Services, value added in Grenada
Grenada: Services, value added was 64.9% in 2025. ▲ Rising
Services, value added in Grenada, 1977–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for services, value added in Grenada is 64.9%, measured in 2025.
The figure is down 1.5% on the previous year and down 2.7% over ten years.
Over the whole period, services, value added in Grenada peaked at 70.5% in 2012 and was at its lowest, 58.9%, in 1979.
Grenada ranks 56th of 205 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 49 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 60.0% | 58.9% | 61.0% | 3 |
| 1980s | 61.3% | 59.6% | 63.0% | 10 |
| 1990s | 64.3% | 61.6% | 65.4% | 10 |
| 2000s | 65.5% | 61.6% | 69.6% | 10 |
| 2010s | 68.0% | 66.0% | 70.5% | 10 |
| 2020s | 65.4% | 64.3% | 66.8% | 6 |
Countries ranked near Grenada
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 64.9% 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 70.5% in 2012.
- What is the lowest services, value added recorded in Grenada?
- The lowest recorded value was 58.9% in 1979.
- How does Grenada rank for services, value added?
- Grenada ranks 56th out of 205 countries with data for 2025.
- Is services, value added rising or falling in Grenada?
- Over the last ten years it is down 2.7%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.