General profile: Grenada

GENERAL INFORMATION FOR 2018
Population
Population
Exchange rates
Exchange rate
GDP
GDP
0.111 Millions
2.700 XCD/US$
1 201 Millions current US$
Land area
Land area ¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
(n) 340 km²
1.13 %
5.20 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+4.3 %
Merchandise exports growth rate in 2018
Total merchandise trade
(millions of US$)
2005
2010
2015
2018
Merchandise exports
28
25
33
31
Merchandise imports
328
318
372
456
Merchandise trade balance
-300
-293
-339
-425
Export structure by product group in 2018
(as % of total exports)
1 %1 %45 %45 %54 %54 %
Top 5 partners in 2018
(exports, millions of US$)
5443354433
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services ²
(millions of US$)
2005
2010
2015
2018
Services exports
116
153
465
(e) 621
Services imports
96
94
191
(e) 245
Services trade balance
20
59
274
(e) 376
Services exports by main category ²
(as % of total services)
2005
2010
2015
2018
Transport
9.7
6.8
3.4
(e) 2.8
Travel
61.6
73.1
90.6
(e) 91.4
Other services
28.7
20.0
5.9
(e) 5.9
TRADE INDICES
More data on UNCTADstat
909092929696100100100100999993938484777796969191111111929210410412712718118117517519419421421484848989979710010093938686888889898484828280807979787874748181878784848282929290929610010099938477969111192104127181175194214848997100938688898482807978748187848292
ECONOMIC TRENDS
More data on UNCTADstat
+5.2 %
Gross domestic product growth rate in 2018
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2018
GDP, current
695
771
997
1 201
GDP per capita, current US$
6 644
7 258
9 097
10 774
Real GDP growth, y-on-y, %
13.27
-0.47
6.45
5.20
Current account balance, % of GDP
-27.79
-26.45
-11.02
(c) -9.69
Exchange rate (/US$)
2.700
2.700
2.700
2.700
GDP by expenditure in 2017
(as % of total GDP)
89.811.916.722.642.889.811.916.722.642.8
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+1.3 %
FDI outflows as % of GDP in 2018
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2018
FDI inflows
70.16
60.42
(m) 150.89
(m) 126.99
FDI outflows
..
..
8.52
15.35
Personal remittances, % of GDP
3.86
3.69
4.34
4.03
Financial flows trends
(millions of US$)
48.448.445.945.944.844.843.243.240.940.929.629.629.329.328.928.928.528.527.727.728.928.928.628.628.428.426.812712711211295951511518989113113313143436060103103135135157157909070706565898954545959373748.445.944.843.240.929.629.328.928.527.728.928.628.4127112951518911331436010313515790706589545937FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators ²
(as % and index)
2005
2010
2015
2018
Balance, % of GDP
-35.56
-25.40
0.84
(e) 1.41
Balance, % of imports
-62.42
-51.59
1.67
(e) 2.64
Normalized balance
-0.454
-0.348
0.008
(e) 0.013
Trade openness ²
(sum of imports and exports as % of GDP)
10910599101106757576737180858178
LABOUR FORCE
Labour force by gender in 2018
(as % of total labour force, all sectors)
OTHER INDICATORS
More data on UNCTADstat
0 %
Share of the total world merchant fleet in 2018
Maritime transport indicators
 
2005
2010
2015
2018
Merchant fleet, national flag (thousands of DWT)
1
1
1
1
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
5.53
6.67
7.65
Container port throughput (TEU)
..
15 000
16 000
23 900
Information economy indicators
(as % of)
2005
2010
2015
2018
Share of ICT goods, % of total exports
1.48
..
..
..
Share of ICT goods, % of total imports
4.76
..
..
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
c
Provisional.
e
Estimated.
m
Directional basis calculated from Asset/Liability basis.
n
Estimated. Data refers to 2016.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 05 November 2019