Tariff rate, most favored nation, weighted mean, manufactured products in Grenada
Grenada: Tariff rate, most favored nation, weighted mean, manufactured products was 12.0% in 2022. ▼ Falling
Tariff rate, most favored nation, weighted mean, manufactured products in Grenada, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
In 2022, tariff rate, most favored nation, weighted mean, manufactured products in Grenada stood at 12.0%.
The figure is up 25.5% on the previous year and down 8.9% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, manufactured products in Grenada peaked at 21.6% in 1996 and was at its lowest, 9.6%, in 2019.
Grenada ranks 33rd of 184 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Tariff rate, most favored nation, weighted mean, manufactured products in Grenada, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 21.6% | — |
| 1999 | 16.8% | -22.3% |
| 2000 | 10.3% | -38.6% |
| 2001 | 16.2% | +57.9% |
| 2002 | 11.3% | -30.6% |
| 2003 | 10.4% | -8.1% |
| 2006 | 10.5% | +1.5% |
| 2007 | 11.6% | +9.7% |
| 2008 | 11.4% | -1.0% |
| 2010 | 12.0% | +4.6% |
| 2011 | 12.0% | -0.1% |
| 2012 | 13.2% | +10.5% |
| 2013 | 11.5% | -12.9% |
| 2015 | 11.0% | -4.5% |
| 2016 | 11.9% | +8.5% |
| 2019 | 9.6% | -19.5% |
| 2022 | 12.0% | +25.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.2% | 16.8% | 21.6% | 2 |
| 2000s | 11.7% | 10.3% | 16.2% | 7 |
| 2010s | 11.6% | 9.6% | 13.2% | 7 |
| 2020s | 12.0% | 12.0% | 12.0% | 1 |
Countries ranked near Grenada
- 30 Solomon Islands 12.2% compare
- 31 Guinea 12.1% compare
- 32 Sierra Leone 12.1% compare
- 34 Ghana 11.8% compare
- 35 Argentina 11.7% compare
- 36 Saint Vincent and the Grenadines 11.5% compare
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)
- Food exports 69.1% (2024)
- Manufactures exports 28.6% (2024)
- Merchandise exports 35.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 298.37 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0246 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -18.6 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, weighted mean, manufactured products in Grenada?
- Tariff rate, most favored nation, weighted mean, manufactured products in Grenada was 12.0% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, manufactured products recorded in Grenada?
- The highest recorded value was 21.6% in 1996.
- What is the lowest tariff rate, most favored nation, weighted mean, manufactured products recorded in Grenada?
- The lowest recorded value was 9.6% in 2019.
- How does Grenada rank for tariff rate, most favored nation, weighted mean, manufactured products?
- Grenada ranks 33rd out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, manufactured products rising or falling in Grenada?
- Over the last ten years it is down 8.9%. 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, most favored nation, weighted mean, manufactured products (%). Statizoid updates them automatically from the source API.
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About this data
Weighted mean most favored nations tariff is the average of most favored nation rates weighted by the product import shares corresponding to each partner country. 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 and import weights. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.