Services, value added in Grenada
Grenada: Services, value added was 922.30 million current US$ in 2025. ◆ Volatile
Services, value added in Grenada, 1977–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for services, value added in Grenada is 922.30 million current US$, measured in 2025. That is the highest value across all 49 years on record.
The figure is 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 922.30 million current US$ in 2025 and was at its lowest, 42.95 million current US$, in 1977.
That places Grenada 193rd out of 206 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Grenada, year by year
| Year | current US$ | Change |
|---|---|---|
| 1977 | 42.95 million current US$ | — |
| 1978 | 53.91 million current US$ | +25.5% |
| 1979 | 60.18 million current US$ | +11.6% |
| 1980 | 69.36 million current US$ | +15.2% |
| 1981 | 69.92 million current US$ | +0.8% |
| 1982 | 75.50 million current US$ | +8.0% |
| 1983 | 80.20 million current US$ | +6.2% |
| 1984 | 90.73 million current US$ | +13.1% |
| 1985 | 105.12 million current US$ | +15.9% |
| 1986 | 118.19 million current US$ | +12.4% |
| 1987 | 128.62 million current US$ | +8.8% |
| 1988 | 140.79 million current US$ | +9.5% |
| 1989 | 164.43 million current US$ | +16.8% |
| 1990 | 175.43 million current US$ | +6.7% |
| 1991 | 185.20 million current US$ | +5.6% |
| 1992 | 197.06 million current US$ | +6.4% |
| 1993 | 202.19 million current US$ | +2.6% |
| 1994 | 212.60 million current US$ | +5.1% |
| 1995 | 223.25 million current US$ | +5.0% |
| 1996 | 239.60 million current US$ | +7.3% |
| 1997 | 252.72 million current US$ | +5.5% |
| 1998 | 288.84 million current US$ | +14.3% |
| 1999 | 309.31 million current US$ | +7.1% |
| 2000 | 336.50 million current US$ | +8.8% |
| 2001 | 347.33 million current US$ | +3.2% |
| 2002 | 353.92 million current US$ | +1.9% |
| 2003 | 381.93 million current US$ | +7.9% |
| 2004 | 397.80 million current US$ | +4.2% |
| 2005 | 428.19 million current US$ | +7.6% |
| 2006 | 446.04 million current US$ | +4.2% |
| 2007 | 493.05 million current US$ | +10.5% |
| 2008 | 550.79 million current US$ | +11.7% |
| 2009 | 536.83 million current US$ | -2.5% |
| 2010 | 527.11 million current US$ | -1.8% |
| 2011 | 538.40 million current US$ | +2.1% |
| 2012 | 563.65 million current US$ | +4.7% |
| 2013 | 587.64 million current US$ | +4.3% |
| 2014 | 622.33 million current US$ | +5.9% |
| 2015 | 665.63 million current US$ | +7.0% |
| 2016 | 710.58 million current US$ | +6.8% |
| 2017 | 754.46 million current US$ | +6.2% |
| 2018 | 770.20 million current US$ | +2.1% |
| 2019 | 811.40 million current US$ | +5.3% |
| 2020 | 697.13 million current US$ | -14.1% |
| 2021 | 732.30 million current US$ | +5.0% |
| 2022 | 787.58 million current US$ | +7.5% |
| 2023 | 869.59 million current US$ | +10.4% |
| 2024 | 890.88 million current US$ | +2.4% |
| 2025 | 922.30 million current US$ | +3.5% |
Grenada compared with similar countries
- Grenada's 922.30 million current US$ is below the median for upper middle income countries, which is 24.02 billion current US$, 4% of the median. (58 countries reporting)
- Grenada's 922.30 million current US$ is below the median for Latin America & Caribbean, which is 15.17 billion current US$, 6% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 52.35 million current US$ | 42.95 million current US$ | 60.18 million current US$ | 3 |
| 1980s | 104.29 million current US$ | 69.36 million current US$ | 164.43 million current US$ | 10 |
| 1990s | 228.62 million current US$ | 175.43 million current US$ | 309.31 million current US$ | 10 |
| 2000s | 427.24 million current US$ | 336.50 million current US$ | 550.79 million current US$ | 10 |
| 2010s | 655.14 million current US$ | 527.11 million current US$ | 811.40 million current US$ | 10 |
| 2020s | 816.63 million current US$ | 697.13 million current US$ | 922.30 million current US$ | 6 |
Countries ranked near Grenada
- 190 San Marino 1.15 billion current US$ compare
- 191 Guinea-Bissau 987.68 million current US$ compare
- 192 Samoa 928.49 million current US$ compare
- 194 Comoros 885.92 million current US$ compare
- 195 Saint Vincent and the Grenadines 832.96 million current US$ compare
- 196 Sao Tome and Principe 798.68 million current 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$), annual growth rate -3.57 % change on previous year (2025)
Frequently asked questions
- What is services, value added in Grenada?
- Services, value added in Grenada was 922.30 million current US$ 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 922.30 million current US$ in 2025.
- What is the lowest services, value added recorded in Grenada?
- The lowest recorded value was 42.95 million current US$ in 1977.
- How does Grenada rank for services, value added?
- Grenada ranks 193rd 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 US$). Statizoid updates them automatically from the source API.
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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 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 indicator is expressed in United States dollars.