Gross value added at basic prices (GVA) in Grenada
Grenada: Gross value added at basic prices (GVA) was 2.23 billion constant LCU in 2025. ▲ Rising
Latest (2025)
2.23 billion constant LCU
Change on year
up 4.4%
World rank
186th
of 198 countries
All-time high
2.23 billion constant LCU
in 2025
All-time low
569.24 million constant LCU
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 Offices (NSOs). Measured in constant LCU.
Analysis
Grenada recorded 2.23 billion constant LCU for gross value added at basic prices (gva) in 2025. That is the highest value across all 49 years on record.
That represents a change of 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 2.23 billion constant LCU in 2025 and was at its lowest, 569.24 million constant LCU, in 1977.
Grenada ranks 186th of 198 countries on this measure, 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 LCU | Change |
|---|---|---|
| 1977 | 569.24 million constant LCU | — |
| 1978 | 592.67 million constant LCU | +4.1% |
| 1979 | 624.32 million constant LCU | +5.3% |
| 1980 | 633.65 million constant LCU | +1.5% |
| 1981 | 643.31 million constant LCU | +1.5% |
| 1982 | 661.21 million constant LCU | +2.8% |
| 1983 | 677.67 million constant LCU | +2.5% |
| 1984 | 705.87 million constant LCU | +4.2% |
| 1985 | 737.34 million constant LCU | +4.5% |
| 1986 | 798.22 million constant LCU | +8.3% |
| 1987 | 858.35 million constant LCU | +7.5% |
| 1988 | 876.66 million constant LCU | +2.1% |
| 1989 | 904.34 million constant LCU | +3.2% |
| 1990 | 941.42 million constant LCU | +4.1% |
| 1991 | 962.01 million constant LCU | +2.2% |
| 1992 | 962.90 million constant LCU | +0.1% |
| 1993 | 955.07 million constant LCU | -0.8% |
| 1994 | 973.88 million constant LCU | +2.0% |
| 1995 | 997.92 million constant LCU | +2.5% |
| 1996 | 1.02 billion constant LCU | +2.7% |
| 1997 | 1.07 billion constant LCU | +4.1% |
| 1998 | 1.20 billion constant LCU | +12.2% |
| 1999 | 1.28 billion constant LCU | +7.3% |
| 2000 | 1.36 billion constant LCU | +5.7% |
| 2001 | 1.34 billion constant LCU | -1.1% |
| 2002 | 1.39 billion constant LCU | +3.3% |
| 2003 | 1.51 billion constant LCU | +8.6% |
| 2004 | 1.51 billion constant LCU | +0.1% |
| 2005 | 1.70 billion constant LCU | +12.5% |
| 2006 | 1.62 billion constant LCU | -4.4% |
| 2007 | 1.72 billion constant LCU | +6.3% |
| 2008 | 1.75 billion constant LCU | +1.7% |
| 2009 | 1.65 billion constant LCU | -5.6% |
| 2010 | 1.62 billion constant LCU | -2.0% |
| 2011 | 1.62 billion constant LCU | +0.1% |
| 2012 | 1.61 billion constant LCU | -0.6% |
| 2013 | 1.67 billion constant LCU | +3.2% |
| 2014 | 1.77 billion constant LCU | +6.5% |
| 2015 | 1.87 billion constant LCU | +5.6% |
| 2016 | 1.91 billion constant LCU | +2.2% |
| 2017 | 1.99 billion constant LCU | +4.0% |
| 2018 | 2.06 billion constant LCU | +3.7% |
| 2019 | 2.09 billion constant LCU | +1.2% |
| 2020 | 1.80 billion constant LCU | -13.7% |
| 2021 | 1.90 billion constant LCU | +5.2% |
| 2022 | 2.01 billion constant LCU | +6.2% |
| 2023 | 2.07 billion constant LCU | +2.8% |
| 2024 | 2.14 billion constant LCU | +3.2% |
| 2025 | 2.23 billion constant LCU | +4.4% |
Grenada compared with similar countries
- Grenada's 2.23 billion constant LCU is below the median for upper middle income countries, which is 504.09 billion constant LCU, 0% of the median. (57 countries reporting)
- Grenada's 2.23 billion constant LCU is below the median for Latin America & Caribbean, which is 111.15 billion constant LCU, 2% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 595.41 million constant LCU | 569.24 million constant LCU | 624.32 million constant LCU | 3 |
| 1980s | 749.66 million constant LCU | 633.65 million constant LCU | 904.34 million constant LCU | 10 |
| 1990s | 1.04 billion constant LCU | 941.42 million constant LCU | 1.28 billion constant LCU | 10 |
| 2000s | 1.55 billion constant LCU | 1.34 billion constant LCU | 1.75 billion constant LCU | 10 |
| 2010s | 1.82 billion constant LCU | 1.61 billion constant LCU | 2.09 billion constant LCU | 10 |
| 2020s | 2.02 billion constant LCU | 1.80 billion constant LCU | 2.23 billion constant LCU | 6 |
Countries ranked near Grenada
- 183 Montenegro 3.89 billion constant LCU compare
- 184 Andorra 2.84 billion constant LCU compare
- 185 Saint Vincent and the Grenadines 2.30 billion constant LCU compare
- 187 Samoa 2.19 billion constant LCU compare
- 188 Sint Maarten (Dutch part) 2.12 billion constant LCU compare
- 189 Saint Kitts and Nevis 2.07 billion constant LCU 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 2.23 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Grenada?
- The highest recorded value was 2.23 billion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Grenada?
- The lowest recorded value was 569.24 million constant LCU in 1977.
- How does Grenada rank for gross value added at basic prices (gva)?
- Grenada ranks 186th out of 198 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). 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 varies by country. This series is expressed in local currency units.