Gross domestic product (GDP), Constant prices, Purchasing power in Grenada
Grenada: Gross domestic product (GDP), Constant prices, Purchasing power was 1.67 in 2019. ▲ Rising
Gross domestic product (GDP), Constant prices, Purchasing power in Grenada, 1970–2019
Source: International Monetary Fund.
Analysis
Grenada recorded 1.67 for gross domestic product (gdp), constant prices, purchasing power in 2019. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 2.0% on the previous year and up 33.4% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Grenada peaked at 1.67 in 2019 and was at its lowest, 0.2421, in 1970.
That places Grenada 178th out of 193 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 50 years of available data.
Gross domestic product (GDP), Constant prices, Purchasing power in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.2421 | — |
| 1971 | 0.2591 | +7.0% |
| 1972 | 0.2784 | +7.5% |
| 1973 | 0.3027 | +8.7% |
| 1974 | 0.322 | +6.4% |
| 1975 | 0.3317 | +3.0% |
| 1976 | 0.3616 | +9.0% |
| 1977 | 0.3823 | +5.7% |
| 1978 | 0.403 | +5.4% |
| 1979 | 0.4272 | +6.0% |
| 1980 | 0.4253 | -0.4% |
| 1981 | 0.4289 | +0.9% |
| 1982 | 0.45 | +4.9% |
| 1983 | 0.4632 | +2.9% |
| 1984 | 0.4854 | +4.8% |
| 1985 | 0.5246 | +8.1% |
| 1986 | 0.5679 | +8.2% |
| 1987 | 0.6312 | +11.1% |
| 1988 | 0.6528 | +3.4% |
| 1989 | 0.6925 | +6.1% |
| 1990 | 0.7285 | +5.2% |
| 1991 | 0.7452 | +2.3% |
| 1992 | 0.743 | -0.3% |
| 1993 | 0.7234 | -2.6% |
| 1994 | 0.7433 | +2.8% |
| 1995 | 0.7591 | +2.1% |
| 1996 | 0.7928 | +4.4% |
| 1997 | 0.8326 | +5.0% |
| 1998 | 0.9305 | +11.8% |
| 1999 | 0.9947 | +6.9% |
| 2000 | 1.04 | +4.9% |
| 2001 | 1.02 | -2.0% |
| 2002 | 1.06 | +3.4% |
| 2003 | 1.16 | +9.5% |
| 2004 | 1.15 | -0.6% |
| 2005 | 1.3 | +13.3% |
| 2006 | 1.25 | -4.0% |
| 2007 | 1.33 | +6.1% |
| 2008 | 1.34 | +0.9% |
| 2009 | 1.25 | -6.7% |
| 2010 | 1.24 | -0.5% |
| 2011 | 1.25 | +0.8% |
| 2012 | 1.24 | -1.3% |
| 2013 | 1.27 | +2.5% |
| 2014 | 1.36 | +7.4% |
| 2015 | 1.45 | +6.4% |
| 2016 | 1.5 | +3.7% |
| 2017 | 1.57 | +4.4% |
| 2018 | 1.64 | +4.1% |
| 2019 | 1.67 | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.331 | 0.2421 | 0.4272 | 10 |
| 1980s | 0.5322 | 0.4253 | 0.6925 | 10 |
| 1990s | 0.7993 | 0.7234 | 0.9947 | 10 |
| 2000s | 1.19 | 1.02 | 1.34 | 10 |
| 2010s | 1.42 | 1.24 | 1.67 | 10 |
Countries ranked near Grenada
- 175 Belize 2.39 compare
- 176 Saint Lucia 2.26 compare
- 177 San Marino 2.03 compare
- 179 Antigua and Barbuda 1.51 compare
- 180 Solomon Islands 1.46 compare
- 181 Samoa 1.3 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)
- Total reserves minus gold (current US$), annual growth rate -3.57 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.2874 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 3,479 current US$ per person (2025)
- 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)
Frequently asked questions
- What is gross domestic product (gdp), constant prices, purchasing power in Grenada?
- Gross domestic product (gdp), constant prices, purchasing power in Grenada was 1.67 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Grenada?
- The highest recorded value was 1.67 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Grenada?
- The lowest recorded value was 0.2421 in 1970.
- How does Grenada rank for gross domestic product (gdp), constant prices, purchasing power?
- Grenada ranks 178th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Grenada?
- Over the last ten years it is up 33.4%. The long-run trend across the full record is rising.
- Where does this Grenada data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.