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Grenada — GDP growth
GDP Growth (Annual %) for Grenada, 1978–2025.
Latest value · 2025
4.41%
GDP Growth (Annual %) · annual % · -17.4% since 1978
GDP growth for Grenada was 4.41% in 2025, according to the latest World Bank data. The series covers 48 years, from 1978 to 2025. The highest recorded value was 13.28% in 2005. The lowest was -13.76% in 2020 (about -3.1× the latest value). Across that span the compound annual growth rate works out to -0.41% per year.
Grenada ranks 66 of 212 economies on this measure (1 = highest), putting it in the top 31%. The median for Latin America & Caribbean is 3.38%, so Grenada sits above it. It peaked in 2005 and has fallen 67% since. Over the last decade (2015–2025) the figure moved down 32%.
Key figures
Latest (2025)
4.41%
First (1978)
5.34%
Change
-17.4%
Highest
13.28%
in 2005
Lowest
-13.76%
in 2020
Average
3.12%
Annual growth (CAGR)
-0.41%
Years of data
48
Recent years
| Year | annual % |
|---|---|
| 2025 | 4.41% |
| 2024 | 2.4% |
| 2023 | 4.53% |
| 2022 | 7.31% |
| 2021 | 4.7% |
| 2020 | -13.76% |
| 2019 | 0.68% |
| 2018 | 4.36% |
| 2017 | 4.44% |
| 2016 | 3.74% |
| 2015 | 6.45% |
| 2014 | 7.34% |
Reading this correctly. Annual percentage growth rate of GDP at constant market prices. A negative value means the economy contracted that year. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.