Agriculture > products
bananas, cocoa, nutmeg, mace, citrus, avocados, root crops, sugarcane, corn, vegetables |
|
Aid as % of GDP
|
4% |
|
[55th of 129]
|
|
Definition: Economy > Aid as % of GDP |
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Source: CIA World Factbook, 28 July 2005 |
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Current account balance
|
-$138,000,000.00 |
|
[80th of 181]
|
|
Definition: Economy > Current account balance |
|
Source: calculated on the basis of data on ODA from OECD (Organisation for Economic Co-operation and Development), Development Assistance Committee. 2002. DAC Online. Database. Paris.; and data on GDP from World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC |
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Debt > External
|
$347,000,000.00 |
|
[16th of 136]
|
|
Definition: Economy > Debt > External |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
Economy > Overview
Grenada relies on tourism as its main source of foreign exchange, especially since the construction of an international airport in 1985. Strong performances in construction and manufacturing, together with the development of an offshore financial industry, have also contributed to growth in national output. Grenada has rebounded from the devastating effects of Hurricanes Ivan (2004) and Emily (2005), but is now saddled with the debt burden from the rebuilding process. The agricultural sector, particularly nutmeg and cocoa cultivation, has gradually recovered, and the tourism sector has seen substantial increases in foreign direct investment as the regional share of the tourism market increases. |
|
Definition: Economy > Economy > Overview |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
Exchange rates
East Caribbean dollars per US dollar - 2.7 (2004), 2.7 (2003), 2.7 (2002), 2.7 (2001), 2.7 (2000) |
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Definition: Economy > Exchange rates |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
Exports
|
$38,000,000.00 |
|
[181st of 189]
|
|
Definition: Economy > Exports |
|
Source: CIA World Factbook, 28 July 2005 |
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Exports to US
|
$1,600,000.00 |
|
[168th of 224]
|
|
Definition: Economy > Exports to US |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
GDP
|
$519,259,300.00 |
|
[155th of 203]
|
|
Definition: Economy > GDP |
|
Source: US Census Bureau |
|
GDP (purchasing power parity)
|
$1,108,000,000.00 |
|
[177th of 187]
|
|
Definition: Economy > GDP (purchasing power parity) |
|
Source: World Development Indicators database and CIA World Factbook |
|
GDP > PPP
|
$840,000,000.00 |
|
[157th of 163]
|
|
Definition: Economy > GDP > PPP |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
GDP > Real growth rate
|
3.1% |
|
[143rd of 198]
|
|
Definition: Economy > GDP > Real growth rate |
|
Source: World Bank. 2005. World Development Indicators 2005. |
|
GDP growth > annual %
|
-4.06 annual %
|
|
[181st of 187]
|
|
Definition: Economy > GDP growth > annual % |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
GDP per capita, PPP > current international $
|
7,613.27 PPP $
|
|
[67th of 169]
|
|
Definition: Economy > GDP per capita, PPP > current international $ |
|
Source: World Development Indicators database |
|
Gross National Income
|
$362,578,000.00 |
|
[156th of 172]
|
|
Definition: Economy > Gross National Income |
|
Source: World Development Indicators database |
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Gross national income > constant LCU
|
768681200 |
|
|
|
Definition: Economy > Gross national income > constant LCU |
|
Human Development Index
|
0.787 |
|
[66th of 178]
|
|
Definition: Economy > Human Development Index |
|
Source: World Development Indicators database |
|
Inflation rate (consumer prices)
|
3.7% |
|
[118th of 192]
|
|
Definition: Economy > Inflation rate (consumer prices) |
|
Source: Human Development Report 2006, United Nations Development Programme |
|
Population below poverty line
|
32% |
|
[8th of 46]
|
|
Definition: Economy > Population below poverty line |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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Tourist arrivals
|
111,000 |
|
[114th of 152]
|
|
Definition: Economy > Tourist arrivals |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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