Australia vs China (People’s Republic of): Bound rate, simple mean, all products
Australia
9.6%
in 2021
China (People’s Republic of)
10.0%
in 2021
Australia rank
110th
China (People’s Republic of) rank
108th
Bound rate, simple mean, all products over time
- Australia
- China (People’s Republic of)
How they compare
China (People’s Republic of) currently reports 10.0% against 9.6% in Australia, a difference of 0.4%.
The two have swapped places 2 times across 19 shared years of data; in 2001 it was China (People’s Republic of) ahead.
Australia ranks 110th and China (People’s Republic of) ranks 108th of 157 countries.
China (People’s Republic of) has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Australia | China (People’s Republic of) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 10.0% | 10.0% | 0.0% | China (People’s Republic of) |
| 2010s | 9.6% | 10.0% | 0.3% | China (People’s Republic of) |
| 2020s | 9.6% | 10.0% | 0.4% | China (People’s Republic of) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, all products, Australia or China (People’s Republic of)?
- China (People’s Republic of), at 10.0% against 9.6% in Australia as of 2021.
- What is the difference in bound rate, simple mean, all products between Australia and China (People’s Republic of)?
- 0.4%, with China (People’s Republic of) ahead.
- How many years of comparable data are there for Australia and China (People’s Republic of)?
- 19 years are reported by both, from 2001 to 2021.
- How do Australia and China (People’s Republic of) rank globally for bound rate, simple mean, all products?
- Australia ranks 110th and China (People’s Republic of) ranks 108th 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.