
Photo: Dirk.heldmaier derivative work: Inkey · CC BY-SA 3.0 · via Wikimedia Commons, shown in greyscale
Topic 02 of 18 · Country Index 2026
Grenada: Economy & Innovation
What does an economy do for the people inside it?
Grenada is placed joint 77th of 176 countries on economy & innovation in the Country Index 2026, from 2 of its 4 key statistics. Readings behind it: GDP per Capita (PPP) 18,241 (2025); Firms with a Bank Loan or Line of Credit 39.29 (2025).
Share
Economy & Innovation
joint77th
of 176 countries placed
Placed from 2 of 4 key statistics
- 18,241GDP per Capita (PPP), 2025GDP per capita (constant 2021 international $, PPP)
- 39.29Firms with a Bank Loan or Line of Credit, 2025Firms with a bank loan or line of credit (%)
- —Economic Complexity Index, 2024No reading for this country
- —Account Ownership at a Financial Institution, 2024No reading for this country
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.
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
Key 2 of 4
Firms with a Bank Loan or Line of Credit
World Bank Group
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
Key 3 of 4
Economic Complexity Index
Growth Lab at Harvard University
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
Key 4 of 4
Account Ownership at a Financial Institution
World Bank Group
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
02Over time
Which way Grenada is moving
Each key’s published value, edition by edition, beside the world median. The Country Index 2026 is the first edition of the standing, so the standing itself has no history to chart yet.
GDP per Capita (PPP)
GDP per capita (constant 2021 international $, PPP) · higher is better
GrenadaWorld median
Grenada rose from 11,625 in 2000 to 18,241 in 2025; the world median went from 10,589 to 17,265.
Every year’s figures
Year Grenada World median 2025 18,241 17,265 2024 17,485 18,108 2023 17,093 17,686 2022 16,376 16,933 2021 15,290 16,260 2020 14,648 15,631 2019 17,037 16,761 2018 16,965 16,349 2017 16,291 16,129 2016 15,641 15,512 2015 15,137 14,857 2014 14,288 14,475 2013 13,386 14,681 2012 13,161 14,631 2011 13,398 13,916 2010 13,355 14,101 2009 13,464 13,655 2008 14,464 14,030 2007 14,376 13,755 2006 13,594 12,983 2005 14,212 12,023 2004 12,593 11,608 2003 12,727 11,183 2002 11,678 11,144 2001 11,333 10,907 2000 11,625 10,589
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.
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.
| Country | Standing | GDP 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+) |
|---|---|---|---|---|---|
| 34th | 24,503 | 57.57 | — | — | |
| 67th | 24,543 | 53.55 | 0.034 | 64.78 | |
| 72nd | 30,620 | 33.01 | — | — | |
| =77th | 18,241 | 39.29 | — | — | |
| =80th | 31,722 | 28.63 | 0.056 | 74.59 | |
| 85th | 19,483 | 35.66 | — | — | |
| 93rd | 11,358 | 47.74 | -0.351 | — | |
| 96th | 22,127 | 26.93 | — | — | |
| =151st | 2,678 | — | -0.558 | — | |
| not placed | — | — | — | — | |
| not placed | — | — | — | — | |
| not placed | — | 34.24 | — | — | |
| not placed | — | — | — | — | |
| not placed | — | — | — | — | |
| not placed | — | — | -1.048 | — | |
| not placed | — | — | — | — | |
| not placed | 19,409 | 32.81 | — | — | |
| not placed | — | — | — | — | |
| not placed | 44,603 | — | — | — | |
| not placed | 31,428 | 49.32 | — | — | |
| not placed | — | — | — | — | |
| not placed | 48,273 | — | — | — | |
| not placed | — | — | — | — | |
| not placed | — | — | — | — |
“—”: no published reading in that edition. What a standing is
Across Caribbean
Every country in the sub-region, by its place among all 176.
