Gross domestic product (GDP) in Grenada
Grenada: Gross domestic product (GDP) was 1.79 billion international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
1.79 billion international-$ in 2021 prices
Change on year
up 1.3%
World rank
176th
of 184 countries
All-time high
1.84 billion international-$ in 2021 prices
in 2019
All-time low
230.21 million international-$ in 2021 prices
in 1970
Years of data
54
1970–2023
Gross domestic product (GDP) in Grenada, 1970–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Grenada is 1.79 billion international-$ in 2021 prices, measured in 2023.
That represents a change of up 1.3% on the previous year and up 28.7% over ten years.
Over the whole period, gross domestic product (gdp) in Grenada peaked at 1.84 billion international-$ in 2021 prices in 2019 and was at its lowest, 230.21 million international-$ in 2021 prices, in 1970.
Grenada ranks 176th of 184 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Grenada, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1970 | 230.21 million international-$ in 2021 prices | — |
| 1971 | 242.57 million international-$ in 2021 prices | +5.4% |
| 1972 | 266.52 million international-$ in 2021 prices | +9.9% |
| 1973 | 291.10 million international-$ in 2021 prices | +9.2% |
| 1974 | 273.67 million international-$ in 2021 prices | -6.0% |
| 1975 | 320.31 million international-$ in 2021 prices | +17.0% |
| 1976 | 343.97 million international-$ in 2021 prices | +7.4% |
| 1977 | 313.85 million international-$ in 2021 prices | -8.8% |
| 1978 | 354.00 million international-$ in 2021 prices | +12.8% |
| 1979 | 353.92 million international-$ in 2021 prices | -0.0% |
| 1980 | 384.06 million international-$ in 2021 prices | +8.5% |
| 1981 | 357.34 million international-$ in 2021 prices | -7.0% |
| 1982 | 375.70 million international-$ in 2021 prices | +5.1% |
| 1983 | 395.67 million international-$ in 2021 prices | +5.3% |
| 1984 | 436.46 million international-$ in 2021 prices | +10.3% |
| 1985 | 430.04 million international-$ in 2021 prices | -1.5% |
| 1986 | 424.06 million international-$ in 2021 prices | -1.4% |
| 1987 | 498.14 million international-$ in 2021 prices | +17.5% |
| 1988 | 500.02 million international-$ in 2021 prices | +0.4% |
| 1989 | 557.82 million international-$ in 2021 prices | +11.6% |
| 1990 | 578.46 million international-$ in 2021 prices | +3.7% |
| 1991 | 598.24 million international-$ in 2021 prices | +3.4% |
| 1992 | 710.38 million international-$ in 2021 prices | +18.7% |
| 1993 | 654.38 million international-$ in 2021 prices | -7.9% |
| 1994 | 704.45 million international-$ in 2021 prices | +7.7% |
| 1995 | 734.31 million international-$ in 2021 prices | +4.2% |
| 1996 | 854.56 million international-$ in 2021 prices | +16.4% |
| 1997 | 816.05 million international-$ in 2021 prices | -4.5% |
| 1998 | 872.21 million international-$ in 2021 prices | +6.9% |
| 1999 | 884.04 million international-$ in 2021 prices | +1.4% |
| 2000 | 876.24 million international-$ in 2021 prices | -0.9% |
| 2001 | 762.69 million international-$ in 2021 prices | -13.0% |
| 2002 | 836.40 million international-$ in 2021 prices | +9.7% |
| 2003 | 706.19 million international-$ in 2021 prices | -15.6% |
| 2004 | 904.79 million international-$ in 2021 prices | +28.1% |
| 2005 | 1.06 billion international-$ in 2021 prices | +17.5% |
| 2006 | 1.05 billion international-$ in 2021 prices | -1.4% |
| 2007 | 1.12 billion international-$ in 2021 prices | +6.6% |
| 2008 | 1.20 billion international-$ in 2021 prices | +7.0% |
| 2009 | 1.13 billion international-$ in 2021 prices | -5.1% |
| 2010 | 1.23 billion international-$ in 2021 prices | +8.6% |
| 2011 | 1.33 billion international-$ in 2021 prices | +7.8% |
| 2012 | 1.36 billion international-$ in 2021 prices | +2.7% |
| 2013 | 1.39 billion international-$ in 2021 prices | +1.9% |
| 2014 | 1.51 billion international-$ in 2021 prices | +8.5% |
| 2015 | 1.52 billion international-$ in 2021 prices | +0.9% |
| 2016 | 1.59 billion international-$ in 2021 prices | +4.5% |
| 2017 | 1.66 billion international-$ in 2021 prices | +4.2% |
| 2018 | 1.79 billion international-$ in 2021 prices | +8.0% |
| 2019 | 1.84 billion international-$ in 2021 prices | +3.0% |
| 2020 | 1.60 billion international-$ in 2021 prices | -13.1% |
| 2021 | 1.64 billion international-$ in 2021 prices | +2.3% |
| 2022 | 1.76 billion international-$ in 2021 prices | +7.7% |
| 2023 | 1.79 billion international-$ in 2021 prices | +1.3% |
Grenada compared with similar countries
- Grenada's 1.79 billion international-$ in 2021 prices is below the median for upper middle income countries, which is 148.60 billion international-$ in 2021 prices, 1% of the median. (51 countries reporting)
- Grenada's 1.79 billion international-$ in 2021 prices is below the median for Latin America & Caribbean, which is 42.33 billion international-$ in 2021 prices, 4% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 299.01 million international-$ in 2021 prices | 230.21 million international-$ in 2021 prices | 354.00 million international-$ in 2021 prices | 10 |
| 1980s | 435.93 million international-$ in 2021 prices | 357.34 million international-$ in 2021 prices | 557.82 million international-$ in 2021 prices | 10 |
| 1990s | 740.71 million international-$ in 2021 prices | 578.46 million international-$ in 2021 prices | 884.04 million international-$ in 2021 prices | 10 |
| 2000s | 964.66 million international-$ in 2021 prices | 706.19 million international-$ in 2021 prices | 1.20 billion international-$ in 2021 prices | 10 |
| 2010s | 1.52 billion international-$ in 2021 prices | 1.23 billion international-$ in 2021 prices | 1.84 billion international-$ in 2021 prices | 10 |
| 2020s | 1.70 billion international-$ in 2021 prices | 1.60 billion international-$ in 2021 prices | 1.79 billion international-$ in 2021 prices | 4 |
Countries ranked near Grenada
- 173 Barbados 3.06 billion international-$ in 2021 prices compare
- 174 Seychelles 2.87 billion international-$ in 2021 prices compare
- 175 Sint Maarten (Dutch part) 1.82 billion international-$ in 2021 prices compare
- 177 Saint Vincent and the Grenadines 1.65 billion international-$ in 2021 prices compare
- 178 British Virgin Islands 1.59 billion international-$ in 2021 prices compare
- 179 Antigua and Barbuda 1.55 billion international-$ in 2021 prices 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$), annual growth rate -3.57 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Grenada?
- Gross domestic product (gdp) in Grenada was 1.79 billion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Grenada?
- The highest recorded value was 1.84 billion international-$ in 2021 prices in 2019.
- What is the lowest gross domestic product (gdp) recorded in Grenada?
- The lowest recorded value was 230.21 million international-$ in 2021 prices in 1970.
- How does Grenada rank for gross domestic product (gdp)?
- Grenada ranks 176th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Grenada?
- Over the last ten years it is up 28.7%. The long-run trend across the full record is volatile.
- Where does this Grenada data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.