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Grenada

Headline economic indicators for Grenada, with the most recent official readings.

Prices

Prices — Grenada
Indicator Value Change
Inflation rate · 0.6% -0.48 (-43.8%)
Consumer price index · 116.3 +0.71 (+0.6%)
GDP deflator inflation · 0.7% +1.92 (+152.3%)

GDP

GDP — Grenada
Indicator Value Change
GDP growth rate · 4.4% +2.01 (+83.9%)
GDP per capita · 12,106.88 +577.96 (+5.0%)
GDP · 1,420,173,228.57 +68,902,858 (+5.1%)
GDP, PPP · 2,503,945,772 +171,153,181 (+7.3%)
GDP per capita, PPP · 21,346 +1,443 (+7.2%)
GDP per capita growth · 4.3% +2.04 (+89.0%)
GNI per capita · 11,660 +870.00 (+8.1%)
Agriculture to GDP · 2.5% -0.15 (-5.7%)
Industry to GDP · 15.5% +0.54 (+3.6%)
Manufacturing to GDP · 3.3% -0.23 (-6.5%)
Services to GDP · 64.9% -0.99 (-1.5%)

Money

Money — Grenada
Indicator Value Change
Real interest rate · 6.2% -2.09 (-25.3%)
Broad money to GDP · 92.0% +84.42 (+1,107.6%)
Private sector credit to GDP · 57.5% +1.85 (+3.3%)
Lending rate · 6.9% -0.03 (-0.4%)
Bank deposit rate · 1.0% -0.00 (-0.3%)
Bank nonperforming loans · 4.1% +1.46 (+55.4%)
Official exchange rate · 2.7 +0.00 (+0.0%)

Trade

Trade — Grenada
Indicator Value Change
Current account to GDP · -23.1% -1.24 (-5.7%)
Trade balance, goods and services (annual) · -186,473,199.63 -29,463,453 (-18.8%)
Current account balance (annual) · -328,495,212.22 -32,735,052 (-11.1%)
Foreign direct investment to GDP · 12.0% -0.11 (-0.9%)
Remittances received to GDP · 3.3% -0.21 (-5.9%)
Total reserves, including gold · 408,148,184.58 -15,114,959 (-3.6%)
Reserves in months of imports · 4.4 -0.30 (-6.4%)
External debt to GNI · 68.6% -5.78 (-7.8%)

Government

Government — Grenada
Indicator Value Change
Education spending to GDP · 5.1% +1.09 (+26.9%)
Health spending to GDP · 4.7% -0.34 (-6.9%)

Demography

Demography — Grenada
Indicator Value Change
Population · 117,303 +96.00 (+0.1%)
Population growth · 0.1% -0.03 (-23.9%)
Life expectancy · 75.4 +0.16 (+0.2%)
Fertility rate · 1.47 -0.02 (-1.0%)
Birth rate · 11.5 -0.23 (-2.0%)
Death rate · 8.9 +0.06 (+0.7%)
Urban population share · 36.7% +0.11 (+0.3%)
Population aged 65 and over · 12.6% +0.39 (+3.2%)
Under-five mortality rate · 18.0 -0.30 (-1.6%)
Population density · 340.7 +0.37 (+0.1%)
Net migration · -185 +7.00 (+3.6%)
Gini index · 43.8 unchanged

Economies nearby

Comparable readings from neighbouring economies.