Services, value added in Grenada
Grenada: Services, value added was 2.49 billion current LCU in 2025. ◆ Volatile
Services, value added in Grenada, 1977–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for services, value added in Grenada is 2.49 billion current LCU, measured in 2025. That is the highest value across all 49 years on record.
That represents a change of up 3.5% on the previous year and up 38.6% over ten years.
Over the whole period, services, value added in Grenada peaked at 2.49 billion current LCU in 2025 and was at its lowest, 115.96 million current LCU, in 1977.
That places Grenada 191st out of 205 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 141.33 million current LCU | 115.96 million current LCU | 162.49 million current LCU | 3 |
| 1980s | 281.57 million current LCU | 187.27 million current LCU | 443.95 million current LCU | 10 |
| 1990s | 617.28 million current LCU | 473.67 million current LCU | 835.14 million current LCU | 10 |
| 2000s | 1.15 billion current LCU | 908.54 million current LCU | 1.49 billion current LCU | 10 |
| 2010s | 1.77 billion current LCU | 1.42 billion current LCU | 2.19 billion current LCU | 10 |
| 2020s | 2.20 billion current LCU | 1.88 billion current LCU | 2.49 billion current LCU | 6 |
Countries ranked near Grenada
- 188 Belize 4.00 billion current LCU compare
- 189 Andorra 3.10 billion current LCU compare
- 190 Samoa 2.58 billion current LCU compare
- 192 Saint Vincent and the Grenadines 2.25 billion current LCU compare
- 193 Sint Maarten (Dutch part) 2.16 billion current LCU compare
- 194 Saint Kitts and Nevis 2.11 billion current 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 2.49 billion current 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 2.49 billion current LCU in 2025.
- What is the lowest services, value added recorded in Grenada?
- The lowest recorded value was 115.96 million current LCU in 1977.
- How does Grenada rank for services, value added?
- Grenada ranks 191st out of 205 countries with data for 2025.
- Is services, value added rising or falling in Grenada?
- Over the last ten years it is up 38.6%. The long-run trend across the full record is volatile.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.