Volume of remittances (in United States dollars) … total in Grenada
Grenada: Volume of remittances (in United States dollars) … total was 3.5% in 2024. ▼ Falling
Volume of remittances (in United States dollars) as a proportion of in Grenada, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, volume of remittances (in united states dollars) as a proportion of in Grenada stood at 3.5%.
Compared with earlier readings it is up 15.0% on the previous year and down 22.0% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Grenada peaked at 8.0% in 2004 and was at its lowest, 3.0%, in 2023.
That places Grenada 83rd out of 205 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Volume of remittances (in United States dollars) … total in Grenada, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 4.7% | — |
| 2001 | 4.7% | +0.2% |
| 2002 | 4.6% | -1.9% |
| 2003 | 4.3% | -6.6% |
| 2004 | 8.0% | +87.8% |
| 2005 | 4.9% | -38.9% |
| 2006 | 5.0% | +2.8% |
| 2007 | 4.8% | -5.1% |
| 2008 | 4.4% | -7.0% |
| 2009 | 4.6% | +3.0% |
| 2010 | 4.7% | +3.0% |
| 2011 | 4.8% | +0.8% |
| 2012 | 4.8% | -0.2% |
| 2013 | 4.6% | -3.8% |
| 2014 | 4.5% | -1.8% |
| 2015 | 4.3% | -3.1% |
| 2016 | 4.2% | -2.4% |
| 2017 | 4.2% | -1.1% |
| 2018 | 4.1% | -2.0% |
| 2019 | 5.2% | +26.9% |
| 2020 | 6.8% | +29.3% |
| 2021 | 5.5% | -18.0% |
| 2022 | 5.2% | -6.9% |
| 2023 | 3.0% | -40.9% |
| 2024 | 3.5% | +15.0% |
Grenada compared with similar countries
- Grenada's 3.5% is below the median for upper middle income countries, which is 3.6%, 96% of the median. (53 countries reporting)
- Grenada's 3.5% is above the median for Latin America & Caribbean, which is 2.8%, 1.2× the median. (35 countries reporting)
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) … total in Grenada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +87.8% | 4.3% | 8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.0% | 4.3% | 8.0% | 10 |
| 2010s | 4.5% | 4.1% | 5.2% | 10 |
| 2020s | 4.8% | 3.0% | 6.8% | 5 |
Countries ranked near Grenada
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 volume of remittances (in united states dollars) as a proportion of in Grenada?
- Volume of remittances (in united states dollars) as a proportion of in Grenada was 3.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Grenada?
- The highest recorded value was 8.0% in 2004.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Grenada?
- The lowest recorded value was 3.0% in 2023.
- How does Grenada rank for volume of remittances (in united states dollars) as a proportion of?
- Grenada ranks 83rd out of 205 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Grenada?
- Over the last ten years it is down 22.0%. The long-run trend across the full record is falling.
- Where does this Grenada data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
Download this data
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