Taxes less subsidies on products (constant LCU), annual growth rate in Grenada
Grenada: Taxes less subsidies on products (constant LCU), annual growth rate was 4.42 % change on previous year in 2025. ◆ Volatile
Taxes less subsidies on products (constant LCU), annual growth rate in Grenada, 1978–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, taxes less subsidies on products (constant lcu), annual growth rate in Grenada stood at 4.42 % change on previous year.
The figure is up 396.7% on the previous year and down 62.3% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), annual growth rate in Grenada peaked at 19.12 % change on previous year in 1987 and was at its lowest, -13.89 % change on previous year, in 2020.
That places Grenada 79th out of 188 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (constant LCU), annual growth rate in Grenada, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | 14.31 % change on previous year | — |
| 1979 | 7.36 % change on previous year | -48.6% |
| 1980 | -13.81 % change on previous year | -287.8% |
| 1981 | 1.61 % change on previous year | -111.6% |
| 1982 | 14.45 % change on previous year | +798.9% |
| 1983 | 11.53 % change on previous year | -20.2% |
| 1984 | -0.195 % change on previous year | -101.7% |
| 1985 | 16.06 % change on previous year | -8336.7% |
| 1986 | 0.8587 % change on previous year | -94.7% |
| 1987 | 19.12 % change on previous year | +2126.7% |
| 1988 | 7.78 % change on previous year | -59.3% |
| 1989 | 7.11 % change on previous year | -8.6% |
| 1990 | 3.55 % change on previous year | -50.1% |
| 1991 | -2.87 % change on previous year | -180.8% |
| 1992 | -6.12 % change on previous year | +113.3% |
| 1993 | -8.77 % change on previous year | +43.4% |
| 1994 | -0.0975 % change on previous year | -98.9% |
| 1995 | -0.1058 % change on previous year | +8.4% |
| 1996 | 16.14 % change on previous year | -15364.8% |
| 1997 | 10.25 % change on previous year | -36.5% |
| 1998 | 9.05 % change on previous year | -11.7% |
| 1999 | 4.8 % change on previous year | -46.9% |
| 2000 | 0.2161 % change on previous year | -95.5% |
| 2001 | -7.79 % change on previous year | -3705.5% |
| 2002 | 4.22 % change on previous year | -154.1% |
| 2003 | 15.56 % change on previous year | +269.0% |
| 2004 | -5.44 % change on previous year | -135.0% |
| 2005 | 18.5 % change on previous year | -440.0% |
| 2006 | -1.53 % change on previous year | -108.3% |
| 2007 | 5.14 % change on previous year | -435.0% |
| 2008 | -3.63 % change on previous year | -170.5% |
| 2009 | -13.01 % change on previous year | +258.9% |
| 2010 | 9.94 % change on previous year | -176.4% |
| 2011 | 4.69 % change on previous year | -52.8% |
| 2012 | -4.65 % change on previous year | -199.2% |
| 2013 | -2.9 % change on previous year | -37.6% |
| 2014 | 13.09 % change on previous year | -551.2% |
| 2015 | 11.73 % change on previous year | -10.4% |
| 2016 | 13.18 % change on previous year | +12.3% |
| 2017 | 6.75 % change on previous year | -48.8% |
| 2018 | 7.73 % change on previous year | +14.6% |
| 2019 | -1.96 % change on previous year | -125.4% |
| 2020 | -13.89 % change on previous year | +607.4% |
| 2021 | 2.04 % change on previous year | -114.7% |
| 2022 | 13.21 % change on previous year | +546.3% |
| 2023 | 13.22 % change on previous year | +0.1% |
| 2024 | -1.49 % change on previous year | -111.3% |
| 2025 | 4.42 % change on previous year | -396.7% |
Grenada compared with similar countries
- Grenada's 4.42 % change on previous year is above the median for upper middle income countries, which is 4.16 % change on previous year, 1.1× the median. (54 countries reporting)
- Grenada's 4.42 % change on previous year is above the median for Latin America & Caribbean, which is 2.7 % change on previous year, 1.6× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (constant LCU), annual growth rate in Grenada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +15364.8% | -0.1058 % change on previous year | 16.14 % change on previous year |
| 1985 | +8336.7% | -0.195 % change on previous year | 16.06 % change on previous year |
| 2001 | -3705.5% | 0.2161 % change on previous year | -7.79 % change on previous year |
| 1987 | +2126.7% | 0.8587 % change on previous year | 19.12 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.83 % change on previous year | 7.36 % change on previous year | 14.31 % change on previous year | 2 |
| 1980s | 6.45 % change on previous year | -13.81 % change on previous year | 19.12 % change on previous year | 10 |
| 1990s | 2.58 % change on previous year | -8.77 % change on previous year | 16.14 % change on previous year | 10 |
| 2000s | 1.22 % change on previous year | -13.01 % change on previous year | 18.5 % change on previous year | 10 |
| 2010s | 5.76 % change on previous year | -4.65 % change on previous year | 13.18 % change on previous year | 10 |
| 2020s | 2.92 % change on previous year | -13.89 % change on previous year | 13.22 % change on previous year | 6 |
Countries ranked near Grenada
- 76 Saint Vincent and the Grenadines 4.56 % change on previous year compare
- 77 Cameroon 4.55 % change on previous year compare
- 78 Laos 4.52 % change on previous year compare
- 80 Zimbabwe 4.19 % change on previous year compare
- 81 Saudi Arabia 4.1 % change on previous year compare
- 82 Uruguay 4.03 % 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)
- 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 taxes less subsidies on products (constant lcu), annual growth rate in Grenada?
- Taxes less subsidies on products (constant lcu), annual growth rate in Grenada was 4.42 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), annual growth rate recorded in Grenada?
- The highest recorded value was 19.12 % change on previous year in 1987.
- What is the lowest taxes less subsidies on products (constant lcu), annual growth rate recorded in Grenada?
- The lowest recorded value was -13.89 % change on previous year in 2020.
- How does Grenada rank for taxes less subsidies on products (constant lcu), annual growth rate?
- Grenada ranks 79th out of 188 countries with data for 2025.
- Is taxes less subsidies on products (constant lcu), annual growth rate rising or falling in Grenada?
- Over the last ten years it is down 62.3%. 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 Taxes less subsidies on products (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 Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
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 Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.