Gross value added at basic prices (GVA) (constant) … unit GDP constant in Grenada
Grenada: Gross value added at basic prices (GVA) (constant) … unit GDP constant was 1.57 constant LCU per US$ of GDP in 2025. ▼ Falling
Gross value added at basic prices (GVA) (constant LCU), per unit of in Grenada, 1977–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for gross value added at basic prices (gva) (constant lcu), per unit of in Grenada is 1.57 constant LCU per US$ of GDP, measured in 2025.
Compared with earlier readings it 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 lcu), per unit of in Grenada peaked at 7.96 constant LCU per US$ of GDP in 1977 and was at its lowest, 1.55 constant LCU per US$ of GDP, in 2023.
Grenada ranks 130th of 196 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 constant in Grenada, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1977 | 7.96 constant LCU per US$ of GDP | — |
| 1978 | 6.71 constant LCU per US$ of GDP | -15.7% |
| 1979 | 6.11 constant LCU per US$ of GDP | -9.0% |
| 1980 | 5.71 constant LCU per US$ of GDP | -6.4% |
| 1981 | 5.56 constant LCU per US$ of GDP | -2.6% |
| 1982 | 5.27 constant LCU per US$ of GDP | -5.2% |
| 1983 | 5.14 constant LCU per US$ of GDP | -2.5% |
| 1984 | 4.85 constant LCU per US$ of GDP | -5.7% |
| 1985 | 4.4 constant LCU per US$ of GDP | -9.4% |
| 1986 | 4.26 constant LCU per US$ of GDP | -3.2% |
| 1987 | 3.99 constant LCU per US$ of GDP | -6.2% |
| 1988 | 3.71 constant LCU per US$ of GDP | -7.1% |
| 1989 | 3.38 constant LCU per US$ of GDP | -8.8% |
| 1990 | 3.39 constant LCU per US$ of GDP | +0.1% |
| 1991 | 3.2 constant LCU per US$ of GDP | -5.5% |
| 1992 | 3.1 constant LCU per US$ of GDP | -2.9% |
| 1993 | 3.08 constant LCU per US$ of GDP | -0.7% |
| 1994 | 3 constant LCU per US$ of GDP | -2.8% |
| 1995 | 2.92 constant LCU per US$ of GDP | -2.6% |
| 1996 | 2.79 constant LCU per US$ of GDP | -4.2% |
| 1997 | 2.72 constant LCU per US$ of GDP | -2.6% |
| 1998 | 2.69 constant LCU per US$ of GDP | -1.3% |
| 1999 | 2.67 constant LCU per US$ of GDP | -0.8% |
| 2000 | 2.61 constant LCU per US$ of GDP | -2.1% |
| 2001 | 2.58 constant LCU per US$ of GDP | -1.2% |
| 2002 | 2.57 constant LCU per US$ of GDP | -0.5% |
| 2003 | 2.55 constant LCU per US$ of GDP | -0.8% |
| 2004 | 2.52 constant LCU per US$ of GDP | -1.2% |
| 2005 | 2.44 constant LCU per US$ of GDP | -3.1% |
| 2006 | 2.32 constant LCU per US$ of GDP | -4.8% |
| 2007 | 2.27 constant LCU per US$ of GDP | -2.1% |
| 2008 | 2.12 constant LCU per US$ of GDP | -6.6% |
| 2009 | 2.14 constant LCU per US$ of GDP | +1.1% |
| 2010 | 2.1 constant LCU per US$ of GDP | -2.0% |
| 2011 | 2.08 constant LCU per US$ of GDP | -0.8% |
| 2012 | 2.02 constant LCU per US$ of GDP | -3.2% |
| 2013 | 1.98 constant LCU per US$ of GDP | -2.0% |
| 2014 | 1.95 constant LCU per US$ of GDP | -1.6% |
| 2015 | 1.88 constant LCU per US$ of GDP | -3.5% |
| 2016 | 1.8 constant LCU per US$ of GDP | -4.1% |
| 2017 | 1.77 constant LCU per US$ of GDP | -1.9% |
| 2018 | 1.77 constant LCU per US$ of GDP | +0.1% |
| 2019 | 1.72 constant LCU per US$ of GDP | -2.7% |
| 2020 | 1.73 constant LCU per US$ of GDP | +0.3% |
| 2021 | 1.69 constant LCU per US$ of GDP | -2.2% |
| 2022 | 1.65 constant LCU per US$ of GDP | -2.6% |
| 2023 | 1.55 constant LCU per US$ of GDP | -5.8% |
| 2024 | 1.58 constant LCU per US$ of GDP | +2.1% |
| 2025 | 1.57 constant LCU per US$ of GDP | -0.7% |
Grenada compared with similar countries
- Grenada's 1.57 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 5.28 constant LCU per US$ of GDP, 30% of the median. (57 countries reporting)
- Grenada's 1.57 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 1.87 constant LCU per US$ of GDP, 84% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.93 constant LCU per US$ of GDP | 6.11 constant LCU per US$ of GDP | 7.96 constant LCU per US$ of GDP | 3 |
| 1980s | 4.63 constant LCU per US$ of GDP | 3.38 constant LCU per US$ of GDP | 5.71 constant LCU per US$ of GDP | 10 |
| 1990s | 2.96 constant LCU per US$ of GDP | 2.67 constant LCU per US$ of GDP | 3.39 constant LCU per US$ of GDP | 10 |
| 2000s | 2.41 constant LCU per US$ of GDP | 2.12 constant LCU per US$ of GDP | 2.61 constant LCU per US$ of GDP | 10 |
| 2010s | 1.91 constant LCU per US$ of GDP | 1.72 constant LCU per US$ of GDP | 2.1 constant LCU per US$ of GDP | 10 |
| 2020s | 1.63 constant LCU per US$ of GDP | 1.55 constant LCU per US$ of GDP | 1.73 constant LCU per US$ of GDP | 6 |
Countries ranked near Grenada
- 127 Samoa 1.7 constant LCU per US$ of GDP compare
- 128 Peru 1.64 constant LCU per US$ of GDP compare
- 129 Tunisia 1.59 constant LCU per US$ of GDP compare
- 131 Sint Maarten (Dutch part) 1.56 constant LCU per US$ of GDP compare
- 132 Belize 1.42 constant LCU per US$ of GDP compare
- 133 Australia 1.41 constant LCU 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 lcu), per unit of in Grenada?
- Gross value added at basic prices (gva) (constant lcu), per unit of in Grenada was 1.57 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Grenada?
- The highest recorded value was 7.96 constant LCU per US$ of GDP in 1977.
- What is the lowest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Grenada?
- The lowest recorded value was 1.55 constant LCU per US$ of GDP in 2023.
- How does Grenada rank for gross value added at basic prices (gva) (constant lcu), per unit of?
- Grenada ranks 130th out of 196 countries with data for 2025.
- Is gross value added at basic prices (gva) (constant lcu), per unit of 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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant LCU) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.