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Economy of Grenada

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Overview Economy Population Trade Government Finance Society Environment

GDP Composition by Industry

8.3% 9.8% 16.2% 10.5% 51.7%
  • Agriculture, forestry & fishing: 3.5%
  • Mining, manufacturing & utilities: 8.3%
  • Construction: 9.8%
  • Trade, restaurants & hotels: 16.2%
  • Transport & communication: 10.5%
  • Finance, real estate & other services: 51.7%
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Agriculture, forestry & fishing
3.5%
Mining, manufacturing & utilities
8.3%
Construction
9.8%
Trade, restaurants & hotels
16.2%
Transport & communication
10.5%
Finance, real estate & other services
51.7%

Share of total gross value added by industry.
Source: UN National Accounts, 2024.

GDP

GDP (USD) 1.48B #177 / 190 2026
GDP (Local currency - XCD) 4B - 2026
Real GDP (Local currency - XCD) 2.78B - 2026
PPP GDP (Int$) 2.66B #177 / 191 2026
GNI (USD) 1.24B #195 / 210 2024

GDP per Capita

GDP per Capita (USD) 12,689 #80 / 190 2026
GDP per Capita (Local currency - XCD) 34,259 - 2026
Real GDP per Capita (Local currency - XCD) 23,781 - 2026
PPP GDP per Capita (Int$) 22,729 #94 / 191 2026
GNI per Capita (USD) 10,587 #94 / 210 2024

Economic Growth

GDP Growth 3.1% #87 / 191 2026

Prices and Inflation

Inflation Rate 1.3% #181 / 191 2026

Labor Market

Unemployment Rate No data - -

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