Economic Structure of Grenada
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Among the various sectors of the economy, the percentage share of the services sector in the total GDP is the highest. It was 66.7 percent as of the year 2003.
Major industries of the country are food products, textiles, light assembly, tourism and construction.
Important agricultural products in the country are banana, sugarcane, maize, vegetables and Cocoa.
The following table shows the percentage share of varoius sectors in the total GDP.
Among the various sectors of the economy, the percentage share of the services sector in the total GDP is the highest. It was 66.7 percent as of the year 2003.
Major industries of the country are food products, textiles, light assembly, tourism and construction.
Important agricultural products in the country are banana, sugarcane, maize, vegetables and Cocoa.
The following table shows the percentage share of varoius sectors in the total GDP.
% Of GDP 1984-85
1994-95 2003-04
Agriculture 19.9 10.1 9.7 Industry 16.7 19.6 23.6 Manufacturing 5.4 6.3 6.2 Services 63.3 70.3 66.7
The value additions by different sectors as the percentage of the total GDP of the country are as follows:
2000 2003 2004 Agriculture, value added (% of GDP) 7.7 9.8 8.5 Industry, value added (% of GDP) 24.3 24.1 23.1 Services, etc., value added (% of GDP) 68.0 66.1 68.4
