Tariff rate, most favored nation, simple mean, manufactured products in Australia
Australia: Tariff rate, most favored nation, simple mean, manufactured products was 2.9% in 2022. ◆ Volatile
Tariff rate, most favored nation, simple mean, manufactured products in Australia, 1991–2022
Source: Staff estimates. Measured in %.
Analysis
In 2022, tariff rate, most favored nation, simple mean, manufactured products in Australia stood at 2.9%. That is the lowest value across all 29 years on record.
Compared with earlier readings it is down 1.3% on the previous year and down 11.2% over ten years.
Over the whole period, tariff rate, most favored nation, simple mean, manufactured products in Australia peaked at 15.9% in 1991 and was at its lowest, 2.9%, in 2022.
Australia ranks 168th of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tariff rate, most favored nation, simple mean, manufactured products in Australia, year by year
| Year | % | Change |
|---|---|---|
| 1991 | 15.9% | — |
| 1993 | 11.4% | -28.3% |
| 1996 | 7.6% | -33.1% |
| 1997 | 7.3% | -5.0% |
| 1998 | 6.9% | -5.0% |
| 1999 | 6.6% | -4.9% |
| 2000 | 6.2% | -6.2% |
| 2001 | 5.1% | -17.1% |
| 2002 | 5.1% | +0.2% |
| 2003 | 5.1% | +0.0% |
| 2004 | 5.1% | +0.0% |
| 2005 | 4.2% | -18.0% |
| 2006 | 4.2% | +0.5% |
| 2007 | 4.2% | +0.5% |
| 2008 | 4.2% | -0.5% |
| 2009 | 4.2% | +0.2% |
| 2010 | 3.3% | -21.3% |
| 2011 | 3.3% | -1.2% |
| 2012 | 3.3% | +0.6% |
| 2013 | 3.3% | -0.3% |
| 2014 | 3.3% | +0.0% |
| 2015 | 3.0% | -7.9% |
| 2016 | 3.0% | +0.0% |
| 2017 | 3.0% | +0.3% |
| 2018 | 3.0% | +0.0% |
| 2019 | 3.0% | -2.3% |
| 2020 | 3.0% | +0.0% |
| 2021 | 3.0% | +0.0% |
| 2022 | 2.9% | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.3% | 6.6% | 15.9% | 6 |
| 2000s | 4.8% | 4.2% | 6.2% | 10 |
| 2010s | 3.2% | 3.0% | 3.3% | 10 |
| 2020s | 3.0% | 2.9% | 3.0% | 3 |
Countries ranked near Australia
- 165 United States of America 3.7% compare
- 166 Palestine, State of 3.6% compare
- 167 Albania 3.2% compare
- 169 Montenegro 2.8% compare
- 170 Peru 2.8% compare
- 171 United Kingdom of Great Britain and Northern Ireland 2.7% compare
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)
- Food exports 13.7% (2025)
- Manufactures exports 9.8% (2025)
- Merchandise exports 337.58 billion current US$ (2025)
- Merchandise exports (current US$), per capita 12,225 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1877 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -0.9521 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, simple mean, manufactured products in Australia?
- Tariff rate, most favored nation, simple mean, manufactured products in Australia was 2.9% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, simple mean, manufactured products recorded in Australia?
- The highest recorded value was 15.9% in 1991.
- What is the lowest tariff rate, most favored nation, simple mean, manufactured products recorded in Australia?
- The lowest recorded value was 2.9% in 2022.
- How does Australia rank for tariff rate, most favored nation, simple mean, manufactured products?
- Australia ranks 168th out of 186 countries with data for 2022.
- Is tariff rate, most favored nation, simple mean, manufactured products rising or falling in Australia?
- Over the last ten years it is down 11.2%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Staff estimates, published as part of Tariff rate, most favored nation, simple mean, manufactured products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.