gd Grenada

Comprehensive economic analysis featuring GDP, inflation, unemployment, and other key economic indicators from 2010 to 2025.

16 Years of Data

13 Economic Indicators

Key Economic Indicators

GDP (Current USD)

$1.36 billion

2025
Est. ↑ 2.5%
GDP per Capita

$11,575.01

2025
Est. ↑ 2.5%
GDP Growth (Annual %)

2.46%

2025
↑ 440.63% from previous year
Inflation Rate (CPI %)

2.50%

2025
Estimated
Unemployment Rate
5.00% (2025) Est.
Exports
N/A
Imports
N/A
FDI Inflow
N/A

Historical Economic Trends (2010-2025)

GDP Trend
GDP Growth Rate
Inflation Rate (CPI)
Unemployment Rate

Economic Analysis

GDP Overview

Grenada has faced economic challenges in recent years, with GDP showing a declining trend. As of 2025, the GDP is $1.36 billion. Various factors including global economic conditions and domestic policy changes may have contributed to this pattern.

Inflation Trends

Grenada has maintained low inflation rates, averaging 1.30% over the analyzed period. The current rate of 2.50% supports economic predictability and planning.

Historical Economic Data

Economic indicators for Grenada
Year GDP (USD) GDP per Capita GDP Growth (%) Inflation (CPI %) Unemployment (%)
2025 $1.36 billion $11,575.01 2.46% 2.50% 5.00%
2024 $1.32 billion $11,297.45 0.45% N/A N/A
2023 $1.32 billion $11,246.35 3.57% 2.70% N/A
2022 $1.22 billion $10,474.27 7.32% 2.58% N/A
2021 $1.12 billion $9,622.24 4.69% 1.22% N/A
2020 $1.04 billion $8,968.56 -13.76% -0.74% N/A
2019 $1.21 billion $10,462.79 0.68% 0.60% N/A
2018 $1.17 billion $10,083.02 4.36% 0.80% N/A
2017 $1.13 billion $9,751.43 4.44% 0.91% N/A
2016 $1.06 billion $9,221.23 3.74% 1.65% N/A
2015 $997.01 million $8,694.12 6.45% -0.52% N/A
2014 $911.50 million $7,986.33 7.34% -0.98% N/A
2013 $842.62 million $7,424.80 2.35% -0.04% N/A
2012 $799.88 million $7,092.72 -1.15% 2.41% N/A
2011 $778.66 million $6,947.38 0.76% 3.03% N/A
2010 $771.01 million $6,909.60 -0.51% 3.44% N/A

Detailed Data by Year

Frequently Asked Questions

As of 2025, Grenada's Gross Domestic Product (GDP) is $1.36 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Grenada for 2025 is $11,575.01. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Grenada for 2025 is 2.50%. This measures the annual percentage change in the cost of consumer goods and services.

Grenada's annual GDP growth rate for 2025 is 2.46%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Grenada for 2025 is 5.00%. This represents the percentage of the labor force that is unemployed and actively seeking employment.