Adjusted savings: education expenditure (current US$), per unit of GDP in Grenada
Grenada: Adjusted savings: education expenditure (current US$), per unit of GDP was 0.0353 current US$ per US$ of GDP in 2021. ▼ Falling
Adjusted savings: education expenditure (current US$), per unit of GDP in Grenada, 1977–2021
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2021, adjusted savings: education expenditure (current us$), per unit of gdp in Grenada stood at 0.0353 current US$ per US$ of GDP.
That represents a change of up 1.2% on the previous year and down 1.8% over ten years.
Over the whole period, adjusted savings: education expenditure (current us$), per unit of gdp in Grenada peaked at 0.0531 current US$ per US$ of GDP in 1992 and was at its lowest, 0.0331 current US$ per US$ of GDP, in 2015.
Grenada ranks 109th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 45 years of available data.
Adjusted savings: education expenditure (current US$), per unit of GDP in Grenada, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1977 | 0.0491 current US$ per US$ of GDP | — |
| 1978 | 0.0482 current US$ per US$ of GDP | -1.9% |
| 1979 | 0.0486 current US$ per US$ of GDP | +0.8% |
| 1980 | 0.0488 current US$ per US$ of GDP | +0.4% |
| 1981 | 0.048 current US$ per US$ of GDP | -1.5% |
| 1982 | 0.0484 current US$ per US$ of GDP | +0.8% |
| 1983 | 0.0492 current US$ per US$ of GDP | +1.6% |
| 1984 | 0.0496 current US$ per US$ of GDP | +0.8% |
| 1985 | 0.0501 current US$ per US$ of GDP | +1.0% |
| 1986 | 0.0505 current US$ per US$ of GDP | +0.9% |
| 1987 | 0.0508 current US$ per US$ of GDP | +0.6% |
| 1988 | 0.0514 current US$ per US$ of GDP | +1.2% |
| 1989 | 0.0513 current US$ per US$ of GDP | -0.2% |
| 1990 | 0.0513 current US$ per US$ of GDP | -0.0% |
| 1991 | 0.0528 current US$ per US$ of GDP | +2.8% |
| 1992 | 0.0531 current US$ per US$ of GDP | +0.6% |
| 1993 | 0.0525 current US$ per US$ of GDP | -1.0% |
| 1994 | 0.0525 current US$ per US$ of GDP | +0.0% |
| 1995 | 0.0519 current US$ per US$ of GDP | -1.3% |
| 1996 | 0.0517 current US$ per US$ of GDP | -0.3% |
| 1997 | 0.0517 current US$ per US$ of GDP | -0.1% |
| 1998 | 0.0512 current US$ per US$ of GDP | -0.9% |
| 1999 | 0.0479 current US$ per US$ of GDP | -6.4% |
| 2000 | 0.0443 current US$ per US$ of GDP | -7.5% |
| 2001 | 0.0406 current US$ per US$ of GDP | -8.4% |
| 2002 | 0.0372 current US$ per US$ of GDP | -8.3% |
| 2003 | 0.0343 current US$ per US$ of GDP | -7.8% |
| 2004 | 0.0334 current US$ per US$ of GDP | -2.6% |
| 2005 | 0.036 current US$ per US$ of GDP | +7.6% |
| 2006 | 0.0359 current US$ per US$ of GDP | -0.1% |
| 2007 | 0.0355 current US$ per US$ of GDP | -1.3% |
| 2008 | 0.0356 current US$ per US$ of GDP | +0.3% |
| 2009 | 0.0344 current US$ per US$ of GDP | -3.2% |
| 2010 | 0.0356 current US$ per US$ of GDP | +3.3% |
| 2011 | 0.036 current US$ per US$ of GDP | +1.2% |
| 2012 | 0.0359 current US$ per US$ of GDP | -0.2% |
| 2013 | 0.0364 current US$ per US$ of GDP | +1.3% |
| 2014 | 0.0341 current US$ per US$ of GDP | -6.2% |
| 2015 | 0.0331 current US$ per US$ of GDP | -2.9% |
| 2016 | 0.0341 current US$ per US$ of GDP | +2.9% |
| 2017 | 0.0334 current US$ per US$ of GDP | -1.8% |
| 2018 | 0.0338 current US$ per US$ of GDP | +1.1% |
| 2019 | 0.0339 current US$ per US$ of GDP | +0.3% |
| 2020 | 0.0349 current US$ per US$ of GDP | +2.9% |
| 2021 | 0.0353 current US$ per US$ of GDP | +1.2% |
Grenada compared with similar countries
- Grenada's 0.0353 current US$ per US$ of GDP is below the median for upper middle income countries, which is 0.0376 current US$ per US$ of GDP, 94% of the median. (55 countries reporting)
- Grenada's 0.0353 current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.0403 current US$ per US$ of GDP, 88% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0486 current US$ per US$ of GDP | 0.0482 current US$ per US$ of GDP | 0.0491 current US$ per US$ of GDP | 3 |
| 1980s | 0.0498 current US$ per US$ of GDP | 0.048 current US$ per US$ of GDP | 0.0514 current US$ per US$ of GDP | 10 |
| 1990s | 0.0517 current US$ per US$ of GDP | 0.0479 current US$ per US$ of GDP | 0.0531 current US$ per US$ of GDP | 10 |
| 2000s | 0.0367 current US$ per US$ of GDP | 0.0334 current US$ per US$ of GDP | 0.0443 current US$ per US$ of GDP | 10 |
| 2010s | 0.0346 current US$ per US$ of GDP | 0.0331 current US$ per US$ of GDP | 0.0364 current US$ per US$ of GDP | 10 |
| 2020s | 0.0351 current US$ per US$ of GDP | 0.0349 current US$ per US$ of GDP | 0.0353 current US$ per US$ of GDP | 2 |
Countries ranked near Grenada
- 106 Tanzania 0.0357 current US$ per US$ of GDP compare
- 107 Ecuador 0.0353 current US$ per US$ of GDP compare
- 108 Sao Tome and Principe 0.0353 current US$ per US$ of GDP compare
- 110 Togo 0.0353 current US$ per US$ of GDP compare
- 111 Kuwait 0.035 current US$ per US$ of GDP compare
- 112 Liberia 0.0343 current US$ per US$ of GDP compare
More economy & growth data for Grenada
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.29 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.71 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -3.62 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0025 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -30.86 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 170.66 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 4.11 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1202 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,455 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -3.57 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure (current us$), per unit of gdp in Grenada?
- Adjusted savings: education expenditure (current us$), per unit of gdp in Grenada was 0.0353 current US$ per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest adjusted savings: education expenditure (current us$), per unit of gdp recorded in Grenada?
- The highest recorded value was 0.0531 current US$ per US$ of GDP in 1992.
- What is the lowest adjusted savings: education expenditure (current us$), per unit of gdp recorded in Grenada?
- The lowest recorded value was 0.0331 current US$ per US$ of GDP in 2015.
- How does Grenada rank for adjusted savings: education expenditure (current us$), per unit of gdp?
- Grenada ranks 109th out of 194 countries with data for 2021.
- Is adjusted savings: education expenditure (current us$), per unit of gdp rising or falling in Grenada?
- Over the last ten years it is down 1.8%. The long-run trend across the full record is falling.
- Where does this Grenada data come from?
- The figures come from Statizoid (derived), published as part of Adjusted savings: education expenditure (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Adjusted savings: education expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Adjusted savings: education expenditure (current US$) ÷ GDP (current US$)
Computed from
- Adjusted savings: education expenditure Staff estimates, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Adjusted savings: education expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.