Grenada — GDP growth
GDP Growth (Annual %) for Grenada, 1978–2025.
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%. Within Latin America & Caribbean it ranks 9 of 40 economies; Argentina (4.37%) is just below it. Its sharpest one-year move was up 2151% in 2005. That is 66% above this series' own ten-year average.
Data highlights
From its 1978 level: doubled by 1998.
World ranking. Climbed: 74th of 151 in 1978 → 114th of 152 in 1980 → 71st of 176 in 1990 → 76th of 199 in 2000 → 187th of 209 in 2010 → 188th of 209 in 2020 → 59th of 186 in 2025.
Key figures
Full history — 1978 to 2025
| Year | annual % | Change |
|---|---|---|
| 2025 | 4.41% | +2.0 pp |
| 2024 | 2.4% | -2.1 pp |
| 2023 | 4.53% | -2.8 pp |
| 2022 | 7.31% | +2.6 pp |
| 2021 | 4.7% | +18.5 pp |
| 2020 | -13.76% | -14.4 pp |
| 2019 | 0.68% | -3.7 pp |
| 2018 | 4.36% | -0.1 pp |
| 2017 | 4.44% | +0.7 pp |
| 2016 | 3.74% | -2.7 pp |
| 2015 | 6.45% | -0.9 pp |
| 2014 | 7.34% | +5.0 pp |
| 2013 | 2.35% | +3.5 pp |
| 2012 | -1.15% | -1.9 pp |
| 2011 | 0.76% | +1.3 pp |
| 2010 | -0.51% | +6.1 pp |
| 2009 | -6.61% | -7.6 pp |
| 2008 | 0.95% | -5.2 pp |
| 2007 | 6.12% | +10.1 pp |
| 2006 | -4% | -17.3 pp |
| 2005 | 13.28% | +13.9 pp |
| 2004 | -0.65% | -10.1 pp |
| 2003 | 9.46% | +6.0 pp |
| 2002 | 3.44% | +5.5 pp |
| 2001 | -2.02% | -6.9 pp |
| 2000 | 4.89% | -2.0 pp |
| 1999 | 6.9% | -4.9 pp |
| 1998 | 11.75% | +6.7 pp |
| 1997 | 5.02% | +0.6 pp |
| 1996 | 4.44% | +2.3 pp |
| 1995 | 2.13% | +0.4 pp |
| 1994 | 1.69% | +3.7 pp |
| 1993 | -1.96% | -1.1 pp |
| 1992 | -0.85% | -2.2 pp |
| 1991 | 1.39% | -2.6 pp |
| 1990 | 4.01% | +0.2 pp |
| 1989 | 3.77% | +0.8 pp |
| 1988 | 2.97% | -6.1 pp |
| 1987 | 9.1% | +1.9 pp |
| 1986 | 7.19% | +1.2 pp |
| 1985 | 5.98% | +2.4 pp |
| 1984 | 3.57% | -0.1 pp |
| 1983 | 3.63% | -0.5 pp |
| 1982 | 4.12% | +2.6 pp |
| 1981 | 1.53% | +2.1 pp |
| 1980 | -0.53% | -6.1 pp |
| 1979 | 5.6% | +0.3 pp |
| 1978 | 5.34% | — |
Frequently asked questions
What was Grenada’s GDP growth in 1979?
5.6% (1979). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Grenada’s GDP growth growing or shrinking?
Between 1978 and 2025 the series was shrinking overall: -17.4% in total — about 0.4% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.KD.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2025: 4.41%; 2024: 2.4%; 2023: 4.53%; 2022: 7.31%; 2021: 4.7%. Earlier years are in the full-history table below.
Related data
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.