Grenada 2016
Detailed economic analysis and indicators for 2016
Key Economic Indicators (2016)
GDP (Current USD)
$1.06 billion
↑ 6.48% vs 2015GDP per Capita
$9,221.23
↑ 6.06% vs 2015GDP Growth (Annual %)
3.74%
↓ 2.71pp vs 2015Inflation Rate (CPI %)
1.65%
↑ 2.17pp vs 2015Year-over-Year Comparison
| Indicator | 2015 | 2016 | Change |
|---|---|---|---|
| GDP (Current USD) | $997.01 million | $1.06 billion | +6.48% |
| GDP per Capita | $8,694.12 | $9,221.23 | +6.06% |
| GDP Growth (Annual %) | 6.45% | 3.74% | -2.71pp |
| Inflation (CPI %) | -0.52% | 1.65% | +2.17pp |
All Economic Indicators (2016)
National Accounts
- GDP (Current USD)
- $1.06 billion
- GDP per Capita
- $9,221.23
- GDP Growth (Annual %)
- 3.74%
- Gross National Income
- $965.14 million
Prices & Employment
- Inflation (CPI %)
- 1.65%
- Inflation (GDP Deflator %)
- 2.64%
- Unemployment Rate (%)
- N/A
- Interest Rate (Real %)
- 5.84%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -8.85%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2016, Grenada's Gross Domestic Product (GDP) is $1.06 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Grenada for 2016 is $9,221.23. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Grenada for 2016 is 1.65%. This measures the annual percentage change in the cost of consumer goods and services.
Grenada's annual GDP growth rate for 2016 is 3.74%. This indicates the rate at which the country's economy is expanding or contracting.