24Peaks / Oceania / Australia / MFN Simple Average Tariff (%)

Australia - MFN Simple Average Tariff (%) 2.44

World Bank WITS · updated 2026-10-03 · 180 economies tracked

Latest value

2.44 (2022)

Global rank

##8 of 180 economies

vs global median

0.4×

Growth since 1991

0.12×

Ranking Race — MFN Simple Average Tariff (%)

1 = global #1 · lower value ranks higher

#1#17#33#49#65#8119881993199820032008201320182023#8#82014 overtook Timor-Leste2018 overtook Peru
AustraliaMacao SAR, ChinaSingaporeMauritiusNew Zealand

Real annual global ranks, 1988 - 2023. Australia climbed from #8 to #8 (overtook Timor-Leste). Gaps in a lane = missing data that year.

Key events for Australia ↓

Key Events — Australia

Auto-detected from rank data + curated milestones

2008
Global crisis resilience curated

Avoids recession on the back of China-driven commodity demand.

2014
Overtook Timor-Leste in global rank auto
2018
Overtook Peru in global rank auto
2020
COVID-19 recession curated

First recession in nearly three decades.

MFN Simple Average Tariff (%), 1991-2022

World Bank WITS · % · linear scale · ranking in the race above
199120012011202120222.448.2714.119.94
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