Grenada - Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies (% of total merchandise exports) in Grenada was reported at 65.67 % in 2016, according to the World Bank collection of development indicators, compiled from officially recognized sources.



grenada merchandise exports to high income economies percent of total merchandise exports wb data
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Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies as of July 1, 2009. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.


Grenada | Private Sector


0 %
Distance to frontier score (0=lowest performance to 100=frontier)
52.94
Business extent of disclosure index (0=less disclosure to 10=more disclosure)
4
Ease of doing business index (1=most business-friendly regulations)
142
New business density (new registrations per 1;000 people ages 15-64)
2.58
New businesses registered
184
Average time to clear exports through customs (days)
9.3 days
Cost to build a warehouse (% of income per capita)
0.3 %
Cost to enforce a contract (% of claim)
32.6 %
Power outages in firms in a typical month
0.7
Firing cost (weeks of wages)
290
Cost to export (US$ per container)
1300
Trade: Cost to export (US$ per container)
1034
Trade: Cost to import (US$ per container)
1745
Cost to export, border compliance (US$)
1034
Cost to export, documentary compliance (US$)
40
Documents to export
4
Lead time to export (days)
9 days
Trade: Time to export (day)
101
Trade: Time to import (days)
37 days
Time to export, border compliance (hours)
101 hours
Time to export, documentary compliance (hours)
13 hours
Firms using banks to finance working capital (% of firms)
50.3 %
Bribery incidence (% of firms experiencing at least one bribe payment request)
6.6 %
Firms competing against unregistered firms (% of firms)
72.5 %
Percent of firms expected to give gifts in meetings with tax officials
1.9 %
Percent of firms expected to give gifts to get an operating license
7.7 %
Percent of firms identifying corruption as a major constraint
27.8 %
Percent of firms expected to give gifts to secure government contract
20.1 %
Value of gift expected to secure a government contract (% of contract value)
0.3 %
Percent of firms expected to give gifts to public officials "to get things done"
7.1 %
Percent of firms expected to give gifts to get an electrical connection
0 %
Percent of firms expected to give gifts to get a construction permit
11.4 %
Percent of firms expected to give gifts to get an import license
5.5 %
Percent of firms identifying the courts system as a major constraint
20.9 %
Bribery index (% of gift or informal payment requests during public transactions)
3.8 %
Informal payments to public officials (% of firms)
7.1 %
Losses due to theft, robbery, vandalism, and arson (% sales)
4.6 %
Percent of firms paying for security
46.4 %
Security costs (% of annual sales)
1.3 %
If the establishment pays for security, average security costs (% of annual sales)
2.8 %
Losses due to theft and vandalism against the firm (% of annual sales)
1.5 %
If there were losses, average losses due to theft and vandalism (% of annual sales)
4.6 %
Percent of firms identifying crime, theft and disorder as a major constraint
20.3 %
Time required to obtain an operating license (days)
22.2 days
Age of the establishment (years)
22.9 years
Proportion of private domestic ownership in a firm
82 %
Proportion of private foreign ownership in a firm
13.6 %
Proportion of government/state ownership in a firm
0.2 %
Proportion of a firm held by the largest owner(s)
80.8 %
Percent of firms with legal status of publicly listed company
0 %
Percent of firms with legal status of privately held Limited Liability Company
27.2 %
Percent of firms with legal status of Sole Proprietorship
49.9 %
Percent of firms with legal status of Partnership
12 %
Percent of firms with legal status of Limited Partnership
11 %
Firms with female top manager (% of firms)
24 %
Firms with female participation in ownership (% of firms)
57.3 %
Proportion of investment financed internally
60.4 %
Value of collateral needed for a loan (% of the loan amount) WB
220 %
Proportion of loans requiring collateral
66.6 %
Percent of firms using banks to finance investments
37.2 %
Percent of firms using banks to finance working capital
50.3 %
Percent of firms with a bank loan/line of credit
49 %
Percent of firms with a checking or savings account
98.7 %
Percent of firms identifying access to finance as a major constraint
24.4 %
Proportion of investment financed by banks
27.6 %
Percent of firms not needing a loan
47.5 %
Proportion of investment financed by supplier credit
4 %
Proportion of investment financed by equity or stock sales
4.1 %
Proportion of working capital financed by banks
19.9 %
Proportion of working capital financed by supplier credit
20.9 %
Firms formally registered when operations started (% of firms)
71.1 %
Percent of firms with female participation in ownership
57.3 %
Proportion of permanent full-time workers that are female
45.9 %
Percent of firms with a female top manager
24 %
Percent of firms competing against unregistered or informal firms
72.5 %
Percent of firms identifying practices of competitors in the informal sector as a major constraint
25.2 %
Percent of firms formally registered when they started operations in the country
71.1 %
Number of years firm operated without formal registration
6.3
Days to obtain an electrical connection (upon application)
22.9
Proportion of electricity from a generator
1.8 %
If a generator is used, average proportion of electricity from a generator
3.6 %
Percent of firms identifying transportation as a major constraint
14.8 %
Percent of firms identifying electricity as a major constraint
16.9 %
Number of electrical outages in a typical month
0.7
Duration of a typical electrical outage (hours)
1.6 hours
If there were outages, average duration of a typical electrical outage (hours)
4 hours
Losses due to electrical outages (% of annual sales)
0.4 %
Percent of firms owning or sharing a generator
51.4 %
Percent of firms with an internationally-recognized quality certification
32.6 %
Percent of firms with an annual financial statement reviewed by external auditors
59.6 %
Percent of firms using technology licensed from foreign companies
15.2 %
Percent of firms having their own Web site
42.5 %
Percent of firms using e-mail to interact with clients/suppliers
80.6 %
ISO certification ownership (% of firms)
32.6 %
Percent of firms choosing access to finance as their biggest obstacle
12.8 %
Percent of firms choosing labor regulations as their biggest obstacle
2.8 %
Percent of firms choosing political instability as their biggest obstacle
12.3 %
Percent of firms choosing practices of the informal sector as their biggest obstacle
8.4 %
Percent of firms choosing tax administration as their biggest obstacle
5.7 %
Percent of firms choosing tax rates as their biggest obstacle
17.6 %
Percent of firms choosing transportation as their biggest obstacle
4.1 %
