Bound rate, simple mean, manufactured products (%) in Australia
Australia: Bound rate, simple mean, manufactured products (%) was 12.1% in 2021. ▬ Flat
Bound rate, simple mean, manufactured products in Australia, 1996–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
Australia recorded 12.1% for bound rate, simple mean, manufactured products in 2021.
Compared with earlier readings it is down 1.1% over ten years.
Over the whole period, bound rate, simple mean, manufactured products in Australia peaked at 12.3% in 2002 and was at its lowest, 11.8%, in 1996.
That places Australia 97th out of 157 countries with data for 2021, putting it in the middle of the range.
Bound rate, simple mean, manufactured products (%) in Australia, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 11.8% | — |
| 1997 | 11.8% | +0.0% |
| 1998 | 11.8% | +0.0% |
| 1999 | 11.8% | +0.0% |
| 2000 | 11.8% | +0.0% |
| 2001 | 11.8% | +0.0% |
| 2002 | 12.3% | +4.1% |
| 2003 | 12.3% | +0.0% |
| 2004 | 12.3% | +0.0% |
| 2005 | 12.3% | +0.0% |
| 2006 | 12.3% | +0.0% |
| 2007 | 12.2% | -0.7% |
| 2008 | 12.2% | +0.0% |
| 2009 | 12.2% | +0.0% |
| 2010 | 12.2% | +0.0% |
| 2011 | 12.2% | +0.0% |
| 2012 | 12.2% | +0.2% |
| 2013 | 12.2% | +0.0% |
| 2014 | 12.2% | +0.0% |
| 2015 | 12.0% | -2.0% |
| 2016 | 12.0% | +0.0% |
| 2017 | 12.1% | +0.6% |
| 2018 | 12.1% | +0.0% |
| 2019 | 12.1% | +0.0% |
| 2020 | 12.1% | +0.0% |
| 2021 | 12.1% | +0.0% |
Australia compared with similar countries
- Australia's 12.1% is above the median for high income countries, which is 4.0%, 3.0× the median. (58 countries reporting)
- Australia's 12.1% is below the median for East Asia & Pacific, which is 17.3%, 70% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.8% | 11.8% | 11.8% | 4 |
| 2000s | 12.2% | 11.8% | 12.3% | 10 |
| 2010s | 12.1% | 12.0% | 12.2% | 10 |
| 2020s | 12.1% | 12.1% | 12.1% | 2 |
Countries ranked near Australia
More private sector data for Australia
- Merchandise trade 36.0% (2025)
- Food imports 6.5% (2025)
- Manufactures imports 74.3% (2025)
- Merchandise imports 310.63 billion current US$ (2025)
- Commercial service imports 114.67 billion current US$ (2025)
- Food exports 13.7% (2025)
- Manufactures exports 9.8% (2025)
- Merchandise exports 337.58 billion current US$ (2025)
- Commercial service exports 90.90 billion current US$ (2025)
- Merchandise exports (current US$), per capita 12,225 current US$ per person (2025)
Frequently asked questions
- What is bound rate, simple mean, manufactured products in Australia?
- Bound rate, simple mean, manufactured products in Australia was 12.1% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, manufactured products recorded in Australia?
- The highest recorded value was 12.3% in 2002.
- What is the lowest bound rate, simple mean, manufactured products recorded in Australia?
- The lowest recorded value was 11.8% in 1996.
- How does Australia rank for bound rate, simple mean, manufactured products?
- Australia ranks 97th out of 157 countries with data for 2021.
- Is bound rate, simple mean, manufactured products rising or falling in Australia?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is flat.
- Where does this Australia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Bound rate, simple mean, manufactured products (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.