Taxes less subsidies on products (current US$), per unit of GDP in Grenada
Grenada: Taxes less subsidies on products (current US$), per unit of GDP was 0.1784 current US$ per US$ of GDP in 2025. ▲ Rising
Taxes less subsidies on products (current US$), per unit of GDP in Grenada, 1977–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Grenada recorded 0.1784 current US$ per US$ of GDP for taxes less subsidies on products (current us$), per unit of gdp in 2025. That is the highest value across all 49 years on record.
The figure is up 3.5% on the previous year and up 24.2% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Grenada peaked at 0.1784 current US$ per US$ of GDP in 2025 and was at its lowest, 0.1149 current US$ per US$ of GDP, in 1980.
Grenada ranks 6th of 197 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 49 years of available data.
Taxes less subsidies on products (current US$), per unit of GDP in Grenada, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1977 | 0.1202 current US$ per US$ of GDP | — |
| 1978 | 0.1304 current US$ per US$ of GDP | +8.5% |
| 1979 | 0.1326 current US$ per US$ of GDP | +1.7% |
| 1980 | 0.1149 current US$ per US$ of GDP | -13.3% |
| 1981 | 0.115 current US$ per US$ of GDP | +0.1% |
| 1982 | 0.1264 current US$ per US$ of GDP | +9.9% |
| 1983 | 0.136 current US$ per US$ of GDP | +7.6% |
| 1984 | 0.1311 current US$ per US$ of GDP | -3.6% |
| 1985 | 0.1435 current US$ per US$ of GDP | +9.5% |
| 1986 | 0.135 current US$ per US$ of GDP | -5.9% |
| 1987 | 0.1475 current US$ per US$ of GDP | +9.2% |
| 1988 | 0.1543 current US$ per US$ of GDP | +4.7% |
| 1989 | 0.1593 current US$ per US$ of GDP | +3.2% |
| 1990 | 0.1586 current US$ per US$ of GDP | -0.4% |
| 1991 | 0.152 current US$ per US$ of GDP | -4.2% |
| 1992 | 0.1439 current US$ per US$ of GDP | -5.3% |
| 1993 | 0.1339 current US$ per US$ of GDP | -6.9% |
| 1994 | 0.1315 current US$ per US$ of GDP | -1.8% |
| 1995 | 0.1287 current US$ per US$ of GDP | -2.2% |
| 1996 | 0.1431 current US$ per US$ of GDP | +11.2% |
| 1997 | 0.1502 current US$ per US$ of GDP | +5.0% |
| 1998 | 0.1466 current US$ per US$ of GDP | -2.4% |
| 1999 | 0.1437 current US$ per US$ of GDP | -2.0% |
| 2000 | 0.1373 current US$ per US$ of GDP | -4.5% |
| 2001 | 0.1292 current US$ per US$ of GDP | -5.9% |
| 2002 | 0.1302 current US$ per US$ of GDP | +0.8% |
| 2003 | 0.1374 current US$ per US$ of GDP | +5.6% |
| 2004 | 0.1308 current US$ per US$ of GDP | -4.8% |
| 2005 | 0.1368 current US$ per US$ of GDP | +4.6% |
| 2006 | 0.1404 current US$ per US$ of GDP | +2.6% |
| 2007 | 0.139 current US$ per US$ of GDP | -0.9% |
| 2008 | 0.1328 current US$ per US$ of GDP | -4.5% |
| 2009 | 0.1237 current US$ per US$ of GDP | -6.9% |
| 2010 | 0.1366 current US$ per US$ of GDP | +10.5% |
| 2011 | 0.142 current US$ per US$ of GDP | +3.9% |
| 2012 | 0.1369 current US$ per US$ of GDP | -3.5% |
| 2013 | 0.1299 current US$ per US$ of GDP | -5.1% |
| 2014 | 0.1369 current US$ per US$ of GDP | +5.4% |
| 2015 | 0.1437 current US$ per US$ of GDP | +5.0% |
| 2016 | 0.1567 current US$ per US$ of GDP | +9.1% |
| 2017 | 0.1602 current US$ per US$ of GDP | +2.2% |
| 2018 | 0.1654 current US$ per US$ of GDP | +3.2% |
| 2019 | 0.161 current US$ per US$ of GDP | -2.6% |
| 2020 | 0.1608 current US$ per US$ of GDP | -0.2% |
| 2021 | 0.1567 current US$ per US$ of GDP | -2.5% |
| 2022 | 0.1607 current US$ per US$ of GDP | +2.6% |
| 2023 | 0.1778 current US$ per US$ of GDP | +10.6% |
| 2024 | 0.1723 current US$ per US$ of GDP | -3.1% |
| 2025 | 0.1784 current US$ per US$ of GDP | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1277 current US$ per US$ of GDP | 0.1202 current US$ per US$ of GDP | 0.1326 current US$ per US$ of GDP | 3 |
| 1980s | 0.1363 current US$ per US$ of GDP | 0.1149 current US$ per US$ of GDP | 0.1593 current US$ per US$ of GDP | 10 |
| 1990s | 0.1432 current US$ per US$ of GDP | 0.1287 current US$ per US$ of GDP | 0.1586 current US$ per US$ of GDP | 10 |
| 2000s | 0.1338 current US$ per US$ of GDP | 0.1237 current US$ per US$ of GDP | 0.1404 current US$ per US$ of GDP | 10 |
| 2010s | 0.1469 current US$ per US$ of GDP | 0.1299 current US$ per US$ of GDP | 0.1654 current US$ per US$ of GDP | 10 |
| 2020s | 0.1678 current US$ per US$ of GDP | 0.1567 current US$ per US$ of GDP | 0.1784 current US$ per US$ of GDP | 6 |
Countries ranked near Grenada
- 3 Kosovo 0.2148 current US$ per US$ of GDP compare
- 4 Tanzania, United Republic of 0.1855 current US$ per US$ of GDP compare
- 5 Palestine, State of 0.1802 current US$ per US$ of GDP compare
- 7 Turks and Caicos Islands 0.1768 current US$ per US$ of GDP compare
- 8 Croatia 0.1729 current US$ per US$ of GDP compare
- 9 Dominica 0.1656 current US$ per US$ of GDP 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 us$), per unit of gdp in Grenada?
- Taxes less subsidies on products (current us$), per unit of gdp in Grenada was 0.1784 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Grenada?
- The highest recorded value was 0.1784 current US$ per US$ of GDP in 2025.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Grenada?
- The lowest recorded value was 0.1149 current US$ per US$ of GDP in 1980.
- How does Grenada rank for taxes less subsidies on products (current us$), per unit of gdp?
- Grenada ranks 6th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current us$), 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.