Grenada - GDP

GDP (current US$)

The latest value for GDP (current US$) in Grenada was $1,042,101,000 as of 2020. Over the past 43 years, the value for this indicator has fluctuated between $1,212,694,000 in 2019 and $71,494,500 in 1977.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1977 $71,494,500
1978 $88,322,380
1979 $102,244,400
1980 $110,900,500
1981 $115,651,900
1982 $125,435,600
1983 $131,803,600
1984 $145,533,300
1985 $167,728,400
1986 $187,589,500
1987 $215,009,600
1988 $236,357,500
1989 $267,327,600
1990 $278,098,800
1991 $300,757,900
1992 $310,160,400
1993 $309,812,200
1994 $325,111,800
1995 $342,172,500
1996 $366,911,500
1997 $392,190,600
1998 $445,903,600
1999 $482,009,400
2000 $520,044,400
2001 $520,444,200
2002 $540,336,900
2003 $591,018,400
2004 $599,118,600
2005 $695,555,600
2006 $698,700,700
2007 $758,683,600
2008 $825,976,100
2009 $771,275,600
2010 $771,013,200
2011 $778,655,900
2012 $799,882,200
2013 $842,620,100
2014 $911,497,400
2015 $997,007,900
2016 $1,061,641,000
2017 $1,125,685,000
2018 $1,166,524,000
2019 $1,212,694,000
2020 $1,042,101,000

GDP (current LCU)

The value for GDP (current LCU) in Grenada was 2,813,671,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 3,274,275,000 in 2019 and a minimum value of 193,035,100 in 1977.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1977 193,035,100
1978 238,470,400
1979 276,059,800
1980 299,431,200
1981 312,260,200
1982 338,676,100
1983 355,869,600
1984 392,939,900
1985 452,866,800
1986 506,491,700
1987 580,525,800
1988 638,165,300
1989 721,784,600
1990 750,866,700
1991 812,046,300
1992 837,433,200
1993 836,492,900
1994 877,801,900
1995 923,865,800
1996 990,660,900
1997 1,058,915,000
1998 1,203,940,000
1999 1,301,425,000
2000 1,404,120,000
2001 1,405,199,000
2002 1,458,910,000
2003 1,595,750,000
2004 1,617,620,000
2005 1,878,000,000
2006 1,886,492,000
2007 2,048,446,000
2008 2,230,135,000
2009 2,082,444,000
2010 2,081,736,000
2011 2,102,371,000
2012 2,159,682,000
2013 2,275,074,000
2014 2,461,043,000
2015 2,691,921,000
2016 2,866,430,000
2017 3,039,350,000
2018 3,149,614,000
2019 3,274,275,000
2020 2,813,671,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Grenada was 2,813,671,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 3,274,275,000 in 2019 and 752,114,200 in 1990.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 752,114,200
1991 813,395,500
1992 838,824,600
1993 837,882,800
1994 879,260,400
1995 925,400,800
1996 992,306,900
1997 1,060,674,000
1998 1,205,940,000
1999 1,303,588,000
2000 1,404,120,000
2001 1,405,199,000
2002 1,458,910,000
2003 1,595,750,000
2004 1,617,620,000
2005 1,878,000,000
2006 1,886,492,000
2007 2,048,446,000
2008 2,230,135,000
2009 2,082,444,000
2010 2,081,736,000
2011 2,102,371,000
2012 2,159,682,000
2013 2,275,074,000
2014 2,461,043,000
2015 2,691,921,000
2016 2,866,430,000
2017 3,039,350,000
2018 3,149,614,000
2019 3,274,275,000
2020 2,813,671,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Grenada was 979,357,800 as of 2020. Over the past 43 years, the value for this indicator has fluctuated between 1,134,931,000 in 2019 and 294,936,000 in 1977.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1977 294,936,000
1978 310,689,700
1979 328,094,800
1980 326,340,200
1981 331,346,900
1982 345,012,500
1983 357,545,300
1984 370,304,200
1985 392,447,300
1986 420,681,100
1987 458,952,200
1988 472,568,400
1989 490,373,500
1990 510,050,200
1991 517,117,200
1992 512,715,800
1993 502,672,600
1994 511,185,700
1995 522,071,300
1996 545,242,000
1997 572,588,600
1998 639,887,800
1999 684,029,600
2000 717,464,600
2001 702,943,900
2002 727,106,300
2003 795,919,500
2004 790,766,300
2005 895,749,900
2006 859,961,700
2007 912,621,100
2008 921,268,500
2009 860,342,500
2010 855,943,900
2011 862,491,600
2012 852,528,600
2013 872,575,200
2014 936,657,700
2015 997,007,900
2016 1,034,293,000
2017 1,080,201,000
2018 1,126,644,000
2019 1,134,931,000
2020 979,357,800

