GDP (constant LCU), annual growth rate in Grenada
Grenada: GDP (constant LCU), annual growth rate was 3.69 % change on previous year in 2024. ◆ Volatile
GDP (constant LCU), annual growth rate in Grenada, 1978–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp (constant lcu), annual growth rate in Grenada is 3.69 % change on previous year, measured in 2024.
That represents a change of down 21.1% on the previous year and down 49.7% over ten years.
Over the whole period, gdp (constant lcu), 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 84th of 212 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 (constant LCU), annual growth rate in Grenada, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | 5.34 % change on previous year | — |
| 1979 | 5.6 % change on previous year | +4.9% |
| 1980 | -0.5348 % change on previous year | -109.5% |
| 1981 | 1.53 % change on previous year | -386.9% |
| 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 | -0.8516 % change on previous year | -161.4% |
| 1993 | -1.96 % change on previous year | +130.0% |
| 1994 | 1.69 % change on previous year | -186.4% |
| 1995 | 2.13 % change on previous year | +25.8% |
| 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 | +134.4% |
| 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 | -0.6472 % change on previous year | -106.8% |
| 2005 | 13.28 % change on previous year | -2151.3% |
| 2006 | -4 % change on previous year | -130.1% |
| 2007 | 6.12 % change on previous year | -253.3% |
| 2008 | 0.9475 % change on previous year | -84.5% |
| 2009 | -6.61 % change on previous year | -797.9% |
| 2010 | -0.5113 % 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 | 0.6765 % change on previous year | -84.5% |
| 2020 | -13.76 % change on previous year | -2133.5% |
| 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. (41 countries reporting)
Biggest year-on-year movements
Years where GDP (constant LCU), 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.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +2151.3% | -0.6472 % change on previous year | 13.28 % change on previous year |
| 2020 | -2133.5% | 0.6765 % change on previous year | -13.76 % change on previous year |
| 2009 | -797.9% | 0.9475 % change on previous year | -6.61 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | 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 | -0.5348 % 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
- 81 Barbados 3.8 % change on previous year compare
- 82 United Arab Emirates 3.76 % change on previous year compare
- 83 Namibia 3.71 % change on previous year compare
- 85 Denmark 3.68 % change on previous year compare
- 86 Cameroon 3.67 % change on previous year compare
- 87 Nepal 3.67 % change on previous year compare
More population data for Grenada
- Population regions with projections, annual growth rate -1.04 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -0.7973 % change on previous year (2050)
- Population long run with projections, annual growth rate -1.04 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.5624 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 136.25 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.3827 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.9184 % change on previous year (2100)
- World population growth -1.0% (2100)
- Population density 217.37 people per km² (2100)
- Number of children under 5, by world region 2,697 people (2100)
Frequently asked questions
- What is gdp (constant lcu), annual growth rate in Grenada?
- Gdp (constant lcu), annual growth rate in Grenada was 3.69 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (constant lcu), annual growth rate recorded in Grenada?
- The highest recorded value was 13.28 % change on previous year in 2005.
- What is the lowest gdp (constant lcu), 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 (constant lcu), annual growth rate?
- Grenada ranks 84th out of 212 countries with data for 2024.
- Is gdp (constant lcu), 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 (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
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
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.