Grenada 2021
Detailed economic analysis and indicators for 2021
Key Economic Indicators (2021)
GDP (Current USD)
$1.12 billion
↑ 7.61% vs 2020GDP per Capita
$9,622.24
↑ 7.29% vs 2020GDP Growth (Annual %)
4.69%
↑ 18.44pp vs 2020Inflation Rate (CPI %)
1.22%
↑ 1.96pp vs 2020Year-over-Year Comparison
| Indicator | 2020 | 2021 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.04 billion | $1.12 billion | +7.61% |
| GDP per Capita | $8,968.56 | $9,622.24 | +7.29% |
| GDP Growth (Annual %) | -13.76% | 4.69% | +18.44pp |
| Inflation (CPI %) | -0.74% | 1.22% | +1.96pp |
All Economic Indicators (2021)
National Accounts
- GDP (Current USD)
- $1.12 billion
- GDP per Capita
- $9,622.24
- GDP Growth (Annual %)
- 4.69%
- Gross National Income
- $1.02 billion
Prices & Employment
- Inflation (CPI %)
- 1.22%
- Inflation (GDP Deflator %)
- 2.79%
- Unemployment Rate (%)
- N/A
- Interest Rate (Real %)
- 3.65%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -14.37%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2021, Grenada's Gross Domestic Product (GDP) is $1.12 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Grenada for 2021 is $9,622.24. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Grenada for 2021 is 1.22%. This measures the annual percentage change in the cost of consumer goods and services.
Grenada's annual GDP growth rate for 2021 is 4.69%. This indicates the rate at which the country's economy is expanding or contracting.