Average tariff applied by developed countries, most-favored nation in Grenada

Grenada: Average tariff applied by developed countries, most-favored nation was 0.7% in 2024. ▼ Falling

Latest (2024)
0.7%
Change on year
down 1.1%
World rank
232nd
of 236 countries
All-time high
1.0%
in 2000
All-time low
0.6%
in 2018
Years of data
17
2000–2024

Average tariff applied by developed countries, most-favored nation in Grenada, 2000–2024

00.250.50.7512000201220242000: 1 %2005: 0.962 %2010: 0.739 %2011: 0.739 %2012: 0.687 %2013: 0.677 %2014: 0.677 %2015: 0.672 %2016: 0.68 %2017: 0.636 %2018: 0.63 %2019: 0.708 %2020: 0.707 %2021: 0.707 %2022: 0.704 %2023: 0.704 %2024: 0.696 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

In 2024, average tariff applied by developed countries, most-favored nation in Grenada stood at 0.7%.

Compared with earlier readings it is down 1.1% on the previous year and up 2.8% over ten years.

Over the whole period, average tariff applied by developed countries, most-favored nation in Grenada peaked at 1.0% in 2000 and was at its lowest, 0.6%, in 2018.

Grenada ranks 232nd of 236 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 17 years of available data.

Average tariff applied by developed countries, most-favored nation in Grenada, year by year

Annual values for Average tariff applied by developed countries, most-favored nation status, by type of product (%) in Grenada, 2000 to 2024.
Year % Change
2000 1.0% —
2005 1.0% -4.4%
2010 0.7% -23.3%
2011 0.7% +0.0%
2012 0.7% -6.9%
2013 0.7% -1.5%
2014 0.7% +0.0%
2015 0.7% -0.8%
2016 0.7% +1.3%
2017 0.6% -6.5%
2018 0.6% -0.9%
2019 0.7% +12.2%
2020 0.7% -0.1%
2021 0.7% +0.0%
2022 0.7% -0.4%
2023 0.7% -0.1%
2024 0.7% -1.1%

Grenada compared with similar countries

  • Grenada's 0.7% is below the median for upper middle income countries, which is 7.3%, 10% of the median. (53 countries reporting)
  • Grenada's 0.7% is below the median for Latin America & Caribbean, which is 6.5%, 11% of the median. (37 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.0% 1.0% 1.0% 2
2010s 0.7% 0.6% 0.7% 10
2020s 0.7% 0.7% 0.7% 5

Countries ranked near Grenada

  1. 229 Yemen 0.8% compare
  2. 230 Rwanda 0.7% compare
  3. 231 Afghanistan 0.7% compare
  4. 233 Saint Helena 0.5% compare
  5. 234 Lesotho 0.4% compare
  6. 235 Equatorial Guinea 0.4% compare

See the full ranking of 243 places →

More development goals data for Grenada

All data for Grenada →

Frequently asked questions

What is average tariff applied by developed countries, most-favored nation in Grenada?
Average tariff applied by developed countries, most-favored nation in Grenada was 0.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest average tariff applied by developed countries, most-favored nation recorded in Grenada?
The highest recorded value was 1.0% in 2000.
What is the lowest average tariff applied by developed countries, most-favored nation recorded in Grenada?
The lowest recorded value was 0.6% in 2018.
How does Grenada rank for average tariff applied by developed countries, most-favored nation?
Grenada ranks 232nd out of 236 countries with data for 2024.
Is average tariff applied by developed countries, most-favored nation rising or falling in Grenada?
Over the last ten years it is up 2.8%. The long-run trend across the full record is falling.
Where does this Grenada data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Average tariff applied by developed countries, most-favored nation status, by type of product (%). Statizoid updates them automatically from the source API.

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Average tariff applied by developed countries, most-favored nation in Grenada. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 30 September 2026, from https://development-goals.statizoid.com/stat/average-tariff-applied-by-developed-countries-most-favored-nation-status-by-type-of/grenada/

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About this data

Indicator
Average tariff applied by developed countries, most-favored nation status, by type of product (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
243 places, 4,131 data points, 2000–2024
Last refreshed