Australia vs Lao People's Democratic Republic: Tariff rate, applied, weighted mean, manufactured products
Tariff rate, applied, weighted mean, manufactured products over time
- Australia
- Lao People's Democratic Republic
How they compare
Australia currently reports 1.0% against 1.0% in Lao People's Democratic Republic, a difference of 0.0%.
The two have swapped places 3 times across 16 shared years of data; in 2000 it was Lao People's Democratic Republic ahead.
Australia ranks 162nd and Lao People's Democratic Republic ranks 163rd of 184 countries.
Across the 3 decades both report, Australia averaged higher in 1 and Lao People's Democratic Republic in 2.
Head to head by decade
| Decade | Australia | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.6% | 10.3% | 5.7% | Lao People's Democratic Republic |
| 2010s | 1.5% | 1.4% | 0.1% | Australia |
| 2020s | 0.9% | 1.1% | 0.2% | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tariff rate, applied, weighted mean, manufactured products, Australia or Lao People's Democratic Republic?
- Australia, at 1.0% against 1.0% in Lao People's Democratic Republic as of 2022.
- What is the difference in tariff rate, applied, weighted mean, manufactured products between Australia and Lao People's Democratic Republic?
- 0.0%, with Australia ahead.
- How many years of comparable data are there for Australia and Lao People's Democratic Republic?
- 16 years are reported by both, from 2000 to 2022.
- How do Australia and Lao People's Democratic Republic rank globally for tariff rate, applied, weighted mean, manufactured products?
- Australia ranks 162nd and Lao People's Democratic Republic ranks 163rd of 184 countries.
- Where does this data come from?
- Staff estimates, published as Tariff rate, applied, weighted mean, manufactured products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.