Gross value added at basic prices (GVA) in Grenada
Grenada: Gross value added at basic prices (GVA) was 1.02 billion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
1.02 billion constant 2015 US$
Change on year
up 4.4%
World rank
183rd
of 194 countries
All-time high
1.02 billion constant 2015 US$
in 2025
All-time low
259.49 million constant 2015 US$
in 1977
Years of data
49
1977–2025
Gross value added at basic prices (GVA) in Grenada, 1977–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Grenada recorded 1.02 billion constant 2015 US$ for gross value added at basic prices (gva) in 2025. That is the highest value across all 49 years on record.
Compared with earlier readings it is up 4.4% on the previous year and up 19.1% over ten years.
Over the whole period, gross value added at basic prices (gva) in Grenada peaked at 1.02 billion constant 2015 US$ in 2025 and was at its lowest, 259.49 million constant 2015 US$, in 1977.
That places Grenada 183rd out of 194 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 49 years of available data.
Gross value added at basic prices (GVA) in Grenada, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1977 | 259.49 million constant 2015 US$ | — |
| 1978 | 270.17 million constant 2015 US$ | +4.1% |
| 1979 | 284.60 million constant 2015 US$ | +5.3% |
| 1980 | 288.85 million constant 2015 US$ | +1.5% |
| 1981 | 293.25 million constant 2015 US$ | +1.5% |
| 1982 | 301.41 million constant 2015 US$ | +2.8% |
| 1983 | 308.92 million constant 2015 US$ | +2.5% |
| 1984 | 321.77 million constant 2015 US$ | +4.2% |
| 1985 | 336.12 million constant 2015 US$ | +4.5% |
| 1986 | 363.87 million constant 2015 US$ | +8.3% |
| 1987 | 391.28 million constant 2015 US$ | +7.5% |
| 1988 | 399.63 million constant 2015 US$ | +2.1% |
| 1989 | 412.24 million constant 2015 US$ | +3.2% |
| 1990 | 429.15 million constant 2015 US$ | +4.1% |
| 1991 | 438.53 million constant 2015 US$ | +2.2% |
| 1992 | 438.94 million constant 2015 US$ | +0.1% |
| 1993 | 435.37 million constant 2015 US$ | -0.8% |
| 1994 | 443.95 million constant 2015 US$ | +2.0% |
| 1995 | 454.90 million constant 2015 US$ | +2.5% |
| 1996 | 467.23 million constant 2015 US$ | +2.7% |
| 1997 | 486.58 million constant 2015 US$ | +4.1% |
| 1998 | 546.09 million constant 2015 US$ | +12.2% |
| 1999 | 585.73 million constant 2015 US$ | +7.3% |
| 2000 | 618.95 million constant 2015 US$ | +5.7% |
| 2001 | 612.11 million constant 2015 US$ | -1.1% |
| 2002 | 632.44 million constant 2015 US$ | +3.3% |
| 2003 | 686.53 million constant 2015 US$ | +8.6% |
| 2004 | 687.33 million constant 2015 US$ | +0.1% |
| 2005 | 773.15 million constant 2015 US$ | +12.5% |
| 2006 | 739.26 million constant 2015 US$ | -4.4% |
| 2007 | 785.72 million constant 2015 US$ | +6.3% |
| 2008 | 798.97 million constant 2015 US$ | +1.7% |
| 2009 | 753.96 million constant 2015 US$ | -5.6% |
| 2010 | 738.98 million constant 2015 US$ | -2.0% |
| 2011 | 740.04 million constant 2015 US$ | +0.1% |
| 2012 | 735.78 million constant 2015 US$ | -0.6% |
| 2013 | 759.21 million constant 2015 US$ | +3.2% |
| 2014 | 808.43 million constant 2015 US$ | +6.5% |
| 2015 | 853.76 million constant 2015 US$ | +5.6% |
| 2016 | 872.17 million constant 2015 US$ | +2.2% |
| 2017 | 907.14 million constant 2015 US$ | +4.0% |
| 2018 | 940.87 million constant 2015 US$ | +3.7% |
| 2019 | 952.16 million constant 2015 US$ | +1.2% |
| 2020 | 821.42 million constant 2015 US$ | -13.7% |
| 2021 | 864.18 million constant 2015 US$ | +5.2% |
| 2022 | 917.87 million constant 2015 US$ | +6.2% |
| 2023 | 943.60 million constant 2015 US$ | +2.8% |
| 2024 | 974.25 million constant 2015 US$ | +3.2% |
| 2025 | 1.02 billion constant 2015 US$ | +4.4% |
Grenada compared with similar countries
- Grenada's 1.02 billion constant 2015 US$ is below the median for upper middle income countries, which is 45.40 billion constant 2015 US$, 2% of the median. (57 countries reporting)
- Grenada's 1.02 billion constant 2015 US$ is below the median for Latin America & Caribbean, which is 23.67 billion constant 2015 US$, 4% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 271.42 million constant 2015 US$ | 259.49 million constant 2015 US$ | 284.60 million constant 2015 US$ | 3 |
| 1980s | 341.73 million constant 2015 US$ | 288.85 million constant 2015 US$ | 412.24 million constant 2015 US$ | 10 |
| 1990s | 472.65 million constant 2015 US$ | 429.15 million constant 2015 US$ | 585.73 million constant 2015 US$ | 10 |
| 2000s | 708.84 million constant 2015 US$ | 612.11 million constant 2015 US$ | 798.97 million constant 2015 US$ | 10 |
| 2010s | 830.85 million constant 2015 US$ | 735.78 million constant 2015 US$ | 952.16 million constant 2015 US$ | 10 |
| 2020s | 923.09 million constant 2015 US$ | 821.42 million constant 2015 US$ | 1.02 billion constant 2015 US$ | 6 |
Countries ranked near Grenada
- 180 Solomon Islands 1.45 billion constant 2015 US$ compare
- 181 Comoros 1.20 billion constant 2015 US$ compare
- 182 Sint Maarten (Dutch part) 1.16 billion constant 2015 US$ compare
- 184 Vanuatu 955.45 million constant 2015 US$ compare
- 185 Saint Kitts and Nevis 931.55 million constant 2015 US$ compare
- 186 Samoa 931.02 million constant 2015 US$ 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)
- 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$), annual growth rate -3.57 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Grenada?
- Gross value added at basic prices (gva) in Grenada was 1.02 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Grenada?
- The highest recorded value was 1.02 billion constant 2015 US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Grenada?
- The lowest recorded value was 259.49 million constant 2015 US$ in 1977.
- How does Grenada rank for gross value added at basic prices (gva)?
- Grenada ranks 183rd out of 194 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Grenada?
- Over the last ten years it is up 19.1%. The long-run trend across the full record is rising.
- Where does this Grenada data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.