Taxes less subsidies on products (current US$), annual growth rate in Grenada
Grenada: Taxes less subsidies on products (current US$), annual growth rate was 8.83 % change on previous year in 2025. ◆ Volatile
Taxes less subsidies on products (current US$), annual growth rate in Grenada, 1978–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, taxes less subsidies on products (current us$), annual growth rate in Grenada stood at 8.83 % change on previous year.
That represents a change of up 540.5% on the previous year and down 40.4% over ten years.
Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Grenada peaked at 34.05 % change on previous year in 1978 and was at its lowest, -14.15 % change on previous year, in 2020.
That places Grenada 102nd out of 197 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$), annual growth rate in Grenada, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | 34.05 % change on previous year | — |
| 1979 | 17.69 % 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 | 6.41 % 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 | +380.8% |
| 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 | +200.1% |
| 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 | -430.7% |
| 2010 | 10.47 % change on previous year | -180.4% |
| 2011 | 4.92 % change on previous year | -53.0% |
| 2012 | -0.9073 % change on previous year | -118.4% |
| 2013 | -0.0612 % change on previous year | -93.3% |
| 2014 | 13.97 % change on previous year | -22933.4% |
| 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 | -540.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.87 % change on previous year | 17.69 % 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 | -0.9073 % 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
- 99 Andorra 8.96 % change on previous year compare
- 100 Italy 8.93 % change on previous year compare
- 101 Germany 8.86 % change on previous year compare
- 103 Serbia 8.7 % change on previous year compare
- 104 Turkmenistan 8.62 % change on previous year compare
- 105 Slovenia 8.53 % 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)
- Manufacturing, value added (current US$), per unit of GDP 0.033 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 399.02 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.089 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 1,077 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0363 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 439.32 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 803.02 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 8.87 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current us$), annual growth rate in Grenada?
- Taxes less subsidies on products (current us$), annual growth rate in Grenada was 8.83 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), 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 us$), annual growth rate recorded in Grenada?
- The lowest recorded value was -14.15 % change on previous year in 2020.
- How does Grenada rank for taxes less subsidies on products (current us$), annual growth rate?
- Grenada ranks 102nd out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Grenada?
- Over the last ten years it is down 40.4%. The long-run trend across the full record is volatile.
- Where does this Grenada data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), 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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.