Global Revenue Statistics - Comparative tax revenues in Grenada
Grenada: Global Revenue Statistics - Comparative tax revenues was 23.5 Percentage of GDP in 2024. ▲ Rising
Global Revenue Statistics - Comparative tax revenues in Grenada, 2014–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2024, global revenue statistics - comparative tax revenues in Grenada stood at 23.5 Percentage of GDP.
Compared with earlier readings it is down 1.5% on the previous year and up 29.0% over ten years.
Over the whole period, global revenue statistics - comparative tax revenues in Grenada peaked at 23.86 Percentage of GDP in 2023 and was at its lowest, 18.21 Percentage of GDP, in 2014.
That places Grenada 61st out of 135 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Global Revenue Statistics - Comparative tax revenues in Grenada, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2014 | 18.21 Percentage of GDP | — |
| 2015 | 19.01 Percentage of GDP | +4.4% |
| 2016 | 20.95 Percentage of GDP | +10.2% |
| 2017 | 21.45 Percentage of GDP | +2.4% |
| 2018 | 22.36 Percentage of GDP | +4.2% |
| 2019 | 21.93 Percentage of GDP | -1.9% |
| 2020 | 22.11 Percentage of GDP | +0.8% |
| 2021 | 20.63 Percentage of GDP | -6.7% |
| 2022 | 21.62 Percentage of GDP | +4.8% |
| 2023 | 23.86 Percentage of GDP | +10.3% |
| 2024 | 23.5 Percentage of GDP | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 20.65 Percentage of GDP | 18.21 Percentage of GDP | 22.36 Percentage of GDP | 6 |
| 2020s | 22.34 Percentage of GDP | 20.63 Percentage of GDP | 23.86 Percentage of GDP | 5 |
Countries ranked near Grenada
- 58 Solomon Islands 23.97 Percentage of GDP compare
- 59 Bolivia, Plurinational State of 23.61 Percentage of GDP compare
- 60 El Salvador 23.59 Percentage of GDP compare
- 62 Cuba 22.91 Percentage of GDP compare
- 63 Azerbaijan 22.9 Percentage of GDP compare
- 64 Lesotho 22.67 Percentage of GDP 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)
- Net primary income (Net income from abroad) (current LCU), annual 1.26 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 8.83 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1784 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 2,160 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 8.83 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.4817 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 5,832 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.2704 (2025)
Frequently asked questions
- What is global revenue statistics - comparative tax revenues in Grenada?
- Global revenue statistics - comparative tax revenues in Grenada was 23.5 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest global revenue statistics - comparative tax revenues recorded in Grenada?
- The highest recorded value was 23.86 Percentage of GDP in 2023.
- What is the lowest global revenue statistics - comparative tax revenues recorded in Grenada?
- The lowest recorded value was 18.21 Percentage of GDP in 2014.
- How does Grenada rank for global revenue statistics - comparative tax revenues?
- Grenada ranks 61st out of 135 countries with data for 2024.
- Is global revenue statistics - comparative tax revenues rising or falling in Grenada?
- Over the last ten years it is up 29.0%. The long-run trend across the full record is rising.
- Where does this Grenada data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Global Revenue Statistics - Comparative tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax revenue data from countries included in Global Revenue Statistics, presented as a percentage of GDP and as a share of total tax revenue, as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax.