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Grenada, Port scenerie, Panorama

Photo: Dirk.heldmaier derivative work: Inkey · CC BY-SA 3.0 · via Wikimedia Commons, shown in greyscale

Economy & Innovation

joint77th

of 176 countries placed

Placed from 2 of 4 key statistics

01The evidence

The 4 key statistics that decide it

Only these place Grenada on economy & innovation — one vote each. Every value is the publisher’s own, read at the edition the Country Index 2026 used — or, for a survey-based key, each country’s latest reading; the grey ticks are every other country it was compared with, lowest on the left.

Why these keys
  1. Key 1 of 4

    GDP per Capita (PPP)

    World Bank Group

    Why it is a key

    2025 edition · data for 2025 · CC BY 4.0

    18,241

    GDP per capita (constant 2021 international $, PPP)

    Higher is better

    Grenada: 18,241. Across the 185 countries in this edition, values run from 1,067 (Burundi) to 139,593 (Singapore); the world median is 17,265.

    World median
    17,265
    Best in Caribbean
    48,273 Sint Maarten
  2. Key 2 of 4

    Firms with a Bank Loan or Line of Credit

    World Bank Group

    Why it is a key

    Latest reading per country, 2016–2025 · Grenada’s is from 2025 · CC BY 4.0

    39.29

    Firms with a bank loan or line of credit (%)

    Higher is better

    Grenada: 39.29. Across the 179 countries at their latest reading, values run from 2.113 (Pakistan) to 88.52 (Israel); the world median is 35.95.

    World median
    35.95
    Best in Caribbean
    57.57 Saint Lucia
  3. Key 3 of 4

    Economic Complexity Index

    Growth Lab at Harvard University

    Why it is a key

    2024 edition · data for 2024 · CC0 1.0

    No reading

    ECI score (standardised, roughly −3 to +3)

    Higher is better

    Growth Lab at Harvard University publishes no 2024 figure for Grenada, so the standing rests on the other keys.

    Across the 145 countries in this edition, values run from -3.53 (Chad) to 1.729 (Japan); the world median is 0.131.

    World median
    0.131
    Best in Caribbean
    0.056 Trinidad and Tobago
  4. Key 4 of 4

    Account Ownership at a Financial Institution

    World Bank Group

    Why it is a key

    2024 edition · data for 2024 · CC BY 4.0

    No reading

    Adults with an account (% of population aged 15+)

    Higher is better

    World Bank Group publishes no 2024 figure for Grenada, so the standing rests on the other keys.

    Across the 139 countries in this edition, values run from 14.83 (Niger) to 99.85 (Iceland); the world median is 72.83.

    World median
    72.83
    Best in Caribbean
    74.59 Trinidad and Tobago

03In context

Grenada beside its neighbours

A position reads best beside the countries around it. Every position below is a place among all 176 countries on economy & innovation, never a place within the region.

Caribbean
1st176thNot placed · 48 countries with too few key statisticsNo data

The whole world on economy & innovation

Grenada and Caribbean

Grenada has no land border, so the table compares it with its sub-region. Standing among all 176; the key columns are the publishers’ own values.

CountryStandingGDP per Capita (PPP)GDP per capita (constant 2021 international $, PPP)Firms with a Bank Loan or Line of CreditFirms with a bank loan or line of credit (%)Economic Complexity IndexECI score (standardised, roughly −3 to +3)Account Ownership at a Financial InstitutionAdults with an account (% of population aged 15+)
Saint Lucia34th24,50357.57——
Dominican Republic67th24,54353.550.03464.78
Antigua and Barbuda72nd30,62033.01——
Grenada=77th18,24139.29——
Trinidad and Tobago=80th31,72228.630.05674.59
Saint Vincent and the Grenadines85th19,48335.66——
Jamaica93rd11,35847.74-0.351—
Barbados96th22,12726.93——
Haiti=151st2,678—-0.558—
Anguillanot placed————
Arubanot placed————
Bahamasnot placed—34.24——
British Virgin Islandsnot placed————
Cayman Islandsnot placed————
Cubanot placed——-1.048—
Curaçaonot placed————
Dominicanot placed19,40932.81——
Montserratnot placed————
Puerto Riconot placed44,603———
Saint Kitts and Nevisnot placed31,42849.32——
Saint Martinnot placed————
Sint Maartennot placed48,273———
Turks and Caicos Islandsnot placed————
United States Virgin Islandsnot placed————

“—”: no published reading in that edition. What a standing is

04Context, no vote

Where Grenada is ahead of the world, and behind

37 more statistics filed under economy & innovation, published in full and deliberately given no vote in the standing. Select a row for the publisher, the rank and the links.

Every country

Ahead of the world median8

Statistics on which Grenada does better than the middle country measured.

  • Livestock Production IndexFAO · 2022 · world median 107.06137.37▲ Improved since 2012

    Grenada: 137.37 · world median 107.06 · Livestock production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.

    Published values in that edition run from 35.52 to 190.08; higher is better.

    Position 23rd of 194 · derived.

    Chart and every countryThe 2022 dataset

  • Debt Service on External DebtWorld Bank Group · 2024 · world median 12.934.85▲ Improved since 2014

    Grenada: 4.85 · world median 12.93 · Total debt service (% of exports of goods, services and primary income). World Bank Group, 2024 edition, data for 2024.

    Published values in that edition run from 0.285 to 96.2; lower is better.

    Position 95th of 109 · derived, 1st = worst.

    Chart and every countryThe 2024 dataset

  • ICT Goods ExportsUNCTAD · 2024 · world median 0.9755.36No real change since 2014

    Grenada: 5.36 · world median 0.975 · ICT goods exports (% of total goods exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.

    Published values in that edition run from 0 to 61.45; higher is better.

    Position 26th of 119 · derived.

    Chart and every countryThe 2024 dataset

  • GDP GrowthWorld Bank Group · 2025 · world median 3.3964.412▼ Worsened since 2015

    Grenada: 4.412 · world median 3.396 · GDP growth (annual %). World Bank Group, 2025 edition, data for 2025.

    Published values in that edition run from -5.847 to 19.34; higher is better.

    Position 59th of 186 · derived.

    Chart and every countryThe 2025 dataset

  • Productive Capacities IndexUNCTAD · 2022 · world median 46.6749.71▲ Improved since 2012

    Grenada: 49.71 · world median 46.67 · Productive Capacities Index (1–100). UN Trade and Development (UNCTAD), 2022 edition, data for 2022.

    Published values in that edition run from 17.8 to 71.02; higher is better.

    Position 79th of 195 · derived.

    Chart and every countryThe 2022 dataset

  • Firms Competing Against Informal FirmsWorld Bank Group · 2026 · world median 41.8136.62No earlier reading

    Grenada: 36.62 · world median 41.81 · Firms competing against unregistered or informal firms (%). World Bank Group, 2026 edition, data for 2026.

    Published values in that edition run from 1.926 to 90.5; lower is better.

    Position 107th of 181 · derived, 1st = worst.

    Chart and every countryThe 2026 dataset

  • Interest Payments on External DebtWorld Bank Group · 2024 · world median 1.4511.226▲ Improved since 2014

    Grenada: 1.226 · world median 1.451 · Interest payments on external debt (% of GNI). World Bank Group, 2024 edition, data for 2024.

    Published values in that edition run from 0.069 to 17.92; lower is better.

    Position 66th of 112 · derived, 1st = worst.

    Chart and every countryThe 2024 dataset

  • Regulatory QualityWorld Bank Group · 2025 · world median -0.093-0.026No real change since 2015

    Grenada: -0.026 · world median -0.093 · Regulatory Quality (−2.5 to 2.5). World Bank Group, 2025 edition, data for 2025.

    Published values in that edition run from -2.106 to 2.113; higher is better.

    Position 97th of 209 · derived.

    Chart and every countryThe 2025 dataset

Behind the world median10

Statistics on which Grenada does worse than the middle country measured.

  • Actual Individual Consumption per Capita (PPP)World Bank Group · 2021 · world median 12,80012,550No real change since 2017

    Grenada: 12,550 · world median 12,800 · Actual individual consumption per capita (PPP, current international $). World Bank Group, 2021 edition, data for 2021.

    Published values in that edition run from 688.7 to 52,654; higher is better.

    Position 90th of 173 · derived.

    Chart and every countryThe 2021 dataset

  • Management Practices IndexWorld Bank Group · 2026 · world median 52.3948.32No earlier reading

    Grenada: 48.32 · world median 52.39 · Management practices index, medium and large firms (0–100). World Bank Group, 2026 edition, data for 2026.

    Published values in that edition run from 28.07 to 69.29; higher is better.

    Position 116th of 169 · derived.

    Chart and every countryThe 2026 dataset

  • Firms with an International Quality CertificationWorld Bank Group · 2026 · world median 10.46.23No earlier reading

    Grenada: 6.23 · world median 10.4 · Firms with an internationally recognised quality certification (%). World Bank Group, 2026 edition, data for 2026.

    Published values in that edition run from 0 to 45.77; higher is better.

    Chart and every countryThe 2026 dataset

  • Logistics Performance IndexWorld Bank Group · 2023 · world median 2.92.5No earlier reading

    Grenada: 2.5 · world median 2.9 · LPI score (1–5). World Bank Group, 2023 edition, data for 2023.

    Published values in that edition run from 1.9 to 4.3; higher is better.

    Ranked 97th of 139 by World Bank Group.

    Chart and every countryThe 2023 dataset

  • External Debt Stocks (% of GNI)World Bank Group · 2024 · world median 43.9468.59▲ Improved since 2014

    Grenada: 68.59 · world median 43.94 · External debt stocks (% of GNI). World Bank Group, 2024 edition, data for 2024.

    Published values in that edition run from 2.213 to 350.57; lower is better.

    Position 26th of 110 · derived, 1st = worst.

    Chart and every countryThe 2024 dataset

  • Liner Shipping Connectivity IndexUNCTAD · 2026 · world median 56.2121.09No real change since 2016

    Grenada: 21.09 · world median 56.21 · LSCI (index, average Q1 2023 = 100). UN Trade and Development (UNCTAD), 2026 edition, data for 2026.

    Published values in that edition run from 4.13 to 1,319; higher is better.

    Ranked 139th of 175 by UNCTAD.

    Chart and every countryThe 2026 dataset

  • Government AI Readiness IndexOxford Insights · 2025 · world median 40.1919.36▼ Worsened since 2020

    Grenada: 19.36 · world median 40.19 · AI readiness score (0–100). Oxford Insights, 2025 edition, data for 2025.

    Published values in that edition run from 12.12 to 88.36; higher is better.

    Ranked 176th of 195 by Oxford Insights.

    Chart and every countryThe 2025 dataset

  • Food Production IndexFAO · 2022 · world median 106.0886.71No real change since 2012

    Grenada: 86.71 · world median 106.08 · Food production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.

    Published values in that edition run from 71.08 to 177.49; higher is better.

    Position 178th of 195 · derived.

    Chart and every countryThe 2022 dataset

  • Digitally-Deliverable Services ExportsUNCTAD · 2024 · world median 25.424.172▼ Worsened since 2022

    Grenada: 4.172 · world median 25.42 · Digitally-deliverable services exports (% of services exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.

    Published values in that edition run from 0.377 to 87.15; higher is better.

    Position 157th of 170 · derived.

    Chart and every countryThe 2024 dataset

  • Crop Production IndexFAO · 2022 · world median 106.2375.86▼ Worsened since 2012

    Grenada: 75.86 · world median 106.23 · Crop production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.

