gd Grenada 2022

Detailed economic analysis and indicators for 2022

Year 2022

Key Economic Indicators (2022)

GDP (Current USD)

$1.22 billion

↑ 9.06% vs 2021
GDP per Capita

$10,474.27

↑ 8.85% vs 2021
GDP Growth (Annual %)

7.32%

↑ 2.63pp vs 2021
Inflation Rate (CPI %)

2.58%

↑ 1.36pp vs 2021

Year-over-Year Comparison

Indicator 2021 2022 Change
GDP (Current USD) $1.12 billion $1.22 billion +9.06%
GDP per Capita $9,622.24 $10,474.27 +8.85%
GDP Growth (Annual %) 4.69% 7.32% +2.63pp
Inflation (CPI %) 1.22% 2.58% +1.36pp

All Economic Indicators (2022)

National Accounts
GDP (Current USD)
$1.22 billion
GDP per Capita
$10,474.27
GDP Growth (Annual %)
7.32%
Gross National Income
$1.14 billion
Prices & Employment
Inflation (CPI %)
2.58%
Inflation (GDP Deflator %)
1.62%
Unemployment Rate (%)
N/A
Interest Rate (Real %)
4.74%
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)
-12.12%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2022, Grenada's Gross Domestic Product (GDP) is $1.22 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Grenada for 2022 is $10,474.27. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Grenada for 2022 is 2.58%. This measures the annual percentage change in the cost of consumer goods and services.

Grenada's annual GDP growth rate for 2022 is 7.32%. This indicates the rate at which the country's economy is expanding or contracting.