Gross value added at basic prices (GVA) in Grenada
Grenada: Gross value added at basic prices (GVA) was 1.17 billion current US$ in 2025. ◆ Volatile
Latest (2025)
1.17 billion current US$
Change on year
up 4.3%
World rank
193rd
of 207 countries
All-time high
1.17 billion current US$
in 2025
All-time low
62.90 million current US$
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 current US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Grenada is 1.17 billion current US$, measured in 2025. That is the highest value across all 49 years on record.
That represents a change of 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 1.17 billion current US$ in 2025 and was at its lowest, 62.90 million current US$, in 1977.
Grenada ranks 193rd of 207 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in Grenada, year by year
| Year | current US$ | Change |
|---|---|---|
| 1977 | 62.90 million current US$ | — |
| 1978 | 76.80 million current US$ | +22.1% |
| 1979 | 88.69 million current US$ | +15.5% |
| 1980 | 98.16 million current US$ | +10.7% |
| 1981 | 102.36 million current US$ | +4.3% |
| 1982 | 109.58 million current US$ | +7.1% |
| 1983 | 113.88 million current US$ | +3.9% |
| 1984 | 126.46 million current US$ | +11.0% |
| 1985 | 143.65 million current US$ | +13.6% |
| 1986 | 162.26 million current US$ | +12.9% |
| 1987 | 183.31 million current US$ | +13.0% |
| 1988 | 199.88 million current US$ | +9.0% |
| 1989 | 224.74 million current US$ | +12.4% |
| 1990 | 233.99 million current US$ | +4.1% |
| 1991 | 255.05 million current US$ | +9.0% |
| 1992 | 265.53 million current US$ | +4.1% |
| 1993 | 268.33 million current US$ | +1.1% |
| 1994 | 282.35 million current US$ | +5.2% |
| 1995 | 298.15 million current US$ | +5.6% |
| 1996 | 314.42 million current US$ | +5.5% |
| 1997 | 333.28 million current US$ | +6.0% |
| 1998 | 380.54 million current US$ | +14.2% |
| 1999 | 412.74 million current US$ | +8.5% |
| 2000 | 448.64 million current US$ | +8.7% |
| 2001 | 453.19 million current US$ | +1.0% |
| 2002 | 469.99 million current US$ | +3.7% |
| 2003 | 509.79 million current US$ | +8.5% |
| 2004 | 520.75 million current US$ | +2.1% |
| 2005 | 600.21 million current US$ | +15.3% |
| 2006 | 600.64 million current US$ | +0.1% |
| 2007 | 653.19 million current US$ | +8.7% |
| 2008 | 716.33 million current US$ | +9.7% |
| 2009 | 675.90 million current US$ | -5.6% |
| 2010 | 665.66 million current US$ | -1.5% |
| 2011 | 668.11 million current US$ | +0.4% |
| 2012 | 690.34 million current US$ | +3.3% |
| 2013 | 733.14 million current US$ | +6.2% |
| 2014 | 786.73 million current US$ | +7.3% |
| 2015 | 853.76 million current US$ | +8.5% |
| 2016 | 895.23 million current US$ | +4.9% |
| 2017 | 945.34 million current US$ | +5.6% |
| 2018 | 973.59 million current US$ | +3.0% |
| 2019 | 1.02 billion current US$ | +4.6% |
| 2020 | 875.63 million current US$ | -14.0% |
| 2021 | 946.34 million current US$ | +8.1% |
| 2022 | 1.03 billion current US$ | +8.6% |
| 2023 | 1.10 billion current US$ | +7.0% |
| 2024 | 1.12 billion current US$ | +1.8% |
| 2025 | 1.17 billion current US$ | +4.3% |
Grenada compared with similar countries
- Grenada's 1.17 billion current US$ is below the median for upper middle income countries, which is 39.41 billion current US$, 3% of the median. (58 countries reporting)
- Grenada's 1.17 billion current US$ is below the median for Latin America & Caribbean, which is 26.28 billion current US$, 4% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 76.13 million current US$ | 62.90 million current US$ | 88.69 million current US$ | 3 |
| 1980s | 146.43 million current US$ | 98.16 million current US$ | 224.74 million current US$ | 10 |
| 1990s | 304.44 million current US$ | 233.99 million current US$ | 412.74 million current US$ | 10 |
| 2000s | 564.86 million current US$ | 448.64 million current US$ | 716.33 million current US$ | 10 |
| 2010s | 823.00 million current US$ | 665.66 million current US$ | 1.02 billion current US$ | 10 |
| 2020s | 1.04 billion current US$ | 875.63 million current US$ | 1.17 billion current US$ | 6 |
Countries ranked near Grenada
- 190 Solomon Islands 1.55 billion current US$ compare
- 191 Turks and Caicos Islands 1.44 billion current US$ compare
- 192 Sint Maarten (Dutch part) 1.27 billion current US$ compare
- 194 Vanuatu 1.17 billion current US$ compare
- 195 Samoa 1.10 billion current US$ compare
- 196 Saint Vincent and the Grenadines 1.07 billion current US$ 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$), annual growth rate -3.57 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Grenada?
- Gross value added at basic prices (gva) in Grenada was 1.17 billion current US$ 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 1.17 billion current US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Grenada?
- The lowest recorded value was 62.90 million current US$ in 1977.
- How does Grenada rank for gross value added at basic prices (gva)?
- Grenada ranks 193rd 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.