Grenada
GRDLatin America & Caribbean Upper middle incomeCapital: Saint George'sEconomy
Fiscal
People
Health
Education
Trade
Energy / Env
Tech
Governance
Equality
Infra
Labor
55/80 indicators · percentile vs world (IMF / WB / WHO)underover
GDP
$2
2027▲ 5.4%
Population
117,207
2024▲ 0.1%
GDP per Capita
$13,668
2027▲ 4.8%
Life Expectancy
75.2 years
2023▲ 0.1%
Grenada in world space2000–2023
192 countries · log scale on X world Grenada· trajectory line: 1980 → today
▶About Grenada
Grenada's GDP is $1.52B (2026), with a population of 117,207, and GDP per capita of $13,041. Key indicators include real GDP growth of 3.4%, inflation at 1.1%, government debt at 65.5% of GDP, life expectancy of 75.2 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.
Situated in the Latin America & Caribbean region, this upper middle-income economy has a GDP projected to reach $1.52 billion in 2026, ranking it 179th globally. The GDP per capita is expected to be $13,000 in 2026, with a real GDP growth rate of 3.4%. The economy benefits from significant foreign direct investment inflows, constituting 11.9% of GDP in 2024. Consumer price inflation is projected to be low at 1.1% in 2026, indicating stable economic conditions. The economy is characterized by a strong tourism sector and a growing focus on agricultural diversification, contributing to its trade openness. The population is approximately 117,207 as of 2024. Life expectancy at birth stands at 75.2 years, reflecting improvements in healthcare and living standards. The fertility rate is 1.5 births per woman, indicating a low population growth rate. Health spending accounts for 4.7% of GDP, highlighting investments in public health. The Gross National Income per capita is $11,000, underscoring the country's economic progress and development efforts.
▶Economy21 indicators · 2021–2027 · IMF / WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| GDP (Current USD, Billions) | $2 | 2027 | ▲ 5.4% | IMF |
| Real GDP Growth (%) | 3.3% | 2027 | ▼ 2.9% | IMF |
| GDP per Capita (USD) | $13,668 | 2027 | ▲ 4.8% | IMF |
| GDP, PPP (Billions Intl $) | $3 | 2027 | ▲ 5.0% | IMF |
| GDP per Capita, PPP (Intl $) | $23,420 | 2027 | ▲ 4.4% | IMF |
| Share of World GDP, PPP (%) | 0.00% | 2027 | ▲ 0.0% | IMF |
| GNI (Current USD) | $1.24B | 2024 | ▲ 3.5% | WB |
| GNI per Capita (USD) | $10,510 | 2024 | ▲ 3.9% | WB |
| GNI per Capita, PPP (USD) | $18,220 | 2024 | ▲ 7.2% | WB |
| Industry Value Added (% of GDP) | 15.2% | 2024 | ▲ 2.6% | WB |
| Services Value Added (% of GDP) | 65.7% | 2024 | ▲ 1.0% | WB |
| Agriculture Value Added (% of GDP) | 2.9% | 2024 | ▼ 5.2% | WB |
| GDP Deflator (%) | -1.3% | 2024 | ▼ 128.2% | WB |
| Manufacturing Value Added (% of GDP) | 3.8% | 2024 | ▲ 7.1% | WB |
| Coal Rents (% of GDP) | 0.00% | 2021 | — | WB |
| Mineral Rents (% of GDP) | 0.00% | 2021 | — | WB |
| Oil Rents (% of GDP) | 0.00% | 2021 | — | WB |
| Natural Gas Rents (% of GDP) | 0.00% | 2021 | — | WB |
| Total Natural Resources Rents (% of GDP) | 0.0% | 2021 | — | WB |
| Forest Rents (% of GDP) | 0.00% | 2021 | — | WB |
| Industry Value Added (Current USD) | $208.0M | 2024 | ▲ 5.3% | WB |
▶Fiscal & Monetary13 indicators · 2024–2027 · IMF / WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Inflation, Consumer Prices (%) | 2.0% | 2027 | ▲ 81.8% | IMF |
| Govt Gross Debt (% of GDP) | 65.8% | 2027 | ▲ 0.5% | IMF |
| Fiscal Balance (% of GDP) | 0.2% | 2027 | ▲ 112.5% | IMF |
