Services, value added (current LCU), annual growth rate in Grenada
Grenada: Services, value added (current LCU), annual growth rate was 3.53 % change on previous year in 2025. ◆ Volatile
Services, value added (current LCU), annual growth rate in Grenada, 1978–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, services, value added (current lcu), annual growth rate in Grenada stood at 3.53 % change on previous year.
Compared with earlier readings it is up 44.0% on the previous year and down 49.3% over ten years.
Over the whole period, services, value added (current lcu), annual growth rate in Grenada peaked at 25.52 % change on previous year in 1978 and was at its lowest, -14.08 % change on previous year, in 2020.
Grenada ranks 176th of 204 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current LCU), annual growth rate in Grenada, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | 25.52 % change on previous year | — |
| 1979 | 11.64 % change on previous year | -54.4% |
| 1980 | 15.25 % change on previous year | +31.1% |
| 1981 | 0.8058 % change on previous year | -94.7% |
| 1982 | 7.99 % change on previous year | +891.9% |
| 1983 | 6.22 % change on previous year | -22.2% |
| 1984 | 13.13 % change on previous year | +111.2% |
| 1985 | 15.86 % change on previous year | +20.7% |
| 1986 | 12.43 % change on previous year | -21.6% |
| 1987 | 8.82 % change on previous year | -29.0% |
| 1988 | 9.46 % change on previous year | +7.2% |
| 1989 | 16.79 % change on previous year | +77.5% |
| 1990 | 6.69 % change on previous year | -60.1% |
| 1991 | 5.57 % change on previous year | -16.8% |
| 1992 | 6.4 % change on previous year | +15.0% |
| 1993 | 2.6 % change on previous year | -59.4% |
| 1994 | 5.15 % change on previous year | +97.9% |
| 1995 | 5.01 % change on previous year | -2.7% |
| 1996 | 7.32 % change on previous year | +46.1% |
| 1997 | 5.48 % change on previous year | -25.2% |
| 1998 | 14.29 % change on previous year | +160.9% |
| 1999 | 7.09 % change on previous year | -50.4% |
| 2000 | 8.79 % change on previous year | +24.0% |
| 2001 | 3.22 % change on previous year | -63.4% |
| 2002 | 1.9 % change on previous year | -41.2% |
| 2003 | 7.91 % change on previous year | +317.6% |
| 2004 | 4.16 % change on previous year | -47.5% |
| 2005 | 7.64 % change on previous year | +83.8% |
| 2006 | 4.17 % change on previous year | -45.4% |
| 2007 | 10.54 % change on previous year | +152.8% |
| 2008 | 11.71 % change on previous year | +11.1% |
| 2009 | -2.53 % change on previous year | -121.6% |
| 2010 | -1.81 % change on previous year | -28.6% |
| 2011 | 2.14 % change on previous year | -218.3% |
| 2012 | 4.69 % change on previous year | +118.9% |
| 2013 | 4.26 % change on previous year | -9.2% |
| 2014 | 5.9 % change on previous year | +38.7% |
| 2015 | 6.96 % change on previous year | +17.8% |
| 2016 | 6.75 % change on previous year | -2.9% |
| 2017 | 6.17 % change on previous year | -8.6% |
| 2018 | 2.09 % change on previous year | -66.2% |
| 2019 | 5.35 % change on previous year | +156.5% |
| 2020 | -14.08 % change on previous year | -363.3% |
| 2021 | 5.05 % change on previous year | -135.8% |
| 2022 | 7.55 % change on previous year | +49.6% |
| 2023 | 10.41 % change on previous year | +37.9% |
| 2024 | 2.45 % change on previous year | -76.5% |
| 2025 | 3.53 % change on previous year | +44.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.58 % change on previous year | 11.64 % change on previous year | 25.52 % change on previous year | 2 |
| 1980s | 10.68 % change on previous year | 0.8058 % change on previous year | 16.79 % change on previous year | 10 |
| 1990s | 6.56 % change on previous year | 2.6 % change on previous year | 14.29 % change on previous year | 10 |
| 2000s | 5.75 % change on previous year | -2.53 % change on previous year | 11.71 % change on previous year | 10 |
| 2010s | 4.25 % change on previous year | -1.81 % change on previous year | 6.96 % change on previous year | 10 |
| 2020s | 2.48 % change on previous year | -14.08 % change on previous year | 10.41 % change on previous year | 6 |
Countries ranked near Grenada
- 173 Solomon Islands 3.85 % change on previous year compare
- 174 Republic of Korea 3.67 % change on previous year compare
- 175 Sweden 3.64 % change on previous year compare
- 177 Greenland 3.51 % change on previous year compare
- 178 Libya 3.42 % change on previous year compare
- 179 Sri Lanka 3.4 % 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)
- Services, value added (current US$), annual growth rate 3.53 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6494 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 7,863 current US$ per person (2025)
- Services, value added (current LCU), per unit of GDP 1.75 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 21,229 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 2.79 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5541 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 6,708 constant 2015 US$ per person (2025)
Frequently asked questions
- What is services, value added (current lcu), annual growth rate in Grenada?
- Services, value added (current lcu), annual growth rate in Grenada was 3.53 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (current lcu), annual growth rate recorded in Grenada?
- The highest recorded value was 25.52 % change on previous year in 1978.
- What is the lowest services, value added (current lcu), annual growth rate recorded in Grenada?
- The lowest recorded value was -14.08 % change on previous year in 2020.
- How does Grenada rank for services, value added (current lcu), annual growth rate?
- Grenada ranks 176th out of 204 countries with data for 2025.
- Is services, value added (current lcu), annual growth rate rising or falling in Grenada?
- Over the last ten years it is down 49.3%. 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 (current 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 (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.