Gross Fixed Capital Formation — Value Standard Local Currency in Grenada
Grenada: Gross Fixed Capital Formation — Value Standard Local Currency was 1,651 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Grenada, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency in Grenada stood at 1,651 million SLC. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 4.7% on the previous year and up 280.6% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Grenada peaked at 1,651 million SLC in 2024 and was at its lowest, 7.2 million SLC, in 1975.
That places Grenada 198th out of 230 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 Fixed Capital Formation — Value Standard Local Currency in Grenada, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 7.23 million SLC | — |
| 1971 | 8.97 million SLC | +24.1% |
| 1972 | 9.77 million SLC | +8.8% |
| 1973 | 17.36 million SLC | +77.8% |
| 1974 | 15.54 million SLC | -10.5% |
| 1975 | 7.2 million SLC | -53.7% |
| 1976 | 15.65 million SLC | +117.5% |
| 1977 | 42.95 million SLC | +174.4% |
| 1978 | 52.57 million SLC | +22.4% |
| 1979 | 69.07 million SLC | +31.4% |
| 1980 | 62.09 million SLC | -10.1% |
| 1981 | 107.33 million SLC | +72.9% |
| 1982 | 126.3 million SLC | +17.7% |
| 1983 | 125.82 million SLC | -0.4% |
| 1984 | 94.25 million SLC | -25.1% |
| 1985 | 114.4 million SLC | +21.4% |
| 1986 | 137.96 million SLC | +20.6% |
| 1987 | 166.82 million SLC | +20.9% |
| 1988 | 189.09 million SLC | +13.3% |
| 1989 | 213.71 million SLC | +13.0% |
| 1990 | 248 million SLC | +16.0% |
| 1991 | 267.2 million SLC | +7.7% |
| 1992 | 195.36 million SLC | -26.9% |
| 1993 | 202.92 million SLC | +3.9% |
| 1994 | 215.1 million SLC | +6.0% |
| 1995 | 227.98 million SLC | +6.0% |
| 1996 | 308.04 million SLC | +35.1% |
| 1997 | 341.88 million SLC | +11.0% |
| 1998 | 377.8 million SLC | +10.5% |
| 1999 | 449.2 million SLC | +18.9% |
| 2000 | 532.18 million SLC | +18.5% |
| 2001 | 426.2 million SLC | -19.9% |
| 2002 | 403.51 million SLC | -5.3% |
| 2003 | 547.45 million SLC | +35.7% |
| 2004 | 568.53 million SLC | +3.9% |
| 2005 | 869.09 million SLC | +52.9% |
| 2006 | 671.99 million SLC | -22.7% |
| 2007 | 725.39 million SLC | +7.9% |
| 2008 | 692.56 million SLC | -4.5% |
| 2009 | 498.22 million SLC | -28.1% |
| 2010 | 458.24 million SLC | -8.0% |
| 2011 | 418.59 million SLC | -8.7% |
| 2012 | 352.99 million SLC | -15.7% |
| 2013 | 455.29 million SLC | +29.0% |
| 2014 | 433.87 million SLC | -4.7% |
| 2015 | 518.96 million SLC | +19.6% |
| 2016 | 547.73 million SLC | +5.5% |
| 2017 | 689.02 million SLC | +25.8% |
| 2018 | 764.88 million SLC | +11.0% |
| 2019 | 816.45 million SLC | +6.7% |
| 2020 | 913.31 million SLC | +11.9% |
| 2021 | 912.77 million SLC | -0.1% |
| 2022 | 961.54 million SLC | +5.3% |
| 2023 | 1,578 million SLC | +64.1% |
| 2024 | 1,651 million SLC | +4.7% |
Grenada compared with similar countries
- Grenada's 1,651 million SLC is below the median for upper middle income countries, which is 199,742 million SLC, 1% of the median. (54 countries reporting)
- Grenada's 1,651 million SLC is below the median for Latin America & Caribbean, which is 21,321 million SLC, 8% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — 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 |
|---|---|---|---|
| 1977 | +174.4% | 15.65 million SLC | 42.95 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.63 million SLC | 7.2 million SLC | 69.07 million SLC | 10 |
| 1980s | 133.78 million SLC | 62.09 million SLC | 213.71 million SLC | 10 |
| 1990s | 283.35 million SLC | 195.36 million SLC | 449.2 million SLC | 10 |
| 2000s | 593.51 million SLC | 403.51 million SLC | 869.09 million SLC | 10 |
| 2010s | 545.6 million SLC | 352.99 million SLC | 816.45 million SLC | 10 |
| 2020s | 1,203 million SLC | 912.77 million SLC | 1,651 million SLC | 5 |
Countries ranked near Grenada
- 195 Antigua and Barbuda 2,195 million SLC compare
- 196 Fiji 2,186 million SLC compare
- 197 Liechtenstein 1,912 million SLC compare
- 199 Curaçao 1,599 million SLC compare
- 199 Curacao 1,599 million SLC compare
- 201 Montenegro 1,510 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 fixed capital formation — value standard local currency in Grenada?
- Gross fixed capital formation — value standard local currency in Grenada was 1,651 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in Grenada?
- The highest recorded value was 1,651 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Grenada?
- The lowest recorded value was 7.2 million SLC in 1975.
- How does Grenada rank for gross fixed capital formation — value standard local currency?
- Grenada ranks 198th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Grenada?
- Over the last ten years it is up 280.6%. 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 Fixed Capital Formation — Value Standard Local Currency. 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).