Gross Fixed Capital Formation — Share of GDP US$ in Grenada

Grenada: Gross Fixed Capital Formation — Share of GDP US$ was 44.2 % in 2024. ▲ Rising

Latest (2024)
44.2 %
Change on year
down 0.4%
World rank
3rd
of 203 countries
All-time high
46.29 %
in 2005
All-time low
6.55 %
in 1975
Years of data
55
1970–2024

Gross Fixed Capital Formation — Share of GDP US$ in Grenada, 1970–2024

1020304050197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

Grenada recorded 44.2 % for gross fixed capital formation — share of gdp us$ in 2024.

The figure is down 0.4% on the previous year and up 150.7% over ten years.

Over the whole period, gross fixed capital formation — share of gdp us$ in Grenada peaked at 46.29 % in 2005 and was at its lowest, 6.55 %, in 1975.

That places Grenada 3rd out of 203 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 55 years of available data.

Gross Fixed Capital Formation — Share of GDP US$ in Grenada, year by year

Annual values for Gross Fixed Capital Formation — Share of GDP US$ in Grenada, 1970 to 2024.
Year % Change
1970 18.92 %
1971 18.79 % -0.7%
1972 15.73 % -16.3%
1973 22.25 % +41.5%
1974 18.38 % -17.4%
1975 6.55 % -64.4%
1976 11.8 % +80.2%
1977 27.99 % +137.2%
1978 27.74 % -0.9%
1979 31.48 % +13.5%
1980 26.09 % -17.1%
1981 42.04 % +61.1%
1982 44.78 % +6.5%
1983 42.23 % -5.7%
1984 29.1 % -31.1%
1985 31.2 % +7.2%
1986 33.42 % +7.1%
1987 34.87 % +4.3%
1988 35.77 % +2.6%
1989 36.91 % +3.2%
1990 38.9 % +5.4%
1991 39.99 % +2.8%
1992 28.69 % -28.3%
1993 29.83 % +4.0%
1994 30.14 % +1.0%
1995 30.35 % +0.7%
1996 38.24 % +26.0%
1997 39.42 % +3.1%
1998 39.64 % +0.6%
1999 43.79 % +10.5%
2000 37.9 % -13.5%
2001 30.33 % -20.0%
2002 27.66 % -8.8%
2003 34.31 % +24.0%
2004 35.15 % +2.4%
2005 46.29 % +31.7%
2006 35.62 % -23.0%
2007 35.41 % -0.6%
2008 31.05 % -12.3%
2009 23.92 % -23.0%
2010 22.01 % -8.0%
2011 19.91 % -9.5%
2012 16.34 % -17.9%
2013 20.01 % +22.4%
2014 17.63 % -11.9%
2015 19.28 % +9.4%
2016 19.11 % -0.9%
2017 22.67 % +18.6%
2018 24.29 % +7.1%
2019 24.92 % +2.6%
2020 32.42 % +30.1%
2021 30.11 % -7.1%
2022 29.08 % -3.4%
2023 44.38 % +52.6%
2024 44.2 % -0.4%

Averages by decade

DecadeAverage LowestHighest Years
1970s 19.96 % 6.55 % 31.48 % 10
1980s 35.64 % 26.09 % 44.78 % 10
1990s 35.9 % 28.69 % 43.79 % 10
2000s 33.76 % 23.92 % 46.29 % 10
2010s 20.62 % 16.34 % 24.92 % 10
2020s 36.04 % 29.08 % 44.38 % 5

Countries ranked near Grenada

  1. 1 Turkmenistan 50.44 % compare
  2. 2 Bhutan 45.6 % compare
  3. 4 China, mainland 40.83 % compare
  4. 5 Benin 40.71 % compare
  5. 6 Suriname 40.7 % compare

See the full ranking of 251 places →

More economy & growth data for Grenada

All data for Grenada →

Frequently asked questions

What is gross fixed capital formation — share of gdp us$ in Grenada?
Gross fixed capital formation — share of gdp us$ in Grenada was 44.2 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — share of gdp us$ recorded in Grenada?
The highest recorded value was 46.29 % in 2005.
What is the lowest gross fixed capital formation — share of gdp us$ recorded in Grenada?
The lowest recorded value was 6.55 % in 1975.
How does Grenada rank for gross fixed capital formation — share of gdp us$?
Grenada ranks 3rd out of 203 countries with data for 2024.
Is gross fixed capital formation — share of gdp us$ rising or falling in Grenada?
Over the last ten years it is up 150.7%. 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 Fixed Capital Formation — Share of GDP US$. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Share of GDP US$ in Grenada. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 27 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-share-of-gdp-us/grenada/

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About this data

Indicator
Gross Fixed Capital Formation — Share of GDP US$
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

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).