Saint Lucia34th
Dominican Republic67th
Antigua and Barbuda72nd
Grenada=77th
Trinidad and Tobago=80th
Saint Vincent and the Grenadines85th
Jamaica93rd
Barbados96th
Haiti=151st
Anguillanot placed
Arubanot placed
Bahamasnot placed
British Virgin Islandsnot placed
Cayman Islandsnot placed
Cubanot placed
Curaçaonot placed
Dominicanot placed
Montserratnot placed
Puerto Riconot placed
Saint Kitts and Nevisnot placed
Saint Martinnot placed
Sint Maartennot placed
Turks and Caicos Islandsnot placed
United States Virgin Islandsnot placed
Placed either side on economy & innovation
The countries immediately above and below Grenada in the topic’s list.
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.
Ahead of the world median8
Statistics on which Grenada does better than the middle country measured.
Livestock Production IndexFAO · 2022 · world median 107.06137.37107.06▲ 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.
Debt Service on External DebtWorld Bank Group · 2024 · world median 12.934.8512.93▲ 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.
ICT Goods ExportsUNCTAD · 2024 · world median 0.9755.360.975No 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.
GDP GrowthWorld Bank Group · 2025 · world median 3.3964.4123.396▼ 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.
Productive Capacities IndexUNCTAD · 2022 · world median 46.6749.7146.67▲ 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.
Firms Competing Against Informal FirmsWorld Bank Group · 2026 · world median 41.8136.6241.81No 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.
Interest Payments on External DebtWorld Bank Group · 2024 · world median 1.4511.2261.451▲ 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.
Regulatory QualityWorld Bank Group · 2025 · world median -0.093-0.026-0.093No 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.
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 12,80012,55012,800No 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.
Management Practices IndexWorld Bank Group · 2026 · world median 52.3948.3252.39No 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.
Firms with an International Quality CertificationWorld Bank Group · 2026 · world median 10.46.2310.4No 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.
Logistics Performance IndexWorld Bank Group · 2023 · world median 2.92.52.9No 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.
External Debt Stocks (% of GNI)World Bank Group · 2024 · world median 43.9468.5943.94▲ 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.
Liner Shipping Connectivity IndexUNCTAD · 2026 · world median 56.2121.0956.21No 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.
Government AI Readiness IndexOxford Insights · 2025 · world median 40.1919.3640.19▼ 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.
Food Production IndexFAO · 2022 · world median 106.0886.71106.08No 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.
Digitally-Deliverable Services ExportsUNCTAD · 2024 · world median 25.424.17225.42▼ 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.
Crop Production IndexFAO · 2022 · world median 106.2375.86106.23▼ 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.
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 1.96814.481.968No 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.
Services ExportsUNCTAD · 2025 · world median 9.60252.859.602Moved 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.
Tariff Rate, Applied, Weighted Mean, All ProductsWorld Bank Group · 2022 · world median 3.6612.983.66No 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.
Statutory Corporate Income Tax RateOECD · 2026 · world median 242824No 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.
Price Level of Household ConsumptionGGDC · 2023 · world median 0.5230.7080.523No 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.
Tax Revenue (% of GDP)OECD · 2024 · world median 21.8523.521.85Moved 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.
Statutory Minimum WageILO · 2024 · world median 657.95704.81657.95Moved 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.
Commodity Export DependenceUNCTAD · 2024 · world median 67.1754.2967.17Moved 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.
Scholarly ArticlesOurResearch · 2025 · world median 2,2404672,240No 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.
Export Concentration IndexUNCTAD · 2025 · world median 0.3060.190.306Moved 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.
Agriculture, Forestry and Fishing Value Added (% of GDP)World Bank Group · 2025 · world median 6.5722.546.572Moved 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.
Creative Goods ExportsUNCTAD · 2024 · world median 1.2350.1931.235Moved 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.
Terms of Trade IndexUNCTAD · 2025 · world median 103.2391.96103.23Moved 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.
Inflation, GDP DeflatorWorld Bank Group · 2025 · world median 3.3060.6583.306Moved 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.
Creative Services ExportsUNCTAD · 2024 · world median 6.1710.3276.171Moved 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.
Industry Value Added including Construction (% of GDP)World Bank Group · 2025 · world median 24.6515.4924.65No 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.
