Gross value added at basic prices (GVA) (current LCU), annual growth in Grenada

Grenada: Gross value added at basic prices (GVA) (current LCU), annual growth was 4.32 % change on previous year in 2025. ◆ Volatile

Latest (2025)
4.32 % change on previous year
Change on year
up 142.2%
World rank
157th
of 205 countries
All-time high
22.1 % change on previous year
in 1978
All-time low
-13.99 % change on previous year
in 2020
Years of data
48
1978–2025

Gross value added at basic prices (GVA) (current LCU), annual growth in Grenada, 1978–2025

-1001020197820012025

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 (GVA) (current LCU), annual growth in Grenada, year by year

Annual values for Gross value added at basic prices (GVA) (current LCU), annual growth rate in Grenada, 1978 to 2025.
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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 154 Ecuador 4.55 % change on previous year compare
  2. 155 Costa Rica 4.41 % change on previous year compare
  3. 156 South Korea 4.34 % change on previous year compare
  4. 158 Greece 4.26 % change on previous year compare
  5. 159 Micronesia (country) 4.05 % change on previous year compare
  6. 160 Estonia 3.96 % change on previous year compare

See the full ranking of 206 places →

More economy & growth data for Grenada

All data for Grenada →

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.

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Gross value added at basic prices (GVA) (current LCU), annual growth in Grenada. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-lcu-annual-growth-rate/grenada/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-lcu-annual-growth-rate/grenada/">Gross value added at basic prices (GVA) (current LCU), annual growth in Grenada</a> — Statizoid

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

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

Indicator
Gross value added at basic prices (GVA) (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
206 places, 8,871 data points, 1961–2025
Last refreshed

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.