Trade in services in Grenada
Grenada: Trade in services was 81.2% in 2025. ▲ Rising
Trade in services in Grenada, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for trade in services in Grenada is 81.2%, measured in 2025.
The figure is down 6.2% on the previous year and up 24.8% over ten years.
Over the whole period, trade in services in Grenada peaked at 86.6% in 2024 and was at its lowest, 26.0%, in 1978.
Grenada ranks 18th of 199 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 49 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.8% | 26.0% | 30.9% | 3 |
| 1980s | 30.7% | 26.1% | 37.9% | 10 |
| 1990s | 40.6% | 34.6% | 46.8% | 10 |
| 2000s | 48.6% | 40.8% | 58.0% | 10 |
| 2010s | 65.4% | 58.8% | 72.0% | 10 |
| 2020s | 75.0% | 57.4% | 86.6% | 6 |
Countries ranked near Grenada
- 15 Tuvalu 84.5% compare
- 16 Suriname 84.2% compare
- 17 Equatorial Guinea 81.5% compare
- 19 Saint Lucia 78.2% compare
- 20 Antigua and Barbuda 78.1% compare
- 21 Curacao 75.6% compare
More economy & growth data for Grenada
- Agriculture, forestry, and fishing, value added 34.91 million constant 2015 US$ (2025)
- Total reserves minus gold 408.15 million current US$ (2025)
- Inflation, consumer prices 0.6% (2025)
- Changes in inventories 0 current US$ (2012)
- Changes in inventories 0 current LCU (2012)
- Agriculture, forestry, and fishing, value added 97.39 million current LCU (2025)
- Agriculture, forestry, and fishing, value added 83.32 million constant LCU (2025)
- Gross value added at basic prices (GVA) 1.02 billion constant 2015 US$ (2025)
- Gross value added at basic prices (GVA) 2.23 billion constant LCU (2025)
- Total reserves 408.15 million includes gold, current US$ (2025)
Frequently asked questions
- What is trade in services in Grenada?
- Trade in services in Grenada was 81.2% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Grenada?
- The highest recorded value was 86.6% in 2024.
- What is the lowest trade in services recorded in Grenada?
- The lowest recorded value was 26.0% in 1978.
- How does Grenada rank for trade in services?
- Grenada ranks 18th out of 199 countries with data for 2025.
- Is trade in services rising or falling in Grenada?
- Over the last ten years it is up 24.8%. The long-run trend across the full record is rising.
- Where does this Grenada data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Trade in services (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. 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.