Service imports in Grenada
Grenada: Service imports was 397.49 million BoP, current US$ in 2025. ◆ Volatile
Service imports in Grenada, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Grenada recorded 397.49 million BoP, current US$ for service imports in 2025.
The figure is down 5.4% on the previous year and up 118.7% over ten years.
Over the whole period, service imports in Grenada peaked at 420.06 million BoP, current US$ in 2024 and was at its lowest, 4.35 million BoP, current US$, in 1977.
That places Grenada 171st out of 200 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports in Grenada, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 4.35 million BoP, current US$ | — |
| 1978 | 6.60 million BoP, current US$ | +51.7% |
| 1979 | 12.42 million BoP, current US$ | +88.2% |
| 1980 | 11.07 million BoP, current US$ | -10.9% |
| 1981 | 13.39 million BoP, current US$ | +21.0% |
| 1982 | 17.37 million BoP, current US$ | +29.8% |
| 1983 | 15.82 million BoP, current US$ | -8.9% |
| 1984 | 18.38 million BoP, current US$ | +16.2% |
| 1985 | 21.07 million BoP, current US$ | +14.7% |
| 1986 | 24.92 million BoP, current US$ | +18.2% |
| 1987 | 26.02 million BoP, current US$ | +4.4% |
| 1988 | 27.70 million BoP, current US$ | +6.5% |
| 1989 | 29.59 million BoP, current US$ | +6.8% |
| 1990 | 32.54 million BoP, current US$ | +9.9% |
| 1991 | 36.45 million BoP, current US$ | +12.0% |
| 1992 | 35.45 million BoP, current US$ | -2.7% |
| 1993 | 41.19 million BoP, current US$ | +16.2% |
| 1994 | 42.47 million BoP, current US$ | +3.1% |
| 1995 | 39.43 million BoP, current US$ | -7.2% |
| 1996 | 46.68 million BoP, current US$ | +18.4% |
| 1997 | 57.70 million BoP, current US$ | +23.6% |
| 1998 | 70.16 million BoP, current US$ | +21.6% |
| 1999 | 81.71 million BoP, current US$ | +16.5% |
| 2000 | 99.71 million BoP, current US$ | +22.0% |
| 2001 | 99.45 million BoP, current US$ | -0.3% |
| 2002 | 101.45 million BoP, current US$ | +2.0% |
| 2003 | 106.05 million BoP, current US$ | +4.5% |
| 2004 | 115.91 million BoP, current US$ | +9.3% |
| 2005 | 122.31 million BoP, current US$ | +5.5% |
| 2006 | 126.07 million BoP, current US$ | +3.1% |
| 2007 | 140.19 million BoP, current US$ | +11.2% |
| 2008 | 156.96 million BoP, current US$ | +12.0% |
| 2009 | 144.91 million BoP, current US$ | -7.7% |
| 2010 | 141.98 million BoP, current US$ | -2.0% |
| 2011 | 148.92 million BoP, current US$ | +4.9% |
| 2012 | 151.50 million BoP, current US$ | +1.7% |
| 2013 | 159.99 million BoP, current US$ | +5.6% |
| 2014 | 164.81 million BoP, current US$ | +3.0% |
| 2015 | 181.76 million BoP, current US$ | +10.3% |
| 2016 | 198.97 million BoP, current US$ | +9.5% |
| 2017 | 213.44 million BoP, current US$ | +7.3% |
| 2018 | 235.85 million BoP, current US$ | +10.5% |
| 2019 | 259.41 million BoP, current US$ | +10.0% |
| 2020 | 198.92 million BoP, current US$ | -23.3% |
| 2021 | 229.12 million BoP, current US$ | +15.2% |
| 2022 | 266.88 million BoP, current US$ | +16.5% |
| 2023 | 390.66 million BoP, current US$ | +46.4% |
| 2024 | 420.06 million BoP, current US$ | +7.5% |
| 2025 | 397.49 million BoP, current US$ | -5.4% |
Grenada compared with similar countries
- Grenada's 397.49 million BoP, current US$ is below the median for upper middle income countries, which is 3.94 billion BoP, current US$, 10% of the median. (57 countries reporting)
- Grenada's 397.49 million BoP, current US$ is below the median for Latin America & Caribbean, which is 2.80 billion BoP, current US$, 14% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Service imports in Grenada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1979 | +88.2% | 6.60 million BoP, current US$ | 12.42 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.79 million BoP, current US$ | 4.35 million BoP, current US$ | 12.42 million BoP, current US$ | 3 |
| 1980s | 20.53 million BoP, current US$ | 11.07 million BoP, current US$ | 29.59 million BoP, current US$ | 10 |
| 1990s | 48.38 million BoP, current US$ | 32.54 million BoP, current US$ | 81.71 million BoP, current US$ | 10 |
| 2000s | 121.30 million BoP, current US$ | 99.45 million BoP, current US$ | 156.96 million BoP, current US$ | 10 |
| 2010s | 185.66 million BoP, current US$ | 141.98 million BoP, current US$ | 259.41 million BoP, current US$ | 10 |
| 2020s | 317.19 million BoP, current US$ | 198.92 million BoP, current US$ | 420.06 million BoP, current US$ | 6 |
Countries ranked near Grenada
- 168 Lesotho 467.17 million BoP, current US$ compare
- 169 Togo 437.85 million BoP, current US$ compare
- 170 Burundi 406.28 million BoP, current US$ compare
- 172 Faroe Islands 394.20 million BoP, current US$ compare
- 173 French Polynesia 384.04 million BoP, current US$ compare
- 174 Belize 351.61 million BoP, current US$ 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)
- 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$), annual growth rate -3.57 % change on previous year (2025)
Frequently asked questions
- What is service imports in Grenada?
- Service imports in Grenada was 397.49 million BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service imports recorded in Grenada?
- The highest recorded value was 420.06 million BoP, current US$ in 2024.
- What is the lowest service imports recorded in Grenada?
- The lowest recorded value was 4.35 million BoP, current US$ in 1977.
- How does Grenada rank for service imports?
- Grenada ranks 171st out of 200 countries with data for 2025.
- Is service imports rising or falling in Grenada?
- Over the last ten years it is up 118.7%. The long-run trend across the full record is volatile.
- Where does this Grenada data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Service imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.