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COUNTRY OUTLOOK / GD

Grenada

Currency union · XCD

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Missing or stale rateTarget · 31 Oct 2026Issued · 15 Sep 2026, 02:54 UTCRESEARCH ONLY
CapitalSaint George's
RegionLatin America & Caribbean
Income groupUpper middle income
CurrencyEastern Caribbean dollar
GDP$1.42B2025 · current US$
Real GDP growth4.41%2025 · annual %
Population117.3K2025 · people
GDP per capita$12,106.882025 · current US$

Latest available annual observations; years differ by indicator. Monetary values use the stated current-price basis and are not forecasts. World Bank data fetched 2026-09-15.

Economic structure

2025 · share of GDP

Broad sectors use the latest common year. Manufacturing is included in industry. Shares can total less than 100% because of taxes and accounting adjustments.

Grenada's largest reported broad sector is services in 2025.

Monetary & research context

Policy authorityXCD
Policy frameworkcurrency union
Native targetpolicy benchmark rate
Decision evidence0
Calendar evidence0
Communication records0

Evidence counts include research inputs; they do not establish live coverage or independent observations. A country's economic composition is descriptive and does not establish what caused a model forecast.

Country events & results ↗

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Real GDP growth

4.41% · 2025 · annual %

Real GDP growth · annual %-13.76%-3.21%7.34%2014: 7.34212396037948 annual %2015: 6.44522314693144 annual %2016: 3.7396039558691 annual %2017: 4.43867566948151 annual %2018: 4.36144039364797 annual %2019: 0.676511738873756 annual %2020: -13.7566222572107 annual %2021: 4.6977240232674 annual %2022: 7.31023806981959 annual %2023: 4.52657497450693 annual %2024: 2.3996478454327 annual %2025: 4.41201 annual %20142025
View annual observations
YearValue (annual %)
20254.412
20242.400
20234.527
20227.310
20214.698
2020-13.757
20190.677
20184.361
20174.439
20163.740
20156.445
20147.342
World Bank source & definition ↗

Economy

GDP$1.42B2025 · current US$Source & definition ↗
Real GDP growth4.41%2025 · annual %Source & definition ↗
GDP per capita$12,106.882025 · current US$Source & definition ↗
GDP at purchasing power parityInt$ 2.5B2025 · current international $Source & definition ↗

People

Population117.3K2025 · peopleSource & definition ↗
Population growth0.08%2025 · annual %Source & definition ↗
Urban population36.67%2025 · % of populationSource & definition ↗
Life expectancy75.372024 · yearsSource & definition ↗
Unemployment · ILO estimateNot available% of labor force
Labor force participation · ages 15+Not available% of population ages 15+

Sectors

Agriculture, forestry & fishing2.54%2025 · % of GDPSource & definition ↗
Industry including construction15.49%2025 · % of GDPSource & definition ↗
Services64.94%2025 · % of GDPSource & definition ↗
Manufacturing3.30%2025 · % of GDPSource & definition ↗

Trade & investment

Exports of goods & servicesNot available% of GDP
Imports of goods & servicesNot available% of GDP
Current account balance-23.13%2025 · % of GDPSource & definition ↗
Foreign direct investment · net inflows12.02%2025 · % of GDPSource & definition ↗

Money & public finance

Consumer inflation0.61%2025 · annual %Source & definition ↗
Central government debtNot available% of GDP
Tax revenueNot available% of GDP
Government cash surplus / deficitNot available% of GDP
Domestic credit to private sector57.54%2025 · % of GDPSource & definition ↗
Total reserves including gold$408.15M2025 · current US$Source & definition ↗

Infrastructure

Internet use70.16%2024 · % of populationSource & definition ↗
Access to electricity95.60%2024 · % of populationSource & definition ↗

Geography

Surface area3402023 · square kmSource & definition ↗

Government debt covers central government, which can differ substantially from general-government debt. Indicator definitions, estimation methods and coverage differ. Latest available does not mean current-year: older observations remain explicitly dated. Source: World Bank WDI and its underlying contributors.

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Every forecast has a boundary.This is a dated research snapshot, not an automatically updating market feed. Source gaps, model limitations, and adverse results are retained.

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