Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Grenada
Grenada: Taxes less subsidies on products (current LCU), per unit of GDP (unit) was 0.4817 current LCU per US$ of GDP in 2025. ▲ Rising
Taxes less subsidies on products (current LCU), per unit of GDP in Grenada, 1977–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for taxes less subsidies on products (current lcu), per unit of gdp in Grenada is 0.4817 current LCU per US$ of GDP, measured in 2025. That is the highest value across all 49 years on record.
The figure is up 3.5% on the previous year and up 24.2% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Grenada peaked at 0.4817 current LCU per US$ of GDP in 2025 and was at its lowest, 0.3102 current LCU per US$ of GDP, in 1980.
That places Grenada 105th out of 197 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 49 years of available data.
Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Grenada, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1977 | 0.3245 current LCU per US$ of GDP | — |
| 1978 | 0.3521 current LCU per US$ of GDP | +8.5% |
| 1979 | 0.358 current LCU per US$ of GDP | +1.7% |
| 1980 | 0.3102 current LCU per US$ of GDP | -13.3% |
| 1981 | 0.3104 current LCU per US$ of GDP | +0.1% |
| 1982 | 0.3412 current LCU per US$ of GDP | +9.9% |
| 1983 | 0.3672 current LCU per US$ of GDP | +7.6% |
| 1984 | 0.3539 current LCU per US$ of GDP | -3.6% |
| 1985 | 0.3875 current LCU per US$ of GDP | +9.5% |
| 1986 | 0.3646 current LCU per US$ of GDP | -5.9% |
| 1987 | 0.3981 current LCU per US$ of GDP | +9.2% |
| 1988 | 0.4167 current LCU per US$ of GDP | +4.7% |
| 1989 | 0.4302 current LCU per US$ of GDP | +3.2% |
| 1990 | 0.4283 current LCU per US$ of GDP | -0.4% |
| 1991 | 0.4103 current LCU per US$ of GDP | -4.2% |
| 1992 | 0.3885 current LCU per US$ of GDP | -5.3% |
| 1993 | 0.3615 current LCU per US$ of GDP | -6.9% |
| 1994 | 0.3551 current LCU per US$ of GDP | -1.8% |
| 1995 | 0.3474 current LCU per US$ of GDP | -2.2% |
| 1996 | 0.3863 current LCU per US$ of GDP | +11.2% |
| 1997 | 0.4056 current LCU per US$ of GDP | +5.0% |
| 1998 | 0.3958 current LCU per US$ of GDP | -2.4% |
| 1999 | 0.388 current LCU per US$ of GDP | -2.0% |
| 2000 | 0.3707 current LCU per US$ of GDP | -4.5% |
| 2001 | 0.3489 current LCU per US$ of GDP | -5.9% |
| 2002 | 0.3515 current LCU per US$ of GDP | +0.8% |
| 2003 | 0.3711 current LCU per US$ of GDP | +5.6% |
| 2004 | 0.3532 current LCU per US$ of GDP | -4.8% |
| 2005 | 0.3694 current LCU per US$ of GDP | +4.6% |
| 2006 | 0.3789 current LCU per US$ of GDP | +2.6% |
| 2007 | 0.3754 current LCU per US$ of GDP | -0.9% |
| 2008 | 0.3584 current LCU per US$ of GDP | -4.5% |
| 2009 | 0.3339 current LCU per US$ of GDP | -6.9% |
| 2010 | 0.369 current LCU per US$ of GDP | +10.5% |
| 2011 | 0.3833 current LCU per US$ of GDP | +3.9% |
| 2012 | 0.3698 current LCU per US$ of GDP | -3.5% |
| 2013 | 0.3508 current LCU per US$ of GDP | -5.1% |
| 2014 | 0.3696 current LCU per US$ of GDP | +5.4% |
| 2015 | 0.3879 current LCU per US$ of GDP | +5.0% |
| 2016 | 0.4232 current LCU per US$ of GDP | +9.1% |
| 2017 | 0.4326 current LCU per US$ of GDP | +2.2% |
| 2018 | 0.4465 current LCU per US$ of GDP | +3.2% |
| 2019 | 0.4348 current LCU per US$ of GDP | -2.6% |
| 2020 | 0.4342 current LCU per US$ of GDP | -0.2% |
| 2021 | 0.4232 current LCU per US$ of GDP | -2.5% |
| 2022 | 0.434 current LCU per US$ of GDP | +2.6% |
| 2023 | 0.48 current LCU per US$ of GDP | +10.6% |
| 2024 | 0.4652 current LCU per US$ of GDP | -3.1% |
| 2025 | 0.4817 current LCU per US$ of GDP | +3.5% |
Grenada compared with similar countries
- Grenada's 0.4817 current LCU per US$ of GDP is below the median for upper middle income countries, which is 0.7836 current LCU per US$ of GDP, 61% of the median. (55 countries reporting)
- Grenada's 0.4817 current LCU per US$ of GDP is above the median for Latin America & Caribbean, which is 0.4274 current LCU per US$ of GDP, 1.1× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3449 current LCU per US$ of GDP | 0.3245 current LCU per US$ of GDP | 0.358 current LCU per US$ of GDP | 3 |
| 1980s | 0.368 current LCU per US$ of GDP | 0.3102 current LCU per US$ of GDP | 0.4302 current LCU per US$ of GDP | 10 |
| 1990s | 0.3867 current LCU per US$ of GDP | 0.3474 current LCU per US$ of GDP | 0.4283 current LCU per US$ of GDP | 10 |
| 2000s | 0.3611 current LCU per US$ of GDP | 0.3339 current LCU per US$ of GDP | 0.3789 current LCU per US$ of GDP | 10 |
| 2010s | 0.3967 current LCU per US$ of GDP | 0.3508 current LCU per US$ of GDP | 0.4465 current LCU per US$ of GDP | 10 |
| 2020s | 0.453 current LCU per US$ of GDP | 0.4232 current LCU per US$ of GDP | 0.4817 current LCU per US$ of GDP | 6 |
Countries ranked near Grenada
- 102 Denmark 0.7502 current LCU per US$ of GDP compare
- 103 Sierra Leone 0.7164 current LCU per US$ of GDP compare
- 104 Guatemala 0.5021 current LCU per US$ of GDP compare
- 106 Bolivia 0.4528 current LCU per US$ of GDP compare
- 107 Poland 0.4501 current LCU per US$ of GDP compare
- 108 Dominica 0.4472 current LCU per US$ of GDP compare
More economy & growth data for Grenada
- Real gdp growth, annual growth rate 83.75 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate -63.96 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 26.01 units per person (2025)
- SDRs holdings, SDR, annual growth rate -65.68 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0016 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 18.99 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Grenada?
- Taxes less subsidies on products (current lcu), per unit of gdp in Grenada was 0.4817 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Grenada?
- The highest recorded value was 0.4817 current LCU per US$ of GDP in 2025.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Grenada?
- The lowest recorded value was 0.3102 current LCU per US$ of GDP in 1980.
- How does Grenada rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Grenada ranks 105th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Grenada?
- Over the last ten years it is up 24.2%. The long-run trend across the full record is rising.
- Where does this Grenada data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
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
Taxes less subsidies on products (current 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.