Australia vs New Zealand: Bound rate, simple mean, manufactured products
Bound rate, simple mean, manufactured products over time
- Australia
- New Zealand
How they compare
Australia currently reports 12.1% against 11.3% in New Zealand, a difference of 0.8%.
That makes Australia's figure about 1.1 times New Zealand's.
The two have swapped places 2 times across 25 shared years of data; in 1996 it was Australia ahead.
Australia ranks 97th and New Zealand ranks 98th of 157 countries.
Australia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 11.8% | 11.0% | 0.8% | Australia |
| 2000s | 12.2% | 11.9% | 0.3% | Australia |
| 2010s | 12.2% | 12.1% | 0.0% | Australia |
| 2020s | 12.1% | 11.3% | 0.8% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, manufactured products, Australia or New Zealand?
- Australia, at 12.1% against 11.3% in New Zealand as of 2021.
- What is the difference in bound rate, simple mean, manufactured products between Australia and New Zealand?
- 0.8%, with Australia ahead.
- How many years of comparable data are there for Australia and New Zealand?
- 25 years are reported by both, from 1996 to 2021.
- How do Australia and New Zealand rank globally for bound rate, simple mean, manufactured products?
- Australia ranks 97th and New Zealand ranks 98th of 157 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Bound rate, simple mean, manufactured 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.