Latin America & Caribbean · Upper middle income
Grenada: the economy in numbers
Per person: $12,107, or $21,346 at purchasing power parity. Population: 117,303 (2025).
GDP in 2025, current US dollars: #191 of 204 economies. IMF forecast for 2026: +3.9%.
GDP
Adjusted for US inflation, in 2025 dollars: $380 million in 1977, $1.42 billion in 2025.
GDP per capita
In 2025 dollars: $3,918 per person in 1977, $12,107 in 2025.
Real GDP growth
Average over 2016–2025: 2.1% a year. Years of falling GDP since 1978: 10 of 48.
Source: International Monetary Fund, World Economic Outlook (October 2026)
Inflation
Consumer prices rose by 58.2% from 2000 to 2025. Highest annual inflation: 21.8% in 1980.
Source: International Monetary Fund, World Economic Outlook (October 2026)
Government debt, % of GDP
Highest since 1991: 105.4% of GDP in 2013. IMF forecast for 2031: 64.3%.
Population
1960: 94,058 · 2025: 117,303.
Life expectancy at birth
1960: 63.1 years · 2024: 75.4 years.
Data by year
Show the year-by-year table
| Year | GDP | GDP per capita | Per capita, PPP | Real growth | Inflation | Gov. debt, % GDP | Population | Life expectancy |
|---|---|---|---|---|---|---|---|---|
| 2031 | 2.7%f | 2.0%f | 64.3%f | |||||
| 2030 | 2.7%f | 2.0%f | 67.3%f | |||||
| 2029 | 2.7%f | 2.0%f | 67.6%f | |||||
| 2028 | 2.9%f | 2.0%f | 67.5%f | |||||
| 2027 | 3.0%f | 1.8%f | 67.2%f | |||||
| 2026 | 3.9%f | 1.7%f | 66.8%f | |||||
| 2025 | $1.42B | $12,107 | $21,346 | 4.4% | 0.6% | 69.4% | 117K | |
| 2024 | $1.35B | $11,529 | $19,903 | 2.4% | 1.1% | 72.8% | 117K | 75.4 |
| 2023 | $1.34B | $11,414 | $18,986 | 4.5% | 2.7% | 74.5% | 117K | 75.2 |
| 2022 | $1.22B | $10,469 | $17,541 | 7.3% | 2.6% | 79.3% | 117K | 75.2 |
| 2021 | $1.12B | $9,617 | $15,290 | 4.7% | 1.2% | 86.6% | 117K | 74.5 |
| 2020 | $1.04B | $8,969 | $14,361 | −13.8% | −0.7% | 89.5% | 116K | 75.0 |
| 2019 | $1.21B | $10,463 | $16,446 | 0.7% | 0.6% | 62.7% | 116K | 75.0 |
| 2018 | $1.17B | $10,083 | $15,975 | 4.4% | 0.8% | 68.5% | 116K | 75.0 |
| 2017 | $1.13B | $9,751 | $15,041 | 4.4% | 0.9% | 70.3% | 115K | 75.0 |
| 2016 | $1.06B | $9,221 | $13,978 | 3.7% | 1.7% | 81.6% | 115K | 75.0 |
| 2015 | $997M | $8,694 | $13,214 | 6.4% | −0.5% | 90.1% | 115K | 75.0 |
| 2014 | $911M | $7,986 | $12,229 | 7.3% | −1.0% | 99.3% | 114K | 75.0 |
| 2013 | $843M | $7,425 | $11,199 | 2.4% | −0.0% | 105.4% | 113K | 75.0 |
| 2012 | $800M | $7,093 | $10,575 | −1.2% | 2.4% | 101.5% | 113K | 75.0 |
| 2011 | $779M | $6,947 | $10,592 | 0.8% | 3.0% | 102.8% | 112K | 74.9 |
| 2010 | $771M | $6,910 | $10,344 | −0.5% | 3.4% | 96.2% | 112K | 74.7 |
| 2009 | $771M | $6,933 | $10,303 | −6.6% | −0.3% | 91.1% | 111K | 74.6 |
| 2008 | $826M | $7,448 | $11,001 | 0.9% | 8.0% | 83.9% | 111K | 74.4 |
| 2007 | $759M | $6,865 | $10,728 | 6.1% | 3.9% | 89.1% | 111K | 74.2 |
| 2006 | $699M | $6,344 | $9,877 | −4.0% | 4.3% | 92.9% | 110K | 73.9 |
| 2005 | $696M | $6,339 | $10,016 | 13.3% | 3.5% | 87.3% | 110K | 73.7 |
| 2004 | $599M | $5,480 | $8,606 | −0.6% | 2.3% | 94.7% | 109K | 72.4 |
| 2003 | $591M | $5,428 | $8,469 | 9.5% | 2.2% | 79.6% | 109K | 73.3 |
| 2002 | $540M | $4,984 | $7,621 | 3.4% | 1.1% | 79.1% | 108K | 73.1 |
| 2001 | $520M | $4,820 | $7,283 | −2.0% | 3.1% | 44.6% | 108K | 73.0 |
| 2000 | $520M | $4,840 | $7,306 | 4.9% | 2.2% | 41.6% | 107K | 73.0 |
| 1999 | $482M | $4,516 | $6,857 | 6.9% | 0.6% | 34.5% | 107K | 72.9 |
| 1998 | $446M | $4,206 | $6,368 | 11.8% | 1.4% | 40.3% | 106K | 72.8 |
| 1997 | $392M | $3,725 | $5,673 | 5.0% | 1.2% | 41.4% | 105K | 72.6 |
| 1996 | $367M | $3,508 | $5,347 | 4.4% | 2.0% | 43.9% | 105K | 72.4 |
| 1995 | $342M | $3,294 | $5,062 | 2.1% | 1.9% | 43.1% | 104K | 72.1 |
| 1994 | $325M | $3,152 | $4,889 | 1.7% | 3.8% | 45.7% | 103K | 71.8 |
| 1993 | $310M | $3,026 | $4,742 | −2.0% | 2.8% | 45.3% | 102K | 71.5 |
| 1992 | $310M | $3,053 | $4,761 | −0.9% | 3.8% | 40.1% | 102K | 71.1 |
| 1991 | $301M | $2,984 | $4,733 | 1.4% | 2.6% | 42.0% | 101K | 70.8 |
