Merchandise trade as a proportion of GDP in Grenada
Grenada: Merchandise trade as a proportion of GDP was 48.5% in 2024. ▼ Falling
Latest (2024)
48.5%
Change on year
down 1.0%
World rank
110th
of 188 countries
All-time high
55.2%
in 2000
All-time low
35.9%
in 2016
Years of data
25
2000–2024
Merchandise trade as a proportion of GDP in Grenada, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Grenada recorded 48.5% for merchandise trade as a proportion of gdp in 2024.
That represents a change of down 1.0% on the previous year and up 17.4% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Grenada peaked at 55.2% in 2000 and was at its lowest, 35.9%, in 2016.
That places Grenada 110th out of 188 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Merchandise trade as a proportion of GDP in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 55.2% | — |
| 2001 | 49.0% | -11.2% |
| 2002 | 43.9% | -10.5% |
| 2003 | 50.1% | +14.2% |
| 2004 | 44.2% | -11.7% |
| 2005 | 51.2% | +15.7% |
| 2006 | 46.4% | -9.4% |
| 2007 | 52.5% | +13.1% |
| 2008 | 47.7% | -9.1% |
| 2009 | 40.3% | -15.5% |
| 2010 | 44.5% | +10.3% |
| 2011 | 47.1% | +5.9% |
| 2012 | 47.0% | -0.3% |
| 2013 | 48.1% | +2.2% |
| 2014 | 41.4% | -13.9% |
| 2015 | 40.6% | -1.8% |
| 2016 | 35.9% | -11.7% |
| 2017 | 40.0% | +11.4% |
| 2018 | 42.7% | +6.8% |
| 2019 | 42.4% | -0.8% |
| 2020 | 40.3% | -5.0% |
| 2021 | 43.0% | +6.7% |
| 2022 | 51.1% | +19.1% |
| 2023 | 49.0% | -4.2% |
| 2024 | 48.5% | -1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 48.0% | 40.3% | 55.2% | 10 |
| 2010s | 43.0% | 35.9% | 48.1% | 10 |
| 2020s | 46.4% | 40.3% | 51.1% | 5 |
Countries ranked near Grenada
- 107 Albania 50.3% compare
- 108 Saint Vincent and the Grenadines 48.7% compare
- 109 Kazakhstan 48.6% compare
- 111 Togo 47.9% compare
- 112 Uzbekistan 47.8% compare
- 113 Cyprus 47.1% 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)
- Manufacturing, value added (constant LCU), per capita 803.02 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 8.87 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1549 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 1,875 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 8.87 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.4181 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 5,062 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 10.85 % change on previous year (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Grenada?
- Merchandise trade as a proportion of gdp in Grenada was 48.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Grenada?
- The highest recorded value was 55.2% in 2000.
- What is the lowest merchandise trade as a proportion of gdp recorded in Grenada?
- The lowest recorded value was 35.9% in 2016.
- How does Grenada rank for merchandise trade as a proportion of gdp?
- Grenada ranks 110th out of 188 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Grenada?
- Over the last ten years it is up 17.4%. The long-run trend across the full record is falling.
- Where does this Grenada data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).