    Published values in that edition run from 53.79 to 189.93; higher is better.

    Position 185th of 195 · derived.

    Chart and every countryThe 2022 dataset

No better end19

These describe the shape of a country — more is not better or worse, only different — so they are never ahead or behind.

  • Foreign Direct Investment InflowsUNCTAD · 2025 · world median 1.96814.48No real change since 2015

    Grenada: 14.48 · world median 1.968 · FDI inflows (% of GDP). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.

    Published values in that edition run from -32.97 to 2,221.

    Chart and every countryThe 2025 dataset

  • Services ExportsUNCTAD · 2025 · world median 9.60252.85Moved since 2015

    Grenada: 52.85 · world median 9.602 · Services exports (% of GDP). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.

    Published values in that edition run from 0.085 to 166.21.

    Chart and every countryThe 2025 dataset

  • Tariff Rate, Applied, Weighted Mean, All ProductsWorld Bank Group · 2022 · world median 3.6612.98No real change since 2012

    Grenada: 12.98 · world median 3.66 · Applied tariff rate, trade-weighted mean (%). World Bank Group, 2022 edition, data for 2022.

    Published values in that edition run from 0 to 29.52.

    Chart and every countryThe 2022 dataset

  • Statutory Corporate Income Tax RateOECD · 2026 · world median 2428No real change since 2016

    Grenada: 28 · world median 24 · Combined statutory corporate income tax rate, central and sub-central government (%). OECD, 2026 edition, data for 2026.

    Published values in that edition run from 0 to 36.13.

    Chart and every countryThe 2026 dataset

  • Price Level of Household ConsumptionGGDC · 2023 · world median 0.5230.708No real change since 2013

    Grenada: 0.708 · world median 0.523 · Price level of household consumption (US output price level in 2021 = 1). Groningen Growth and Development Centre (GGDC), 2023 edition, data for 2023.

    Published values in that edition run from 0.177 to 65.54.

    Chart and every countryThe 2023 dataset

  • Tax Revenue (% of GDP)OECD · 2024 · world median 21.8523.5Moved since 2014

    Grenada: 23.5 · world median 21.85 · Total tax revenue, all levels of government (% of GDP). OECD, 2024 edition, data for 2024.

    Published values in that edition run from 3.11 to 45.18.

    Chart and every countryThe 2024 dataset

  • Statutory Minimum WageILO · 2024 · world median 657.95704.81Moved since 2014

    Grenada: 704.81 · world median 657.95 · Statutory minimum wage per month (2021 PPP $). International Labour Organization (ILO), 2024 edition, data for 2024.

    Published values in that edition run from 4.038 to 3,804.

    Chart and every countryThe 2024 dataset

  • Commodity Export DependenceUNCTAD · 2024 · world median 67.1754.29Moved since 2014

    Grenada: 54.29 · world median 67.17 · Commodity exports (% of merchandise exports, three-year average). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.

    Published values in that edition run from 4.605 to 99.77.

    Chart and every countryThe 2024 dataset

  • Scholarly ArticlesOurResearch · 2025 · world median 2,240467No real change since 2022

    Grenada: 467 · world median 2,240 · Articles with at least one author at an institution in the country (full counting). OpenAlex (OurResearch), 2025 edition, data for 2025.

    Published values in that edition run from 1 to 1,094,890.

    Chart and every countryThe 2025 dataset

  • Export Concentration IndexUNCTAD · 2025 · world median 0.3060.19Moved since 2015

    Grenada: 0.19 · world median 0.306 · Export concentration index (0–1, normalised Herfindahl–Hirschman). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.

    Published values in that edition run from 0.059 to 0.933.

    Chart and every countryThe 2025 dataset

  • Agriculture, Forestry and Fishing Value Added (% of GDP)World Bank Group · 2025 · world median 6.5722.54Moved since 2015

    Grenada: 2.54 · world median 6.572 · Agriculture, forestry and fishing value added (% of GDP). World Bank Group, 2025 edition, data for 2025.

