Taxes less subsidies on products (current LCU), annual growth rate in Grenada
Grenada: Taxes less subsidies on products (current LCU), annual growth rate was 8.83 % change on previous year in 2025. ◆ Volatile
Taxes less subsidies on products (current 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 (current lcu), annual growth rate in Grenada stood at 8.83 % change on previous year.
The figure is up 540.6% on the previous year and down 40.4% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), annual growth rate in Grenada peaked at 34.05 % change on previous year in 1978 and was at its lowest, -14.15 % change on previous year, in 2020.
That places Grenada 87th out of 197 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 (current LCU), annual growth rate in Grenada, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | 34.05 % change on previous year | — |
| 1979 | 17.68 % change on previous year | -48.1% |
| 1980 | -6.01 % change on previous year | -134.0% |
| 1981 | 4.36 % change on previous year | -172.5% |
| 1982 | 19.22 % change on previous year | +340.8% |
| 1983 | 13.08 % change on previous year | -31.9% |
| 1984 | 6.4 % change on previous year | -51.0% |
| 1985 | 26.21 % change on previous year | +309.3% |
| 1986 | 5.23 % change on previous year | -80.0% |
| 1987 | 25.15 % change on previous year | +380.7% |
| 1988 | 15.07 % change on previous year | -40.1% |
| 1989 | 16.75 % change on previous year | +11.2% |
| 1990 | 3.57 % change on previous year | -78.7% |
| 1991 | 3.61 % change on previous year | +1.3% |
| 1992 | -2.35 % change on previous year | -165.1% |
| 1993 | -7.05 % change on previous year | +200.2% |
| 1994 | 3.09 % change on previous year | -143.8% |
| 1995 | 2.94 % change on previous year | -4.7% |
| 1996 | 19.25 % change on previous year | +553.7% |
| 1997 | 12.22 % change on previous year | -36.5% |
| 1998 | 10.95 % change on previous year | -10.4% |
| 1999 | 5.98 % change on previous year | -45.4% |
| 2000 | 3.09 % change on previous year | -48.4% |
| 2001 | -5.81 % change on previous year | -288.5% |
| 2002 | 4.6 % change on previous year | -179.2% |
| 2003 | 15.47 % change on previous year | +236.0% |
| 2004 | -3.52 % change on previous year | -122.8% |
| 2005 | 21.42 % change on previous year | -708.6% |
| 2006 | 3.05 % change on previous year | -85.8% |
| 2007 | 7.58 % change on previous year | +148.3% |
| 2008 | 3.94 % change on previous year | -48.0% |
| 2009 | -13.02 % change on previous year | -430.6% |
| 2010 | 10.47 % change on previous year | -180.4% |
| 2011 | 4.92 % change on previous year | -53.0% |
| 2012 | -0.908 % change on previous year | -118.4% |
| 2013 | -0.0609 % change on previous year | -93.3% |
| 2014 | 13.97 % change on previous year | -23047.3% |
| 2015 | 14.82 % change on previous year | +6.1% |
| 2016 | 16.17 % change on previous year | +9.1% |
| 2017 | 8.38 % change on previous year | -48.2% |
| 2018 | 6.97 % change on previous year | -16.8% |
| 2019 | 1.3 % change on previous year | -81.3% |
| 2020 | -14.15 % change on previous year | -1187.2% |
| 2021 | 4.83 % change on previous year | -134.1% |
| 2022 | 11.86 % change on previous year | +145.6% |
| 2023 | 20.76 % change on previous year | +75.0% |
| 2024 | -2 % change on previous year | -109.6% |
| 2025 | 8.83 % change on previous year | -540.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.87 % change on previous year | 17.68 % change on previous year | 34.05 % change on previous year | 2 |
| 1980s | 12.55 % change on previous year | -6.01 % change on previous year | 26.21 % change on previous year | 10 |
| 1990s | 5.22 % change on previous year | -7.05 % change on previous year | 19.25 % change on previous year | 10 |
| 2000s | 3.68 % change on previous year | -13.02 % change on previous year | 21.42 % change on previous year | 10 |
| 2010s | 7.6 % change on previous year | -0.908 % change on previous year | 16.17 % change on previous year | 10 |
| 2020s | 5.02 % change on previous year | -14.15 % change on previous year | 20.76 % change on previous year | 6 |
Countries ranked near Grenada
- 84 Seychelles 9.17 % change on previous year compare
- 85 Greece 9.15 % change on previous year compare
- 86 Mauritius 8.95 % change on previous year compare
- 88 Turkmenistan 8.71 % change on previous year compare
- 89 Hungary 8.7 % change on previous year compare
- 90 Austria 8.67 % 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)
- 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 taxes less subsidies on products (current lcu), annual growth rate in Grenada?
- Taxes less subsidies on products (current lcu), annual growth rate in Grenada was 8.83 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), annual growth rate recorded in Grenada?
- The highest recorded value was 34.05 % change on previous year in 1978.
- What is the lowest taxes less subsidies on products (current lcu), annual growth rate recorded in Grenada?
- The lowest recorded value was -14.15 % change on previous year in 2020.
- How does Grenada rank for taxes less subsidies on products (current lcu), annual growth rate?
- Grenada ranks 87th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current lcu), annual growth rate rising or falling in Grenada?
- Over the last ten years it is down 40.4%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.