2015-01-01","value":1.9},{"date":"2016-01-01","value":1.18},{"date":"2017-01-01","value":0.89},{"date":"2018-01-01","value":0.86},{"date":"2019-01-01","value":0.77},{"date":"2020-01-01","value":0.71},{"date":"2021-01-01","value":0.81},{"date":"2022-01-01","value":0.99}],"summary":{"latest_period":"2022-01-01","latest_value":0.99,"max":18.56,"mean":3.83586,"min":0.71,"of":184,"rank":174,"trend":"volatile"}}