Grenada - GNI

GNI, Atlas method (current US$)

The latest value for GNI, Atlas method (current US$) in Grenada was $1,058,435,000 as of 2020. Over the past 41 years, the value for this indicator has fluctuated between $1,093,891,000 in 2019 and $101,666,800 in 1979.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

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

See also:

Year Value
1979 $101,666,800
1980 $115,683,100
1981 $118,822,200
1982 $121,388,100
1983 $122,783,200
1984 $131,847,500
1985 $149,549,100
1986 $178,902,200
1987 $218,518,400
1988 $244,652,900
1989 $259,255,600
1990 $273,202,600
1991 $293,378,400
1992 $305,348,200
1993 $306,201,900
1994 $319,315,000
1995 $332,366,000
1996 $353,221,800
1997 $371,355,000
1998 $407,040,600
1999 $441,876,200
2000 $473,788,000
2001 $465,625,300
2002 $482,366,700
2003 $549,948,200
2004 $558,195,600
2005 $695,671,000
2006 $674,332,500
2007 $718,809,300
2008 $766,069,300
2009 $710,521,300
2010 $737,647,700
2011 $754,214,700
2012 $755,299,100
2013 $795,575,200
2014 $818,666,000
2015 $849,567,700
2016 $920,421,900
2017 $969,198,600
2018 $1,065,497,000
2019 $1,093,891,000
2020 $1,058,435,000

GNI (current US$)

The latest value for GNI (current US$) in Grenada was $1,053,199,000 as of 2020. Over the past 43 years, the value for this indicator has fluctuated between $1,095,542,000 in 2019 and $70,198,200 in 1977.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.

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

See also:

Year Value
1977 $70,198,200
1978 $86,840,900
1979 $100,577,700
1980 $108,715,300
1981 $110,763,000
1982 $120,139,300
1983 $127,285,000
1984 $140,644,400
1985 $162,487,700
1986 $182,037,700
1987 $208,368,800
1988 $230,083,500
1989 $257,794,300
1990 $266,224,700
1991 $293,872,700
1992 $304,823,400
1993 $301,338,100
1994 $316,297,000
1995 $328,728,100
1996 $351,511,500
1997 $375,246,100
1998 $422,659,100
1999 $455,709,400
2000 $486,296,200
2001 $478,999,700
2002 $492,740,300
2003 $540,525,800
2004 $533,925,200
2005 $667,088,100
2006 $669,815,800
2007 $717,591,500
2008 $783,264,300
2009 $708,231,400
2010 $731,135,600
2011 $746,883,200
2012 $765,599,900
2013 $813,021,500
2014 $828,656,700
2015 $880,071,700
2016 $964,617,100
2017 $1,004,055,000
2018 $1,052,902,000
2019 $1,095,542,000
2020 $1,053,199,000

GNI (current LCU)

The value for GNI (current LCU) in Grenada was 2,843,637,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 2,957,962,000 in 2019 and a minimum value of 189,535,100 in 1977.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.

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

Year Value
1977 189,535,100
1978 234,470,400
1979 271,559,800
1980 293,531,200
1981 299,060,200
1982 324,376,100
1983 343,669,600
1984 379,739,900
1985 438,716,800
1986 491,501,700
1987 562,595,800
1988 621,225,300
1989 696,044,600
1990 718,806,700
1991 793,456,300
1992 823,023,200
1993 813,612,900
1994 854,001,900
1995 887,565,800
1996 949,080,900
1997 1,013,165,000
1998 1,141,180,000
1999 1,230,415,000
2000 1,313,000,000
2001 1,293,299,000
2002 1,330,399,000
2003 1,459,420,000
2004 1,441,598,000
2005 1,801,138,000
2006 1,808,503,000
2007 1,937,497,000
2008 2,114,814,000
2009 1,912,225,000
2010 1,974,066,000
2011 2,016,585,000
2012 2,067,120,000
2013 2,195,158,000
2014 2,237,373,000
2015 2,376,194,000
2016 2,604,466,000
2017 2,710,948,000
2018 2,842,835,000
2019 2,957,962,000
2020 2,843,637,000

GNI (constant 2010 US$)

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
2015 880,071,700

GNI, PPP (current international $)

The latest value for GNI, PPP (current international $) in Grenada was 1,737,970,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 1,778,871,000 in 2019 and 435,862,500 in 1990.

Definition: PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. 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 435,862,500
1991 466,280,400
1992 475,594,000
1993 472,411,400
1994 490,791,200
1995 505,358,000
1996 535,953,600
1997 572,162,900
1998 640,588,200
1999 692,884,100
2000 734,808,600
2001 724,132,400
2002 753,881,900
2003 843,000,500
2004 838,101,400
2005 1,053,515,000
2006 1,041,582,000
2007 1,119,875,000
2008 1,155,463,000
2009 1,052,844,000
2010 1,094,309,000
2011 1,138,673,000
2012 1,148,162,000
2013 1,240,710,000
2014 1,291,199,000
2015 1,369,168,000
2016 1,505,364,000
2017 1,603,814,000
2018 1,733,381,000
2019 1,778,871,000
2020 1,737,970,000

GNI, PPP (constant 2011 international $)

Definition: PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2017 1,603,814,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts