GDP (current LCU), annual growth rate (Country official) in Grenada
Grenada: GDP (current LCU), annual growth rate (Country official) was 5.1 % change on previous year in 2025. ◆ Volatile
GDP (current LCU), annual growth rate in Grenada, 1978–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, gdp (current lcu), annual growth rate in Grenada stood at 5.1 % change on previous year.
That represents a change of up 358.8% on the previous year and down 45.6% over ten years.
Over the whole period, gdp (current lcu), annual growth rate in Grenada peaked at 23.54 % change on previous year in 1978 and was at its lowest, -14.02 % change on previous year, in 2020.
Grenada ranks 144th of 212 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU), annual growth rate (Country official) in Grenada, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | 23.54 % change on previous year | — |
| 1979 | 15.76 % change on previous year | -33.0% |
| 1980 | 8.47 % change on previous year | -46.3% |
| 1981 | 4.28 % change on previous year | -49.4% |
| 1982 | 8.46 % change on previous year | +97.4% |
| 1983 | 5.08 % change on previous year | -40.0% |
| 1984 | 10.42 % change on previous year | +105.2% |
| 1985 | 15.25 % change on previous year | +46.4% |
| 1986 | 11.84 % change on previous year | -22.4% |
| 1987 | 14.62 % change on previous year | +23.4% |
| 1988 | 9.93 % change on previous year | -32.1% |
| 1989 | 13.1 % change on previous year | +32.0% |
| 1990 | 4.03 % change on previous year | -69.3% |
| 1991 | 8.15 % change on previous year | +102.2% |
| 1992 | 3.13 % change on previous year | -61.6% |
| 1993 | -0.1122 % change on previous year | -103.6% |
| 1994 | 4.94 % change on previous year | -4499.5% |
| 1995 | 5.25 % change on previous year | +6.3% |
| 1996 | 7.23 % change on previous year | +37.8% |
| 1997 | 6.89 % change on previous year | -4.7% |
| 1998 | 13.7 % change on previous year | +98.8% |
| 1999 | 8.1 % change on previous year | -40.9% |
| 2000 | 7.89 % change on previous year | -2.6% |
| 2001 | 0.0769 % change on previous year | -99.0% |
| 2002 | 3.82 % change on previous year | +4869.3% |
| 2003 | 9.38 % change on previous year | +145.4% |
| 2004 | 1.37 % change on previous year | -85.4% |
| 2005 | 16.1 % change on previous year | +1074.5% |
| 2006 | 0.4521 % change on previous year | -97.2% |
| 2007 | 8.59 % change on previous year | +1799.1% |
| 2008 | 8.87 % change on previous year | +3.3% |
| 2009 | -6.62 % change on previous year | -174.7% |
| 2010 | -0.0336 % change on previous year | -99.5% |
| 2011 | 0.991 % change on previous year | -3048.1% |
| 2012 | 2.73 % change on previous year | +175.1% |
| 2013 | 5.34 % change on previous year | +96.0% |
| 2014 | 8.17 % change on previous year | +53.0% |
| 2015 | 9.38 % change on previous year | +14.8% |
| 2016 | 6.48 % change on previous year | -30.9% |
| 2017 | 6.03 % change on previous year | -6.9% |
| 2018 | 3.63 % change on previous year | -39.9% |
| 2019 | 4.03 % change on previous year | +11.0% |
| 2020 | -14.02 % change on previous year | -448.1% |
| 2021 | 7.55 % change on previous year | -153.9% |
| 2022 | 9.07 % change on previous year | +20.1% |
| 2023 | 9.18 % change on previous year | +1.3% |
| 2024 | 1.11 % change on previous year | -87.9% |
| 2025 | 5.1 % change on previous year | +358.8% |
Grenada compared with similar countries
- Grenada's 5.1 % change on previous year is below the median for upper middle income countries, which is 6.88 % change on previous year, 74% of the median. (59 countries reporting)
- Grenada's 5.1 % change on previous year is below the median for Latin America & Caribbean, which is 6.6 % change on previous year, 77% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU), annual growth rate (Country official) 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 |
|---|---|---|---|
| 2002 | +4869.3% | 0.0769 % change on previous year | 3.82 % change on previous year |
| 1994 | +4499.5% | -0.1122 % change on previous year | 4.94 % change on previous year |
| 2011 | +3048.1% | -0.0336 % change on previous year | 0.991 % change on previous year |
| 2007 | +1799.1% | 0.4521 % change on previous year | 8.59 % change on previous year |
| 2005 | +1074.5% | 1.37 % change on previous year | 16.1 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.65 % change on previous year | 15.76 % change on previous year | 23.54 % change on previous year | 2 |
| 1980s | 10.14 % change on previous year | 4.28 % change on previous year | 15.25 % change on previous year | 10 |
| 1990s | 6.13 % change on previous year | -0.1122 % change on previous year | 13.7 % change on previous year | 10 |
| 2000s | 4.99 % change on previous year | -6.62 % change on previous year | 16.1 % change on previous year | 10 |
| 2010s | 4.68 % change on previous year | -0.0336 % change on previous year | 9.38 % change on previous year | 10 |
| 2020s | 3 % change on previous year | -14.02 % change on previous year | 9.18 % change on previous year | 6 |
Countries ranked near Grenada
- 141 Macao 5.15 % change on previous year compare
- 142 United Kingdom 5.13 % change on previous year compare
- 143 Jordan 5.1 % change on previous year compare
- 145 Israel 5.09 % change on previous year compare
- 146 Dominica 5.08 % change on previous year compare
- 147 Lesotho 5.04 % change on previous year 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0147 units per US$ of GDP (2025)
Frequently asked questions
- What is gdp (current lcu), annual growth rate in Grenada?
- Gdp (current lcu), annual growth rate in Grenada was 5.1 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gdp (current lcu), annual growth rate recorded in Grenada?
- The highest recorded value was 23.54 % change on previous year in 1978.
- What is the lowest gdp (current lcu), annual growth rate recorded in Grenada?
- The lowest recorded value was -14.02 % change on previous year in 2020.
- How does Grenada rank for gdp (current lcu), annual growth rate?
- Grenada ranks 144th out of 212 countries with data for 2025.
- Is gdp (current lcu), annual growth rate rising or falling in Grenada?
- Over the last ten years it is down 45.6%. The long-run trend across the full record is volatile.
- Where does this Grenada data come from?
- The figures come from Statizoid (derived), published as part of GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- 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
The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.