Tariff rate, applied, weighted mean, all products in Australia

Australia: Tariff rate, applied, weighted mean, all products was 1.0% in 2022. ◆ Volatile

Latest (2022)
1.0%
Change on year
up 22.2%
World rank
174th
of 184 countries
All-time high
18.6%
in 1991
All-time low
0.7%
in 2020
Years of data
29
1991–2022

Tariff rate, applied, weighted mean, all products in Australia, 1991–2022

051015201991200620221991: 18.6 %1993: 9.8 %1996: 6.8 %1997: 6.8 %1998: 6.5 %1999: 6.1 %2000: 5.8 %2001: 4.8 %2002: 3.7 %2003: 3.7 %2004: 3.7 %2005: 3.1 %2006: 3.4 %2007: 3.5 %2008: 3.1 %2009: 3.7 %2010: 2.8 %2011: 1.8 %2012: 1.8 %2013: 1.8 %2014: 1.9 %2015: 1.9 %2016: 1.2 %2017: 0.89 %2018: 0.86 %2019: 0.77 %2020: 0.71 %2021: 0.81 %2022: 0.99 %

Source: Staff estimates. Measured in %.

Analysis

The most recent figure for tariff rate, applied, weighted mean, all products in Australia is 1.0%, measured in 2022.

That represents a change of up 22.2% on the previous year and down 45.3% over ten years.

Over the whole period, tariff rate, applied, weighted mean, all products in Australia peaked at 18.6% in 1991 and was at its lowest, 0.7%, in 2020.

Australia ranks 174th of 184 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 9.1% 6.1% 18.6% 6
2000s 3.8% 3.1% 5.8% 10
2010s 1.6% 0.8% 2.8% 10
2020s 0.8% 0.7% 1.0% 3

Countries ranked near Australia

  1. 171 Moldova 1.2% compare
  2. 172 Vietnam 1.1% compare
  3. 173 United Kingdom 1.0% compare
  4. 175 Myanmar 0.8% compare
  5. 176 Peru 0.7% compare
  6. 177 Chile 0.5% compare

See the full ranking of 185 places →

More private sector data for Australia

All data for Australia →

Frequently asked questions

What is tariff rate, applied, weighted mean, all products in Australia?
Tariff rate, applied, weighted mean, all products in Australia was 1.0% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, weighted mean, all products recorded in Australia?
The highest recorded value was 18.6% in 1991.
What is the lowest tariff rate, applied, weighted mean, all products recorded in Australia?
The lowest recorded value was 0.7% in 2020.
How does Australia rank for tariff rate, applied, weighted mean, all products?
Australia ranks 174th out of 184 countries with data for 2022.
Is tariff rate, applied, weighted mean, all products rising or falling in Australia?
Over the last ten years it is down 45.3%. The long-run trend across the full record is volatile.
Where does this Australia data come from?
The figures come from Staff estimates, published as part of Tariff rate, applied, weighted mean, all products (%). Statizoid updates them automatically from the source API.

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CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Tariff rate, applied, weighted mean, all products (%)
Unit
%
Source
Staff estimates
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 3,798 data points, 1988–2022
Last refreshed

Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead.