Gross Domestic Product — Value Standard Local Currency, 2015 prices in Grenada
Grenada: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 3,189 million SLC in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Grenada, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Grenada is 3,189 million SLC, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 3.7% on the previous year and up 26.1% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Grenada peaked at 3,189 million SLC in 2024 and was at its lowest, 449.58 million SLC, in 1970.
Grenada ranks 200th of 223 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Grenada, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 449.58 million SLC | — |
| 1971 | 481.05 million SLC | +7.0% |
| 1972 | 517.01 million SLC | +7.5% |
| 1973 | 561.97 million SLC | +8.7% |
| 1974 | 597.94 million SLC | +6.4% |
| 1975 | 615.92 million SLC | +3.0% |
| 1976 | 671.51 million SLC | +9.0% |
| 1977 | 709.82 million SLC | +5.7% |
| 1978 | 748.25 million SLC | +5.4% |
| 1979 | 793.24 million SLC | +6.0% |
| 1980 | 789.7 million SLC | -0.4% |
| 1981 | 796.43 million SLC | +0.9% |
| 1982 | 835.66 million SLC | +4.9% |
| 1983 | 860.11 million SLC | +2.9% |
| 1984 | 901.26 million SLC | +4.8% |
| 1985 | 974.1 million SLC | +8.1% |
| 1986 | 1,054 million SLC | +8.2% |
| 1987 | 1,172 million SLC | +11.1% |
| 1988 | 1,212 million SLC | +3.4% |
| 1989 | 1,286 million SLC | +6.1% |
| 1990 | 1,353 million SLC | +5.2% |
| 1991 | 1,384 million SLC | +2.3% |
| 1992 | 1,380 million SLC | -0.3% |
| 1993 | 1,343 million SLC | -2.6% |
| 1994 | 1,380 million SLC | +2.8% |
| 1995 | 1,410 million SLC | +2.1% |
| 1996 | 1,472 million SLC | +4.4% |
| 1997 | 1,546 million SLC | +5.0% |
| 1998 | 1,728 million SLC | +11.8% |
| 1999 | 1,847 million SLC | +6.9% |
| 2000 | 1,937 million SLC | +4.9% |
| 2001 | 1,898 million SLC | -2.0% |
| 2002 | 1,963 million SLC | +3.4% |
| 2003 | 2,149 million SLC | +9.5% |
| 2004 | 2,135 million SLC | -0.6% |
| 2005 | 2,418 million SLC | +13.3% |
| 2006 | 2,322 million SLC | -4.0% |
| 2007 | 2,464 million SLC | +6.1% |
| 2008 | 2,487 million SLC | +0.9% |
| 2009 | 2,322 million SLC | -6.7% |
| 2010 | 2,311 million SLC | -0.5% |
| 2011 | 2,329 million SLC | +0.8% |
| 2012 | 2,302 million SLC | -1.2% |
| 2013 | 2,356 million SLC | +2.4% |
| 2014 | 2,529 million SLC | +7.3% |
| 2015 | 2,692 million SLC | +6.4% |
| 2016 | 2,793 million SLC | +3.7% |
| 2017 | 2,917 million SLC | +4.4% |
| 2018 | 3,044 million SLC | +4.4% |
| 2019 | 3,064 million SLC | +0.7% |
| 2020 | 2,643 million SLC | -13.8% |
| 2021 | 2,767 million SLC | +4.7% |
| 2022 | 2,969 million SLC | +7.3% |
| 2023 | 3,075 million SLC | +3.6% |
| 2024 | 3,189 million SLC | +3.7% |
Grenada compared with similar countries
- Grenada's 3,189 million SLC is below the median for upper middle income countries, which is 654,933 million SLC, 0% of the median. (54 countries reporting)
- Grenada's 3,189 million SLC is below the median for Latin America & Caribbean, which is 91,874 million SLC, 3% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 614.63 million SLC | 449.58 million SLC | 793.24 million SLC | 10 |
| 1980s | 988.18 million SLC | 789.7 million SLC | 1,286 million SLC | 10 |
| 1990s | 1,484 million SLC | 1,343 million SLC | 1,847 million SLC | 10 |
| 2000s | 2,210 million SLC | 1,898 million SLC | 2,487 million SLC | 10 |
| 2010s | 2,634 million SLC | 2,302 million SLC | 3,064 million SLC | 10 |
| 2020s | 2,929 million SLC | 2,643 million SLC | 3,189 million SLC | 5 |
Countries ranked near Grenada
- 198 Antigua and Barbuda 4,756 million SLC compare
- 199 Liberia 3,655 million SLC compare
- 201 Andorra 3,030 million SLC compare
- 202 Saint Kitts and Nevis 2,747 million SLC compare
- 203 Saint Vincent and the Grenadines 2,594 million SLC 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 gross domestic product — value standard local currency, 2015 prices in Grenada?
- Gross domestic product — value standard local currency, 2015 prices in Grenada was 3,189 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Grenada?
- The highest recorded value was 3,189 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Grenada?
- The lowest recorded value was 449.58 million SLC in 1970.
- How does Grenada rank for gross domestic product — value standard local currency, 2015 prices?
- Grenada ranks 200th out of 223 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Grenada?
- Over the last ten years it is up 26.1%. The long-run trend across the full record is rising.
- Where does this Grenada data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).