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Macro

Grenada

Latin America & Caribbean · Upper middle income · IMF WEO April 2026 · World Bank WDI

GDP▲ 5.1%
Current prices2025
1USD bn
GDP per capita▲ 4.5%
Current prices2025
12,210USD
Real GDP growth▲ 2.0 pp
Annual change2025
4.4%
Inflation▼ 0.5 pp
Average consumer prices2025
0.6%
Government debt▼ 3.5 pp
General government, gross2025
71.6% of GDP
Current account▲ 4.1 pp
Balance2025
-17.8% of GDP
Population▲ 0.6%
Total2025
0.12million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-13.80.013.31995: 2.2%1996: 4.4%1997: 4.9%1998: 11.8%1999: 7.0%2000: 5.1%2001: -2.0%2002: 3.4%2003: 9.5%2004: -0.6%2005: 13.3%2006: -4.0%2007: 6.1%2008: 0.9%2009: -6.6%2010: -0.5%2011: 0.8%2012: -1.2%2013: 2.4%2014: 7.3%2015: 6.4%2016: 3.7%2017: 4.4%2018: 4.4%2019: 0.7%2020: -13.8%2021: 4.7%2022: 7.3%2023: 4.5%2024: 2.4%2025: 4.4%2026: 3.1% (IMF projection)2027: 3.1% (IMF projection)2028: 3.0% (IMF projection)2029: 2.7% (IMF projection)2030: 2.7% (IMF projection)2031: 2.7% (IMF projection)IMF projection19952000200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
-1.00.08.01995: 3.0%1996: 2.0%1997: 1.2%1998: 1.4%1999: 0.6%2000: 2.1%2001: 1.7%2002: 1.1%2003: 2.2%2004: 2.3%2005: 3.5%2006: 4.3%2007: 3.9%2008: 8.0%2009: -0.3%2010: 3.4%2011: 3.0%2012: 2.4%2013: -0.0%2014: -1.0%2015: -0.5%2016: 1.6%2017: 0.9%2018: 0.8%2019: 0.6%2020: -0.7%2021: 1.2%2022: 2.6%2023: 2.7%2024: 1.1%2025: 0.6%2026: 1.3% (IMF projection)2027: 1.6% (IMF projection)2028: 2.0% (IMF projection)2029: 2.0% (IMF projection)2030: 2.0% (IMF projection)2031: 2.0% (IMF projection)IMF projection19952000200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %4.77.34.52.44.43.13.13.02.72.7
Inflation, average consumer prices %1.22.62.71.10.61.31.62.02.02.0
GDP, current prices USD bn1111112222
GDP per capita, current prices USD9,86410,69811,61911,68512,21012,68913,22513,81614,40015,008
GDP per capita, PPP Int. USD15,68217,92619,32920,17521,54722,72923,81424,78925,78026,827
General government gross debt % of GDP86.679.374.575.171.669.069.569.869.969.7
General government net lending/borrowing % of GDP0.30.97.96.9-5.0-5.1-0.1-0.00.00.3
Current account balance % of GDP-14.4-12.1-20.3-21.9-17.8-18.3-15.9-15.0-14.3-14.2
Population million0.110.110.120.120.120.120.120.120.120.12

Government debt, % of GDP

General government gross debt
0.01052000: 42%2001: 45%2002: 79%2003: 80%2004: 95%2005: 87%2006: 93%2007: 89%2008: 84%2009: 91%2010: 96%2011: 103%2012: 102%2013: 105%2014: 99%2015: 90%2016: 82%2017: 70%2018: 69%2019: 63%2020: 89%2021: 87%2022: 79%2023: 75%2024: 75%2025: 72%2026: 69% (IMF projection)2027: 69% (IMF projection)2028: 70% (IMF projection)2029: 70% (IMF projection)2030: 70% (IMF projection)2031: 67% (IMF projection)IMF projection2000200520102015202020252030

Current account, % of GDP

Balance of payments
-21.90.02014: -9.1%2015: -10.6%2016: -8.8%2017: -11.5%2018: -12.8%2019: -10.3%2020: -16.1%2021: -14.4%2022: -12.1%2023: -20.3%2024: -21.9%2025: -17.8%2026: -18.3% (IMF projection)2027: -15.9% (IMF projection)2028: -15.0% (IMF projection)2029: -14.3% (IMF projection)2030: -14.2% (IMF projection)2031: -14.1% (IMF projection)IMF projection2015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
19957.215.94.665.2
20053.022.82.961.6
20157.412.33.466.8
20252.515.53.364.9

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method11,660USD2025+57.4%
GNI, Atlas method1USD bn2025+60.8%
Life expectancy at birth75.4years2024+0.4%
Urban population36.7% of total2025+0.7 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)