Personal remittances, received in Grenada
Grenada: Personal remittances, received was 3.3% in 2025. ▼ Falling
Personal remittances, received in Grenada, 1986–2025
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
Grenada recorded 3.3% for personal remittances, received in 2025.
The figure is down 5.9% on the previous year and down 23.1% over ten years.
Over the whole period, personal remittances, received in Grenada peaked at 10.4% in 1987 and was at its lowest, 2.8%, in 1991.
That places Grenada 78th out of 195 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 40 years of available data.
Personal remittances, received in Grenada, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1986 | 8.9% | — |
| 1987 | 10.4% | +16.1% |
| 1988 | 10.0% | -4.2% |
| 1989 | 6.3% | -36.6% |
| 1990 | 6.5% | +2.5% |
| 1991 | 2.8% | -57.4% |
| 1992 | 2.8% | +0.7% |
| 1993 | 5.9% | +113.8% |
| 1994 | 8.0% | +35.8% |
| 1995 | 5.8% | -27.9% |
| 1996 | 5.7% | -1.5% |
| 1997 | 5.5% | -3.9% |
| 1998 | 4.9% | -9.8% |
| 1999 | 4.8% | -2.9% |
| 2000 | 4.7% | -3.0% |
| 2001 | 4.7% | +0.2% |
| 2002 | 4.6% | -1.9% |
| 2003 | 4.3% | -6.6% |
| 2004 | 8.0% | +87.8% |
| 2005 | 4.9% | -38.9% |
| 2006 | 5.0% | +2.8% |
| 2007 | 4.8% | -5.1% |
| 2008 | 4.4% | -7.0% |
| 2009 | 4.6% | +3.0% |
| 2010 | 4.7% | +3.0% |
| 2011 | 4.8% | +0.8% |
| 2012 | 4.8% | -0.2% |
| 2013 | 4.6% | -3.8% |
| 2014 | 4.5% | -1.8% |
| 2015 | 4.3% | -3.1% |
| 2016 | 4.2% | -2.4% |
| 2017 | 4.2% | -1.1% |
| 2018 | 4.1% | -2.0% |
| 2019 | 5.2% | +26.9% |
| 2020 | 6.8% | +29.3% |
| 2021 | 5.5% | -18.0% |
| 2022 | 5.2% | -6.9% |
| 2023 | 3.0% | -40.9% |
| 2024 | 3.6% | +16.7% |
| 2025 | 3.3% | -5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.9% | 6.3% | 10.4% | 4 |
| 1990s | 5.3% | 2.8% | 8.0% | 10 |
| 2000s | 5.0% | 4.3% | 8.0% | 10 |
| 2010s | 4.5% | 4.1% | 5.2% | 10 |
| 2020s | 4.6% | 3.0% | 6.8% | 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)
- Services, value added (constant LCU), per capita 14,619 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 0.6582 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 4.32 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8216 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 9,947 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.32 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 2.22 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 26,856 current LCU per person (2025)
Frequently asked questions
- What is personal remittances, received in Grenada?
- Personal remittances, received in Grenada was 3.3% in 2025, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Grenada?
- The highest recorded value was 10.4% in 1987.
- What is the lowest personal remittances, received recorded in Grenada?
- The lowest recorded value was 2.8% in 1991.
- How does Grenada rank for personal remittances, received?
- Grenada ranks 78th out of 195 countries with data for 2025.
- Is personal remittances, received rising or falling in Grenada?
- Over the last ten years it is down 23.1%. The long-run trend across the full record is falling.
- Where does this Grenada data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.