Gross value added at basic prices (GVA) (constant) … unit GDP 2015 in Grenada
Grenada: Gross value added at basic prices (GVA) (constant) … unit GDP 2015 was 0.7163 constant 2015 US$ per US$ of GDP in 2025. ▼ Falling
Latest (2025)
0.7163 constant 2015 US$ per US$ of GDP
Change on year
down 0.7%
World rank
115th
of 193 countries
All-time high
3.63 constant 2015 US$ per US$ of GDP
in 1977
All-time low
0.7061 constant 2015 US$ per US$ of GDP
in 2023
Years of data
49
1977–2025
Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Grenada, 1977–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
Grenada recorded 0.7163 constant 2015 US$ per US$ of GDP for gross value added at basic prices (gva) (constant 2015 us$), per unit in 2025.
The figure is down 0.7% on the previous year and down 16.4% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per unit in Grenada peaked at 3.63 constant 2015 US$ per US$ of GDP in 1977 and was at its lowest, 0.7061 constant 2015 US$ per US$ of GDP, in 2023.
Grenada ranks 115th of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 49 years of available data.
Gross value added at basic prices (GVA) (constant) … unit GDP 2015 in Grenada, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1977 | 3.63 constant 2015 US$ per US$ of GDP | — |
| 1978 | 3.06 constant 2015 US$ per US$ of GDP | -15.7% |
| 1979 | 2.78 constant 2015 US$ per US$ of GDP | -9.0% |
| 1980 | 2.6 constant 2015 US$ per US$ of GDP | -6.4% |
| 1981 | 2.54 constant 2015 US$ per US$ of GDP | -2.6% |
| 1982 | 2.4 constant 2015 US$ per US$ of GDP | -5.2% |
| 1983 | 2.34 constant 2015 US$ per US$ of GDP | -2.5% |
| 1984 | 2.21 constant 2015 US$ per US$ of GDP | -5.7% |
| 1985 | 2 constant 2015 US$ per US$ of GDP | -9.4% |
| 1986 | 1.94 constant 2015 US$ per US$ of GDP | -3.2% |
| 1987 | 1.82 constant 2015 US$ per US$ of GDP | -6.2% |
| 1988 | 1.69 constant 2015 US$ per US$ of GDP | -7.1% |
| 1989 | 1.54 constant 2015 US$ per US$ of GDP | -8.8% |
| 1990 | 1.54 constant 2015 US$ per US$ of GDP | +0.1% |
| 1991 | 1.46 constant 2015 US$ per US$ of GDP | -5.5% |
| 1992 | 1.42 constant 2015 US$ per US$ of GDP | -2.9% |
| 1993 | 1.41 constant 2015 US$ per US$ of GDP | -0.7% |
| 1994 | 1.37 constant 2015 US$ per US$ of GDP | -2.8% |
| 1995 | 1.33 constant 2015 US$ per US$ of GDP | -2.6% |
| 1996 | 1.27 constant 2015 US$ per US$ of GDP | -4.2% |
| 1997 | 1.24 constant 2015 US$ per US$ of GDP | -2.6% |
| 1998 | 1.22 constant 2015 US$ per US$ of GDP | -1.3% |
| 1999 | 1.22 constant 2015 US$ per US$ of GDP | -0.8% |
| 2000 | 1.19 constant 2015 US$ per US$ of GDP | -2.1% |
| 2001 | 1.18 constant 2015 US$ per US$ of GDP | -1.2% |
| 2002 | 1.17 constant 2015 US$ per US$ of GDP | -0.5% |
| 2003 | 1.16 constant 2015 US$ per US$ of GDP | -0.8% |
| 2004 | 1.15 constant 2015 US$ per US$ of GDP | -1.2% |
| 2005 | 1.11 constant 2015 US$ per US$ of GDP | -3.1% |
| 2006 | 1.06 constant 2015 US$ per US$ of GDP | -4.8% |
| 2007 | 1.04 constant 2015 US$ per US$ of GDP | -2.1% |
| 2008 | 0.9673 constant 2015 US$ per US$ of GDP | -6.6% |
| 2009 | 0.9775 constant 2015 US$ per US$ of GDP | +1.1% |
| 2010 | 0.9585 constant 2015 US$ per US$ of GDP | -2.0% |
| 2011 | 0.9504 constant 2015 US$ per US$ of GDP | -0.8% |
| 2012 | 0.9199 constant 2015 US$ per US$ of GDP | -3.2% |
| 2013 | 0.901 constant 2015 US$ per US$ of GDP | -2.0% |
