Grenada: Binding coverage, manufactured products (%)

Key figures

Since 1996 it is unchanged since 1996. The World Bank has no value for 10 of the years in between; the chart leaves those gaps open rather than joining across them.

How it compares

In 2022, Grenada had the 21st highest value of the 130 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Grenada in the 2022 ranking

• Ukraine — 18th of 130: 100%
• Uruguay — 19th of 130: 100%
• Venezuela, RB — 20th of 130: 100%
• Kuwait — 22nd of 130: 99.97%
• St. Vincent and the Grenadines — 23rd of 130: 99.97%
• Viet Nam — 24th of 130: 98.68%

What this measures

Binding coverage is the percentage of product lines with an agreed bound rate. 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.

All 17 values

Binding coverage, manufactured products (%) in nearby economies

• Antigua and Barbuda — 99.97% (2021)
• Argentina — 100% (2022)
• Barbados — 100% (2022)
• Belize — 0% (2022)
• Bolivia — 100% (2022)
• Brazil — 100% (2022)
• Chile — 100% (2022)
• Colombia — 100% (2022)
• Costa Rica — 0% (2022)
• Cuba — 23.55% (2022)

More trade data for Grenada

• Import volume index (2015 = 100) — 134.7 (2024)
• Import value index (2015 = 100) — 173.2 (2024)
• Net barter terms of trade index (2015 = 100) — 86.1 (2024)
• Export volume index (2015 = 100) — 92.4 (2024)
• Export value index (2015 = 100) — 102.3 (2024)
• Bound rate, simple mean, manufactured products (%) — 50.58% (2022)
• Tariff rate, applied, simple mean, manufactured products (%) — 11.75% (2022)
• Tariff rate, most favored nation, simple mean, manufactured products (%) — 8.87% (2022)
• Tariff rate, applied, weighted mean, manufactured products (%) — 12.04% (2022)

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Questions people ask

What is Grenada's binding coverage, manufactured products (%)?

99.97% in 2022, according to the World Bank (World Development Indicators).

How has it changed since 1996?

It is unchanged since 1996. The highest value was 100% in 1999 and the lowest 99.97% in 1996.

How does Grenada rank?

21st highest of 130 economies with data for 2022.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); World Integrated Trade Solution system (WITS), World Bank (WB); World Trade Organization (WTO).

Source

World Bank, World Development Indicators, indicator TM.TAX.MANF.BC.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); World Integrated Trade Solution system (WITS), World Bank (WB); World Trade Organization (WTO) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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