Grenada Economic Statistics and Indicators

13, Nov 2019, EST. Welcome to the Grenada economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Grenada › Change country
National or Regional Currency: East Caribbean Dollar, CXD
Year of data: 2015 › Change year
Number of Indicators Listed: 36
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 110,152 (July 2014 est.)
Area: total: 344 sq km ; land: 344 sq km ; water: 0 sq km
Natural Resources: timber, tropical fruit, deepwater harbors
Capital: name: Saint George's ; geographic coordinates: 12 03 N, 61 45 W ; time difference: UTC-4 (1 hour ahead of Washington, DC, during Standard Time)

Grenada relies on tourism as its main source of foreign exchange especially since the construction of an international airport in 1985. Hurricanes Ivan (2004) and Emily (2005) severely damaged the agricultural sector - particularly nutmeg and cocoa cultivation - which had been a key driver of economic growth. Grenada has rebounded from the devastating effects of the hurricanes but is now saddled with the debt burden from the rebuilding process. Public debt-to-GDP is nearly 110%, leaving the MITCHELL administration limited room to engage in public investments and social spending. MITCHELL in 2013 announced a structural adjustment program that includes a plan to increase tax revenue. Strong performances in construction and manufacturing, together with the development of tourism and higher education - especially in medicine - have contributed to growth in national output; however, economic growth remained stagnant in 2010-13 after a sizeable contraction in 2009, because of the global economic slowdown's effects on tourism and remittances.
More on the Grenada Economy
More on the Grenada Export, Import and Trade

GDP (Constant Prices, National Currency) for Grenada in year 2015 is CXD 2.116 Billion.

GDP Growth (Constant Prices, National Currency) for Grenada in year 2015 is 4.579 %.

GDP (Current Prices, National Currency) for Grenada in year 2015 is CXD 2.575 Billion.

GDP (Current Prices, US Dollars) for Grenada in year 2015 is US$ 0.954 Billion.

GDP Deflator for Grenada in year 2015 is 121.694 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Grenada in year 2015 is CXD 19,827.36 .

GDP Per Capita (Current Prices, National Currency) for Grenada in year 2015 is CXD 24,128.76 .

GDP Per Capita (Current Prices, US Dollars) for Grenada in year 2015 is US$ 8,936.58 .

GDP (PPP), US Dollars for Grenada in year 2015 is US$ 1.401 Billion.

GDP Per Capita (PPP), US Dollars for Grenada in year 2015 is US$ 13,128.49 .

GDP Share of World Total (PPP) for Grenada in year 2015 is 0.001 %.

Implied PPP Conversion Rate for Grenada in year 2015 is 1.838 .

Investment (% of GDP) for Grenada in year 2015 is 18.902 %.

Gross National Savings (% of GDP) for Grenada in year 2015 is 3.79 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Grenada in year 2015 is 106.945 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Grenada in year 2015 is -1.286 %.

Inflation, End of Year (Indexed to Year 2000) for Grenada in year 2015 is 106.409 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Grenada in year 2015 is -1.171 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Grenada in year 2015 is 18.868 %.

Import Volumes of Goods Only (Percent Change) for Grenada in year 2015 is 18.868 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Grenada in year 2015 is 6.904 %.

Export Volumes of Goods Only (Percent Change) for Grenada in year 2015 is -0.226 %.

Population for Grenada in year 2015 is 0.107 Million .

General government revenue (National Currency) for Grenada in year 2015 is CXD 0.658 Billions.

General government revenue (% of GDP) for Grenada in year 2015 is 25.566 %.

General government total expenditure (National Currency) for Grenada in year 2015 is CXD 0.691 Billions.

General government total expenditure (% of GDP) for Grenada in year 2015 is 26.825 %.

Total Government Net Lending/ Borrowing (National Currency) for Grenada in year 2015 is CXD -0.032 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Grenada in year 2015 is -1.258 %.

General Government Structural Balance (National Currency) for Grenada in year 2015 is CXD -0.034 Billion.

General Government Structural Balance (% Potential GDP) for Grenada in year 2015 is -1.331 %.

Fiscal Year Gross Domestic Product, Current Prices for Grenada in year 2015 is CXD 2.575 Billions.

Current Account Balance (US Dollars) for Grenada in year 2015 is US$ -0.144 Billion.

Current Account Balance (% GDP) for Grenada in year 2015 is -15.112 %.