Annual gdp growth in Grenada
Grenada: Annual gdp growth was 3.96 in 2024. ◆ Volatile
Annual gdp growth in Grenada, 2000–2024
Source: Our World in Data.
Analysis
In 2024, annual gdp growth in Grenada stood at 3.96.
Compared with earlier readings it is down 12.6% on the previous year and down 46.0% over ten years.
Over the whole period, annual gdp growth in Grenada peaked at 13.28 in 2005 and was at its lowest, -13.76, in 2020.
That places Grenada 76th out of 212 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual gdp growth in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.89 | — |
| 2001 | -2.02 | -141.3% |
| 2002 | 3.44 | -270.3% |
| 2003 | 9.46 | +175.0% |
| 2004 | -0.65 | -106.9% |
| 2005 | 13.28 | -2143.1% |
| 2006 | -4 | -130.1% |
| 2007 | 6.12 | -253.0% |
| 2008 | 0.95 | -84.5% |
| 2009 | -6.61 | -795.8% |
| 2010 | -0.51 | -92.3% |
| 2011 | 0.76 | -249.0% |
| 2012 | -1.15 | -251.3% |
| 2013 | 2.35 | -304.3% |
| 2014 | 7.34 | +212.3% |
| 2015 | 6.45 | -12.1% |
| 2016 | 3.74 | -42.0% |
| 2017 | 4.44 | +18.7% |
| 2018 | 4.36 | -1.8% |
| 2019 | 0.68 | -84.4% |
| 2020 | -13.76 | -2123.5% |
| 2021 | 4.7 | -134.2% |
| 2022 | 7.31 | +55.5% |
| 2023 | 4.53 | -38.0% |
| 2024 | 3.96 | -12.6% |
Grenada compared with similar countries
- Grenada's 3.96 is above the median for upper middle income countries, which is 3.5, 1.1× the median. (58 countries reporting)
- Grenada's 3.96 is above the median for Latin America & Caribbean, which is 3.3, 1.2× the median. (41 countries reporting)
Biggest year-on-year movements
Years where Annual gdp growth in Grenada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +2143.1% | -0.65 | 13.28 |
| 2020 | -2123.5% | 0.68 | -13.76 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.49 | -6.61 | 13.28 | 10 |
| 2010s | 2.85 | -1.15 | 7.34 | 10 |
| 2020s | 1.35 | -13.76 | 7.31 | 5 |
Countries ranked near Grenada
More economy & growth data for Grenada
- Real gdp growth, annual growth rate 83.75 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate -63.96 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 26.01 units per person (2025)
- SDRs holdings, SDR, annual growth rate -65.68 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0016 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 18.99 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Grenada?
- Annual gdp growth in Grenada was 3.96 in 2024, according to Our World in Data.
- What is the highest annual gdp growth recorded in Grenada?
- The highest recorded value was 13.28 in 2005.
- What is the lowest annual gdp growth recorded in Grenada?
- The lowest recorded value was -13.76 in 2020.
- How does Grenada rank for annual gdp growth?
- Grenada ranks 76th out of 212 countries with data for 2024.
- Is annual gdp growth rising or falling in Grenada?
- Over the last ten years it is down 46.0%. The long-run trend across the full record is volatile.
- Where does this Grenada data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
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