Services, value added in Grenada
Grenada: Services, value added was 786.91 million constant 2015 US$ in 2025. ▲ Rising
Services, value added in Grenada, 1977–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
Grenada recorded 786.91 million constant 2015 US$ for services, value added in 2025. That is the highest value across all 49 years on record.
Compared with earlier readings it is up 2.8% on the previous year and up 18.2% over ten years.
Over the whole period, services, value added in Grenada peaked at 786.91 million constant 2015 US$ in 2025 and was at its lowest, 173.86 million constant 2015 US$, in 1977.
That places Grenada 183rd out of 196 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 49 years of available data.
Services, value added in Grenada, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1977 | 173.86 million constant 2015 US$ | — |
| 1978 | 189.47 million constant 2015 US$ | +9.0% |
| 1979 | 196.17 million constant 2015 US$ | +3.5% |
| 1980 | 199.71 million constant 2015 US$ | +1.8% |
| 1981 | 197.63 million constant 2015 US$ | -1.0% |
| 1982 | 208.49 million constant 2015 US$ | +5.5% |
| 1983 | 220.58 million constant 2015 US$ | +5.8% |
| 1984 | 229.44 million constant 2015 US$ | +4.0% |
| 1985 | 244.09 million constant 2015 US$ | +6.4% |
| 1986 | 269.57 million constant 2015 US$ | +10.4% |
| 1987 | 285.72 million constant 2015 US$ | +6.0% |
| 1988 | 288.71 million constant 2015 US$ | +1.0% |
| 1989 | 298.27 million constant 2015 US$ | +3.3% |
| 1990 | 315.83 million constant 2015 US$ | +5.9% |
| 1991 | 321.99 million constant 2015 US$ | +1.9% |
| 1992 | 323.70 million constant 2015 US$ | +0.5% |
| 1993 | 323.10 million constant 2015 US$ | -0.2% |
| 1994 | 331.11 million constant 2015 US$ | +2.5% |
| 1995 | 335.37 million constant 2015 US$ | +1.3% |
| 1996 | 347.63 million constant 2015 US$ | +3.7% |
| 1997 | 360.89 million constant 2015 US$ | +3.8% |
| 1998 | 407.44 million constant 2015 US$ | +12.9% |
| 1999 | 435.30 million constant 2015 US$ | +6.8% |
| 2000 | 456.82 million constant 2015 US$ | +4.9% |
| 2001 | 463.24 million constant 2015 US$ | +1.4% |
| 2002 | 479.67 million constant 2015 US$ | +3.5% |
| 2003 | 513.40 million constant 2015 US$ | +7.0% |
| 2004 | 520.13 million constant 2015 US$ | +1.3% |
| 2005 | 547.96 million constant 2015 US$ | +5.3% |
| 2006 | 552.63 million constant 2015 US$ | +0.9% |
| 2007 | 603.39 million constant 2015 US$ | +9.2% |
| 2008 | 621.09 million constant 2015 US$ | +2.9% |
| 2009 | 601.13 million constant 2015 US$ | -3.2% |
| 2010 | 591.06 million constant 2015 US$ | -1.7% |
| 2011 | 599.56 million constant 2015 US$ | +1.4% |
| 2012 | 603.25 million constant 2015 US$ | +0.6% |
| 2013 | 611.05 million constant 2015 US$ | +1.3% |
| 2014 | 645.77 million constant 2015 US$ | +5.7% |
| 2015 | 665.63 million constant 2015 US$ | +3.1% |
| 2016 | 683.03 million constant 2015 US$ | +2.6% |
| 2017 | 709.32 million constant 2015 US$ | +3.8% |
| 2018 | 727.65 million constant 2015 US$ | +2.6% |
| 2019 | 741.89 million constant 2015 US$ | +2.0% |
| 2020 | 643.41 million constant 2015 US$ | -13.3% |
| 2021 | 654.88 million constant 2015 US$ | +1.8% |
| 2022 | 689.52 million constant 2015 US$ | +5.3% |
| 2023 | 734.62 million constant 2015 US$ | +6.5% |
| 2024 | 765.52 million constant 2015 US$ | +4.2% |
| 2025 | 786.91 million constant 2015 US$ | +2.8% |
Grenada compared with similar countries
- Grenada's 786.91 million constant 2015 US$ is below the median for upper middle income countries, which is 26.58 billion constant 2015 US$, 3% of the median. (58 countries reporting)
- Grenada's 786.91 million constant 2015 US$ is below the median for Latin America & Caribbean, which is 12.34 billion constant 2015 US$, 6% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 186.50 million constant 2015 US$ | 173.86 million constant 2015 US$ | 196.17 million constant 2015 US$ | 3 |
| 1980s | 244.22 million constant 2015 US$ | 197.63 million constant 2015 US$ | 298.27 million constant 2015 US$ | 10 |
| 1990s | 350.24 million constant 2015 US$ | 315.83 million constant 2015 US$ | 435.30 million constant 2015 US$ | 10 |
| 2000s | 535.95 million constant 2015 US$ | 456.82 million constant 2015 US$ | 621.09 million constant 2015 US$ | 10 |
| 2010s | 657.82 million constant 2015 US$ | 591.06 million constant 2015 US$ | 741.89 million constant 2015 US$ | 10 |
| 2020s | 712.48 million constant 2015 US$ | 643.41 million constant 2015 US$ | 786.91 million constant 2015 US$ | 6 |
Countries ranked near Grenada
- 180 San Marino 988.74 million constant 2015 US$ compare
- 181 Guinea-Bissau 830.48 million constant 2015 US$ compare
- 182 Samoa 819.92 million constant 2015 US$ compare
- 184 Solomon Islands 768.94 million constant 2015 US$ compare
- 185 Central African Republic 730.64 million constant 2015 US$ compare
- 186 Saint Kitts and Nevis 717.46 million constant 2015 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$), annual growth rate -3.57 % change on previous year (2025)
Frequently asked questions
- What is services, value added in Grenada?
- Services, value added in Grenada was 786.91 million constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Grenada?
- The highest recorded value was 786.91 million constant 2015 US$ in 2025.
- What is the lowest services, value added recorded in Grenada?
- The lowest recorded value was 173.86 million constant 2015 US$ in 1977.
- How does Grenada rank for services, value added?
- Grenada ranks 183rd out of 196 countries with data for 2025.
- Is services, value added rising or falling in Grenada?
- Over the last ten years it is up 18.2%. The long-run trend across the full record is rising.
- Where does this Grenada data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defense, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.