    Published values in that edition run from 0.025 to 47.59.

    Position 120th of 158 · derived, counted from the highest value.

    Chart and every countryThe 2025 dataset

  • Creative Goods ExportsUNCTAD · 2024 · world median 1.2350.193Moved since 2014

    Grenada: 0.193 · world median 1.235 · Creative goods exports (% of merchandise exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.

    Published values in that edition run from 0 to 37.23.

    Chart and every countryThe 2024 dataset

  • Terms of Trade IndexUNCTAD · 2025 · world median 103.2391.96Moved since 2015

    Grenada: 91.96 · world median 103.23 · Terms of trade index (2015 = 100). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.

    Published values in that edition run from 38.2 to 1,448.

    Chart and every countryThe 2025 dataset

  • Inflation, GDP DeflatorWorld Bank Group · 2025 · world median 3.3060.658Moved since 2015

    Grenada: 0.658 · world median 3.306 · Annual change in the GDP implicit deflator (%). World Bank Group, 2025 edition, data for 2025.

    Published values in that edition run from -7.93 to 227.09.

    Chart and every countryThe 2025 dataset

  • Creative Services ExportsUNCTAD · 2024 · world median 6.1710.327Moved since 2014

    Grenada: 0.327 · world median 6.171 · Creative services exports (% of services exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.

    Published values in that edition run from 0.002 to 63.91.

    Chart and every countryThe 2024 dataset

  • Industry Value Added including Construction (% of GDP)World Bank Group · 2025 · world median 24.6515.49No real change since 2015

    Grenada: 15.49 · world median 24.65 · Industry, including construction, value added (% of GDP). World Bank Group, 2025 edition, data for 2025.

    Published values in that edition run from 2.228 to 75.09.

    Position 139th of 158 · derived, counted from the highest value.

    Chart and every countryThe 2025 dataset

  • Merchant Fleet by Country of OwnershipUNCTAD · 2026 · world median 275.731.56Moved since 2016

    Grenada: 1.56 · world median 275.73 · Merchant fleet owned (thousand dead-weight tons). UN Trade and Development (UNCTAD), 2026 edition, data for 2026.

    Published values in that edition run from 0 to 397,071.

    Chart and every countryThe 2026 dataset

  • Total Natural Resources Rents (% of GDP)World Bank Group · 2021 · world median 1.7080No real change since 2011

    Grenada: 0 · world median 1.708 · Natural resources rents (% of GDP). World Bank Group, 2021 edition, data for 2021.

    Published values in that edition run from 0 to 61.03.

    Position 180th of 180 · derived, counted from the highest value.

    Chart and every countryThe 2021 dataset

  • Manufacturing Value Added (% of GDP)World Bank Group · 2025 · world median 11.263.296Moved since 2015

    Grenada: 3.296 · world median 11.26 · Manufacturing value added (% of GDP). World Bank Group, 2025 edition, data for 2025.

    Published values in that edition run from 0.481 to 43.97.

    Position 127th of 132 · derived, counted from the highest value.

    Chart and every countryThe 2025 dataset

“Position · derived” is this site’s ordering of the published values, 1st = best unless the row says otherwise; the publisher ranks no country on it. Rank, position and standing

06The top of the list

Who leads on economy & innovation

The three countries placed highest of 176, and the leaders Grenada can most readily be measured against.

All 176 countries
  1. 1

    Austria

    Western Europe

    1st of 176 · 4 of 4 keys

    Photo: chensiyuan · CC BY-SA 4.0, greyscale

  2. 2

    Japan

    Eastern Asia

    2nd of 176 · 4 of 4 keys

    Photo: JurriaanH · CC BY-SA 3.0, greyscale

  3. 3

    Germany

    Western Europe

    3rd of 176 · 4 of 4 keys

    Photo: dronepicr · CC BY 2.0, greyscale

Placed highest nearby

  1. Highest in Americas

    Canada18th4/4 keys
  2. Highest in Caribbean

    Saint Lucia34th2/4 keys
  3. This page

    Grenada=77th2/4 keys

Positions out of 176 placed on the topic. A country needs readings on enough keys to be placed, and the top of the list is often held on fewer of them.

