Australia - Tariff Rate, Most Favored Nation, Simple Mean, All Products

Tariff rate, most favored nation, simple mean, all products (%) in Australia was reported at 2.45 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Australia - Tariff rate, most favored nation, simple mean, all products - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2023.


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australia tariff rate most favored nation simple mean all products percent wb 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.


Australia | World Bank Development Indicators