Gross value added at basic prices … current LCU annual growth rate in Grenada
Grenada: Gross value added at basic prices … current LCU annual growth rate was 4.32 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (current LCU), annual growth in Grenada, 1978–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, gross value added at basic prices (gva) (current lcu), annual growth in Grenada stood at 4.32 % change on previous year.
That represents a change of up 142.2% on the previous year and down 49.3% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Grenada peaked at 22.1 % change on previous year in 1978 and was at its lowest, -13.99 % change on previous year, in 2020.
Grenada ranks 157th of 205 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices … current LCU annual growth rate in Grenada, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | 22.1 % change on previous year | — |
| 1979 | 15.47 % change on previous year | -30.0% |
| 1980 | 10.68 % change on previous year | -31.0% |
| 1981 | 4.27 % change on previous year | -60.0% |
| 1982 | 7.06 % change on previous year | +65.2% |
| 1983 | 3.92 % change on previous year | -44.5% |
| 1984 | 11.05 % change on previous year | +181.9% |
| 1985 | 13.6 % change on previous year | +23.1% |
| 1986 | 12.95 % change on previous year | -4.8% |
| 1987 | 12.97 % change on previous year | +0.2% |
| 1988 | 9.04 % change on previous year | -30.3% |
| 1989 | 12.44 % change on previous year | +37.6% |
| 1990 | 4.12 % change on previous year | -66.9% |
| 1991 | 9 % change on previous year | +118.7% |
| 1992 | 4.11 % change on previous year | -54.4% |
| 1993 | 1.05 % change on previous year | -74.3% |
| 1994 | 5.22 % change on previous year | +395.4% |
| 1995 | 5.6 % change on previous year | +7.1% |
| 1996 | 5.46 % change on previous year | -2.5% |
| 1997 | 6 % change on previous year | +10.0% |
| 1998 | 14.18 % change on previous year | +136.4% |
| 1999 | 8.46 % change on previous year | -40.3% |
| 2000 | 8.7 % change on previous year | +2.8% |
| 2001 | 1.01 % change on previous year | -88.3% |
| 2002 | 3.71 % change on previous year | +265.3% |
| 2003 | 8.47 % change on previous year | +128.5% |
| 2004 | 2.15 % change on previous year | -74.6% |
| 2005 | 15.26 % change on previous year | +609.8% |
| 2006 | 0.071 % change on previous year | -99.5% |
| 2007 | 8.75 % change on previous year | +12229.5% |
| 2008 | 9.67 % change on previous year | +10.5% |
| 2009 | -5.64 % change on previous year | -158.4% |
| 2010 | -1.52 % change on previous year | -73.1% |
| 2011 | 0.3689 % change on previous year | -124.3% |
| 2012 | 3.33 % change on previous year | +802.0% |
| 2013 | 6.2 % change on previous year | +86.4% |
| 2014 | 7.31 % change on previous year | +17.9% |
| 2015 | 8.52 % change on previous year | +16.6% |
| 2016 | 4.86 % change on previous year | -43.0% |
| 2017 | 5.6 % change on previous year | +15.2% |
| 2018 | 2.99 % change on previous year | -46.6% |
| 2019 | 4.57 % change on previous year | +52.8% |
| 2020 | -13.99 % change on previous year | -406.3% |
| 2021 | 8.07 % change on previous year | -157.7% |
| 2022 | 8.55 % change on previous year | +5.9% |
| 2023 | 6.97 % change on previous year | -18.5% |
| 2024 | 1.78 % change on previous year | -74.4% |
| 2025 | 4.32 % change on previous year | +142.2% |
Grenada compared with similar countries
- Grenada's 4.32 % change on previous year is below the median for upper middle income countries, which is 6.87 % change on previous year, 63% of the median. (58 countries reporting)
- Grenada's 4.32 % change on previous year is below the median for Latin America & Caribbean, which is 6.54 % change on previous year, 66% of the median. (39 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices … current LCU annual growth rate in Grenada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +12229.5% | 0.071 % change on previous year | 8.75 % change on previous year |
| 2012 | +802.0% | 0.3689 % change on previous year | 3.33 % change on previous year |
| 2005 | +609.8% | 2.15 % change on previous year | 15.26 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.79 % change on previous year | 15.47 % change on previous year | 22.1 % change on previous year | 2 |
| 1980s | 9.8 % change on previous year | 3.92 % change on previous year | 13.6 % change on previous year | 10 |
| 1990s | 6.32 % change on previous year | 1.05 % change on previous year | 14.18 % change on previous year | 10 |
| 2000s | 5.21 % change on previous year | -5.64 % change on previous year | 15.26 % change on previous year | 10 |
| 2010s | 4.22 % change on previous year | -1.52 % change on previous year | 8.52 % change on previous year | 10 |
| 2020s | 2.62 % change on previous year | -13.99 % change on previous year | 8.55 % change on previous year | 6 |
Countries ranked near Grenada
- 154 Ecuador 4.55 % change on previous year compare
- 155 Costa Rica 4.41 % change on previous year compare
- 156 South Korea 4.34 % change on previous year compare
- 158 Greece 4.26 % change on previous year compare
- 159 Micronesia (country) 4.05 % change on previous year compare
- 160 Estonia 3.96 % 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)
- 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) (current lcu), annual growth in Grenada?
- Gross value added at basic prices (gva) (current lcu), annual growth in Grenada was 4.32 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Grenada?
- The highest recorded value was 22.1 % change on previous year in 1978.
- What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Grenada?
- The lowest recorded value was -13.99 % change on previous year in 2020.
- How does Grenada rank for gross value added at basic prices (gva) (current lcu), annual growth?
- Grenada ranks 157th out of 205 countries with data for 2025.
- Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Grenada?
- Over the last ten years it is down 49.3%. 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) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current 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 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
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.