Bound rate, simple mean, all products in Grenada
Grenada: Bound rate, simple mean, all products was 56.6% in 2022. ▬ Flat
Bound rate, simple mean, all products in Grenada, 1996–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for bound rate, simple mean, all products in Grenada is 56.6%, measured in 2022. That is the lowest value across all 17 years on record.
The figure is down 1.2% on the previous year and unchanged over ten years.
Over the whole period, bound rate, simple mean, all products in Grenada peaked at 57.3% in 2015 and was at its lowest, 56.6%, in 2010.
Grenada ranks 34th of 157 countries on this measure, in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 56.8% | 56.8% | 56.8% | 2 |
| 2000s | 56.8% | 56.8% | 56.8% | 7 |
| 2010s | 56.9% | 56.6% | 57.3% | 7 |
| 2020s | 56.6% | 56.6% | 56.6% | 1 |
Countries ranked near Grenada
More private sector data for Grenada
- Merchandise exports 35.00 million current US$ (2025)
- Manufactures exports 28.6% (2024)
- Food exports 69.1% (2024)
- Merchandise imports 653.00 million current US$ (2025)
- Manufactures imports 56.2% (2024)
- Food imports 24.2% (2024)
- Merchandise trade 48.4% (2025)
- Commercial service exports 754.40 million current US$ (2025)
- Transport services 25.0% (2025)
- Computer, communications and other services 58.6% (2025)
Frequently asked questions
- What is bound rate, simple mean, all products in Grenada?
- Bound rate, simple mean, all products in Grenada was 56.6% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Grenada?
- The highest recorded value was 57.3% in 2015.
- What is the lowest bound rate, simple mean, all products recorded in Grenada?
- The lowest recorded value was 56.6% in 2010.
- How does Grenada rank for bound rate, simple mean, all products?
- Grenada ranks 34th out of 157 countries with data for 2022.
- Is bound rate, simple mean, all products rising or falling in Grenada?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Grenada data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Bound rate, simple mean, all products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 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.