Government spending as share of GDP in Grenada
Grenada: Government spending as share of GDP was 37.1% in 2024. ▲ Rising
Government spending as share of GDP in Grenada, 1990–2024
Source: International Monetary Fund (2025) – with minor processing by Our World in Data. Measured in % of GDP.
Analysis
In 2024, government spending as share of gdp in Grenada stood at 37.1%. That is the highest value across all 35 years on record.
That represents a change of up 29.4% on the previous year and up 29.3% over ten years.
Over the whole period, government spending as share of gdp in Grenada peaked at 37.1% in 2024 and was at its lowest, 21.6%, in 2019.
Grenada ranks 51st of 151 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.1% | 21.8% | 29.0% | 10 |
| 2000s | 28.6% | 24.7% | 35.7% | 10 |
| 2010s | 25.4% | 21.6% | 28.7% | 10 |
| 2020s | 32.3% | 28.7% | 37.1% | 5 |
Countries ranked near Grenada
More economy & growth data for Grenada
- Inflation of consumer prices 0.6% (2025)
- GDP per capita 10,477 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 3.3% (2025)
- Gross domestic product (GDP) 1.23 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 10,477 constant 2015 US$ (2025)
- DEC alternative conversion factor 2.7 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -171.99 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) -63.70 million current US$ (2025)
- Taxes less subsidies on products 684.13 million current LCU (2025)
- Taxes less subsidies on products 253.38 million current US$ (2025)
Frequently asked questions
- What is government spending as share of gdp in Grenada?
- Government spending as share of gdp in Grenada was 37.1% in 2024, according to International Monetary Fund (2025) – with minor processing by Our World in Data.
- What is the highest government spending as share of gdp recorded in Grenada?
- The highest recorded value was 37.1% in 2024.
- What is the lowest government spending as share of gdp recorded in Grenada?
- The lowest recorded value was 21.6% in 2019.
- How does Grenada rank for government spending as share of gdp?
- Grenada ranks 51st out of 151 countries with data for 2024.
- Is government spending as share of gdp rising or falling in Grenada?
- Over the last ten years it is up 29.3%. The long-run trend across the full record is rising.
- Where does this Grenada data come from?
- The figures come from International Monetary Fund (2025) – with minor processing by Our World in Data, published as part of Government spending as share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
The sum of all the money spent by the government on goods and services, as a percentage of GDP. It includes interest paid on government debt.