Share of household consumption in GDP vs. GDP per capita in Grenada
Grenada: Share of household consumption in GDP vs. GDP per capita was 57.2% in 2023. ▼ Falling
Latest (2023)
57.2%
Change on year
down 15.5%
World rank
115th
of 184 countries
All-time high
109.9%
in 2003
All-time low
54.5%
in 1995
Years of data
54
1970–2023
Share of household consumption in GDP vs. GDP per capita in Grenada, 1970–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
Grenada recorded 57.2% for share of household consumption in gdp vs. gdp per capita in 2023.
That represents a change of down 15.5% on the previous year and down 35.8% over ten years.
Over the whole period, share of household consumption in gdp vs. gdp per capita in Grenada peaked at 109.9% in 2003 and was at its lowest, 54.5%, in 1995.
That places Grenada 115th out of 184 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 54 years of available data.
Share of household consumption in GDP vs. GDP per capita in Grenada, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 73.3% | — |
| 1971 | 73.7% | +0.6% |
| 1972 | 70.9% | -3.9% |
| 1973 | 71.1% | +0.3% |
| 1974 | 89.3% | +25.5% |
| 1975 | 77.7% | -12.9% |
| 1976 | 78.0% | +0.4% |
| 1977 | 92.2% | +18.2% |
| 1978 | 82.7% | -10.4% |
| 1979 | 92.1% | +11.5% |
| 1980 | 100.7% | +9.3% |
| 1981 | 107.4% | +6.7% |
| 1982 | 103.6% | -3.6% |
| 1983 | 93.4% | -9.9% |
| 1984 | 90.1% | -3.6% |
| 1985 | 96.6% | +7.2% |
| 1986 | 91.0% | -5.8% |
| 1987 | 78.2% | -14.0% |
| 1988 | 77.5% | -0.9% |
| 1989 | 70.9% | -8.4% |
| 1990 | 70.6% | -0.5% |
| 1991 | 67.8% | -3.9% |
| 1992 | 62.7% | -7.6% |
| 1993 | 67.9% | +8.3% |
| 1994 | 54.6% | -19.6% |
| 1995 | 54.5% | -0.1% |
| 1996 | 55.1% | +1.0% |
| 1997 | 61.8% | +12.2% |
| 1998 | 66.0% | +6.9% |
| 1999 | 55.3% | -16.2% |
| 2000 | 66.9% | +21.0% |
| 2001 | 88.2% | +31.8% |
| 2002 | 89.0% | +0.9% |
| 2003 | 109.9% | +23.5% |
| 2004 | 80.3% | -27.0% |
| 2005 | 88.7% | +10.5% |
| 2006 | 96.3% | +8.6% |
| 2007 | 90.7% | -5.9% |
| 2008 | 91.9% | +1.3% |
| 2009 | 89.0% | -3.1% |
| 2010 | 88.9% | -0.1% |
| 2011 | 88.5% | -0.5% |
| 2012 | 90.6% | +2.4% |
| 2013 | 89.0% | -1.8% |
| 2014 | 86.2% | -3.2% |
| 2015 | 72.8% | -15.6% |
| 2016 | 73.5% | +1.0% |
| 2017 | 72.9% | -0.9% |
| 2018 | 68.1% | -6.5% |
| 2019 | 67.1% | -1.4% |
| 2020 | 68.2% | +1.6% |
| 2021 | 67.0% | -1.7% |
| 2022 | 67.7% | +1.0% |
| 2023 | 57.2% | -15.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 80.1% | 70.9% | 92.2% | 10 |
| 1980s | 90.9% | 70.9% | 107.4% | 10 |
| 1990s | 61.6% | 54.5% | 70.6% | 10 |
| 2000s | 89.1% | 66.9% | 109.9% | 10 |
| 2010s | 79.8% | 67.1% | 90.6% | 10 |
| 2020s | 65.0% | 57.2% | 68.2% | 4 |
Countries ranked near Grenada
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)
- Agriculture, forestry, and fishing, value added (current LCU), annual -0.9003 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0686 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 830.2 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 4.5 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0246 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 297.64 constant 2015 US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant LCU) 4.5 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.0587 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is share of household consumption in gdp vs. gdp per capita in Grenada?
- Share of household consumption in gdp vs. gdp per capita in Grenada was 57.2% in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest share of household consumption in gdp vs. gdp per capita recorded in Grenada?
- The highest recorded value was 109.9% in 2003.
- What is the lowest share of household consumption in gdp vs. gdp per capita recorded in Grenada?
- The lowest recorded value was 54.5% in 1995.
- How does Grenada rank for share of household consumption in gdp vs. gdp per capita?
- Grenada ranks 115th out of 184 countries with data for 2023.
- Is share of household consumption in gdp vs. gdp per capita rising or falling in Grenada?
- Over the last ten years it is down 35.8%. The long-run trend across the full record is falling.
- Where does this Grenada data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Share of household consumption in GDP vs. GDP per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Household consumption divided by gross domestic product, expressed as a percentage.