Gross Domestic Product — Value Standard Local Currency in Grenada
Grenada: Gross Domestic Product — Value Standard Local Currency was 3,736 million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency 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 in Grenada is 3,736 million SLC, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 5.1% on the previous year and up 51.8% over ten years.
Over the whole period, gross domestic product — value standard local currency in Grenada peaked at 3,736 million SLC in 2024 and was at its lowest, 38.22 million SLC, in 1970.
That places Grenada 197th out of 218 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency in Grenada, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 38.22 million SLC | — |
| 1971 | 47.77 million SLC | +25.0% |
| 1972 | 62.1 million SLC | +30.0% |
| 1973 | 78.02 million SLC | +25.6% |
| 1974 | 84.54 million SLC | +8.3% |
| 1975 | 109.9 million SLC | +30.0% |
| 1976 | 132.63 million SLC | +20.7% |
| 1977 | 153.42 million SLC | +15.7% |
| 1978 | 189.53 million SLC | +23.5% |
| 1979 | 219.41 million SLC | +15.8% |
| 1980 | 237.98 million SLC | +8.5% |
| 1981 | 255.3 million SLC | +7.3% |
| 1982 | 282.04 million SLC | +10.5% |
| 1983 | 297.95 million SLC | +5.6% |
| 1984 | 323.87 million SLC | +8.7% |
| 1985 | 366.63 million SLC | +13.2% |
| 1986 | 412.81 million SLC | +12.6% |
| 1987 | 478.44 million SLC | +15.9% |
| 1988 | 528.62 million SLC | +10.5% |
| 1989 | 578.93 million SLC | +9.5% |
| 1990 | 637.48 million SLC | +10.1% |
| 1991 | 668.23 million SLC | +4.8% |
| 1992 | 680.96 million SLC | +1.9% |
| 1993 | 680.19 million SLC | -0.1% |
| 1994 | 713.78 million SLC | +4.9% |
| 1995 | 751.24 million SLC | +5.2% |
| 1996 | 805.55 million SLC | +7.2% |
| 1997 | 867.32 million SLC | +7.7% |
| 1998 | 952.98 million SLC | +9.9% |
| 1999 | 1,026 million SLC | +7.6% |
| 2000 | 1,404 million SLC | +36.9% |
| 2001 | 1,405 million SLC | +0.1% |
| 2002 | 1,459 million SLC | +3.8% |
| 2003 | 1,596 million SLC | +9.4% |
| 2004 | 1,618 million SLC | +1.4% |
| 2005 | 1,878 million SLC | +16.1% |
| 2006 | 1,886 million SLC | +0.5% |
| 2007 | 2,048 million SLC | +8.6% |
| 2008 | 2,230 million SLC | +8.9% |
| 2009 | 2,082 million SLC | -6.6% |
| 2010 | 2,082 million SLC | -0.0% |
| 2011 | 2,102 million SLC | +1.0% |
| 2012 | 2,160 million SLC | +2.7% |
| 2013 | 2,275 million SLC | +5.3% |
| 2014 | 2,461 million SLC | +8.2% |
| 2015 | 2,692 million SLC | +9.4% |
| 2016 | 2,866 million SLC | +6.5% |
| 2017 | 3,039 million SLC | +6.0% |
| 2018 | 3,150 million SLC | +3.6% |
| 2019 | 3,276 million SLC | +4.0% |
| 2020 | 2,817 million SLC | -14.0% |
| 2021 | 3,032 million SLC | +7.6% |
| 2022 | 3,306 million SLC | +9.1% |
| 2023 | 3,555 million SLC | +7.5% |
| 2024 | 3,736 million SLC | +5.1% |
Grenada compared with similar countries
- Grenada's 3,736 million SLC is below the median for upper middle income countries, which is 913,929 million SLC, 0% of the median. (54 countries reporting)
- Grenada's 3,736 million SLC is below the median for Latin America & Caribbean, which is 147,748 million SLC, 3% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency in Grenada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +36.9% | 1,026 million SLC | 1,404 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 111.55 million SLC | 38.22 million SLC | 219.41 million SLC | 10 |
| 1980s | 376.26 million SLC | 237.98 million SLC | 578.93 million SLC | 10 |
| 1990s | 778.35 million SLC | 637.48 million SLC | 1,026 million SLC | 10 |
| 2000s | 1,761 million SLC | 1,404 million SLC | 2,230 million SLC | 10 |
| 2010s | 2,610 million SLC | 2,082 million SLC | 3,276 million SLC | 10 |
| 2020s | 3,289 million SLC | 2,817 million SLC | 3,736 million SLC | 5 |
Countries ranked near Grenada
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 — value standard local currency in Grenada?
- Gross domestic product — value standard local currency in Grenada was 3,736 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 recorded in Grenada?
- The highest recorded value was 3,736 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency recorded in Grenada?
- The lowest recorded value was 38.22 million SLC in 1970.
- How does Grenada rank for gross domestic product — value standard local currency?
- Grenada ranks 197th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Grenada?
- Over the last ten years it is up 51.8%. The long-run trend across the full record is volatile.
- 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. Statizoid updates them automatically from the source API.
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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).