Australia vs Canada: Bound rate, simple mean, primary products
Bound rate, simple mean, primary products over time
- Australia
- Canada
How they compare
Canada currently reports 2.7% against 2.4% in Australia, a difference of 0.3%.
That makes Canada's figure about 1.2 times Australia's.
Across all 26 years both countries report, Canada has been ahead every year.
Australia ranks 153rd and Canada ranks 152nd of 157 countries.
Canada has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Canada | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.5% | 2.8% | 0.3% | Canada |
| 2000s | 2.6% | 4.1% | 1.4% | Canada |
| 2010s | 2.4% | 4.8% | 2.3% | Canada |
| 2020s | 2.4% | 2.7% | 0.4% | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, primary products, Australia or Canada?
- Canada, at 2.7% against 2.4% in Australia as of 2021.
- What is the difference in bound rate, simple mean, primary products between Australia and Canada?
- 0.3%, with Canada ahead.
- How many years of comparable data are there for Australia and Canada?
- 26 years are reported by both, from 1996 to 2021.
- How do Australia and Canada rank globally for bound rate, simple mean, primary products?
- Australia ranks 153rd and Canada ranks 152nd of 157 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Bound rate, simple mean, primary 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).