Australia vs United States: Bound rate, simple mean, primary products
Bound rate, simple mean, primary products over time
- Australia
- United States
How they compare
United States currently reports 4.2% against 2.4% in Australia, a difference of 1.8%.
That makes United States's figure about 1.8 times Australia's.
Across all 26 years both countries report, United States has been ahead every year.
Australia ranks 153rd and United States ranks 151st of 157 countries.
United States has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | United States | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.5% | 4.1% | 1.6% | United States |
| 2000s | 2.6% | 3.5% | 0.9% | United States |
| 2010s | 2.4% | 3.6% | 1.2% | United States |
| 2020s | 2.4% | 4.2% | 1.9% | United States |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, primary products, Australia or United States?
- United States, at 4.2% against 2.4% in Australia as of 2021.
- What is the difference in bound rate, simple mean, primary products between Australia and United States?
- 1.8%, with United States ahead.
- How many years of comparable data are there for Australia and United States?
- 26 years are reported by both, from 1996 to 2021.
- How do Australia and United States rank globally for bound rate, simple mean, primary products?
- Australia ranks 153rd and United States ranks 151st 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).