| 1990 | $278M | $2,782 | $4,553 | 4.0% | 2.7% | 100K | 70.5 | |
| 1989 | $267M | $2,697 | 3.8% | 5.6% | 99.1K | 70.3 | ||
| 1988 | $236M | $2,404 | 3.0% | 4.0% | 98.3K | 70.0 | ||
| 1987 | $215M | $2,205 | 9.1% | −0.9% | 97.5K | 69.8 | ||
| 1986 | $188M | $1,938 | 7.2% | 0.6% | 96.8K | 69.6 | ||
| 1985 | $168M | $1,745 | 6.0% | 2.5% | 96.1K | 69.3 | ||
| 1984 | $146M | $1,524 | 3.6% | 5.7% | 95.5K | 69.1 | ||
| 1983 | $132M | $1,388 | 3.6% | 6.1% | 94.9K | 64.3 | ||
| 1982 | $125M | $1,329 | 4.1% | 7.8% | 94.4K | 68.6 | ||
| 1981 | $116M | $1,230 | 1.5% | 18.8% | 94.1K | 68.3 | ||
| 1980 | $111M | $1,173 | −0.5% | 21.8% | 94.5K | 68.1 | ||
| 1979 | $102M | $1,071 | 5.6% | 20.9% | 95.5K | 67.9 | ||
| 1978 | $88.3M | $917 | 5.3% | 18.1% | 96.3K | 67.9 | ||
| 1977 | $71.5M | $737 | 18.5% | 97K | 67.9 | |||
| 1976 | 97.6K | 67.9 | ||||||
| 1975 | 98.1K | 68.0 | ||||||
| 1974 | 98.5K | 67.9 | ||||||
| 1973 | 98.7K | 67.6 | ||||||
| 1972 | 98.8K | 67.2 | ||||||
| 1971 | 98.6K | 66.9 | ||||||
| 1970 | 98.4K | 66.9 | ||||||
| 1969 | 98.2K | 67.0 | ||||||
| 1968 | 98.1K | 66.9 | ||||||
| 1967 | 98.1K | 66.5 | ||||||
| 1966 | 98.1K | 65.6 | ||||||
| 1965 | 98.1K | 64.8 | ||||||
| 1964 | 97.8K | 64.2 | ||||||
| 1963 | 97.2K | 63.8 | ||||||
| 1962 | 96.4K | 63.8 | ||||||
| 1961 | 95.3K | 63.6 | ||||||
| 1960 | 94.1K | 63.1 |
e: IMF estimate; f: IMF forecast.
Nearby economies in Latin America & Caribbean
Nearest by distance between capitals, with GDP per capita.
Antigua and Barbuda · Argentina · Aruba · Bahamas · Barbados · Belize · Bolivia · Brazil · British Virgin Islands · Cayman Islands · Chile · Colombia · Costa Rica · Cuba · Curaçao · Dominica · Dominican Republic · Ecuador · El Salvador · Grenada · Guatemala · Guyana · Haiti · Honduras · Jamaica · Mexico · Nicaragua · Panama · Paraguay · Peru · Puerto Rico · Saint Kitts and Nevis · Saint Lucia · Saint Martin (French part) · Saint Vincent and the Grenadines · Sint Maarten · Suriname · Trinidad and Tobago · Turks and Caicos Islands · U.S. Virgin Islands · Uruguay · Venezuela
Rankings
GDP by country · GDP per capita · Real GDP growth · Inflation by country · Government debt to GDP · Stock market to GDP · Population by country · Unemployment by country
Data and methods
- GDP: gross domestic product in current US dollars, converted from the local currency at market exchange rates (World Bank); not adjusted for inflation.
- Purchasing power parity (PPP): GDP per person in international dollars, which buy the same basket of goods and services in every country. It compares living standards across countries in the same year; it is not adjusted for inflation over time.
- In 2025 dollars: the charts can remove US inflation (US consumer price index, annual average) so that dollar amounts from different years compare in today's money. Exchange rate swings still show.
- Growth and inflation: World Bank data (calendar years). Years the World Bank does not cover yet, and the estimates and forecasts, come from the IMF World Economic Outlook (October 2026): its forecasts start in 2026, and the years after a country's last actual year are IMF estimates.
- Government debt: gross debt of the general government (central, state and local government and social security funds) as a percentage of GDP, IMF. The World Bank's central government debt is narrower and covers fewer countries.
- Stock market capitalization: the end-of-year value of domestic companies listed on the country's exchanges (World Federation of Exchanges via the World Bank; before 2016, Standard & Poor's), as a percentage of GDP: the “Buffett indicator”. Investment funds are excluded, and so are companies listed only abroad; companies from elsewhere that list on an exchange count for its country (Hong Kong lists many mainland Chinese companies).
- Unemployment: ILO modeled estimates (share of the labor force); comparable across countries, but they may differ from national figures.
Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)