Grenada – Fast Facts
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Grenada is an upper middle-income economies coming under the Latin American and Caribbean region as to the classification made by the World Bank on the basis of income and region for the year 2006.
Both the Services sector as well as agricultural sector plays an important role in the country’s economy. As to the statistics, services sector contributes a larger share to the country’s GDP followed by agricultural sector.
Grenada is an upper middle-income economies coming under the Latin American and Caribbean region as to the classification made by the World Bank on the basis of income and region for the year 2006.
Both the Services sector as well as agricultural sector plays an important role in the country’s economy. As to the statistics, services sector contributes a larger share to the country’s GDP followed by agricultural sector.
Major agricultural products of the country are banana, cocoa, mace, sugar cane and maize. Important industries are tourism, textile and construction. The country is a leading producer of spices particularly nutmeg and mice.
