Gross Fixed Capital Formation — Value US$ in Grenada

Grenada: Gross Fixed Capital Formation — Value US$ was 611.58 million USD in 2024. ◆ Volatile

Latest (2024)
611.58 million USD
Change on year
up 4.7%
World rank
186th
of 219 countries
All-time high
611.58 million USD
in 2024
All-time low
3.32 million USD
in 1975
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value US$ in Grenada, 1970–2024

0200400600197019972024

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

Analysis

Grenada recorded 611.58 million USD for gross fixed capital formation — value us$ in 2024. 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 us$ in Grenada peaked at 611.58 million USD in 2024 and was at its lowest, 3.32 million USD, in 1975.

That places Grenada 186th out of 219 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.

Averages by decade

DecadeAverage LowestHighest Years
1970s 9.99 million USD 3.32 million USD 25.58 million USD 10
1980s 49.55 million USD 23 million USD 79.15 million USD 10
1990s 104.94 million USD 72.36 million USD 166.37 million USD 10
2000s 219.82 million USD 149.45 million USD 321.88 million USD 10
2010s 202.07 million USD 130.74 million USD 302.39 million USD 10
2020s 445.68 million USD 338.06 million USD 611.58 million USD 5

Countries ranked near Grenada

  1. 183 Eswatini 770.29 million USD compare
  2. 184 Belize 703.52 million USD compare
  3. 185 Lesotho 642.16 million USD compare
  4. 187 Sint Maarten (Dutch part) 580.56 million USD compare
  5. 188 Saint Lucia 538.38 million USD compare
  6. 189 Cabo Verde 515.13 million USD 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 — value us$ in Grenada?
Gross fixed capital formation — value us$ in Grenada was 611.58 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — value us$ recorded in Grenada?
The highest recorded value was 611.58 million USD in 2024.
What is the lowest gross fixed capital formation — value us$ recorded in Grenada?
The lowest recorded value was 3.32 million USD in 1975.
How does Grenada rank for gross fixed capital formation — value us$?
Grenada ranks 186th out of 219 countries with data for 2024.
Is gross fixed capital formation — value us$ 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 US$. 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

Indicator
Gross Fixed Capital Formation — Value US$
Unit
million USD
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).