Taxes less subsidies on products (current LCU) in Grenada
Grenada: Taxes less subsidies on products (current LCU) was 684.13 million current LCU in 2025. ◆ Volatile
Taxes less subsidies on products in Grenada, 1977–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, taxes less subsidies on products in Grenada stood at 684.13 million current LCU. That is the highest value across all 49 years on record.
The figure is up 8.8% on the previous year and up 76.9% over ten years.
Over the whole period, taxes less subsidies on products in Grenada peaked at 684.13 million current LCU in 2025 and was at its lowest, 23.20 million current LCU, in 1977.
That places Grenada 172nd out of 199 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current LCU) in Grenada, year by year
| Year | current LCU | Change |
|---|---|---|
| 1977 | 23.20 million current LCU | — |
| 1978 | 31.10 million current LCU | +34.1% |
| 1979 | 36.60 million current LCU | +17.7% |
| 1980 | 34.40 million current LCU | -6.0% |
| 1981 | 35.90 million current LCU | +4.4% |
| 1982 | 42.80 million current LCU | +19.2% |
| 1983 | 48.40 million current LCU | +13.1% |
| 1984 | 51.50 million current LCU | +6.4% |
| 1985 | 65.00 million current LCU | +26.2% |
| 1986 | 68.40 million current LCU | +5.2% |
| 1987 | 85.60 million current LCU | +25.1% |
| 1988 | 98.50 million current LCU | +15.1% |
| 1989 | 115.00 million current LCU | +16.8% |
| 1990 | 119.10 million current LCU | +3.6% |
| 1991 | 123.40 million current LCU | +3.6% |
| 1992 | 120.50 million current LCU | -2.4% |
| 1993 | 112.00 million current LCU | -7.1% |
| 1994 | 115.46 million current LCU | +3.1% |
| 1995 | 118.86 million current LCU | +2.9% |
| 1996 | 141.74 million current LCU | +19.2% |
| 1997 | 159.06 million current LCU | +12.2% |
| 1998 | 176.47 million current LCU | +10.9% |
| 1999 | 187.02 million current LCU | +6.0% |
| 2000 | 192.79 million current LCU | +3.1% |
| 2001 | 181.58 million current LCU | -5.8% |
| 2002 | 189.94 million current LCU | +4.6% |
| 2003 | 219.32 million current LCU | +15.5% |
| 2004 | 211.60 million current LCU | -3.5% |
| 2005 | 256.93 million current LCU | +21.4% |
| 2006 | 264.77 million current LCU | +3.1% |
| 2007 | 284.83 million current LCU | +7.6% |
| 2008 | 296.05 million current LCU | +3.9% |
| 2009 | 257.50 million current LCU | -13.0% |
| 2010 | 284.47 million current LCU | +10.5% |
| 2011 | 298.47 million current LCU | +4.9% |
| 2012 | 295.76 million current LCU | -0.9% |
| 2013 | 295.58 million current LCU | -0.1% |
| 2014 | 336.86 million current LCU | +14.0% |
| 2015 | 386.77 million current LCU | +14.8% |
| 2016 | 449.31 million current LCU | +16.2% |
| 2017 | 486.94 million current LCU | +8.4% |
| 2018 | 520.89 million current LCU | +7.0% |
| 2019 | 527.67 million current LCU | +1.3% |
| 2020 | 453.00 million current LCU | -14.2% |
| 2021 | 474.88 million current LCU | +4.8% |
| 2022 | 531.21 million current LCU | +11.9% |
| 2023 | 641.50 million current LCU | +20.8% |
| 2024 | 628.65 million current LCU | -2.0% |
| 2025 | 684.13 million current LCU | +8.8% |
Grenada compared with similar countries
- Grenada's 684.13 million current LCU is below the median for upper middle income countries, which is 48.82 billion current LCU, 1% of the median. (55 countries reporting)
- Grenada's 684.13 million current LCU is below the median for Latin America & Caribbean, which is 10.36 billion current LCU, 7% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.30 million current LCU | 23.20 million current LCU | 36.60 million current LCU | 3 |
| 1980s | 64.55 million current LCU | 34.40 million current LCU | 115.00 million current LCU | 10 |
| 1990s | 137.36 million current LCU | 112.00 million current LCU | 187.02 million current LCU | 10 |
| 2000s | 235.53 million current LCU | 181.58 million current LCU | 296.05 million current LCU | 10 |
| 2010s | 388.27 million current LCU | 284.47 million current LCU | 527.67 million current LCU | 10 |
| 2020s | 568.89 million current LCU | 453.00 million current LCU | 684.13 million current LCU | 6 |
Countries ranked near Grenada
- 169 Eritrea 795.00 million current LCU compare
- 170 Bahrain 778.25 million current LCU compare
- 171 Antigua and Barbuda 737.40 million current LCU compare
- 173 Samoa 533.78 million current LCU compare
- 174 Saint Vincent and the Grenadines 511.70 million current LCU compare
- 175 Saint Kitts and Nevis 406.86 million current 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0147 units 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 684.13 million current 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 684.13 million current LCU in 2025.
- What is the lowest taxes less subsidies on products recorded in Grenada?
- The lowest recorded value was 23.20 million current LCU in 1977.
- How does Grenada rank for taxes less subsidies on products?
- Grenada ranks 172nd out of 199 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Grenada?
- Over the last ten years it is up 76.9%. The long-run trend across the full record is volatile.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.