Historical gov spending gdp in Grenada
Grenada: Historical gov spending gdp was 37.09 in 2024. ▲ Rising
Latest (2024)
37.09
Change on year
up 29.4%
World rank
51st
of 151 countries
All-time high
37.09
in 2024
All-time low
21.64
in 2019
Years of data
35
1990–2024
Historical gov spending gdp in Grenada, 1990–2024
Source: Our World in Data.
Analysis
In 2024, historical gov spending gdp in Grenada stood at 37.09. 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, historical gov spending gdp in Grenada peaked at 37.09 in 2024 and was at its lowest, 21.64, 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.
Historical gov spending gdp in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 28.97 | — |
| 1991 | 26.83 | -7.4% |
| 1992 | 21.8 | -18.8% |
| 1993 | 23.13 | +6.1% |
| 1994 | 24.75 | +7.0% |
| 1995 | 23.24 | -6.1% |
| 1996 | 26.25 | +12.9% |
| 1997 | 26.57 | +1.2% |
| 1998 | 25.3 | -4.8% |
| 1999 | 23.74 | -6.2% |
| 2000 | 25.61 | +7.9% |
| 2001 | 29.57 | +15.5% |
| 2002 | 35.75 | +20.9% |
| 2003 | 28.71 | -19.7% |
| 2004 | 24.72 | -13.9% |
| 2005 | 26.56 | +7.4% |
| 2006 | 32.36 | +21.8% |
| 2007 | 27.66 | -14.5% |
| 2008 | 27.9 | +0.8% |
| 2009 | 27.16 | -2.7% |
| 2010 | 27.98 | +3.0% |
| 2011 | 28.32 | +1.2% |
| 2012 | 26.22 | -7.4% |
| 2013 | 28.12 | +7.2% |
| 2014 | 28.69 | +2.0% |
| 2015 | 25.26 | -12.0% |
| 2016 | 23.53 | -6.9% |
| 2017 | 22.59 | -4.0% |
| 2018 | 22.08 | -2.3% |
| 2019 | 21.64 | -2.0% |
| 2020 | 32.68 | +51.0% |
| 2021 | 31.26 | -4.4% |
| 2022 | 32 | +2.4% |
| 2023 | 28.67 | -10.4% |
| 2024 | 37.09 | +29.4% |
Grenada compared with similar countries
- Grenada's 37.09 is above the median for upper middle income countries, which is 30.92, 1.2× the median. (44 countries reporting)
- Grenada's 37.09 is above the median for Latin America & Caribbean, which is 27.1, 1.4× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.06 | 21.8 | 28.97 | 10 |
| 2000s | 28.6 | 24.72 | 35.75 | 10 |
| 2010s | 25.44 | 21.64 | 28.69 | 10 |
| 2020s | 32.34 | 28.67 | 37.09 | 5 |
Countries ranked near Grenada
More economy & growth data for Grenada
- Real gdp growth, annual growth rate 83.75 % change on previous year (2025)
- 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)
Frequently asked questions
- What is historical gov spending gdp in Grenada?
- Historical gov spending gdp in Grenada was 37.09 in 2024, according to Our World in Data.
- What is the highest historical gov spending gdp recorded in Grenada?
- The highest recorded value was 37.09 in 2024.
- What is the lowest historical gov spending gdp recorded in Grenada?
- The lowest recorded value was 21.64 in 2019.
- How does Grenada rank for historical gov spending gdp?
- Grenada ranks 51st out of 151 countries with data for 2024.
- Is historical gov spending 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 Our World in Data, published as part of Historical gov spending gdp. Statizoid updates them automatically from the source API.
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