Percent of firms choosing access to land as their biggest obstacle
3.9 %
Percent of firms choosing business licensing and permits as their biggest obstacle
0 %
Percent of firms choosing corruption as their biggest obstacle
1.3 %
Percent of firms choosing courts as their biggest obstacle
0.8 %
Percent of firms choosing crime, theft and disorder as their biggest obstacle
10.2 %
Percent of firms choosing customs and trade regulations as their biggest obstacle
2.1 %
Percent of firms choosing electricity as their biggest obstacle
2.7 %
Percent of firms choosing inadequately educated workforce as their biggest obstacle
15.4 %
Days to obtain an import license
3.5
Days to obtain an operating license
22.2
Days to obtain a construction-related permit
162
Percent of firms identifying business licensing and permits as a major constraint
4.8 %
Senior management time spent dealing with the requirements of government regulation
7.7 %
Number of visits or required meetings with tax officials
2.2
If there were visits, average number of visits or required meetings with tax officials
3.3
Percent of firms identifying tax rates as a major constraint
40 %
Percent of firms identifying tax administration as a major constraint
28.1 %
Days to clear direct exports through customs
9.3
Percent of firms exporting directly or indirectly (at least 1% of sales)
15.7 %
Percent of firms using material inputs and/or supplies of foreign origin
91.7 %
Percent of firms exporting directly (at least 1% of sales)
9.9 %
Days to clear imports from customs
6.7
Proportion of total sales that are domestic sales
93.8 %
Proportion of total sales that are exported directly
2.9 %
Proportion of total sales that are exported indirectly
3.3 %
Proportion of total inputs that are of domestic origin
41.8 %
Proportion of total inputs that are of foreign origin
58.2 %
Percent of firms identifying customs and trade regulations as a major constraint
19.7 %
Firms offering formal training (% of firms)
46.2 %
Percent of firms offering formal training
46.2 %
Percent of firms identifying an inadequately educated workforce as a major constraint
38.8 %
Number of temporary workers
1.8
Number of permanent full-time workers
24.7
Years of the top manager's experience working in the firm's sector
23
Percent of firms identifying labor regulations as a major constraint
12.6 %
Cost to get electricity(% of income per capita)
191 %
Procedures required to connect to electricity
5
Management time dealing with officials (% of management time)
7.7 %
Cost to import (US$ per container)
2170
Cost to import, border compliance (US$)
1745
Cost to import, documentary compliance (US$)
50
Documents to import
6
Lead time to import (days)
9 days
Time to import, border compliance (hours)
37 hours
Time to import, documentary compliance (hours)
24 hours
Resolving insolvency: cost (% of estate)
-1 %
Resolving insolvency: recovery rate (cents on the dollar)
0
Time required to enforce a contract (days)
688 days
Rigidity of employment index (0=less rigid to 100=more rigid)
45
Procedures to enforce a contract
46
Extent of director liability index (0 to 10)
8
Strength of investor protection index (0 to 10)
4.5
Ease of shareholder suits index (0 to 10)
8
Time required to register property (days) WDI
32 days
Procedures to register property
8
Minimum paid-in capital required to start a business (% of income per capita)
0 %
Cost of business start-up procedures, female (% of GNI per capita)
15.3 %
Cost of business start-up procedures, male (% of GNI per capita)
15.3 %
Cost of business start-up procedures (% of GNI per capita)
15.1 %
Time required to start a business (days)
14.8 days
Time required to start a business, female (days)
15 days
Time required to start a business, male (days)
15 days
Start-up procedures to register a business
6
Start-up procedures to register a business, female
6
Start-up procedures to register a business, male
6
Cost to register property (% of property value)
7.4 %
Time to prepare and pay taxes (hours)
140 hours
Firms expected to give gifts in meetings with tax officials (% of firms)
1.9 %
Labor tax and contributions (% of commercial profits)
5.6 %
Average number of times firms spent in meetings with tax officials
3.3
Other taxes payable by businesses (% of commercial profits)
16.5 %
Tax payments
42
Profit tax (% of commercial profits)
26.3 %
Total tax rate (% of profit)
48.4 %
Time required to build a warehouse (days)
146 days
Procedures to build a warehouse
15
International tourism, number of arrivals
156000
International tourism, receipts
510000000 USD
International tourism, receipts (% of total exports)
86.07 %
International tourism, receipts for travel items
510000000 USD
International tourism, expenditures for travel items
21000000 USD
International tourism, expenditures
21000000 USD
International tourism, expenditures (% of total imports)
3.8 %
Merchandise trade (% of GDP)
35.99 %
Import volume index (2000 = 100)
105
Binding coverage, manufactured products
100 %
Bound rate, simple mean, manufactured products
50.6 %
Share of tariff lines with international peaks, manufactured products
41.93 %
Tariff rate, applied, simple mean, manufactured products
10.01 %
Tariff rate, most favored nation, simple mean, manufactured products
8.84 %
Share of tariff lines with specific rates, manufactured products
0.0353 %
Tariff rate, applied, weighted mean, manufactured products
11.34 %
Tariff rate, most favored nation, weighted mean, manufactured products
11.91 %
Binding coverage, all products
100 %
Bound rate, simple mean, all products
57.3 %
Share of tariff lines with international peaks, all products
44.6 %
Tariff rate, applied, simple mean, all products
10.81 %
Tariff rate, most favored nation, simple mean, all products
11 %
Share of tariff lines with specific rates, all products
0.0996 %
Tariff rate, applied, weighted mean, all products
12.41 %
Tariff rate, most favored nation, weighted mean, all products
13.13 %
Binding coverage, primary products
100 %
Bound rate, simple mean, primary products
76.31 %
Share of tariff lines with international peaks, primary products
55.6 %
Tariff rate, applied, simple mean, primary products
15.08 %
Tariff rate, most favored nation, simple mean, primary products
16.93 %
Share of tariff lines with specific rates, primary products
0.3682 %
Tariff rate, applied, weighted mean, primary products
14.73 %
Tariff rate, most favored nation, weighted mean, primary products
15.8 %
Food imports (% of merchandise imports)
24.09 %
Insurance and financial services (% of commercial service imports)
5.23 %
Manufactures imports (% of merchandise imports)
58.8 %
Merchandise imports from economies in the Arab World (% of total merchandise imports)
0.0506 %
Merchandise imports
350509000 USD
Merchandise imports from high-income economies (% of total merchandise imports)
75.71 %
Merchandise imports from developing economies outside region (% of total merchandise imports)
10.91 %
Merchandise imports from developing economies in East Asia & Pacific (% of total merchandise imports)
8.73 %

