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Grenada — Health spending

Health Spending (% of GDP) for Grenada, 2000–2023.

Latest value · 2023
4.65%
Health Spending (% of GDP) · % of GDP · -13.2% since 2000

Health spending for Grenada was 4.65% in 2023, according to the latest World Bank data. The series covers 24 years, from 2000 to 2023. The highest recorded value was 6.18% in 2002. The lowest was 4.44% in 2016 (about 1.0× the low point). Across that span the compound annual growth rate works out to -0.61% per year.

Grenada ranks 130 of 189 economies on this measure (1 = highest), putting it in the top 69%. The median for Latin America & Caribbean is 6.87%, so Grenada sits below it. It peaked in 2002 and has fallen 25% since. Over the last decade (2013–2023) the figure moved down 17%.

Key figures

Latest (2023)
4.65%
First (2000)
5.36%
Change
-13.2%
Highest
6.18%
in 2002
Lowest
4.44%
in 2016
Average
5.21%
Annual growth (CAGR)
-0.61%
Years of data
24

Recent years

Year% of GDP
20234.65%
20225%
20215.28%
20205.31%
20194.93%
20184.58%
20174.66%
20164.44%
20154.65%
20144.77%
20135.63%
20125.82%
Reading this correctly. Current health expenditure as a share of GDP. Covers both public and private spending on health goods and services. Figures are in % of GDP. 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 SH.XPD.CHEX.GD.ZS — Health Spending (% of GDP). 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.