Gross value added at basic prices (GVA) in Grenada
Grenada: Gross value added at basic prices (GVA) was 3.15 billion current LCU in 2025. ◆ Volatile
Latest (2025)
3.15 billion current LCU
Change on year
up 4.3%
World rank
192nd
of 207 countries
All-time high
3.15 billion current LCU
in 2025
All-time low
169.84 million current 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 Organizations and/or Central Banks. Measured in current LCU.
Analysis
Grenada recorded 3.15 billion current LCU for gross value added at basic prices (gva) in 2025. That is the highest value across all 49 years on record.
The figure is up 4.3% on the previous year and up 36.7% over ten years.
Over the whole period, gross value added at basic prices (gva) in Grenada peaked at 3.15 billion current LCU in 2025 and was at its lowest, 169.84 million current LCU, in 1977.
Grenada ranks 192nd of 207 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) in Grenada, year by year
| Year | current LCU | Change |
|---|---|---|
| 1977 | 169.84 million current LCU | — |
| 1978 | 207.37 million current LCU | +22.1% |
| 1979 | 239.46 million current LCU | +15.5% |
| 1980 | 265.03 million current LCU | +10.7% |
| 1981 | 276.36 million current LCU | +4.3% |
| 1982 | 295.88 million current LCU | +7.1% |
| 1983 | 307.47 million current LCU | +3.9% |
| 1984 | 341.44 million current LCU | +11.0% |
| 1985 | 387.87 million current LCU | +13.6% |
| 1986 | 438.09 million current LCU | +12.9% |
| 1987 | 494.93 million current LCU | +13.0% |
| 1988 | 539.66 million current LCU | +9.0% |
| 1989 | 606.78 million current LCU | +12.4% |
| 1990 | 631.77 million current LCU | +4.1% |
| 1991 | 688.65 million current LCU | +9.0% |
| 1992 | 716.93 million current LCU | +4.1% |
| 1993 | 724.49 million current LCU | +1.1% |
| 1994 | 762.34 million current LCU | +5.2% |
| 1995 | 805.01 million current LCU | +5.6% |
| 1996 | 848.92 million current LCU | +5.5% |
| 1997 | 899.86 million current LCU | +6.0% |
| 1998 | 1.03 billion current LCU | +14.2% |
| 1999 | 1.11 billion current LCU | +8.5% |
| 2000 | 1.21 billion current LCU | +8.7% |
| 2001 | 1.22 billion current LCU | +1.0% |
| 2002 | 1.27 billion current LCU | +3.7% |
| 2003 | 1.38 billion current LCU | +8.5% |
| 2004 | 1.41 billion current LCU | +2.1% |
| 2005 | 1.62 billion current LCU | +15.3% |
| 2006 | 1.62 billion current LCU | +0.1% |
| 2007 | 1.76 billion current LCU | +8.7% |
| 2008 | 1.93 billion current LCU | +9.7% |
| 2009 | 1.82 billion current LCU | -5.6% |
| 2010 | 1.80 billion current LCU | -1.5% |
| 2011 | 1.80 billion current LCU | +0.4% |
| 2012 | 1.86 billion current LCU | +3.3% |
| 2013 | 1.98 billion current LCU | +6.2% |
| 2014 | 2.12 billion current LCU | +7.3% |
| 2015 | 2.31 billion current LCU | +8.5% |
| 2016 | 2.42 billion current LCU | +4.9% |
| 2017 | 2.55 billion current LCU | +5.6% |
| 2018 | 2.63 billion current LCU | +3.0% |
| 2019 | 2.75 billion current LCU | +4.6% |
| 2020 | 2.36 billion current LCU | -14.0% |
| 2021 | 2.56 billion current LCU | +8.1% |
| 2022 | 2.77 billion current LCU | +8.6% |
| 2023 | 2.97 billion current LCU | +7.0% |
| 2024 | 3.02 billion current LCU | +1.8% |
| 2025 | 3.15 billion current LCU | +4.3% |
Grenada compared with similar countries
- Grenada's 3.15 billion current LCU is below the median for upper middle income countries, which is 896.75 billion current LCU, 0% of the median. (58 countries reporting)
- Grenada's 3.15 billion current LCU is below the median for Latin America & Caribbean, which is 135.81 billion current LCU, 2% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 205.56 million current LCU | 169.84 million current LCU | 239.46 million current LCU | 3 |
| 1980s | 395.35 million current LCU | 265.03 million current LCU | 606.78 million current LCU | 10 |
| 1990s | 821.98 million current LCU | 631.77 million current LCU | 1.11 billion current LCU | 10 |
| 2000s | 1.53 billion current LCU | 1.21 billion current LCU | 1.93 billion current LCU | 10 |
| 2010s | 2.22 billion current LCU | 1.80 billion current LCU | 2.75 billion current LCU | 10 |
| 2020s | 2.80 billion current LCU | 2.36 billion current LCU | 3.15 billion current LCU | 6 |
Countries ranked near Grenada
- 189 Curacao 5.40 billion current LCU compare
- 190 Liberia 5.10 billion current LCU compare
- 191 Andorra 3.63 billion current LCU compare
- 193 Samoa 3.05 billion current LCU compare
- 194 Saint Vincent and the Grenadines 2.88 billion current LCU compare
- 195 Saint Kitts and Nevis 2.79 billion current 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 3.15 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Grenada?
- The highest recorded value was 3.15 billion current LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Grenada?
- The lowest recorded value was 169.84 million current LCU in 1977.
- How does Grenada rank for gross value added at basic prices (gva)?
- Grenada ranks 192nd out of 207 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 36.7%. The long-run trend across the full record is volatile.
- Where does this Grenada data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (current LCU). Statizoid updates them automatically from the source API.
Download this data
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.