Gross value added at basic prices (GVA) in Grenada
Grenada: Gross value added at basic prices (GVA) was 2.23 billion constant LCU in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Grenada, 1977–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
Grenada recorded 2.23 billion constant LCU for gross value added at basic prices (gva) in 2025. That is the highest value across all 49 years on record.
That represents a change of up 4.4% on the previous year and up 19.1% over ten years.
Over the whole period, gross value added at basic prices (gva) in Grenada peaked at 2.23 billion constant LCU in 2025 and was at its lowest, 569.24 million constant LCU, in 1977.
Grenada ranks 185th of 197 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 49 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 595.41 million constant LCU | 569.24 million constant LCU | 624.32 million constant LCU | 3 |
| 1980s | 749.66 million constant LCU | 633.65 million constant LCU | 904.34 million constant LCU | 10 |
| 1990s | 1.04 billion constant LCU | 941.42 million constant LCU | 1.28 billion constant LCU | 10 |
| 2000s | 1.55 billion constant LCU | 1.34 billion constant LCU | 1.75 billion constant LCU | 10 |
| 2010s | 1.82 billion constant LCU | 1.61 billion constant LCU | 2.09 billion constant LCU | 10 |
| 2020s | 2.02 billion constant LCU | 1.80 billion constant LCU | 2.23 billion constant LCU | 6 |
Countries ranked near Grenada
- 182 Montenegro 3.89 billion constant LCU compare
- 183 Andorra 2.84 billion constant LCU compare
- 184 Saint Vincent and the Grenadines 2.30 billion constant LCU compare
- 186 Samoa 2.19 billion constant LCU compare
- 187 Sint Maarten (Dutch part) 2.12 billion constant LCU compare
- 188 Saint Kitts and Nevis 2.07 billion constant LCU compare
More economy & growth data for Grenada
- Gross value added at basic prices (GVA) 1.02 billion constant 2015 US$ (2025)
- Services, value added 64.9% (2025)
- Inflation, GDP deflator 0.7% (2025)
- Foreign direct investment, net inflows 12.0% (2025)
- Foreign direct investment, net inflows 170.66 million BoP, current US$ (2025)
- GDP deflator 142.22 base year varies by country (2025)
- Gross value added at basic prices (GVA) 1.17 billion current US$ (2025)
- Gross value added at basic prices (GVA) 3.15 billion current LCU (2025)
- GDP 3.83 billion current LCU (2025)
- Agriculture, forestry, and fishing, value added 83.32 million constant LCU (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Grenada?
- Gross value added at basic prices (gva) in Grenada was 2.23 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Grenada?
- The highest recorded value was 2.23 billion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Grenada?
- The lowest recorded value was 569.24 million constant LCU in 1977.
- How does Grenada rank for gross value added at basic prices (gva)?
- Grenada ranks 185th out of 197 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Grenada?
- Over the last ten years it is up 19.1%. The long-run trend across the full record is rising.
- Where does this Grenada data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.