| 2014 | 0.8869 constant 2015 US$ per US$ of GDP | -1.6% |
| 2015 | 0.8563 constant 2015 US$ per US$ of GDP | -3.5% |
| 2016 | 0.8215 constant 2015 US$ per US$ of GDP | -4.1% |
| 2017 | 0.8059 constant 2015 US$ per US$ of GDP | -1.9% |
| 2018 | 0.8066 constant 2015 US$ per US$ of GDP | +0.1% |
| 2019 | 0.7846 constant 2015 US$ per US$ of GDP | -2.7% |
| 2020 | 0.7872 constant 2015 US$ per US$ of GDP | +0.3% |
| 2021 | 0.7701 constant 2015 US$ per US$ of GDP | -2.2% |
| 2022 | 0.7499 constant 2015 US$ per US$ of GDP | -2.6% |
| 2023 | 0.7061 constant 2015 US$ per US$ of GDP | -5.8% |
| 2024 | 0.721 constant 2015 US$ per US$ of GDP | +2.1% |
| 2025 | 0.7163 constant 2015 US$ per US$ of GDP | -0.7% |
Grenada compared with similar countries
- Grenada's 0.7163 constant 2015 US$ per US$ of GDP is below the median for upper middle income countries, which is 0.7262 constant 2015 US$ per US$ of GDP, 99% of the median. (57 countries reporting)
- Grenada's 0.7163 constant 2015 US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.7338 constant 2015 US$ per US$ of GDP, 98% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.16 constant 2015 US$ per US$ of GDP | 2.78 constant 2015 US$ per US$ of GDP | 3.63 constant 2015 US$ per US$ of GDP | 3 |
| 1980s | 2.11 constant 2015 US$ per US$ of GDP | 1.54 constant 2015 US$ per US$ of GDP | 2.6 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 1.35 constant 2015 US$ per US$ of GDP | 1.22 constant 2015 US$ per US$ of GDP | 1.54 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 1.1 constant 2015 US$ per US$ of GDP | 0.9673 constant 2015 US$ per US$ of GDP | 1.19 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.8692 constant 2015 US$ per US$ of GDP | 0.7846 constant 2015 US$ per US$ of GDP | 0.9585 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.7418 constant 2015 US$ per US$ of GDP | 0.7061 constant 2015 US$ per US$ of GDP | 0.7872 constant 2015 US$ per US$ of GDP | 6 |
Countries ranked near Grenada
- 112 Italy 0.7216 constant 2015 US$ per US$ of GDP compare
- 113 Liberia 0.7215 constant 2015 US$ per US$ of GDP compare
- 114 Azerbaijan 0.7178 constant 2015 US$ per US$ of GDP compare
- 116 Saudi Arabia 0.7161 constant 2015 US$ per US$ of GDP compare
- 117 Denmark 0.7132 constant 2015 US$ per US$ of GDP compare
- 118 Mali 0.7125 constant 2015 US$ per US$ of GDP 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 value added at basic prices (gva) (constant 2015 us$), per unit in Grenada?
- Gross value added at basic prices (gva) (constant 2015 us$), per unit in Grenada was 0.7163 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Grenada?
- The highest recorded value was 3.63 constant 2015 US$ per US$ of GDP in 1977.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Grenada?
- The lowest recorded value was 0.7061 constant 2015 US$ per US$ of GDP in 2023.
- How does Grenada rank for gross value added at basic prices (gva) (constant 2015 us$), per unit?
- Grenada ranks 115th out of 193 countries with data for 2025.
- Is gross value added at basic prices (gva) (constant 2015 us$), per unit rising or falling in Grenada?
- Over the last ten years it is down 16.4%. The long-run trend across the full record is falling.
- Where does this Grenada data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.