Trading across borders: Cost to import: Border compliance (USD) in Grenada

Grenada: Trading across borders: Cost to import: Border compliance (USD) was 1,256 DB16-20 methodology in 2019. ▼ Falling

Latest (2019)
1,256 DB16-20 methodology
Change on year
unchanged
World rank
9th
of 186 countries
All-time high
1,606 DB16-20 methodology
in 2014
All-time low
1,256 DB16-20 methodology
in 2016
Years of data
6
2014–2019

Trading across borders: Cost to import: Border compliance (USD) in Grenada, 2014–2019

05001.0k1.5k2014201620192014: 1.6k DB16-20 methodology2015: 1.6k DB16-20 methodology2016: 1.3k DB16-20 methodology2017: 1.3k DB16-20 methodology2018: 1.3k DB16-20 methodology2019: 1.3k DB16-20 methodology

Source: World Bank. Measured in DB16-20 methodology.

Analysis

In 2019, trading across borders: cost to import: border compliance (usd) in Grenada stood at 1,256 DB16-20 methodology. That is the lowest value across all 6 years on record.

Compared with earlier readings it is down 21.8% over ten years.

Grenada ranks 9th of 186 countries on this measure, in the top 10%.

Countries ranked near Grenada

  1. 6 Bahamas 1,385 DB16-20 methodology compare
  2. 7 Tanzania 1,350 DB16-20 methodology compare
  3. 8 Gabon 1,320 DB16-20 methodology compare
  4. 10 Argentina 1,200 DB16-20 methodology compare
  5. 11 Sudan 1,092 DB16-20 methodology compare
  6. 12 Nigeria 1,077 DB16-20 methodology compare

See the full ranking of 188 places →

More reference data data for Grenada

All data for Grenada →

Frequently asked questions

What is trading across borders: cost to import: border compliance (usd) in Grenada?
Trading across borders: cost to import: border compliance (usd) in Grenada was 1,256 DB16-20 methodology in 2019, according to the World Bank.
What is the highest trading across borders: cost to import: border compliance (usd) recorded in Grenada?
The highest recorded value was 1,606 DB16-20 methodology in 2014.
What is the lowest trading across borders: cost to import: border compliance (usd) recorded in Grenada?
The lowest recorded value was 1,256 DB16-20 methodology in 2016.
How does Grenada rank for trading across borders: cost to import: border compliance (usd)?
Grenada ranks 9th out of 186 countries with data for 2019.
Is trading across borders: cost to import: border compliance (usd) rising or falling in Grenada?
Over the last ten years it is down 21.8%. The long-run trend across the full record is falling.
Where does this Grenada data come from?
The figures come from the World Bank, published as part of Trading across borders: Cost to import: Border compliance (USD) (DB16-20 methodology). Statizoid updates them automatically from the source API.

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About this data

Indicator
Trading across borders: Cost to import: Border compliance (USD) (DB16-20 methodology)
Unit
DB16-20 methodology
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
188 places, 1,126 data points, 2014–2019
Last refreshed

The cost for border compliance to import records the cost associated with compliance with the economy’s customs regulations and with regulations relating to other inspections that are mandatory in order for the import shipment to cross the economy’s border, as well as the time and cost for handling that takes place at its port or border. It is calculated in US dollars. The cost for this segment include the cost for customs clearance and inspection procedures conducted by other agencies. For example, the cost for conducting a technical standard inspection would be included here. Informal payments for which no receipt is issued are excluded from the costs recorded. The component indicator is computed based on the methodology in the DB16-20 studies.