Share of products from least-developed countries that have no tariff in Grenada
Grenada: Share of products from least-developed countries that have no tariff was 85.7% in 2024. ▲ Rising
Latest (2024)
85.7%
Change on year
up 1.1%
World rank
15th
of 230 countries
All-time high
90.1%
in 2022
All-time low
58.5%
in 2005
Years of data
12
2005–2024
Share of products from least-developed countries that have no tariff in Grenada, 2005–2024
Source: UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data. Measured in %.
Analysis
Grenada recorded 85.7% for share of products from least-developed countries that have no tariff in 2024.
The figure is up 1.1% on the previous year and down 1.5% over ten years.
Over the whole period, share of products from least-developed countries that have no tariff in Grenada peaked at 90.1% in 2022 and was at its lowest, 58.5%, in 2005.
Grenada ranks 15th of 230 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 12 years of available data.
Share of products from least-developed countries that have no tariff in Grenada, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 58.5% | — |
| 2010 | 74.7% | +27.6% |
| 2015 | 87.0% | +16.5% |
| 2016 | 88.3% | +1.4% |
| 2017 | 84.8% | -4.0% |
| 2018 | 85.1% | +0.4% |
| 2019 | 84.6% | -0.6% |
| 2020 | 83.6% | -1.2% |
| 2021 | 82.3% | -1.5% |
| 2022 | 90.1% | +9.4% |
| 2023 | 84.8% | -5.9% |
| 2024 | 85.7% | +1.1% |
Grenada compared with similar countries
- Grenada's 85.7% is above the median for upper middle income countries, which is 65.5%, 1.3× the median. (58 countries reporting)
- Grenada's 85.7% is above the median for Latin America & Caribbean, which is 68.3%, 1.3× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 58.5% | 58.5% | 58.5% | 1 |
| 2010s | 84.1% | 74.7% | 88.3% | 6 |
| 2020s | 85.3% | 82.3% | 90.1% | 5 |
Countries ranked near Grenada
- 12 Barbados 86.5% compare
- 13 Palestine 86.2% compare
- 14 Kyrgyzstan 85.9% compare
- 16 Antigua and Barbuda 84.9% compare
- 17 Uzbekistan 84.7% compare
- 18 Faroe Islands 84.2% compare
More economy & growth data for Grenada
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.29 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.71 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -3.62 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0025 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -30.86 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 170.66 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 4.11 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1202 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,455 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -3.57 % change on previous year (2025)
Frequently asked questions
- What is share of products from least-developed countries that have no tariff in Grenada?
- Share of products from least-developed countries that have no tariff in Grenada was 85.7% in 2024, according to UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data.
- What is the highest share of products from least-developed countries that have no tariff recorded in Grenada?
- The highest recorded value was 90.1% in 2022.
- What is the lowest share of products from least-developed countries that have no tariff recorded in Grenada?
- The lowest recorded value was 58.5% in 2005.
- How does Grenada rank for share of products from least-developed countries that have no tariff?
- Grenada ranks 15th out of 230 countries with data for 2024.
- Is share of products from least-developed countries that have no tariff rising or falling in Grenada?
- Over the last ten years it is down 1.5%. The long-run trend across the full record is rising.
- Where does this Grenada data come from?
- The figures come from UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data, published as part of Share of products from least-developed countries that have no tariff. Statizoid updates them automatically from the source API.
Download this data
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About this data
Proportion of tariff lines applied to imports with zero-tariff (%).