Taxes less subsidies on products in Grenada
Grenada: Taxes less subsidies on products was 464.58 million constant LCU in 2025. ▲ Rising
Taxes less subsidies on products in Grenada, 1977–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for taxes less subsidies on products in Grenada is 464.58 million constant LCU, measured in 2025. That is the highest value across all 49 years on record.
That represents a change of up 4.4% on the previous year and up 47.8% over ten years.
Over the whole period, taxes less subsidies on products in Grenada peaked at 464.58 million constant LCU in 2025 and was at its lowest, 77.76 million constant LCU, in 1977.
Grenada ranks 159th of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 49 years of available data.
Taxes less subsidies on products in Grenada, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1977 | 77.76 million constant LCU | — |
| 1978 | 88.89 million constant LCU | +14.3% |
| 1979 | 95.42 million constant LCU | +7.4% |
| 1980 | 82.24 million constant LCU | -13.8% |
| 1981 | 83.57 million constant LCU | +1.6% |
| 1982 | 95.65 million constant LCU | +14.5% |
| 1983 | 106.67 million constant LCU | +11.5% |
| 1984 | 106.47 million constant LCU | -0.2% |
| 1985 | 123.57 million constant LCU | +16.1% |
| 1986 | 124.63 million constant LCU | +0.9% |
| 1987 | 148.46 million constant LCU | +19.1% |
| 1988 | 160.01 million constant LCU | +7.8% |
| 1989 | 171.39 million constant LCU | +7.1% |
| 1990 | 177.47 million constant LCU | +3.5% |
| 1991 | 172.38 million constant LCU | -2.9% |
| 1992 | 161.84 million constant LCU | -6.1% |
| 1993 | 147.64 million constant LCU | -8.8% |
| 1994 | 147.50 million constant LCU | -0.1% |
| 1995 | 147.34 million constant LCU | -0.1% |
| 1996 | 171.13 million constant LCU | +16.1% |
| 1997 | 188.68 million constant LCU | +10.3% |
| 1998 | 205.75 million constant LCU | +9.1% |
| 1999 | 215.63 million constant LCU | +4.8% |
| 2000 | 216.10 million constant LCU | +0.2% |
| 2001 | 199.26 million constant LCU | -7.8% |
| 2002 | 207.66 million constant LCU | +4.2% |
| 2003 | 239.97 million constant LCU | +15.6% |
| 2004 | 226.92 million constant LCU | -5.4% |
| 2005 | 268.89 million constant LCU | +18.5% |
| 2006 | 264.77 million constant LCU | -1.5% |
| 2007 | 278.38 million constant LCU | +5.1% |
| 2008 | 268.28 million constant LCU | -3.6% |
| 2009 | 233.38 million constant LCU | -13.0% |
| 2010 | 256.58 million constant LCU | +9.9% |
| 2011 | 268.61 million constant LCU | +4.7% |
| 2012 | 256.12 million constant LCU | -4.6% |
| 2013 | 248.69 million constant LCU | -2.9% |
| 2014 | 281.24 million constant LCU | +13.1% |
| 2015 | 314.24 million constant LCU | +11.7% |
| 2016 | 355.65 million constant LCU | +13.2% |
| 2017 | 379.64 million constant LCU | +6.7% |
| 2018 | 408.99 million constant LCU | +7.7% |
| 2019 | 400.96 million constant LCU | -2.0% |
| 2020 | 345.27 million constant LCU | -13.9% |
| 2021 | 352.33 million constant LCU | +2.0% |
| 2022 | 398.89 million constant LCU | +13.2% |
| 2023 | 451.64 million constant LCU | +13.2% |
| 2024 | 444.91 million constant LCU | -1.5% |
| 2025 | 464.58 million constant LCU | +4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 87.36 million constant LCU | 77.76 million constant LCU | 95.42 million constant LCU | 3 |
| 1980s | 120.27 million constant LCU | 82.24 million constant LCU | 171.39 million constant LCU | 10 |
| 1990s | 173.54 million constant LCU | 147.34 million constant LCU | 215.63 million constant LCU | 10 |
| 2000s | 240.36 million constant LCU | 199.26 million constant LCU | 278.38 million constant LCU | 10 |
| 2010s | 317.07 million constant LCU | 248.69 million constant LCU | 408.99 million constant LCU | 10 |
| 2020s | 409.60 million constant LCU | 345.27 million constant LCU | 464.58 million constant LCU | 6 |
Countries ranked near Grenada
- 156 Belize 687.40 million constant LCU compare
- 157 Antigua and Barbuda 563.21 million constant LCU compare
- 158 Tajikistan 515.88 million constant LCU compare
- 160 Saint Vincent and the Grenadines 444.25 million constant LCU compare
- 161 Samoa 405.45 million constant LCU compare
- 162 Dominica 381.56 million constant LCU 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)
- GNI, Atlas method (current US$), annual growth rate 8.09 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9627 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 11,655 current US$ per person (2025)
- GNI (current US$), annual growth rate 5.5 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9448 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 11,438 current US$ per person (2025)
- GNI (current LCU), annual growth rate 5.5 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 2.55 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products in Grenada?
- Taxes less subsidies on products in Grenada was 464.58 million constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Grenada?
- The highest recorded value was 464.58 million constant LCU in 2025.
- What is the lowest taxes less subsidies on products recorded in Grenada?
- The lowest recorded value was 77.76 million constant LCU in 1977.
- How does Grenada rank for taxes less subsidies on products?
- Grenada ranks 159th out of 187 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Grenada?
- Over the last ten years it is up 47.8%. The long-run trend across the full record is rising.
- Where does this Grenada data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.