Services, value added (current LCU) in Grenada
Grenada: Services, value added (current LCU) was 2.49 billion current LCU in 2025. ◆ Volatile
Services, value added in Grenada, 1977–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for services, value added in Grenada is 2.49 billion current LCU, measured in 2025. That is the highest value across all 49 years on record.
That represents a change of up 3.5% on the previous year and up 38.6% over ten years.
Over the whole period, services, value added in Grenada peaked at 2.49 billion current LCU in 2025 and was at its lowest, 115.96 million current LCU, in 1977.
That places Grenada 192nd out of 206 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.
Services, value added (current LCU) in Grenada, year by year
| Year | current LCU | Change |
|---|---|---|
| 1977 | 115.96 million current LCU | — |
| 1978 | 145.55 million current LCU | +25.5% |
| 1979 | 162.49 million current LCU | +11.6% |
| 1980 | 187.27 million current LCU | +15.2% |
| 1981 | 188.78 million current LCU | +0.8% |
| 1982 | 203.86 million current LCU | +8.0% |
| 1983 | 216.54 million current LCU | +6.2% |
| 1984 | 244.98 million current LCU | +13.1% |
| 1985 | 283.83 million current LCU | +15.9% |
| 1986 | 319.12 million current LCU | +12.4% |
| 1987 | 347.28 million current LCU | +8.8% |
| 1988 | 380.13 million current LCU | +9.5% |
| 1989 | 443.95 million current LCU | +16.8% |
| 1990 | 473.67 million current LCU | +6.7% |
| 1991 | 500.04 million current LCU | +5.6% |
| 1992 | 532.07 million current LCU | +6.4% |
| 1993 | 545.91 million current LCU | +2.6% |
| 1994 | 574.02 million current LCU | +5.1% |
| 1995 | 602.78 million current LCU | +5.0% |
| 1996 | 646.91 million current LCU | +7.3% |
| 1997 | 682.35 million current LCU | +5.5% |
| 1998 | 779.86 million current LCU | +14.3% |
| 1999 | 835.14 million current LCU | +7.1% |
| 2000 | 908.54 million current LCU | +8.8% |
| 2001 | 937.81 million current LCU | +3.2% |
| 2002 | 955.58 million current LCU | +1.9% |
| 2003 | 1.03 billion current LCU | +7.9% |
| 2004 | 1.07 billion current LCU | +4.2% |
| 2005 | 1.16 billion current LCU | +7.6% |
| 2006 | 1.20 billion current LCU | +4.2% |
| 2007 | 1.33 billion current LCU | +10.5% |
| 2008 | 1.49 billion current LCU | +11.7% |
| 2009 | 1.45 billion current LCU | -2.5% |
| 2010 | 1.42 billion current LCU | -1.8% |
| 2011 | 1.45 billion current LCU | +2.1% |
| 2012 | 1.52 billion current LCU | +4.7% |
| 2013 | 1.59 billion current LCU | +4.3% |
| 2014 | 1.68 billion current LCU | +5.9% |
| 2015 | 1.80 billion current LCU | +7.0% |
| 2016 | 1.92 billion current LCU | +6.8% |
| 2017 | 2.04 billion current LCU | +6.2% |
| 2018 | 2.08 billion current LCU | +2.1% |
| 2019 | 2.19 billion current LCU | +5.3% |
| 2020 | 1.88 billion current LCU | -14.1% |
| 2021 | 1.98 billion current LCU | +5.0% |
| 2022 | 2.13 billion current LCU | +7.5% |
| 2023 | 2.35 billion current LCU | +10.4% |
| 2024 | 2.41 billion current LCU | +2.4% |
| 2025 | 2.49 billion current LCU | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 141.33 million current LCU | 115.96 million current LCU | 162.49 million current LCU | 3 |
| 1980s | 281.57 million current LCU | 187.27 million current LCU | 443.95 million current LCU | 10 |
| 1990s | 617.28 million current LCU | 473.67 million current LCU | 835.14 million current LCU | 10 |
| 2000s | 1.15 billion current LCU | 908.54 million current LCU | 1.49 billion current LCU | 10 |
| 2010s | 1.77 billion current LCU | 1.42 billion current LCU | 2.19 billion current LCU | 10 |
| 2020s | 2.20 billion current LCU | 1.88 billion current LCU | 2.49 billion current LCU | 6 |
Countries ranked near Grenada
- 189 Belize 4.00 billion current LCU compare
- 190 Andorra 3.10 billion current LCU compare
- 191 Samoa 2.58 billion current LCU compare
- 193 Saint Vincent and the Grenadines 2.25 billion current LCU compare
- 194 Sint Maarten (Dutch part) 2.16 billion current LCU compare
- 195 Saint Kitts and Nevis 2.11 billion current LCU compare
More economy & growth data for Grenada
- Real gdp growth, annual growth rate 83.75 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate -63.96 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 26.01 units per person (2025)
- SDRs holdings, SDR, annual growth rate -65.68 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0016 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 18.99 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is services, value added in Grenada?
- Services, value added in Grenada was 2.49 billion current LCU 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 2.49 billion current LCU in 2025.
- What is the lowest services, value added recorded in Grenada?
- The lowest recorded value was 115.96 million current LCU in 1977.
- How does Grenada rank for services, value added?
- Grenada ranks 192nd out of 206 countries with data for 2025.
- Is services, value added rising or falling in Grenada?
- Over the last ten years it is up 38.6%. The long-run trend across the full record is volatile.
- 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 defence, 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.