Bound rate, simple mean, primary products (%) in Grenada
Grenada: Bound rate, simple mean, primary products (%) was 76.6% in 2022. ▬ Flat
Bound rate, simple mean, primary products in Grenada, 1996–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2022, bound rate, simple mean, primary products in Grenada stood at 76.6%.
That represents a change of up 0.2% on the previous year and unchanged over ten years.
Over the whole period, bound rate, simple mean, primary products in Grenada peaked at 77.5% in 2006 and was at its lowest, 76.4%, in 2015.
That places Grenada 33rd out of 157 countries with data for 2022, putting it in the top quarter.
Bound rate, simple mean, primary products (%) in Grenada, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 77.3% | — |
| 1999 | 77.4% | +0.2% |
| 2000 | 77.4% | +0.0% |
| 2001 | 77.4% | +0.0% |
| 2002 | 77.4% | +0.0% |
| 2003 | 77.4% | +0.0% |
| 2006 | 77.5% | +0.0% |
| 2007 | 77.4% | -0.0% |
| 2008 | 77.4% | +0.0% |
| 2010 | 76.6% | -1.0% |
| 2011 | 76.6% | +0.0% |
| 2012 | 76.6% | +0.0% |
| 2013 | 76.6% | +0.0% |
| 2015 | 76.4% | -0.2% |
| 2016 | 76.4% | +0.0% |
| 2019 | 76.4% | +0.0% |
| 2022 | 76.6% | +0.2% |
Grenada compared with similar countries
- Grenada's 76.6% is above the median for upper middle income countries, which is 31.8%, 2.4× the median. (45 countries reporting)
- Grenada's 76.6% is above the median for Latin America & Caribbean, which is 41.8%, 1.8× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 77.3% | 77.3% | 77.4% | 2 |
| 2000s | 77.4% | 77.4% | 77.5% | 7 |
| 2010s | 76.5% | 76.4% | 76.6% | 7 |
| 2020s | 76.6% | 76.6% | 76.6% | 1 |
Countries ranked near Grenada
More private sector data for Grenada
- Merchandise trade 48.4% (2025)
- Food imports 24.2% (2024)
- Manufactures imports 56.2% (2024)
- Merchandise imports 653.00 million current US$ (2025)
- Commercial service imports 391.33 million current US$ (2025)
- Food exports 69.1% (2024)
- Manufactures exports 28.6% (2024)
- Merchandise exports 35.00 million current US$ (2025)
- Commercial service exports 754.40 million current US$ (2025)
- Merchandise exports (current US$), per capita 298.37 current US$ per person (2025)
Frequently asked questions
- What is bound rate, simple mean, primary products in Grenada?
- Bound rate, simple mean, primary products in Grenada was 76.6% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, primary products recorded in Grenada?
- The highest recorded value was 77.5% in 2006.
- What is the lowest bound rate, simple mean, primary products recorded in Grenada?
- The lowest recorded value was 76.4% in 2015.
- How does Grenada rank for bound rate, simple mean, primary products?
- Grenada ranks 33rd out of 157 countries with data for 2022.
- Is bound rate, simple mean, primary 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, primary 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).