| Current Account Balance (% of GDP) | -13.4% | 2027 | ▲ 3.6% | IMF |
| Inflation, CPI (%, World Bank) | 1.1% | 2024 | ▼ 59.7% | WB |
| Real Interest Rate (%) | 8.2% | 2024 | ▲ 248.2% | WB |
| Lending Interest Rate (%) | 6.9% | 2024 | ▼ 0.6% | WB |
| Deposit Interest Rate (%) | 1.0% | 2024 | ▲ 6.1% | WB |
| Total Reserves incl. Gold (USD) | $423.3M | 2024 | ▲ 4.7% | WB |
| Total Reserves (months of imports) | 4.4 | 2024 | ▼ 1.5% | WB |
| Official Exchange Rate (per USD) | 2.7 | 2024 | ▲ 0.0% | WB |
| PPP Conversion Factor | 1.57 | 2024 | ▼ 3.6% | WB |
| Broad Money (% of GDP) | 94.1% | 2024 | ▲ 5.6% | WB |
▶Trade10 indicators · 2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Merchandise Exports (USD) | $33.0M | 2024 | ▼ 28.3% | WB |
| Merchandise Imports (USD) | $633.0M | 2024 | ▲ 3.9% | WB |
| FDI Inflows (% of GDP) | 11.9% | 2024 | ▼ 27.5% | WB |
| FDI Outflows (% of GDP) | -0.3% | 2024 | ▼ 15722.0% | WB |
| FDI Net Inflows (USD) | $163.9M | 2024 | ▼ 25.6% | WB |
| Personal Remittances Received (USD) | $48.0M | 2024 | ▲ 18.0% | WB |
| Personal Remittances Received (% of GDP) | 3.5% | 2024 | ▲ 15.0% | WB |
| High-Tech Exports (% of manufactured) | 6.4% | 2024 | ▲ 114.2% | WB |
| Current Account Balance (% of GDP) | -19.7% | 2024 | ▼ 8.3% | WB |
| Current Account Balance (USD) | $-270.8M | 2024 | ▼ 11.2% | WB |
▶External Debt7 indicators · 2023–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| External Debt (% of GNI) | 68.6% | 2024 | ▼ 7.8% | WB |
| External Debt Stocks (USD) | $863.3M | 2024 | ▼ 2.1% | WB |
| Total Debt Service (% of GNI) | 3.5% | 2024 | ▼ 25.6% | WB |
| Present Value of External Debt (USD) | $561.0M | 2024 | — | WB |
| Use of IMF Credit (USD) | $60.6M | 2024 | ▼ 8.3% | WB |
| Net ODA Received (% of GNI) | 3.2% | 2023 | ▲ 139.1% | WB |
| Net ODA Received (USD) | $38.5M | 2023 | ▲ 141.1% | WB |
▶Finance3 indicators · 2022–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Domestic Credit to Private Sector (% of GDP) | 54.9% | 2024 | ▲ 7.6% | WB |
| Bank Capital to Assets Ratio (%) | 9.0% | 2022 | ▼ 9.1% | WB |
| Bank Nonperforming Loans (%) | 3.6% | 2022 | ▲ 22.0% | WB |
▶People23 indicators · 2023–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Population | 117,207 | 2024 | ▲ 0.1% | WB |
| Population Growth (%) | 0.1% | 2024 | ▼ 25.1% | WB |
| Population Density (per km²) | 344 | 2023 | ▲ 0.1% | WB |
| Surface Area (sq km) | 340 | 2023 | ▲ 0.0% | WB |
| Land Area (sq km) | 340 | 2023 | ▲ 0.0% | WB |
| Urban Population (%) | 36.6% | 2024 | ▲ 0.3% | WB |
| Urban Population (total) | 42,854 | 2024 | ▲ 0.4% | WB |
| Rural Population (%) | 63.4% | 2024 | ▼ 0.2% | WB |
| Life Expectancy at Birth | 75.2 years | 2023 | ▲ 0.1% | WB |
| Life Expectancy, Male | 72.4 years | 2023 | ▲ 0.0% | WB |
| Life Expectancy, Female | 78.4 years | 2023 | ▲ 0.1% | WB |
| Fertility Rate (births per woman) | 1.5 | 2023 | ▼ 1.0% | WB |
| Birth Rate (per 1,000) | 11.7 | 2023 | ▼ 1.9% | WB |
| Death Rate (per 1,000) | 8.9 | 2023 | ▲ 1.1% | WB |
| Net Migration | -185 | 2025 | ▲ 3.6% | WB |
| Population Ages 0–14 (%) | 19.4% | 2024 | ▼ 2.0% | WB |
| Population Ages 15–64 (%) | 68.3% | 2024 | ▲ 0.1% | WB |
| Population Ages 65+ (%) | 12.2% | 2024 | ▲ 3.1% | WB |
| Age Dependency Ratio (%) | 46.4% | 2024 | ▼ 0.2% | WB |
| Old-Age Dependency Ratio (%) | 17.9% | 2024 | ▲ 3.1% | WB |
| Youth Dependency Ratio (%) | 28.5% | 2024 | ▼ 2.1% | WB |
| Mortality Rate, Adult Male (per 1,000) | 159.7 | 2023 | ▼ 0.4% | WB |