GDP (constant LCU)

The value for GDP (constant LCU) in Grenada was 2,148,410,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 2,489,690,000 in 2019 and a minimum value of 646,999,000 in 1977.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1977 646,999,000
1978 681,557,800
1979 719,739,200
1980 715,890,200
1981 726,873,200
1982 756,851,400
1983 784,344,600
1984 812,333,600
1985 860,908,900
1986 922,845,000
1987 1,006,800,000
1988 1,036,670,000
1989 1,075,729,000
1990 1,118,894,000
1991 1,134,396,000
1992 1,124,741,000
1993 1,102,709,000
1994 1,121,384,000
1995 1,145,264,000
1996 1,196,093,000
1997 1,256,083,000
1998 1,403,717,000
1999 1,500,551,000
2000 1,573,897,000
2001 1,542,043,000
2002 1,595,048,000
2003 1,746,003,000
2004 1,734,698,000
2005 1,965,000,000
2006 1,886,492,000
2007 2,002,010,000
2008 2,020,980,000
2009 1,887,327,000
2010 1,877,678,000
2011 1,892,042,000
2012 1,870,186,000
2013 1,914,162,000
2014 2,054,739,000
2015 2,187,129,000
2016 2,268,920,000
2017 2,369,630,000
2018 2,471,510,000
2019 2,489,690,000
2020 2,148,410,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Grenada was 1,719,656,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 1,969,096,000 in 2019 and 455,269,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 455,269,000
1991 477,186,400
1992 483,906,900
1993 485,673,600
1994 504,445,600
1995 525,990,600
1996 559,393,500
1997 597,954,400
1998 675,756,100
1999 732,801,900
2000 785,803,100
2001 786,786,400
2002 826,703,700
2003 921,748,400
2004 940,435,300
2005 1,098,472,000
2006 1,086,499,000
2007 1,184,004,000
2008 1,218,471,000
2009 1,146,565,000
2010 1,153,995,000
2011 1,187,113,000
2012 1,199,574,000
2013 1,285,879,000
2014 1,420,280,000
2015 1,551,091,000
2016 1,656,777,000
2017 1,798,099,000
2018 1,920,435,000
2019 1,969,096,000
2020 1,719,656,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Grenada was 1,630,235,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 1,889,202,000 in 2019 and 836,746,900 in 1993.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 849,027,600
1991 860,791,300
1992 853,464,700
1993 836,746,900
1994 850,917,700
1995 869,037,800
1996 907,607,700
1997 953,128,700
1998 1,065,155,000
1999 1,138,633,000
2000 1,194,289,000
2001 1,170,118,000
2002 1,210,338,000
2003 1,324,884,000
2004 1,316,306,000
2005 1,491,062,000
2006 1,431,489,000
2007 1,519,145,000
2008 1,533,540,000
2009 1,432,123,000
2010 1,424,801,000
2011 1,435,700,000
2012 1,419,116,000
2013 1,452,485,000
2014 1,559,157,000
2015 1,659,615,000
2016 1,721,679,000
2017 1,798,099,000
2018 1,875,407,000
2019 1,889,202,000
2020 1,630,235,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts