How does Grenada rank for taxes less subsidies on products (constant lcu), per unit of gdp?

Grenada ranks 94th out of 189 countries with data for 2025.

Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Grenada?

Over the last ten years it is up 3.8%. The long-run trend across the full record is falling.

Taxes less subsidies on products (constant LCU), per unit of GDP in Grenada

Name: Taxes less subsidies on products (constant LCU), per unit of GDP in Grenada
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Grenada: Taxes less subsidies on products (constant LCU), per unit of GDP was 0.3271 constant LCU per US$ of GDP in 2025. ▼ Falling

Latest (2025)

0.3271 constant LCU per US$ of GDP

Change on year

down 0.6%

World rank

94th

of 189 countries

All-time high

1.09 constant LCU per US$ of GDP

in 1977

All-time low

0.2951 constant LCU per US$ of GDP

in 2013

Years of data

1977–2025

Taxes less subsidies on products (constant LCU), per unit of GDP in Grenada, 1977–2025

Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.

Analysis

Grenada recorded 0.3271 constant LCU per US$ of GDP for taxes less subsidies on products (constant lcu), per unit of gdp in 2025.

The figure is down 0.6% on the previous year and up 3.8% over ten years.

Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in Grenada peaked at 1.09 constant LCU per US$ of GDP in 1977 and was at its lowest, 0.2951 constant LCU per US$ of GDP, in 2013.

Grenada ranks 94th of 189 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 49 years of available data.

Taxes less subsidies on products (constant LCU), per unit of GDP in Grenada, year by year

Annual values for Taxes less subsidies on products (constant LCU), per unit of GDP in Grenada, 1977 to 2025.
Year	constant LCU per US$ of GDP	Change
1977	1.09 constant LCU per US$ of GDP	—
1978	1.01 constant LCU per US$ of GDP	-7.5%
1979	0.9333 constant LCU per US$ of GDP	-7.3%
1980	0.7416 constant LCU per US$ of GDP	-20.5%
1981	0.7226 constant LCU per US$ of GDP	-2.6%
1982	0.7625 constant LCU per US$ of GDP	+5.5%
1983	0.8093 constant LCU per US$ of GDP	+6.1%
1984	0.7316 constant LCU per US$ of GDP	-9.6%
1985	0.7367 constant LCU per US$ of GDP	+0.7%
1986	0.6644 constant LCU per US$ of GDP	-9.8%
1987	0.6905 constant LCU per US$ of GDP	+3.9%
1988	0.677 constant LCU per US$ of GDP	-2.0%
1989	0.6411 constant LCU per US$ of GDP	-5.3%
1990	0.6382 constant LCU per US$ of GDP	-0.5%
1991	0.5732 constant LCU per US$ of GDP	-10.2%
1992	0.5218 constant LCU per US$ of GDP	-9.0%
1993	0.4766 constant LCU per US$ of GDP	-8.7%
1994	0.4537 constant LCU per US$ of GDP	-4.8%
1995	0.4306 constant LCU per US$ of GDP	-5.1%
1996	0.4664 constant LCU per US$ of GDP	+8.3%
1997	0.4811 constant LCU per US$ of GDP	+3.1%
1998	0.4614 constant LCU per US$ of GDP	-4.1%
1999	0.4474 constant LCU per US$ of GDP	-3.0%
2000	0.4155 constant LCU per US$ of GDP	-7.1%
2001	0.3829 constant LCU per US$ of GDP	-7.9%
2002	0.3843 constant LCU per US$ of GDP	+0.4%
2003	0.406 constant LCU per US$ of GDP	+5.6%
2004	0.3787 constant LCU per US$ of GDP	-6.7%
2005	0.3866 constant LCU per US$ of GDP	+2.1%
2006	0.3789 constant LCU per US$ of GDP	-2.0%
2007	0.3669 constant LCU per US$ of GDP	-3.2%
2008	0.3248 constant LCU per US$ of GDP	-11.5%
2009	0.3026 constant LCU per US$ of GDP	-6.8%
2010	0.3328 constant LCU per US$ of GDP	+10.0%
2011	0.345 constant LCU per US$ of GDP	+3.7%
2012	0.3202 constant LCU per US$ of GDP	-7.2%
2013	0.2951 constant LCU per US$ of GDP	-7.8%
2014	0.3085 constant LCU per US$ of GDP	+4.5%
2015	0.3152 constant LCU per US$ of GDP	+2.2%
2016	0.335 constant LCU per US$ of GDP	+6.3%
2017	0.3373 constant LCU per US$ of GDP	+0.7%
2018	0.3506 constant LCU per US$ of GDP	+4.0%
2019	0.3304 constant LCU per US$ of GDP	-5.8%
2020	0.3309 constant LCU per US$ of GDP	+0.1%
2021	0.314 constant LCU per US$ of GDP	-5.1%
2022	0.3259 constant LCU per US$ of GDP	+3.8%
2023	0.3379 constant LCU per US$ of GDP	+3.7%
2024	0.3293 constant LCU per US$ of GDP	-2.6%
2025	0.3271 constant LCU per US$ of GDP	-0.6%

Grenada compared with similar countries

Grenada's 0.3271 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 0.3532 constant LCU per US$ of GDP, 93% of the median. (54 countries reporting)
Grenada's 0.3271 constant LCU per US$ of GDP is above the median for Latin America & Caribbean, which is 0.3169 constant LCU per US$ of GDP, 1.0× the median. (37 countries reporting)

Averages by decade

Decade	Average	Lowest	Highest	Years
1970s	1.01 constant LCU per US$ of GDP	0.9333 constant LCU per US$ of GDP	1.09 constant LCU per US$ of GDP	3
1980s	0.7177 constant LCU per US$ of GDP	0.6411 constant LCU per US$ of GDP	0.8093 constant LCU per US$ of GDP	10
1990s	0.495 constant LCU per US$ of GDP	0.4306 constant LCU per US$ of GDP	0.6382 constant LCU per US$ of GDP	10
2000s	0.3727 constant LCU per US$ of GDP	0.3026 constant LCU per US$ of GDP	0.4155 constant LCU per US$ of GDP	10
2010s	0.327 constant LCU per US$ of GDP	0.2951 constant LCU per US$ of GDP	0.3506 constant LCU per US$ of GDP	10
2020s	0.3275 constant LCU per US$ of GDP	0.314 constant LCU per US$ of GDP	0.3379 constant LCU per US$ of GDP	6

Countries ranked near Grenada

91 Saint Vincent and the Grenadines 0.3539 constant LCU per US$ of GDP compare
92 Guatemala 0.3526 constant LCU per US$ of GDP compare
93 Trinidad and Tobago 0.341 constant LCU per US$ of GDP compare
95 Sierra Leone 0.3204 constant LCU per US$ of GDP compare
96 Brazil 0.3169 constant LCU per US$ of GDP compare
97 Saint Lucia 0.3158 constant LCU per US$ of GDP compare

See the full ranking of 190 places →

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)

All data for Grenada →

Frequently asked questions

What is taxes less subsidies on products (constant lcu), per unit of gdp in Grenada?: Taxes less subsidies on products (constant lcu), per unit of gdp in Grenada was 0.3271 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Grenada?: The highest recorded value was 1.09 constant LCU per US$ of GDP in 1977.
What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Grenada?: The lowest recorded value was 0.2951 constant LCU per US$ of GDP in 2013.
How does Grenada rank for taxes less subsidies on products (constant lcu), per unit of gdp?: Grenada ranks 94th out of 189 countries with data for 2025.
Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Grenada?: Over the last ten years it is up 3.8%. The long-run trend across the full record is falling.
Where does this Grenada data come from?: The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.

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Taxes less subsidies on products (constant LCU), per unit of GDP in Grenada. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-constant-lcu-per-unit-of-gdp/grenada/

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How this figure is calculated

Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)

Computed from

Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
GDP 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

Indicator: Taxes less subsidies on products (constant LCU), per unit of GDP
Unit: constant LCU per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 190 places, 7,344 data points, 1960–2025
Last refreshed: 17 September 2026

Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.