Grenada Economy

By: EconomyWatch   Date: 29 June 2010

About The Author

EconomyWatch

The core Content Team our economy, industry, investing and personal finance reference articles.

EconomyWatch, Content Team

 

  • Dot Div
  •      

Grenada is an Upper Middle Income Country comes under the Latin America and the Caribbean region, according to the classification made by the World Bank on the basis of income and region for the year 2006.

Grenada has a total surface area of 340.0 square kilometer as of the year 2004 with a forest area of 40.0 square kilometers in 2000.

 

Grenada Economy Social Indicators

Grenada's demographic and social indicators are as follows:

Social Indicators 2000 2003 2004 Population, total 101.4 thousand 104.6 thousand 105.7 thousand Population growth (annual %) 0.7 1.1 1.1 Life expectancy at birth, total (years) 72.5 .. .. Fertility rate, total (births per woman) 3.2 3.0 .. Mortality rate, infant (per 1,000 live births) 21.0 .. 17.5

  

Population Growth(Annual %)

Economic Indicators of Grenada Economy

Services sector particularly the tourism industry acts as the driving force for the economy. Agriculture productions in the country has brought more success through exports.

Important economic indicators of the country are as follows:

GDP Growth (Anuual % )

Grenada Economy Indicator 2000 2003 2004 GNI, Atlas method (current US$) 370.0 million 386.3 million 396.5 million GNI per capita, Atlas method (current US$) 3,650.0 3,690.0 3,750.0 GDP (current US$) 410.4 million 437.4 million 437.3 million GDP growth (annual %) 7.0 5.7 -2.8 Inflation, GDP deflator (annual %) 1.6 2.3 2.9

 

blog comments powered by Disqus