Value Added (Total Manufacturing) — Value Standard Local Currency in Grenada

Grenada: Value Added (Total Manufacturing) — Value Standard Local Currency was 127.06 million SLC in 2023. ◆ Volatile

Latest (2023)
127.06 million SLC
Change on year
up 13.9%
World rank
208th
of 231 countries
All-time high
127.06 million SLC
in 2023
All-time low
1.43 million SLC
in 1970
Years of data
54
1970–2023

Value Added (Total Manufacturing) — Value Standard Local Currency in Grenada, 1970–2023

050100150197019962023

Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.

Analysis

Grenada recorded 127.06 million SLC for value added (total manufacturing) — value standard local currency in 2023. That is the highest value across all 54 years on record.

The figure is up 13.9% on the previous year and up 65.2% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in Grenada peaked at 127.06 million SLC in 2023 and was at its lowest, 1.43 million SLC, in 1970.

Grenada ranks 208th of 231 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Total Manufacturing) — Value Standard Local Currency in Grenada, year by year

Annual values for Value Added (Total Manufacturing) — Value Standard Local Currency in Grenada, 1970 to 2023.
Year million SLC Change
1970 1.43 million SLC —
1971 1.66 million SLC +16.1%
1972 2.13 million SLC +28.1%
1973 3.15 million SLC +48.0%
1974 3.25 million SLC +3.0%
1975 4.16 million SLC +28.1%
1976 5.74 million SLC +37.9%
1977 3.8 million SLC -33.7%
1978 4.53 million SLC +19.2%
1979 5.01 million SLC +10.6%
1980 7.19 million SLC +43.5%
1981 7.05 million SLC -1.9%
1982 11.75 million SLC +66.7%
1983 10.48 million SLC -10.8%
1984 13.39 million SLC +27.8%
1985 17.07 million SLC +27.5%
1986 17.95 million SLC +5.2%
1987 21.65 million SLC +20.6%
1988 25.5 million SLC +17.8%
1989 28.83 million SLC +13.1%
1990 31.33 million SLC +8.7%
1991 34.13 million SLC +8.9%
1992 38.97 million SLC +14.2%
1993 34.12 million SLC -12.4%
1994 37.66 million SLC +10.4%
1995 41.49 million SLC +10.2%
1996 44.76 million SLC +7.9%
1997 47.16 million SLC +5.4%
1998 54.03 million SLC +14.6%
1999 60.54 million SLC +12.0%
2000 63.67 million SLC +5.2%
2001 63.34 million SLC -0.5%
2002 63.7 million SLC +0.6%
2003 62.05 million SLC -2.6%
2004 54.37 million SLC -12.4%
2005 54.38 million SLC +0.0%
2006 63.83 million SLC +17.4%
2007 73.63 million SLC +15.4%
2008 73.9 million SLC +0.4%
2009 69.04 million SLC -6.6%
2010 71.88 million SLC +4.1%
2011 71.01 million SLC -1.2%
2012 70.12 million SLC -1.2%
2013 76.91 million SLC +9.7%
2014 84.19 million SLC +9.5%
2015 92.04 million SLC +9.3%
2016 96.12 million SLC +4.4%
2017 93.63 million SLC -2.6%
2018 98.16 million SLC +4.8%
2019 110.48 million SLC +12.6%
2020 88.15 million SLC -20.2%
2021 100.46 million SLC +14.0%
2022 111.53 million SLC +11.0%
2023 127.06 million SLC +13.9%

Grenada compared with similar countries

  • Grenada's 127.06 million SLC is below the median for upper middle income countries, which is 109,280 million SLC, 0% of the median. (54 countries reporting)
  • Grenada's 127.06 million SLC is below the median for Latin America & Caribbean, which is 23,287 million SLC, 1% of the median. (38 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.49 million SLC 1.43 million SLC 5.74 million SLC 10
1980s 16.09 million SLC 7.05 million SLC 28.83 million SLC 10
1990s 42.42 million SLC 31.33 million SLC 60.54 million SLC 10
2000s 64.19 million SLC 54.37 million SLC 73.9 million SLC 10
2010s 86.45 million SLC 70.12 million SLC 110.48 million SLC 10
2020s 106.8 million SLC 88.15 million SLC 127.06 million SLC 4

Countries ranked near Grenada

  1. 205 Bahamas 144.5 million SLC compare
  2. 206 Antigua and Barbuda 137.25 million SLC compare
  3. 207 Samoa 128.84 million SLC compare
  4. 209 Andorra 118.93 million SLC compare
  5. 210 Saint Kitts and Nevis 108.04 million SLC compare
  6. 211 Saint Vincent and the Grenadines 105.2 million SLC compare

See the full ranking of 232 places →

More economy & growth data for Grenada

All data for Grenada →

Frequently asked questions

What is value added (total manufacturing) — value standard local currency in Grenada?
Value added (total manufacturing) — value standard local currency in Grenada was 127.06 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (total manufacturing) — value standard local currency recorded in Grenada?
The highest recorded value was 127.06 million SLC in 2023.
What is the lowest value added (total manufacturing) — value standard local currency recorded in Grenada?
The lowest recorded value was 1.43 million SLC in 1970.
How does Grenada rank for value added (total manufacturing) — value standard local currency?
Grenada ranks 208th out of 231 countries with data for 2023.
Is value added (total manufacturing) — value standard local currency rising or falling in Grenada?
Over the last ten years it is up 65.2%. The long-run trend across the full record is volatile.
Where does this Grenada data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value Standard Local Currency. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value Standard Local Currency in Grenada. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 28 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency/grenada/

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About this data

Indicator
Value Added (Total Manufacturing) — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
232 places, 11,456 data points, 1970–2023
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).