Agriculture > products
bananas, cocoa, nutmeg, mace, citrus, avocados, root crops, sugarcane, corn, vegetables |
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Aid as % of GDP
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4% |
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[55th of 129]
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Definition: Economy > Aid as % of GDP |
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Current account balance
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-$138,000,000.00 |
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[80th of 181]
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Definition: Economy > Current account balance |
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Debt > External
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$347,000,000.00 |
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[16th of 136]
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Definition: Economy > Debt > External |
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. |
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Definition: Economy > Economy > Overview |
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 |
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Exports
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$38,000,000.00 |
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[181st of 189]
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Definition: Economy > Exports |
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Exports to US
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$1,600,000.00 |
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[168th of 224]
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Definition: Economy > Exports to US |
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GDP
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$519,259,300.00 |
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[155th of 203]
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Definition: Economy > GDP |
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GDP (purchasing power parity)
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$1,108,000,000.00 |
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[177th of 187]
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Definition: Economy > GDP (purchasing power parity) |
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GDP > PPP
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$840,000,000.00 |
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[157th of 163]
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Definition: Economy > GDP > PPP |
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GDP > Real growth rate
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3.1% |
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[143rd of 198]
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Definition: Economy > GDP > Real growth rate |
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GDP growth > annual %
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-4.06 annual %
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[181st of 187]
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Definition: Economy > GDP growth > annual % |
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GDP per capita, PPP > current international $
|
7,613.27 PPP $
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[67th of 169]
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Definition: Economy > GDP per capita, PPP > current international $ |
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Gross National Income
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$362,578,000.00 |
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[156th of 172]
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Definition: Economy > Gross National Income |
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Gross national income > constant LCU
|
768681200 |
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|
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Definition: Economy > Gross national income > constant LCU |
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Human Development Index
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0.787 |
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[66th of 178]
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Definition: Economy > Human Development Index |
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Inflation rate (consumer prices)
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3.7% |
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[118th of 192]
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Definition: Economy > Inflation rate (consumer prices) |
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Population below poverty line
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32% |
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[8th of 46]
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Definition: Economy > Population below poverty line |
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Tourist arrivals
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111,000 |
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[114th of 152]
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Definition: Economy > Tourist arrivals |
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