Industry (including construction), value added in Grenada
Grenada: Industry (including construction), value added was 10.8% in 2025. ◆ Volatile
Industry (including construction), value added in Grenada, 1978–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Grenada recorded 10.8% for industry (including construction), value added in 2025.
Compared with earlier readings it is up 238.7% on the previous year and up 103.6% over ten years.
Over the whole period, industry (including construction), value added in Grenada peaked at 57.8% in 2005 and was at its lowest, -21.4%, in 2006.
Grenada ranks 18th of 199 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added in Grenada, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1978 | 9.7% | — |
| 1979 | 13.6% | +40.1% |
| 1980 | -5.3% | -138.9% |
| 1981 | 5.9% | -211.0% |
| 1982 | 13.7% | +133.6% |
| 1983 | -4.5% | -132.9% |
| 1984 | -5.3% | +18.2% |
| 1985 | 13.9% | -360.7% |
| 1986 | 12.3% | -11.2% |
| 1987 | 16.3% | +31.7% |
| 1988 | 8.2% | -49.4% |
| 1989 | 1.4% | -83.2% |
| 1990 | 0.5% | -62.6% |
| 1991 | 7.1% | +1276.2% |
| 1992 | 0.4% | -93.7% |
| 1993 | -1.1% | -351.7% |
| 1994 | 5.4% | -585.2% |
| 1995 | 5.3% | -2.2% |
| 1996 | 5.3% | +0.2% |
| 1997 | 8.3% | +55.2% |
| 1998 | 16.7% | +101.7% |
| 1999 | 8.1% | -51.4% |
| 2000 | 12.1% | +48.6% |
| 2001 | -9.0% | -174.6% |
| 2002 | 2.4% | -126.9% |
| 2003 | 13.8% | +468.8% |
| 2004 | -0.6% | -104.7% |
| 2005 | 57.8% | -9046.2% |
| 2006 | -21.4% | -136.9% |
| 2007 | -1.8% | -91.4% |
| 2008 | -4.4% | +138.9% |
| 2009 | -19.3% | +339.9% |
| 2010 | -1.1% | -94.2% |
| 2011 | -5.9% | +426.0% |
| 2012 | -8.7% | +47.3% |
| 2013 | 10.8% | -224.6% |
| 2014 | -1.7% | -115.4% |
| 2015 | 5.3% | -420.0% |
| 2016 | 8.2% | +53.1% |
| 2017 | 15.1% | +84.5% |
| 2018 | 10.1% | -33.1% |
| 2019 | -0.6% | -105.7% |
| 2020 | -14.8% | +2491.2% |
| 2021 | 15.3% | -203.4% |
| 2022 | 17.4% | +13.3% |
| 2023 | -4.0% | -123.2% |
| 2024 | 3.2% | -179.4% |
| 2025 | 10.8% | +238.7% |
Grenada compared with similar countries
- Grenada's 10.8% is above the median for upper middle income countries, which is 2.2%, 5.0× the median. (58 countries reporting)
- Grenada's 10.8% is above the median for Latin America & Caribbean, which is 2.0%, 5.4× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Industry (including construction), value added in Grenada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +9046.2% | -0.6% | 57.8% |
| 2020 | -2491.2% | -0.6% | -14.8% |
| 1991 | +1276.2% | 0.5% | 7.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.6% | 9.7% | 13.6% | 2 |
| 1980s | 5.7% | -5.3% | 16.3% | 10 |
| 1990s | 5.6% | -1.1% | 16.7% | 10 |
| 2000s | 3.0% | -21.4% | 57.8% | 10 |
| 2010s | 3.1% | -8.7% | 15.1% | 10 |
| 2020s | 4.7% | -14.8% | 17.4% | 6 |
Countries ranked near Grenada
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 industry (including construction), value added in Grenada?
- Industry (including construction), value added in Grenada was 10.8% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Grenada?
- The highest recorded value was 57.8% in 2005.
- What is the lowest industry (including construction), value added recorded in Grenada?
- The lowest recorded value was -21.4% in 2006.
- How does Grenada rank for industry (including construction), value added?
- Grenada ranks 18th out of 199 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Grenada?
- Over the last ten years it is up 103.6%. 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 Industry (including construction), value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.