Services, value added (constant 2015 US$), per unit of GDP in Grenada

Grenada: Services, value added (constant 2015 US$), per unit of GDP was 0.5541 constant 2015 US$ per US$ of GDP in 2025. ▼ Falling

Latest (2025)
0.5541 constant 2015 US$ per US$ of GDP
Change on year
down 2.2%
World rank
54th
of 195 countries
All-time high
2.43 constant 2015 US$ per US$ of GDP
in 1977
All-time low
0.5497 constant 2015 US$ per US$ of GDP
in 2023
Years of data
49
1977–2025

Services, value added (constant 2015 US$), per unit of GDP in Grenada, 1977–2025

0.511.522.5197720012025

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

The most recent figure for services, value added (constant 2015 us$), per unit of gdp in Grenada is 0.5541 constant 2015 US$ per US$ of GDP, measured in 2025.

The figure is down 2.2% on the previous year and down 17.0% over ten years.

Over the whole period, services, value added (constant 2015 us$), per unit of gdp in Grenada peaked at 2.43 constant 2015 US$ per US$ of GDP in 1977 and was at its lowest, 0.5497 constant 2015 US$ per US$ of GDP, in 2023.

That places Grenada 54th 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 49 years of available data.

Services, value added (constant 2015 US$), per unit of GDP in Grenada, year by year

Annual values for Services, value added (constant 2015 US$), per unit of GDP in Grenada, 1977 to 2025.
Year constant 2015 US$ per US$ of GDP Change
1977 2.43 constant 2015 US$ per US$ of GDP
1978 2.15 constant 2015 US$ per US$ of GDP -11.8%
1979 1.92 constant 2015 US$ per US$ of GDP -10.6%
1980 1.8 constant 2015 US$ per US$ of GDP -6.1%
1981 1.71 constant 2015 US$ per US$ of GDP -5.1%
1982 1.66 constant 2015 US$ per US$ of GDP -2.7%
1983 1.67 constant 2015 US$ per US$ of GDP +0.7%
1984 1.58 constant 2015 US$ per US$ of GDP -5.8%
1985 1.46 constant 2015 US$ per US$ of GDP -7.7%
1986 1.44 constant 2015 US$ per US$ of GDP -1.3%
1987 1.33 constant 2015 US$ per US$ of GDP -7.5%
1988 1.22 constant 2015 US$ per US$ of GDP -8.1%
1989 1.12 constant 2015 US$ per US$ of GDP -8.7%
1990 1.14 constant 2015 US$ per US$ of GDP +1.8%
1991 1.07 constant 2015 US$ per US$ of GDP -5.7%
1992 1.04 constant 2015 US$ per US$ of GDP -2.5%
1993 1.04 constant 2015 US$ per US$ of GDP -0.1%
1994 1.02 constant 2015 US$ per US$ of GDP -2.3%
1995 0.9801 constant 2015 US$ per US$ of GDP -3.8%
1996 0.9475 constant 2015 US$ per US$ of GDP -3.3%
1997 0.9202 constant 2015 US$ per US$ of GDP -2.9%
1998 0.9137 constant 2015 US$ per US$ of GDP -0.7%
1999 0.9031 constant 2015 US$ per US$ of GDP -1.2%
2000 0.8784 constant 2015 US$ per US$ of GDP -2.7%
2001 0.8901 constant 2015 US$ per US$ of GDP +1.3%
2002 0.8877 constant 2015 US$ per US$ of GDP -0.3%
2003 0.8687 constant 2015 US$ per US$ of GDP -2.1%
2004 0.8682 constant 2015 US$ per US$ of GDP -0.1%
2005 0.7878 constant 2015 US$ per US$ of GDP -9.3%
2006 0.7909 constant 2015 US$ per US$ of GDP +0.4%
2007 0.7953 constant 2015 US$ per US$ of GDP +0.6%
2008 0.7519 constant 2015 US$ per US$ of GDP -5.5%
2009 0.7794 constant 2015 US$ per US$ of GDP +3.7%
2010 0.7666 constant 2015 US$ per US$ of GDP -1.6%
2011 0.77 constant 2015 US$ per US$ of GDP +0.4%
2012 0.7542 constant 2015 US$ per US$ of GDP -2.1%
2013 0.7252 constant 2015 US$ per US$ of GDP -3.8%
2014 0.7085 constant 2015 US$ per US$ of GDP -2.3%
2015 0.6676 constant 2015 US$ per US$ of GDP -5.8%
2016 0.6434 constant 2015 US$ per US$ of GDP -3.6%
2017 0.6301 constant 2015 US$ per US$ of GDP -2.1%
2018 0.6238 constant 2015 US$ per US$ of GDP -1.0%
2019 0.6114 constant 2015 US$ per US$ of GDP -2.0%
2020 0.6166 constant 2015 US$ per US$ of GDP +0.9%
2021 0.5836 constant 2015 US$ per US$ of GDP -5.4%
2022 0.5633 constant 2015 US$ per US$ of GDP -3.5%
2023 0.5497 constant 2015 US$ per US$ of GDP -2.4%
2024 0.5665 constant 2015 US$ per US$ of GDP +3.1%
2025 0.5541 constant 2015 US$ per US$ of GDP -2.2%

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.17 constant 2015 US$ per US$ of GDP 1.92 constant 2015 US$ per US$ of GDP 2.43 constant 2015 US$ per US$ of GDP 3
1980s 1.5 constant 2015 US$ per US$ of GDP 1.12 constant 2015 US$ per US$ of GDP 1.8 constant 2015 US$ per US$ of GDP 10
1990s 0.9976 constant 2015 US$ per US$ of GDP 0.9031 constant 2015 US$ per US$ of GDP 1.14 constant 2015 US$ per US$ of GDP 10
2000s 0.8298 constant 2015 US$ per US$ of GDP 0.7519 constant 2015 US$ per US$ of GDP 0.8901 constant 2015 US$ per US$ of GDP 10
2010s 0.6901 constant 2015 US$ per US$ of GDP 0.6114 constant 2015 US$ per US$ of GDP 0.77 constant 2015 US$ per US$ of GDP 10
2020s 0.5723 constant 2015 US$ per US$ of GDP 0.5497 constant 2015 US$ per US$ of GDP 0.6166 constant 2015 US$ per US$ of GDP 6

Countries ranked near Grenada

  1. 51 Pakistan 0.5634 constant 2015 US$ per US$ of GDP compare
  2. 52 Cuba 0.5615 constant 2015 US$ per US$ of GDP compare
  3. 53 Cape Verde 0.5562 constant 2015 US$ per US$ of GDP compare
  4. 55 China 0.5515 constant 2015 US$ per US$ of GDP compare
  5. 56 Kiribati 0.5493 constant 2015 US$ per US$ of GDP compare
  6. 57 Spain 0.5488 constant 2015 US$ per US$ of GDP compare

See the full ranking of 238 places →

More economy & growth data for Grenada

All data for Grenada →

Frequently asked questions

What is services, value added (constant 2015 us$), per unit of gdp in Grenada?
Services, value added (constant 2015 us$), per unit of gdp in Grenada was 0.5541 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest services, value added (constant 2015 us$), per unit of gdp recorded in Grenada?
The highest recorded value was 2.43 constant 2015 US$ per US$ of GDP in 1977.
What is the lowest services, value added (constant 2015 us$), per unit of gdp recorded in Grenada?
The lowest recorded value was 0.5497 constant 2015 US$ per US$ of GDP in 2023.
How does Grenada rank for services, value added (constant 2015 us$), per unit of gdp?
Grenada ranks 54th out of 195 countries with data for 2025.
Is services, value added (constant 2015 us$), per unit of gdp rising or falling in Grenada?
Over the last ten years it is down 17.0%. The long-run trend across the full record is falling.
Where does this Grenada data come from?
The figures come from Statizoid (derived), published as part of Services, value added (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Services, value added (constant 2015 US$), per unit of GDP in Grenada. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://economy.statizoid.com/stat/services-value-added-constant-2015-us-per-unit-of-gdp/grenada/

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How this figure is calculated

Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Services, value added (constant 2015 US$) ÷ GDP (current US$)

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Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Services, value added (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
238 places, 9,768 data points, 1960–2025
Last refreshed

Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.