GDP at market prices (constant 2010 US$), annual growth rate in Grenada

Grenada: GDP at market prices (constant 2010 US$), annual growth rate was 3.69 % change on previous year in 2024. ◆ Volatile

Latest (2024)
3.69 % change on previous year
Change on year
down 21.1%
World rank
83rd
of 208 countries
All-time high
13.28 % change on previous year
in 2005
All-time low
-13.76 % change on previous year
in 2020
Years of data
47
1978–2024

GDP at market prices (constant 2010 US$), annual growth rate in Grenada, 1978–2024

-10010197820012024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gdp at market prices (constant 2010 us$), annual growth rate in Grenada stood at 3.69 % change on previous year.

Compared with earlier readings it is down 21.1% on the previous year and down 49.7% over ten years.

Over the whole period, gdp at market prices (constant 2010 us$), annual growth rate in Grenada peaked at 13.28 % change on previous year in 2005 and was at its lowest, -13.76 % change on previous year, in 2020.

Grenada ranks 83rd of 208 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP at market prices (constant 2010 US$), annual growth rate in Grenada, year by year

Annual values for GDP at market prices (constant 2010 US$), annual growth rate in Grenada, 1978 to 2024.
Year % change on previous year Change
1978 5.34 % change on previous year
1979 5.6 % change on previous year +4.9%
1980 -0.5346 % change on previous year -109.5%
1981 1.53 % change on previous year -387.0%
1982 4.12 % change on previous year +168.8%
1983 3.63 % change on previous year -11.9%
1984 3.57 % change on previous year -1.8%
1985 5.98 % change on previous year +67.6%
1986 7.19 % change on previous year +20.3%
1987 9.1 % change on previous year +26.5%
1988 2.97 % change on previous year -67.4%
1989 3.77 % change on previous year +27.0%
1990 4.01 % change on previous year +6.5%
1991 1.39 % change on previous year -65.5%
1992 -0.8513 % change on previous year -161.4%
1993 -1.96 % change on previous year +130.1%
1994 1.69 % change on previous year -186.5%
1995 2.13 % change on previous year +25.7%
1996 4.44 % change on previous year +108.4%
1997 5.02 % change on previous year +13.0%
1998 11.75 % change on previous year +134.3%
1999 6.9 % change on previous year -41.3%
2000 4.89 % change on previous year -29.1%
2001 -2.02 % change on previous year -141.4%
2002 3.44 % change on previous year -269.8%
2003 9.46 % change on previous year +175.3%
2004 -0.6474 % change on previous year -106.8%
2005 13.28 % change on previous year -2150.6%
2006 -4 % change on previous year -130.1%
2007 6.12 % change on previous year -253.3%
2008 0.9476 % change on previous year -84.5%
2009 -6.61 % change on previous year -797.9%
2010 -0.5112 % change on previous year -92.3%
2011 0.7648 % change on previous year -249.6%
2012 -1.15 % change on previous year -251.0%
2013 2.35 % change on previous year -303.6%
2014 7.34 % change on previous year +212.3%
2015 6.45 % change on previous year -12.2%
2016 3.74 % change on previous year -42.0%
2017 4.44 % change on previous year +18.7%
2018 4.36 % change on previous year -1.7%
2019 0.6768 % change on previous year -84.5%
2020 -13.76 % change on previous year -2132.5%
2021 4.69 % change on previous year -134.1%
2022 7.32 % change on previous year +56.2%
2023 4.68 % change on previous year -36.1%
2024 3.69 % change on previous year -21.1%

Grenada compared with similar countries

  • Grenada's 3.69 % change on previous year is above the median for upper middle income countries, which is 3.34 % change on previous year, 1.1× the median. (58 countries reporting)
  • Grenada's 3.69 % change on previous year is above the median for Latin America & Caribbean, which is 3.38 % change on previous year, 1.1× the median. (39 countries reporting)

Biggest year-on-year movements

Years where GDP at market prices (constant 2010 US$), annual growth rate 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.

YearChange FromTo
2005 +2150.6% -0.6474 % change on previous year 13.28 % change on previous year
2020 -2132.5% 0.6768 % change on previous year -13.76 % change on previous year
2009 -797.9% 0.9476 % change on previous year -6.61 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 5.47 % change on previous year 5.34 % change on previous year 5.6 % change on previous year 2
1980s 4.13 % change on previous year -0.5346 % change on previous year 9.1 % change on previous year 10
1990s 3.45 % change on previous year -1.96 % change on previous year 11.75 % change on previous year 10
2000s 2.49 % change on previous year -6.61 % change on previous year 13.28 % change on previous year 10
2010s 2.85 % change on previous year -1.15 % change on previous year 7.34 % change on previous year 10
2020s 1.32 % change on previous year -13.76 % change on previous year 7.32 % change on previous year 5

Countries ranked near Grenada

  1. 80 Barbados 3.8 % change on previous year compare
  2. 81 United Arab Emirates 3.76 % change on previous year compare
  3. 82 Namibia 3.71 % change on previous year compare
  4. 84 Denmark 3.68 % change on previous year compare
  5. 85 Cameroon 3.67 % change on previous year compare
  6. 86 Nepal 3.67 % change on previous year compare

See the full ranking of 208 places →

More population data for Grenada

All data for Grenada →

Frequently asked questions

What is gdp at market prices (constant 2010 us$), annual growth rate in Grenada?
Gdp at market prices (constant 2010 us$), annual growth rate in Grenada was 3.69 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp at market prices (constant 2010 us$), annual growth rate recorded in Grenada?
The highest recorded value was 13.28 % change on previous year in 2005.
What is the lowest gdp at market prices (constant 2010 us$), annual growth rate recorded in Grenada?
The lowest recorded value was -13.76 % change on previous year in 2020.
How does Grenada rank for gdp at market prices (constant 2010 us$), annual growth rate?
Grenada ranks 83rd out of 208 countries with data for 2024.
Is gdp at market prices (constant 2010 us$), annual growth rate rising or falling in Grenada?
Over the last ten years it is down 49.7%. The long-run trend across the full record is volatile.
Where does this Grenada data come from?
The figures come from Statizoid (derived), published as part of GDP at market prices (constant 2010 US$), annual growth rate. Statizoid updates them automatically from the source API.

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GDP at market prices (constant 2010 US$), annual growth rate in Grenada. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-at-market-prices-constant-2010-us-annual-growth-rate/grenada/

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How this figure is calculated

The year-on-year percentage change in GDP at market prices (constant 2010 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP at market prices (constant 2010 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 9,896 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP at market prices (constant 2010 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.