08Questions

Grenada on economy & innovation: questions answered

Every answer is built from the numbers on this page, so none can say something the page does not.

How does Grenada rank on economy & innovation?

Grenada is placed joint 77th of 176 countries on Economy & Innovation in the Country Index 2026, from 2 of its 4 key statistics (GDP per Capita (PPP) and Firms with a Bank Loan or Line of Credit). The position is this site’s ordering of published statistics, not a rank any publisher printed.

What is the latest GDP per Capita (PPP) figure for Grenada?

18,241 in 2025 (gDP per capita (constant 2021 international $, PPP)), according to World Bank Group. The world median in the same edition was 17,265.

What is the latest Firms with a Bank Loan or Line of Credit figure for Grenada?

39.29 in 2025 (firms with a bank loan or line of credit (%)), according to World Bank Group. The world median in the same edition was 35.95.

How have Grenada’s economy & innovation figures changed?

GDP per Capita (PPP) rose from 11,625 in 2000 to 18,241 in 2025.

Which economy & innovation statistics are missing for Grenada?

No current reading is published for Grenada on Account Ownership at a Financial Institution, Adjusted Net Savings, Average Monthly Earnings of Employees, Business Ready: Operational Efficiency, Business Ready: Public Services, Business Ready: Regulatory Framework, Complexity Outlook Index, Comprehensive Wealth per Capita, Container Port Traffic, Economic Complexity Index, Exports of Goods and Services (% of GDP), Foreign Value Added Share of Gross Exports, Frontier Technology Readiness Index, General Government Consumption, Gini Index, Gini Index of Disposable Income (SWIID), Global Innovation Index, GNI per Capita (PPP), Gross Capital Formation (% of GDP), Gross Savings (% of GDP), Historical GDP per Capita (Maddison), Household Consumption, ICT Services Exports, Imports of Goods and Services (% of GDP), Income Share Held by Lowest 20%, Income Share Held by Richest 10%, Informal Output (DGE Model Estimate), New Business Density, Palma Ratio, Research and Development Spending, Researchers per Million Inhabitants, Total Factor Productivity Level, Trade (% of GDP), Water-Use Efficiency and World Energy Trilemma Index. They are listed rather than hidden, so the evidence on the page can be checked against it.

09Method

Method, sources and how to cite

What this topic does not measure

The total size of an economy is deliberately left out: a very large economy spread over a very large population is not doing more for each person. Growth rates, trade shares and the structure of output (how much is farming, industry or services) are published here as context, because they describe an economy's shape rather than how well it serves people. Jobs and wages have their own topic, Work & Labour.

About economy & innovation, in full

How the Economy & Innovation standing is decided

A standing is this site’s ordering, named with its edition — never a publisher’s rank. 4 key statistics vote, one vote each; every country’s published value becomes a place within that key’s own field, the places are averaged, and the average is never published. A country needs 2 of the 4 keys to be placed.

The economy & innovation method, step by stepHow every standing on this site is built

The key statistics and their licences

The other 37 statistics on this page come from 8 publishers, each named beside its numbers, with every edition and licence on the datasets pages.

The standing itself is part of the Country Index 2026, published under CC BY-SA 4.0.

Photographs

Grenada’s banner and the countries placed highest, from their profiles: Wikimedia Commons, shown in greyscale, each used under the licence named.

Cite this page

Nations Inquiry (2026). Grenada: Economy & Innovation — standing and statistics, Country Index 2026. https://nationsinquiry.com/countries/grenada/economy

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