0.3391 %
Merchandise imports from developing economies in Latin America & the Caribbean (% of total merchandise imports)
12.97 %
Merchandise imports from developing economies in Middle East & North Africa (% of total merchandise imports)
0.074 %
Merchandise imports from developing economies in South Asia (% of total merchandise imports)
1.63 %
Merchandise imports from developing economies in Sub-Saharan Africa (% of total merchandise imports)
0.1356 %
Merchandise imports by the reporting economy, residual (% of total merchandise imports)
0.4093 %
Merchandise imports by the reporting economy
386971876 USD
Merchandise imports from developing economies within region (% of total merchandise imports)
12.97 %
Import value index (2000 = 100)
147
Computer, communications and other services (% of commercial service imports)
64.38 %
Commercial service imports
236002496 USD
Transport services (% of commercial service imports)
21.68 %
Travel services (% of commercial service imports)
8.71 %
Net barter terms of trade index (2000 = 100)
98.08
Export volume index (2000 = 100)
45.11
Food exports (% of merchandise exports)
58.41 %
Insurance and financial services (% of commercial service exports)
0.8625 %
Manufactures exports (% of merchandise exports)
41.1 %
Merchandise exports to economies in the Arab World (% of total merchandise exports)
0.098 %
Merchandise exports
29562000 USD
Merchandise exports to high-income economies (% of total merchandise exports)
65.67 %

0.6314 %

0.0511 %

0.0907 %
Merchandise exports to developing economies in Latin America & the Caribbean (% of total merchandise exports)
26.49 %
Merchandise exports to developing economies in Middle East & North Africa (% of total merchandise exports)
0.0762 %
Merchandise exports to developing economies in South Asia (% of total merchandise exports)
0.2024 %

0.2109 %
Merchandise exports by the reporting economy, residual (% of total merchandise exports)
7.2 %
Merchandise exports by the reporting economy
43667037 USD
Merchandise exports to developing economies within region (% of total merchandise exports)
26.49 %
Export value index (2000 = 100)
61.59
Computer, communications and other services (% of commercial service exports)
3.59 %
Commercial service exports
552379994 USD
High-technology exports
1387798 USD
High-technology exports (% of manufactured exports)
11.06 %
Transport services (% of commercial service exports)
3.22 %
Travel services (% of commercial service exports)
92.33 %






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