Is at score of 3.2 bad?

I'm curious, in the context of a grading system where the highest possible score is typically 4.0 or 5.0, would a score of 3.2 be considered bad? I understand that grading standards vary across institutions and subject areas, but generally speaking, how would a 3.2 be interpreted? Is it indicative of average performance, or does it fall short of expectations? I'm interested in understanding whether this score should be considered satisfactory or if there's room for improvement.