Tariff rate, most favored nation, weighted mean, manufactured products in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Tariff rate, most favored nation, weighted mean, manufactured products was 11.5% in 2022. ▼ Falling
Tariff rate, most favored nation, weighted mean, manufactured products in Saint Vincent and the Grenadines, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
Saint Vincent and the Grenadines recorded 11.5% for tariff rate, most favored nation, weighted mean, manufactured products in 2022.
The figure is down 0.3% on the previous year and down 3.0% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, manufactured products in Saint Vincent and the Grenadines peaked at 20.2% in 1996 and was at its lowest, 3.5%, in 2006.
That places Saint Vincent and the Grenadines 36th out of 184 countries with data for 2022, putting it in the top quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Tariff rate, most favored nation, weighted mean, manufactured products in Saint Vincent and the Grenadines, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 20.2% | — |
| 1999 | 16.5% | -18.1% |
| 2000 | 16.6% | +0.2% |
| 2001 | 12.3% | -25.7% |
| 2002 | 11.3% | -7.9% |
| 2003 | 11.2% | -1.4% |
| 2006 | 3.5% | -68.4% |
| 2007 | 11.3% | +221.5% |
| 2010 | 11.8% | +3.5% |
| 2011 | 11.6% | -1.2% |
| 2012 | 11.9% | +2.3% |
| 2013 | 11.9% | +0.0% |
| 2015 | 11.7% | -1.4% |
| 2016 | 11.9% | +2.0% |
| 2017 | 12.0% | +0.7% |
| 2018 | 12.4% | +2.8% |
| 2019 | 12.4% | +0.0% |
| 2020 | 12.2% | -1.7% |
| 2021 | 11.6% | -4.9% |
| 2022 | 11.5% | -0.3% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 11.5% is above the median for upper middle income countries, which is 6.6%, 1.7× the median. (53 countries reporting)
- Saint Vincent and the Grenadines's 11.5% is above the median for Latin America & Caribbean, which is 9.3%, 1.2× the median. (34 countries reporting)
Biggest year-on-year movements
Years where Tariff rate, most favored nation, weighted mean, manufactured products in Saint Vincent and the Grenadines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +221.5% | 3.5% | 11.3% |
| 2006 | -68.4% | 11.2% | 3.5% |
| 2001 | -25.7% | 16.6% | 12.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.3% | 16.5% | 20.2% | 2 |
| 2000s | 11.0% | 3.5% | 16.6% | 6 |
| 2010s | 11.9% | 11.6% | 12.4% | 9 |
| 2020s | 11.7% | 11.5% | 12.2% | 3 |
Countries ranked near Saint Vincent and the Grenadines
More private sector data for Saint Vincent and the Grenadines
- Merchandise trade 43.5% (2025)
- Food imports 26.0% (2023)
- Manufactures imports 61.3% (2023)
- Merchandise imports 509.00 million current US$ (2025)
- Food exports 72.5% (2023)
- Manufactures exports 26.6% (2023)
- Merchandise exports 37.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 370.28 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0295 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -35.09 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, weighted mean, manufactured products in Saint Vincent and the Grenadines?
- Tariff rate, most favored nation, weighted mean, manufactured products in Saint Vincent and the Grenadines was 11.5% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, manufactured products recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 20.2% in 1996.
- What is the lowest tariff rate, most favored nation, weighted mean, manufactured products recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 3.5% in 2006.
- How does Saint Vincent and the Grenadines rank for tariff rate, most favored nation, weighted mean, manufactured products?
- Saint Vincent and the Grenadines ranks 36th out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, manufactured products rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is down 3.0%. The long-run trend across the full record is falling.
- Where does this Saint Vincent and the Grenadines 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.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.