Grenada GDP (2026)
LiveGrenadaโs economy blends tourism with agriculture, construction, education, and service industries. Known internationally for nutmeg and other spices, the country also benefits from beach tourism, cruise arrivals, and growing hospitality investment. This page presents Grenada GDP figures, historical trends, and the state of the economy in 2026.
Grenada GDP Growth (1980โ2026)
Annual real GDP growth rate (%)
Historical Highlights
1980โ2026 GDP performance summary
Share of World GDP (2026)
Key Findings
Grenada's GDP in 2026 is $1.48B.
It ranks #199 among 218 countries.
Grenada contributes 0.00% to the world economy.
GDP per capita is $12,689 in 2026.
The economy recorded GDP growth of 3.10% in 2026.
Grenada GDP Historical Data (1980โ2026)
| 2026 | $1,483,000,000 | 3.10% | $12,689 | 0.00% | #188 |
| 2025 | $1,420,000,000 | 4.40% | $12,210 | 0.00% | #182 |
| 2024 | $1,351,000,000 | 2.40% | $11,685 | 0.00% | #190 |
| 2023 | $1,336,000,000 | 4.50% | $11,619 | 0.00% | #196 |
| 2022 | $1,224,000,000 | 7.30% | $10,698 | 0.00% | #199 |
| 2021 | $1,122,000,000 | 4.70% | $9,864 | 0.00% | #199 |
| 2020 | $1,043,000,000 | -13.80% | $9,223 | 0.00% | #199 |
| 2019 | $1,213,000,000 | 0.70% | $10,779 | 0.00% | #198 |
| 2018 | $1,167,000,000 | 4.40% | $10,419 | 0.00% | #200 |
| 2017 | $1,126,000,000 | 4.40% | $10,099 | 0.00% | #199 |
| 2016 | $1,062,000,000 | 3.70% | $9,572 | 0.00% | #199 |
| 2015 | $997,000,000 | 6.40% | $9,056 | 0.00% | #198 |
| 2014 | $911,000,000 | 7.30% | $8,334 | 0.00% | #200 |
| 2013 | $843,000,000 | 2.40% | $7,760 | 0.00% | #200 |
| 2012 | $800,000,000 | -1.20% | $7,434 | 0.00% | #200 |
| 2011 | $779,000,000 | 0.80% | $7,300 | 0.00% | #200 |
| 2010 | $771,000,000 | -0.50% | $7,340 | 0.00% | #197 |
| 2009 | $771,000,000 | -6.60% | $7,333 | 0.00% | #196 |
| 2008 | $826,000,000 | 0.90% | $7,844 | 0.00% | #194 |
| 2007 | $759,000,000 | 6.10% | $7,227 | 0.00% | #193 |
| 2006 | $699,000,000 | -4.00% | $6,673 | 0.00% | #192 |
| 2005 | $695,000,000 | 13.30% | $6,658 | 0.00% | #190 |
| 2004 | $599,000,000 | -0.60% | $5,722 | 0.00% | #191 |
| 2003 | $591,000,000 | 9.50% | $5,641 | 0.00% | #190 |
| 2002 | $540,000,000 | 3.40% | $5,192 | 0.00% | #189 |
| 2001 | $520,000,000 | -2.00% | $5,046 | 0.00% | #185 |
| 2000 | $520,000,000 | 5.10% | $5,057 | 0.00% | #184 |
| 1999 | $482,000,000 | 7.00% | $4,706 | 0.00% | #179 |
| 1998 | $446,000,000 | 11.80% | $4,371 | 0.00% | #178 |
| 1997 | $392,000,000 | 4.90% | $3,861 | 0.00% | #178 |
| 1996 | $367,000,000 | 4.40% | $3,633 | 0.00% | #177 |
| 1995 | $342,000,000 | 2.20% | $3,412 | 0.00% | #176 |
| 1994 | $325,000,000 | 1.80% | $3,273 | 0.00% | #171 |
| 1993 | $310,000,000 | -2.00% | $3,154 | 0.00% | #169 |
| 1992 | $310,000,000 | -0.80% | $3,192 | 0.00% | #164 |
| 1991 | $301,000,000 | 1.40% | $3,118 | 0.00% | #151 |
| 1990 | $278,000,000 | 4.20% | $2,887 | 0.00% | #151 |
| 1989 | $267,000,000 | 3.80% | $2,758 | 0.00% | #146 |
| 1988 | $236,000,000 | 2.90% | $2,409 | 0.00% | #145 |
| 1987 | $215,000,000 | 9.10% | $2,163 | 0.00% | #144 |
| 1986 | $188,000,000 | 7.40% | $1,872 | 0.00% | #145 |
| 1985 | $168,000,000 | 6.00% | $1,678 | 0.00% | #144 |
| 1984 | $146,000,000 | 4.00% | $1,478 | 0.00% | #145 |
| 1983 | $132,000,000 | 3.30% | $1,373 | 0.00% | #143 |
| 1982 | $125,000,000 | 4.10% | $1,347 | 0.00% | #144 |
| 1981 | $116,000,000 | 1.40% | $1,276 | 0.00% | #145 |
| 1980 | $111,000,000 | 15.10% | $1,246 | 0.00% | #144 |
Grenada GDP Projections (IMF)
i| Year | GDP Nominal (Current USD) | GDP Growth Rate (%) | GDP Per Capita (USD) | World Share (%) | Global Rank |
|---|---|---|---|---|---|
| 2027 | $1,554,000,000 | 3.10% | $13,225 | 0.00% | #174 |
| 2028 | $1,632,000,000 | 3.00% | $13,816 | 0.00% | #174 |
| 2029 | $1,711,000,000 | 2.70% | $14,400 | 0.00% | #174 |
| 2030 | $1,793,000,000 | 2.70% | $15,008 | 0.00% | #174 |
| 2031 | $1,878,000,000 | 2.70% | $15,642 | 0.00% | #174 |
Grenada Economy Overview
Grenada's economic base combines tourism, agriculture, education, construction, and commercial services. Hotels, cruise arrivals, restaurants, diving, and yachting support the visitor industry, while the presence of an international university creates additional demand for housing, retail, and professional services. The agricultural sector is known for nutmeg, mace, cocoa, fruits, and other tropical products. Manufacturing includes food and beverage processing, while banking, telecommunications, transportation, and public services contribute to domestic activity. Tourism and agriculture together provide important sources of foreign exchange.
Grenada GDP Outlook
Grenadaโs prospects are supported by tourism, education, agriculture, and construction. Expansion in resort development, yachting, cocoa, spices, and higher education could sustain growth while creating a somewhat broader economic base. Renewable energy may also reduce import costs over time. Hurricanes, climate change, dependence on tourism, public debt, and high import dependence remain important challenges.
Data & Methodology
How the figures on this page are compiled
- Primary Sources
- IMF, World Bank, United Nations and OECD
- Historical Coverage
- 1980โ2031
- GDP Measurement
- Nominal gross domestic product in current U.S. dollars
- Update Schedule
- Updated annually using the latest available projections
- Population Data
- United Nations World Population Prospects
Frequently Asked Questions
Grenada's nominal GDP in 2026 is approximately $1,483,000,000, measured in current US dollars.
Grenada's GDP growth rate in 2026 is 3.10%.
GDP per capita in Grenada is approximately $12,689 in 2026.
Grenada ranks #199 globally by nominal GDP in 2026.
GDP is commonly calculated as household consumption plus investment, government spending, and net exports.
Sources
Related Pages
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