Gross value added at basic prices (GVA) (constant LCU), annual growth in Grenada
Grenada: Gross value added at basic prices (GVA) (constant LCU), annual growth was 4.41 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (constant LCU), annual growth in Grenada, 1978–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross value added at basic prices (gva) (constant lcu), annual growth in Grenada is 4.41 % change on previous year, measured in 2025.
That represents a change of up 35.8% on the previous year and down 21.3% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant lcu), annual growth in Grenada peaked at 12.49 % change on previous year in 2005 and was at its lowest, -13.73 % change on previous year, in 2020.
That places Grenada 65th out of 195 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (constant LCU), annual growth in Grenada, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | 4.12 % change on previous year | — |
| 1979 | 5.34 % change on previous year | +29.7% |
| 1980 | 1.49 % change on previous year | -72.0% |
| 1981 | 1.52 % change on previous year | +2.0% |
| 1982 | 2.78 % change on previous year | +82.5% |
| 1983 | 2.49 % change on previous year | -10.5% |
| 1984 | 4.16 % change on previous year | +67.1% |
| 1985 | 4.46 % change on previous year | +7.2% |
| 1986 | 8.26 % change on previous year | +85.1% |
| 1987 | 7.53 % change on previous year | -8.8% |
| 1988 | 2.13 % change on previous year | -71.7% |
| 1989 | 3.16 % change on previous year | +47.9% |
| 1990 | 4.1 % change on previous year | +29.9% |
| 1991 | 2.19 % change on previous year | -46.7% |
| 1992 | 0.0923 % change on previous year | -95.8% |
| 1993 | -0.8137 % change on previous year | -981.5% |
| 1994 | 1.97 % change on previous year | -342.2% |
| 1995 | 2.47 % change on previous year | +25.2% |
| 1996 | 2.71 % change on previous year | +9.8% |
| 1997 | 4.14 % change on previous year | +52.8% |
| 1998 | 12.23 % change on previous year | +195.3% |
| 1999 | 7.26 % change on previous year | -40.6% |
| 2000 | 5.67 % change on previous year | -21.9% |
| 2001 | -1.11 % change on previous year | -119.5% |
| 2002 | 3.32 % change on previous year | -400.3% |
| 2003 | 8.55 % change on previous year | +157.5% |
| 2004 | 0.1162 % change on previous year | -98.6% |
| 2005 | 12.49 % change on previous year | +10645.8% |
| 2006 | -4.38 % change on previous year | -135.1% |
| 2007 | 6.28 % change on previous year | -243.4% |
| 2008 | 1.69 % change on previous year | -73.2% |
| 2009 | -5.63 % change on previous year | -434.1% |
| 2010 | -1.99 % change on previous year | -64.7% |
| 2011 | 0.1437 % change on previous year | -107.2% |
| 2012 | -0.5766 % change on previous year | -501.1% |
| 2013 | 3.18 % change on previous year | -652.3% |
| 2014 | 6.48 % change on previous year | +103.6% |
| 2015 | 5.61 % change on previous year | -13.5% |
| 2016 | 2.16 % change on previous year | -61.5% |
| 2017 | 4.01 % change on previous year | +86.0% |
| 2018 | 3.72 % change on previous year | -7.3% |
| 2019 | 1.2 % change on previous year | -67.7% |
| 2020 | -13.73 % change on previous year | -1244.6% |
| 2021 | 5.21 % change on previous year | -137.9% |
| 2022 | 6.21 % change on previous year | +19.3% |
| 2023 | 2.8 % change on previous year | -54.9% |
| 2024 | 3.25 % change on previous year | +15.9% |
| 2025 | 4.41 % change on previous year | +35.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.73 % change on previous year | 4.12 % change on previous year | 5.34 % change on previous year | 2 |
| 1980s | 3.8 % change on previous year | 1.49 % change on previous year | 8.26 % change on previous year | 10 |
| 1990s | 3.63 % change on previous year | -0.8137 % change on previous year | 12.23 % change on previous year | 10 |
| 2000s | 2.7 % change on previous year | -5.63 % change on previous year | 12.49 % change on previous year | 10 |
| 2010s | 2.39 % change on previous year | -1.99 % change on previous year | 6.48 % change on previous year | 10 |
| 2020s | 1.36 % change on previous year | -13.73 % change on previous year | 6.21 % change on previous year | 6 |
Countries ranked near Grenada
- 62 Panama 4.44 % change on previous year compare
- 63 Sri Lanka 4.43 % change on previous year compare
- 64 Eswatini 4.42 % change on previous year compare
- 66 Philippines 4.4 % change on previous year compare
- 67 Egypt 4.37 % change on previous year compare
- 68 Zambia 4.36 % change on previous year 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.32 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 2.22 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 26,856 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.41 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7163 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 8,672 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1.57 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 19,023 constant LCU per person (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant lcu), annual growth in Grenada?
- Gross value added at basic prices (gva) (constant lcu), annual growth in Grenada was 4.41 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Grenada?
- The highest recorded value was 12.49 % change on previous year in 2005.
- What is the lowest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Grenada?
- The lowest recorded value was -13.73 % change on previous year in 2020.
- How does Grenada rank for gross value added at basic prices (gva) (constant lcu), annual growth?
- Grenada ranks 65th out of 195 countries with data for 2025.
- Is gross value added at basic prices (gva) (constant lcu), annual growth rising or falling in Grenada?
- Over the last ten years it is down 21.3%. The long-run trend across the full record is volatile.
- 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 LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.