Armenia vs Australia: Bound rate, simple mean, all products
Armenia
8.7%
in 2021
Australia
9.6%
in 2021
Armenia rank
112th
Australia rank
110th
Bound rate, simple mean, all products over time
- Armenia
- Australia
How they compare
Australia currently reports 9.6% against 8.7% in Armenia, a difference of 0.9%.
That makes Australia's figure about 1.1 times Armenia's.
Across all 19 years both countries report, Australia has been ahead every year.
Armenia ranks 112th and Australia ranks 110th of 157 countries.
Australia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Armenia | Australia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 8.4% | 10.0% | 1.5% | Australia |
| 2010s | 8.6% | 9.6% | 1.0% | Australia |
| 2020s | 8.7% | 9.6% | 0.9% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, all products, Armenia or Australia?
- Australia, at 9.6% against 8.7% in Armenia as of 2021.
- What is the difference in bound rate, simple mean, all products between Armenia and Australia?
- 0.9%, with Australia ahead.
- How many years of comparable data are there for Armenia and Australia?
- 19 years are reported by both, from 2003 to 2021.
- How do Armenia and Australia rank globally for bound rate, simple mean, all products?
- Armenia ranks 112th and Australia ranks 110th of 157 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Bound rate, simple mean, all products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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.