Tariff rate, applied, simple mean, manufactured products in Grenada

Grenada: Tariff rate, applied, simple mean, manufactured products was 11.8% in 2022. ▼ Falling

Latest (2022)
11.8%
Change on year
up 27.2%
World rank
37th
of 184 countries
All-time high
20.9%
in 1996
All-time low
8.9%
in 2010
Years of data
17
1996–2022

Tariff rate, applied, simple mean, manufactured products in Grenada, 1996–2022

051015201996200920221996: 20.9 %1999: 17.6 %2000: 11.7 %2001: 17.5 %2002: 12 %2003: 11.9 %2006: 10 %2007: 10 %2008: 10.1 %2010: 8.9 %2011: 11.1 %2012: 10.5 %2013: 10.3 %2015: 9.9 %2016: 10 %2019: 9.2 %2022: 11.8 %

Source: Staff estimates. Measured in %.

Analysis

Grenada recorded 11.8% for tariff rate, applied, simple mean, manufactured products in 2022.

The figure is up 27.2% on the previous year and up 11.5% over ten years.

Over the whole period, tariff rate, applied, simple mean, manufactured products in Grenada peaked at 20.9% in 1996 and was at its lowest, 8.9%, in 2010.

That places Grenada 37th out of 184 countries with data for 2022, putting it in the top quarter.

The long-run direction has been consistently falling across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 19.3% 17.6% 20.9% 2
2000s 11.9% 10.0% 17.5% 7
2010s 10.0% 8.9% 11.1% 7
2020s 11.8% 11.8% 11.8% 1

Countries ranked near Grenada

  1. 34 Cambodia 12.0% compare
  2. 35 Burundi 11.9% compare
  3. 36 Nigeria 11.8% compare
  4. 38 Mali 11.6% compare
  5. 39 Democratic Republic of Congo 11.5% compare
  6. 40 Antigua and Barbuda 11.5% compare

See the full ranking of 185 places →

More private sector data for Grenada

All data for Grenada →

Frequently asked questions

What is tariff rate, applied, simple mean, manufactured products in Grenada?
Tariff rate, applied, simple mean, manufactured products in Grenada was 11.8% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, simple mean, manufactured products recorded in Grenada?
The highest recorded value was 20.9% in 1996.
What is the lowest tariff rate, applied, simple mean, manufactured products recorded in Grenada?
The lowest recorded value was 8.9% in 2010.
How does Grenada rank for tariff rate, applied, simple mean, manufactured products?
Grenada ranks 37th out of 184 countries with data for 2022.
Is tariff rate, applied, simple mean, manufactured products rising or falling in Grenada?
Over the last ten years it is up 11.5%. The long-run trend across the full record is falling.
Where does this Grenada data come from?
The figures come from Staff estimates, published as part of Tariff rate, applied, simple mean, manufactured products (%). Statizoid updates them automatically from the source API.

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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Tariff rate, applied, simple mean, manufactured products (%)
Unit
%
Source
Staff estimates
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 3,798 data points, 1988–2022
Last refreshed

Simple mean applied tariff is the unweighted average of effectively applied 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. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.