Merchant Fleet by Country of OwnershipUNCTAD · 2026 · world median 275.731.56275.73Moved 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.
Total Natural Resources Rents (% of GDP)World Bank Group · 2021 · world median 1.70801.708No 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.
Manufacturing Value Added (% of GDP)World Bank Group · 2025 · world median 11.263.29611.26Moved 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.
No current reading for Grenada
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 (last 2022), 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 (last 2018), Gini Index of Disposable Income (SWIID) (last 2018), Global Innovation Index, GNI per Capita (PPP) (last 2021), 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% (last 2018), Income Share Held by Richest 10% (last 2018), Informal Output (DGE Model Estimate), New Business Density, Palma Ratio (last 2018), Research and Development Spending, Researchers per Million Inhabitants, Total Factor Productivity Level, Trade (% of GDP), Water-Use Efficiency and World Energy Trilemma Index. Listed rather than hidden, so the page can be checked against it.
“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
05Country Index 2026
Economy & Innovation among Grenada’s 14 topics
Economy & Innovation is Grenada’s 5th best-placed topic of 14. Strongest first, each marker at its share of that topic’s field.
- Democracy & Civil Libertiesjoint 38th of 1983/4 keys
- Risk & Resilience46th of 1933/4 keys
- Gender & Equality54th of 1832/4 keys
- Mobility & Trade72nd of 1774/4 keys
- Economy & Innovationjoint 77th of 1762/4 keys
- Development & Human Capital92nd of 1963/3 keys
- Environment & Sustainabilityjoint 91st of 1864/4 keys
- Food & Agriculture93rd of 1843/4 keys
- Health & Wellbeing103rd of 2003/4 keys
- Governance & Institutionsjoint 106th of 1943/4 keys
- Poverty & Inequality88th of 1593/3 keys
- Education & Knowledge110th of 1983/4 keys
- Digital & Technology187th of 1983/4 keys
- Energy160th of 1652/3 keys
No standing on Work & Labour, Peace & Security: too few of those topics’ key statistics are published for this country.
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.
1Austria
Western Europe
1st of 176 · 4 of 4 keys
Photo: chensiyuan · CC BY-SA 4.0, greyscale
2Japan
Eastern Asia
2nd of 176 · 4 of 4 keys
Photo: JurriaanH · CC BY-SA 3.0, greyscale
3Germany
Western Europe
3rd of 176 · 4 of 4 keys
Placed highest nearby
Highest in Americas
Canada18th4/4 keys
Highest in Caribbean
Saint Lucia34th2/4 keys
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.
07Analysis
Charts and analysis about Grenada and economy & innovation

On economy & innovation
China Leads Global High-Technology Exports
The world’s ten largest high-technology exporters as a treemap, with the rest of the world beside them. Each country’s figure is its own most recent year, between 2022 and 2024.

On economy & innovation
India vs Pakistan 2025: Comparison of Hunger Index, Happiness, HDI, Rule of Law, Literacy & GDP
India and Pakistan on six published measures: hunger, happiness, human development, rule of law, literacy and GDP per capita, each from its own publisher and year.

On economy & innovation
Countries in Asia with the highest average salaries 2024
Thirteen Asian countries by gross average monthly wage, each carrying its WORLD rank rather than an Asian one — so the numbers skip, from 11th place to 45th.
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.
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
- GDP per Capita (PPP) — World Bank Group, CC BY 4.0
- Firms with a Bank Loan or Line of Credit — World Bank Group, CC BY 4.0
- Economic Complexity Index — Growth Lab at Harvard University, CC0 1.0
- Account Ownership at a Financial Institution — World Bank Group, CC BY 4.0
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.
- Grenada (banner) — Dirk.heldmaier derivative work: Inkey, CC BY-SA 3.0
- Austria — chensiyuan, CC BY-SA 4.0
- Japan — JurriaanH, CC BY-SA 3.0
- Germany — dronepicr, CC BY 2.0
Cite this page
Nations Inquiry (2026). Grenada: Economy & Innovation — standing and statistics, Country Index 2026. https://nationsinquiry.com/countries/grenada/economy