Annual growth rate of real GDP per capita in Grenada
Grenada: Annual growth rate of real GDP per capita was 3.9% in 2024. ◆ Volatile
Latest (2024)
3.9%
Change on year
down 11.4%
World rank
50th
of 226 countries
All-time high
12.8%
in 2005
All-time low
-14.0%
in 2020
Years of data
25
2000–2024
Annual growth rate of real GDP per capita in Grenada, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Grenada recorded 3.9% for annual growth rate of real gdp per capita in 2024.
Compared with earlier readings it is down 11.4% on the previous year and down 41.8% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Grenada peaked at 12.8% in 2005 and was at its lowest, -14.0%, in 2020.
Grenada ranks 50th of 226 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita in Grenada, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 4.2% | — |
| 2001 | -2.5% | -159.5% |
| 2002 | 3.0% | -220.0% |
| 2003 | 9.0% | +200.0% |
| 2004 | -1.0% | -111.1% |
| 2005 | 12.8% | -1380.0% |
| 2006 | -4.3% | -133.6% |
| 2007 | 5.8% | -234.9% |
| 2008 | 0.6% | -89.7% |
| 2009 | -7.0% | -1266.7% |
| 2010 | -0.8% | -88.6% |
| 2011 | 0.3% | -137.5% |
| 2012 | -1.8% | -700.0% |
| 2013 | 1.7% | -194.4% |
| 2014 | 6.7% | +294.1% |
| 2015 | 5.9% | -11.9% |
| 2016 | 3.3% | -44.1% |
| 2017 | 4.2% | +27.3% |
| 2018 | 4.1% | -2.4% |
| 2019 | 0.4% | -90.2% |
| 2020 | -14.0% | -3600.0% |
| 2021 | 4.4% | -131.4% |
| 2022 | 7.1% | +61.4% |
| 2023 | 4.4% | -38.0% |
| 2024 | 3.9% | -11.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.1% | -7.0% | 12.8% | 10 |
| 2010s | 2.4% | -1.8% | 6.7% | 10 |
| 2020s | 1.2% | -14.0% | 7.1% | 5 |
Countries ranked near Grenada
- 49 Bulgaria 4.0% compare
- 50 Azerbaijan 3.9% compare
- 52 Costa Rica 3.8% compare
- 52 Malaysia 3.8% compare
- 52 Nepal 3.8% 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)
- Agriculture, forestry, and fishing, value added (current LCU), annual -0.9003 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0686 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 830.2 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 4.5 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0246 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 297.64 constant 2015 US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant LCU) 4.5 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.0587 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Grenada?
- Annual growth rate of real gdp per capita in Grenada was 3.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Grenada?
- The highest recorded value was 12.8% in 2005.
- What is the lowest annual growth rate of real gdp per capita recorded in Grenada?
- The lowest recorded value was -14.0% in 2020.
- How does Grenada rank for annual growth rate of real gdp per capita?
- Grenada ranks 50th out of 226 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Grenada?
- Over the last ten years it is down 41.8%. The long-run trend across the full record is volatile.
- Where does this Grenada data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).