Services, value added in Grenada
Grenada: Services, value added was 1.71 billion constant LCU in 2025. ▲ Rising
Services, value added in Grenada, 1977–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, services, value added in Grenada stood at 1.71 billion constant LCU. That is the highest value across all 49 years on record.
That represents a change of up 2.8% on the previous year and up 18.2% over ten years.
Over the whole period, services, value added in Grenada peaked at 1.71 billion constant LCU in 2025 and was at its lowest, 378.88 million constant LCU, in 1977.
Grenada ranks 187th of 198 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 | 406.42 million constant LCU | 378.88 million constant LCU | 427.50 million constant LCU | 3 |
| 1980s | 532.21 million constant LCU | 430.69 million constant LCU | 650.00 million constant LCU | 10 |
| 1990s | 763.24 million constant LCU | 688.27 million constant LCU | 948.61 million constant LCU | 10 |
| 2000s | 1.17 billion constant LCU | 995.51 million constant LCU | 1.35 billion constant LCU | 10 |
| 2010s | 1.43 billion constant LCU | 1.29 billion constant LCU | 1.62 billion constant LCU | 10 |
| 2020s | 1.55 billion constant LCU | 1.40 billion constant LCU | 1.71 billion constant LCU | 6 |
Countries ranked near Grenada
- 184 Sint Maarten (Dutch part) 2.01 billion constant LCU compare
- 185 Samoa 1.90 billion constant LCU compare
- 186 Saint Vincent and the Grenadines 1.80 billion constant LCU compare
- 188 Saint Kitts and Nevis 1.67 billion constant LCU compare
- 189 Liberia 1.61 billion constant LCU compare
- 190 Turks and Caicos Islands 1.22 billion constant LCU compare
More economy & growth data for Grenada
- Gross value added at basic prices (GVA) 2.23 billion constant LCU (2025)
- Inflation, GDP deflator 0.7% (2025)
- GDP deflator 142.22 base year varies by country (2025)
- Foreign direct investment, net inflows 12.0% (2025)
- Foreign direct investment, net inflows 170.66 million BoP, current US$ (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)
- Gross value added at basic prices (GVA) 1.02 billion constant 2015 US$ (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 services, value added in Grenada?
- Services, value added in Grenada was 1.71 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Grenada?
- The highest recorded value was 1.71 billion constant LCU in 2025.
- What is the lowest services, value added recorded in Grenada?
- The lowest recorded value was 378.88 million constant LCU in 1977.
- How does Grenada rank for services, value added?
- Grenada ranks 187th out of 198 countries with data for 2025.
- Is services, value added rising or falling in Grenada?
- Over the last ten years it is up 18.2%. 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 Services, value added (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
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.