| Mortality Rate, Adult Female (per 1,000) | 105.7 | 2023 | ▼ 0.7% | WB |
▶Labor3 indicators · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Self-Employed (%) | 62.4% | 2023 | ▲ 2.8% | WB |
| Part-Time Employment (%) | 11.5% | 2023 | ▼ 3.6% | WB |
| NEET Youth (% not in education/employment) | 20.1% | 2023 | ▼ 24.8% | WB |
▶Education16 indicators · 2017–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Education Spending (% of GDP) | 5.1% | 2023 | ▲ 26.9% | WB |
| Education Spending (% of govt expenditure) | 11.4% | 2025 | ▼ 21.2% | WB |
| Primary School Enrollment (%) | 110.6% | 2024 | ▲ 11.4% | WB |
| Secondary School Enrollment (%) | 100.7% | 2024 | ▼ 0.3% | WB |
| Tertiary School Enrollment (%) | 100.0% | 2018 | — | WB |
| Primary Completion Rate (%) | 97.5% | 2024 | ▲ 1.8% | WB |
| Lower Secondary Completion Rate (%) | 89.5% | 2024 | ▼ 10.1% | WB |
| Out-of-School Children, Primary | 535 | 2024 | ▲ 57.7% | WB |
| Out-of-School Girls, Primary | 271 | 2021 | — | WB |
| Primary School Teachers | 620 | 2024 | ▼ 8.6% | WB |
| Secondary School Teachers | 816 | 2024 | ▲ 14.3% | WB |
| Pupil-Teacher Ratio, Primary | 16 | 2018 | — | WB |
| Pupil-Teacher Ratio, Secondary | 13 | 2018 | — | WB |
| Expenditure per Student, Primary (% of GDP/cap) | 31.3% | 2017 | — | WB |
| Education Spending, Secondary (% of govt) | 27.4% | 2017 | — | WB |
| Education Spending, Tertiary (% of govt) | 13.6% | 2017 | — | WB |
▶Health30 indicators · 2018–2024 · WHO
▶Energy & Environment13 indicators · 2020–2024 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| CO₂ Emissions (tonnes per capita) | 1.5 | 2024 | ▲ 3.4% | WB |
| CO₂ Emissions (total kilotonnes) | 0 | 2024 | ▲ 3.5% | WB |
| Renewable Electricity Output (%) | 2.0% | 2021 | ▼ 0.1% | WB |
| Renewable Energy Consumption (%) | 10.0% | 2022 | ▼ 2.0% | WB |
| Access to Electricity (%) | 94.4% | 2023 | ▲ 0.2% | WB |
| Access to Clean Fuels for Cooking (%) | 84.2% | 2023 | ▼ 1.1% | WB |
| PM2.5 Air Pollution (µg/m³) | 24.7 | 2020 | ▲ 1.6% | WB |
| Forest Area (%) | 52.1% | 2023 | ▲ 0.0% | WB |
| Forest Area (sq km) | 177 | 2023 | ▲ 0.0% | WB |
| Arable Land (%) | 8.8% | 2023 | ▲ 0.0% | WB |
| Terrestrial Protected Areas (%) | 0.2% | 2024 | ▲ 0.0% | WB |
| Marine Protected Areas (%) | 0.1% | 2024 | ▲ 0.0% | WB |
| Access to Basic Sanitation (%) | 92.6% | 2024 | ▲ 0.0% | WHO |
▶Agriculture10 indicators · 2022–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Agricultural Land (%) | 23.5% | 2023 | ▲ 0.0% | WB |
| Cereal Yield (kg per hectare) | 999 | 2023 | ▼ 0.0% | WB |
| Food Production Index (2014–2016=100) | 86.7 | 2022 | ▼ 8.4% | WB |
| Crop Production Index (2014–2016=100) | 75.9 | 2022 | ▼ 11.2% | WB |
| Livestock Production Index (2014–2016=100) | 137.4 | 2022 | ▼ 0.4% | WB |
| Land Under Cereal Production (hectares) | 390 | 2023 | ▲ 0.3% | WB |
| Total Fisheries Production (metric tonnes) | 3,623 | 2023 | ▲ 85.5% | WB |
| Fertilizer Consumption (kg per hectare) | 64.7 | 2023 | ▲ 0.0% | WB |
| Annual Freshwater Withdrawals (% of internal) | 7.0% | 2022 | ▲ 0.0% | WB |
| Cereal Production (metric tons) | 390 | 2023 | ▲ 0.4% | WB |
▶Technology9 indicators · 2021–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Internet Users (%) | 74.1% | 2023 | ▼ 0.2% | WB |
| Mobile Subscriptions (per 100 people) | 96 | 2022 | ▲ 10.6% | WB |
| Fixed Broadband Subscriptions (per 100) | 29.8 | 2022 | ▲ 14.0% | WB |
| Secure Internet Servers (per million) | 742.3 | 2024 | ▲ 20.7% | WB |
| Patent Applications, Non-Residents | 16 | 2021 | ▲ 0.0% | WB |
| Scientific Journal Articles | 53 | 2022 | ▼ 14.5% | WB |
| High-Technology Exports (USD) | $656,058 | 2024 | ▲ 56.0% | WB |
| ICT Service Exports (% of service exports) | 0.7% | 2024 | ▼ 5.8% | WB |
| ICT Service Exports (USD) | $5.2M | 2024 | ▼ 1.6% | WB |
▶Infrastructure4 indicators · 2021–2022 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Container Port Traffic (TEU) | 22,117 | 2021 | ▲ 79.2% | WB |
| Logistics Performance Index (1–5) | 2.50 | 2022 | — | WB |
| Electricity from Oil (%) | 98.0% | 2021 | ▲ 0.0% | WB |
| Electricity from Nuclear (%) | 0.0% | 2021 | — | WB |
▶Gender7 indicators · 2018–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Women in Parliament (%) | 31.3% | 2024 | ▲ 0.0% | WB |
| Female Labor Force Participation, 15+ (%) | 57.9% | 2023 | ▲ 5.8% | WB |
| Girls Out-of-School Rate (%) | 99.6% | 2018 | — | WB |
| Adolescent Fertility Rate (per 1,000) | 29.1 | 2023 | ▼ 0.9% | WB |
| Gender Parity Index, Primary | 98.87 | 2018 | — | WB |
| Gender Parity Index, Secondary | 1.03 | 2020 | — | WB |
| Gender Parity in Primary Education | 0.98 | 2018 | — | WB |
▶Governance10 indicators · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Control of Corruption | 0.56 | 2023 | ▲ 15.3% | WB |
| Government Effectiveness | -0.01 | 2023 | ▼ 115.7% | WB |
| Political Stability | 1.02 | 2023 | ▼ 1.5% | WB |
| Regulatory Quality | 0.31 | 2023 | ▼ 20.1% | WB |
| Rule of Law | 0.6 | 2023 | ▲ 8.9% | WB |
| Voice & Accountability | 0.75 | 2023 | ▲ 6.8% | WB |
| Control of Corruption (percentile rank) | 68.4% | 2023 | ▲ 0.7% | WB |
| Government Effectiveness (percentile rank) | 50.9% | 2023 | ▼ 6.1% | WB |
| Rule of Law (percentile rank) | 69.3% | 2023 | ▲ 2.1% | WB |
| Political Stability (percentile rank) | 86.3% | 2023 | ▼ 0.1% | WB |
▶Military1 indicator · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Intentional Homicides (per 100,000) | 13.7 | 2023 | ▲ 99.7% | WB |
▶Poverty & Inequality9 indicators · 2018 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Poverty at $3.65/day (%) | 2.9% | 2018 | — | WB |
| Poverty at $6.85/day (%) | 19.6% | 2018 | — | WB |
| Poverty Headcount, National (%) | 25.0% | 2018 | — | WB |
| Gini Index | 43.8 | 2018 | — | WB |
| Income Share, Top 10% | 33.7% | 2018 | — | WB |
| Income Share, Bottom 10% | 2.1% | 2018 | — | WB |
| Income Share, Top 20% | 50.4% | 2018 | — | WB |
| Income Share, Bottom 20% | 5.5% | 2018 | — | WB |
| Poverty Gap at $2.15/day (%) | 0.2% | 2018 | — | WB |
▶Social Protection4 indicators · 2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Human Capital Index (0–1) | 0.57 | 2020 | ▲ 4.4% | WB |
| Human Capital Index, Female | 0.60 | 2020 | ▲ 3.2% | WB |
| Human Capital Index, Male | 0.54 | 2020 | — | WB |
| Learning-Adjusted Years of School | 8.3 years | 2020 | ▲ 6.9% | WB |
▶Tourism4 indicators · 2018–2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| International Tourism, Arrivals | 217,000 | 2020 | ▼ 58.7% | WB |
| Tourism Receipts (USD) | $548.0M | 2018 | — | WB |
| Tourism Expenditures (USD) | $12.0M | 2020 | ▼ 75.0% | WB |
| Tourism Receipts (% of total exports) | 88.2% | 2018 | — | WB |
▶Urban Development2 indicators · 2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Urban Population Growth (%) | 0.4% | 2024 | ▼ 3.9% | WB |
| Rural Population Growth (%) | -0.1% | 2024 | ▼ 1800.5% | WB |
