Grenada - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Grenada was 50.60 as of 2019. Its highest value over the past 23 years was 50.85 in 2008, while its lowest value was 50.58 in 2010.

Definition: 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also:

Year Value
1996 50.82
1999 50.85
2000 50.85
2001 50.85
2002 50.85
2003 50.85
2006 50.85
2007 50.85
2008 50.85
2010 50.58
2011 50.58
2012 50.58
2013 50.58
2015 50.60
2016 50.60
2019 50.60

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Grenada was 57.33 as of 2019. Its highest value over the past 23 years was 57.33 in 2019, while its lowest value was 56.64 in 2010.

Definition: 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.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also:

Year Value
1996 56.81
1999 56.82
2000 56.82
2001 56.82
2002 56.82
2003 56.82
2006 56.82
2007 56.82
2008 56.82
2010 56.64
2011 56.64
2012 56.64
2013 56.64
2015 57.33
2016 57.33
2019 57.33

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Grenada was 76.43 as of 2019. Its highest value over the past 23 years was 77.45 in 2006, while its lowest value was 76.43 in 2015.

Definition: 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).

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also:

Year Value
1996 77.27
1999 77.42
2000 77.42
2001 77.42
2002 77.42
2003 77.42
2006 77.45
2007 77.42
2008 77.42
2010 76.62
2011 76.62
2012 76.62
2013 76.62
2015 76.43
2016 76.43
2019 76.43

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs