Services, value added (constant LCU), annual growth rate in Grenada
Grenada: Services, value added (constant LCU), annual growth rate was 2.79 % change on previous year in 2025. ◆ Volatile
Services, value added (constant LCU), annual growth rate in Grenada, 1978–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, services, value added (constant lcu), annual growth rate in Grenada stood at 2.79 % change on previous year.
The figure is down 33.6% on the previous year and down 9.2% over ten years.
Over the whole period, services, value added (constant lcu), annual growth rate in Grenada peaked at 12.9 % change on previous year in 1998 and was at its lowest, -13.27 % change on previous year, in 2020.
Grenada ranks 124th of 196 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant LCU), annual growth rate in Grenada, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | 8.98 % change on previous year | — |
| 1979 | 3.54 % change on previous year | -60.6% |
| 1980 | 1.8 % change on previous year | -49.0% |
| 1981 | -1.04 % change on previous year | -157.5% |
| 1982 | 5.49 % change on previous year | -629.7% |
| 1983 | 5.8 % change on previous year | +5.6% |
| 1984 | 4.02 % change on previous year | -30.7% |
| 1985 | 6.39 % change on previous year | +59.0% |
| 1986 | 10.44 % change on previous year | +63.5% |
| 1987 | 5.99 % change on previous year | -42.6% |
| 1988 | 1.05 % change on previous year | -82.5% |
| 1989 | 3.31 % change on previous year | +216.3% |
| 1990 | 5.89 % change on previous year | +77.8% |
| 1991 | 1.95 % change on previous year | -66.9% |
| 1992 | 0.5329 % change on previous year | -72.6% |
| 1993 | -0.1861 % change on previous year | -134.9% |
| 1994 | 2.48 % change on previous year | -1432.9% |
| 1995 | 1.28 % change on previous year | -48.2% |
| 1996 | 3.66 % change on previous year | +184.7% |
| 1997 | 3.81 % change on previous year | +4.3% |
| 1998 | 12.9 % change on previous year | +238.3% |
| 1999 | 6.84 % change on previous year | -47.0% |
| 2000 | 4.94 % change on previous year | -27.7% |
| 2001 | 1.41 % change on previous year | -71.6% |
| 2002 | 3.55 % change on previous year | +152.1% |
| 2003 | 7.03 % change on previous year | +98.4% |
| 2004 | 1.31 % change on previous year | -81.4% |
| 2005 | 5.35 % change on previous year | +308.2% |
| 2006 | 0.8525 % change on previous year | -84.1% |
| 2007 | 9.19 % change on previous year | +977.5% |
| 2008 | 2.93 % change on previous year | -68.1% |
| 2009 | -3.21 % change on previous year | -209.5% |
| 2010 | -1.68 % change on previous year | -47.8% |
| 2011 | 1.44 % change on previous year | -185.8% |
| 2012 | 0.6169 % change on previous year | -57.1% |
| 2013 | 1.29 % change on previous year | +109.6% |
| 2014 | 5.68 % change on previous year | +339.3% |
| 2015 | 3.08 % change on previous year | -45.9% |
| 2016 | 2.61 % change on previous year | -15.0% |
| 2017 | 3.85 % change on previous year | +47.2% |
| 2018 | 2.59 % change on previous year | -32.8% |
| 2019 | 1.96 % change on previous year | -24.3% |
| 2020 | -13.27 % change on previous year | -778.6% |
| 2021 | 1.78 % change on previous year | -113.4% |
| 2022 | 5.29 % change on previous year | +196.5% |
| 2023 | 6.54 % change on previous year | +23.7% |
| 2024 | 4.21 % change on previous year | -35.7% |
| 2025 | 2.79 % change on previous year | -33.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.26 % change on previous year | 3.54 % change on previous year | 8.98 % change on previous year | 2 |
| 1980s | 4.32 % change on previous year | -1.04 % change on previous year | 10.44 % change on previous year | 10 |
| 1990s | 3.92 % change on previous year | -0.1861 % change on previous year | 12.9 % change on previous year | 10 |
| 2000s | 3.33 % change on previous year | -3.21 % change on previous year | 9.19 % change on previous year | 10 |
| 2010s | 2.14 % change on previous year | -1.68 % change on previous year | 5.68 % change on previous year | 10 |
| 2020s | 1.22 % change on previous year | -13.27 % change on previous year | 6.54 % change on previous year | 6 |
Countries ranked near Grenada
- 121 Dominican Republic 2.84 % change on previous year compare
- 122 Botswana 2.83 % change on previous year compare
- 123 North Macedonia 2.82 % change on previous year compare
- 125 Saint Kitts and Nevis 2.77 % change on previous year compare
- 126 Serbia 2.71 % change on previous year compare
- 127 Suriname 2.63 % change on previous year 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 (current US$), per unit of GDP 0.033 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 399.02 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.089 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 1,077 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0363 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 439.32 constant 2015 US$ per person (2025)
- 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)
Frequently asked questions
- What is services, value added (constant lcu), annual growth rate in Grenada?
- Services, value added (constant lcu), annual growth rate in Grenada was 2.79 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (constant lcu), annual growth rate recorded in Grenada?
- The highest recorded value was 12.9 % change on previous year in 1998.
- What is the lowest services, value added (constant lcu), annual growth rate recorded in Grenada?
- The lowest recorded value was -13.27 % change on previous year in 2020.
- How does Grenada rank for services, value added (constant lcu), annual growth rate?
- Grenada ranks 124th out of 196 countries with data for 2025.
- Is services, value added (constant lcu), annual growth rate rising or falling in Grenada?
- Over the last ten years it is down 9.2%. The long-run trend across the full record is volatile.
- Where does this Grenada data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.