Value of imported goods as a share of GDP in Grenada

Grenada: Value of imported goods as a share of GDP was 99.7% in 2024. ▲ Rising

Latest (2024)
99.7%
Change on year
up 146.5%
World rank
7th
of 201 countries
All-time high
99.7%
in 2024
All-time low
31.9%
in 1992
Years of data
47
1978–2024

Value of imported goods as a share of GDP in Grenada, 1978–2024

406080100197820012024

Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.

Analysis

Grenada recorded 99.7% for value of imported goods as a share of gdp in 2024. That is the highest value across all 47 years on record.

That represents a change of up 146.5% on the previous year and up 189.0% over ten years.

Over the whole period, value of imported goods as a share of gdp in Grenada peaked at 99.7% in 2024 and was at its lowest, 31.9%, in 1992.

That places Grenada 7th out of 201 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 47 years of available data.

Value of imported goods as a share of GDP in Grenada, year by year

Annual values for Value of imported goods as a share of GDP in Grenada, 1978 to 2024.
Year % Change
1978 38.6%
1979 41.0% +6.0%
1980 44.4% +8.3%
1981 45.6% +2.7%
1982 43.8% -4.0%
1983 33.5% -23.3%
1984 34.0% +1.5%
1985 36.4% +6.8%
1986 38.9% +7.0%
1987 35.4% -8.9%
1988 38.2% +7.9%
1989 37.1% -2.9%
1990 39.1% +5.3%
1991 38.0% -2.6%
1992 31.9% -16.2%
1993 40.6% +27.4%
1994 36.6% -9.9%
1995 37.8% +3.5%
1996 41.9% +10.7%
1997 43.9% +4.8%
1998 42.6% -3.1%
1999 39.6% -6.9%
2000 44.0% +11.1%
2001 40.8% -7.4%
2002 36.8% -9.7%
2003 42.9% +16.5%
2004 41.8% -2.5%
2005 48.0% +14.9%
2006 42.8% -10.9%
2007 48.1% +12.4%
2008 44.0% -8.6%
2009 36.5% -16.9%
2010 41.1% +12.5%
2011 43.0% +4.6%
2012 41.4% -3.7%
2013 54.4% +31.5%
2014 34.5% -36.6%
2015 34.8% +0.9%
2016 35.9% +3.3%
2017 35.8% -0.4%
2018 44.0% +22.9%
2019 36.6% -16.8%
2020 35.2% -3.9%
2021 36.1% +2.4%
2022 38.8% +7.6%
2023 40.4% +4.2%
2024 99.7% +146.5%

Averages by decade

DecadeAverage LowestHighest Years
1970s 39.8% 38.6% 41.0% 2
1980s 38.7% 33.5% 45.6% 10
1990s 39.2% 31.9% 43.9% 10
2000s 42.6% 36.5% 48.1% 10
2010s 40.2% 34.5% 54.4% 10
2020s 50.0% 35.2% 99.7% 5

Countries ranked near Grenada

  1. 4 Tuvalu 128.1% compare
  2. 5 Slovenia 114.7% compare
  3. 6 Djibouti 107.0% compare
  4. 8 Saint Lucia 94.9% compare
  5. 9 Gambia 91.1% compare
  6. 10 Micronesia, Federated States of 90.7% compare

See the full ranking of 201 places →

More economy & growth data for Grenada

All data for Grenada →

Frequently asked questions

What is value of imported goods as a share of gdp in Grenada?
Value of imported goods as a share of gdp in Grenada was 99.7% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
What is the highest value of imported goods as a share of gdp recorded in Grenada?
The highest recorded value was 99.7% in 2024.
What is the lowest value of imported goods as a share of gdp recorded in Grenada?
The lowest recorded value was 31.9% in 1992.
How does Grenada rank for value of imported goods as a share of gdp?
Grenada ranks 7th out of 201 countries with data for 2024.
Is value of imported goods as a share of gdp rising or falling in Grenada?
Over the last ten years it is up 189.0%. 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); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.

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Value of imported goods as a share of GDP in Grenada. Statizoid, drawing on International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Retrieved 08 September 2026, from https://economy.statizoid.com/stat/merchandise-imports-as-a-share-of-countrys-gdp/grenada/

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About this data

Indicator
Value of imported goods as a share of GDP
Unit
%
Source
International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
201 places, 10,161 data points, 1960–2024
Last refreshed

Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).