Gross domestic product (GDP), per unit of GDP in Grenada
Grenada: Gross domestic product (GDP), per unit of GDP was 1.34 international-$ in 2021 prices per US$ of GDP in 2023. ▼ Falling
Latest (2023)
1.34 international-$ in 2021 prices per US$ of GDP
Change on year
down 7.2%
World rank
137th
of 180 countries
All-time high
4.39 international-$ in 2021 prices per US$ of GDP
in 1977
All-time low
1.19 international-$ in 2021 prices per US$ of GDP
in 2003
Years of data
47
1977–2023
Gross domestic product (GDP), per unit of GDP in Grenada, 1977–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
Grenada recorded 1.34 international-$ in 2021 prices per US$ of GDP for gross domestic product (gdp), per unit of gdp in 2023.
Compared with earlier readings it is down 7.2% on the previous year and down 18.8% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Grenada peaked at 4.39 international-$ in 2021 prices per US$ of GDP in 1977 and was at its lowest, 1.19 international-$ in 2021 prices per US$ of GDP, in 2003.
That places Grenada 137th out of 180 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 47 years of available data.
Gross domestic product (GDP), per unit of GDP in Grenada, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1977 | 4.39 international-$ in 2021 prices per US$ of GDP | — |
| 1978 | 4.01 international-$ in 2021 prices per US$ of GDP | -8.7% |
| 1979 | 3.46 international-$ in 2021 prices per US$ of GDP | -13.6% |
| 1980 | 3.46 international-$ in 2021 prices per US$ of GDP | +0.0% |
| 1981 | 3.09 international-$ in 2021 prices per US$ of GDP | -10.8% |
| 1982 | 3 international-$ in 2021 prices per US$ of GDP | -3.1% |
| 1983 | 3 international-$ in 2021 prices per US$ of GDP | +0.2% |
| 1984 | 3 international-$ in 2021 prices per US$ of GDP | -0.1% |
| 1985 | 2.56 international-$ in 2021 prices per US$ of GDP | -14.5% |
| 1986 | 2.26 international-$ in 2021 prices per US$ of GDP | -11.8% |
| 1987 | 2.32 international-$ in 2021 prices per US$ of GDP | +2.5% |
| 1988 | 2.12 international-$ in 2021 prices per US$ of GDP | -8.7% |
| 1989 | 2.09 international-$ in 2021 prices per US$ of GDP | -1.4% |
| 1990 | 2.08 international-$ in 2021 prices per US$ of GDP | -0.3% |
| 1991 | 1.99 international-$ in 2021 prices per US$ of GDP | -4.4% |
| 1992 | 2.29 international-$ in 2021 prices per US$ of GDP | +15.1% |
| 1993 | 2.11 international-$ in 2021 prices per US$ of GDP | -7.8% |
| 1994 | 2.17 international-$ in 2021 prices per US$ of GDP | +2.6% |
| 1995 | 2.15 international-$ in 2021 prices per US$ of GDP | -1.0% |
| 1996 | 2.33 international-$ in 2021 prices per US$ of GDP | +8.5% |
| 1997 | 2.08 international-$ in 2021 prices per US$ of GDP | -10.7% |
| 1998 | 1.96 international-$ in 2021 prices per US$ of GDP | -6.0% |
| 1999 | 1.83 international-$ in 2021 prices per US$ of GDP | -6.2% |
| 2000 | 1.68 international-$ in 2021 prices per US$ of GDP | -8.1% |
| 2001 | 1.47 international-$ in 2021 prices per US$ of GDP | -13.0% |
| 2002 | 1.55 international-$ in 2021 prices per US$ of GDP | +5.6% |
| 2003 | 1.19 international-$ in 2021 prices per US$ of GDP | -22.8% |
| 2004 | 1.51 international-$ in 2021 prices per US$ of GDP | +26.4% |
| 2005 | 1.53 international-$ in 2021 prices per US$ of GDP | +1.2% |
| 2006 | 1.5 international-$ in 2021 prices per US$ of GDP | -1.8% |
| 2007 | 1.47 international-$ in 2021 prices per US$ of GDP | -1.8% |
| 2008 | 1.45 international-$ in 2021 prices per US$ of GDP | -1.8% |
| 2009 | 1.47 international-$ in 2021 prices per US$ of GDP | +1.6% |
| 2010 | 1.6 international-$ in 2021 prices per US$ of GDP | +8.6% |
| 2011 | 1.7 international-$ in 2021 prices per US$ of GDP | +6.7% |
| 2012 | 1.7 international-$ in 2021 prices per US$ of GDP | -0.0% |
