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
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 228 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% |
Grenada compared with similar countries
- Grenada's 3.9% is above the median for upper middle income countries, which is 2.9%, 1.3× the median. (55 countries reporting)
- Grenada's 3.9% is above the median for Latin America & Caribbean, which is 2.2%, 1.8× the median. (38 countries reporting)
Biggest year-on-year movements
Years where Annual growth rate of real GDP per capita (%) 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 |
|---|---|---|---|
| 2020 | -3600.0% | 0.4% | -14.0% |
| 2005 | +1380.0% | -1.0% | 12.8% |
| 2009 | -1266.7% | 0.6% | -7.0% |
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
- 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 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 228 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.
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