Bound rate, simple mean, manufactured products in Grenada
Grenada: Bound rate, simple mean, manufactured products was 50.6% in 2022. ▬ Flat
Bound rate, simple mean, manufactured products in Grenada, 1996–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2022, bound rate, simple mean, manufactured products in Grenada stood at 50.6%. That is the lowest value across all 17 years on record.
Compared with earlier readings it is unchanged over ten years.
Over the whole period, bound rate, simple mean, manufactured products in Grenada peaked at 50.9% in 1999 and was at its lowest, 50.6%, in 2010.
Grenada ranks 28th of 157 countries on this measure, in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 50.8% | 50.8% | 50.9% | 2 |
| 2000s | 50.9% | 50.9% | 50.9% | 7 |
| 2010s | 50.6% | 50.6% | 50.6% | 7 |
| 2020s | 50.6% | 50.6% | 50.6% | 1 |
Countries ranked near Grenada
- 25 Belize 51.9% compare
- 26 Trinidad and Tobago 51.9% compare
- 27 Dominica 50.6% compare
- 29 Guyana 50.5% compare
- 30 Guinea-Bissau 49.9% compare
- 31 Sierra Leone 48.2% compare
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, manufactured products in Grenada?
- Bound rate, simple mean, manufactured products in Grenada was 50.6% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, manufactured products recorded in Grenada?
- The highest recorded value was 50.9% in 1999.
- What is the lowest bound rate, simple mean, manufactured products recorded in Grenada?
- The lowest recorded value was 50.6% in 2010.
- How does Grenada rank for bound rate, simple mean, manufactured products?
- Grenada ranks 28th out of 157 countries with data for 2022.
- Is bound rate, simple mean, manufactured 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, manufactured products (%). Statizoid updates them automatically from the source API.
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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.