| 2013 | 1.65 international-$ in 2021 prices per US$ of GDP | -3.3% |
| 2014 | 1.65 international-$ in 2021 prices per US$ of GDP | +0.3% |
| 2015 | 1.53 international-$ in 2021 prices per US$ of GDP | -7.7% |
| 2016 | 1.5 international-$ in 2021 prices per US$ of GDP | -1.8% |
| 2017 | 1.47 international-$ in 2021 prices per US$ of GDP | -1.8% |
| 2018 | 1.53 international-$ in 2021 prices per US$ of GDP | +4.2% |
| 2019 | 1.52 international-$ in 2021 prices per US$ of GDP | -0.9% |
| 2020 | 1.53 international-$ in 2021 prices per US$ of GDP | +1.1% |
| 2021 | 1.46 international-$ in 2021 prices per US$ of GDP | -4.9% |
| 2022 | 1.44 international-$ in 2021 prices per US$ of GDP | -1.2% |
| 2023 | 1.34 international-$ in 2021 prices per US$ of GDP | -7.2% |
Grenada compared with similar countries
- Grenada's 1.34 international-$ in 2021 prices per US$ of GDP is below the median for upper middle income countries, which is 2.35 international-$ in 2021 prices per US$ of GDP, 57% of the median. (51 countries reporting)
- Grenada's 1.34 international-$ in 2021 prices per US$ of GDP is below the median for Latin America & Caribbean, which is 1.7 international-$ in 2021 prices per US$ of GDP, 79% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.95 international-$ in 2021 prices per US$ of GDP | 3.46 international-$ in 2021 prices per US$ of GDP | 4.39 international-$ in 2021 prices per US$ of GDP | 3 |
| 1980s | 2.69 international-$ in 2021 prices per US$ of GDP | 2.09 international-$ in 2021 prices per US$ of GDP | 3.46 international-$ in 2021 prices per US$ of GDP | 10 |
| 1990s | 2.1 international-$ in 2021 prices per US$ of GDP | 1.83 international-$ in 2021 prices per US$ of GDP | 2.33 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 1.48 international-$ in 2021 prices per US$ of GDP | 1.19 international-$ in 2021 prices per US$ of GDP | 1.68 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 1.59 international-$ in 2021 prices per US$ of GDP | 1.47 international-$ in 2021 prices per US$ of GDP | 1.7 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 1.44 international-$ in 2021 prices per US$ of GDP | 1.34 international-$ in 2021 prices per US$ of GDP | 1.53 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Grenada
- 134 Zimbabwe 1.41 international-$ in 2021 prices per US$ of GDP compare
- 135 Czechia 1.4 international-$ in 2021 prices per US$ of GDP compare
- 136 Spain 1.35 international-$ in 2021 prices per US$ of GDP compare
- 138 Slovakia 1.32 international-$ in 2021 prices per US$ of GDP compare
- 139 Seychelles 1.32 international-$ in 2021 prices per US$ of GDP compare
- 140 Portugal 1.31 international-$ in 2021 prices per US$ 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)
- 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$), annual growth rate -3.57 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in Grenada?
- Gross domestic product (gdp), per unit of gdp in Grenada was 1.34 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Grenada?
- The highest recorded value was 4.39 international-$ in 2021 prices per US$ of GDP in 1977.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Grenada?
- The lowest recorded value was 1.19 international-$ in 2021 prices per US$ of GDP in 2003.
- How does Grenada rank for gross domestic product (gdp), per unit of gdp?
- Grenada ranks 137th out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Grenada?
- Over the last ten years it is down 18.8%. The long-run trend across the full record is falling.
- Where does this Grenada data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- 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
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.