CountryFacts.com > Grenada > Economy
Google
CountryFacts.com
Top 10 Countries *
United States
China
Japan
India
Germany
France
United Kingdom
Italy
Russia
Brazil
* By Gross Domestic
   Market (2002)
Grenada Economy
GDP:
purchasing power parity - $440 million (2002 est.)
GDP - real growth rate:
2.5% (2002 est.)
GDP - per capita:
purchasing power parity - $5,000 (2002 est.)
GDP - composition by sector:
agriculture: 7.7%
industry: 23.9%
services: 68.4% (2000)
Population below poverty line:
32% (2000)
Household income or consumption by percentage share:
lowest 10%: NA
highest 10%: NA
Inflation rate (consumer prices):
2.8% (2001 est.)
Labor force:
42,300 (1996)
Labor force - by occupation:
agriculture 24%, industry 14%, services 62% (1999 est.)
Unemployment rate:
12.5% (2000)
Budget:
revenues: $85.8 million
expenditures: $102.1 million, including capital expenditures of $28 million (1997)
Industries:
food and beverages, textiles, light assembly operations, tourism, construction
Industrial production growth rate:
0.7% (1997 est.)
Electricity - production:
138 million kWh (2001)
Electricity - production by source:
fossil fuel: 100%
hydro: 0%
other: 0% (2001)
nuclear: 0%
Electricity - consumption:
128.3 million kWh (2001)
Electricity - exports:
0 kWh (2001)
Electricity - imports:
0 kWh (2001)
Oil - production:
0 bbl/day (2001 est.)
Oil - consumption:
1,000 bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Agriculture - products:
bananas, cocoa, nutmeg, mace, citrus, avocados, root crops, sugarcane, corn, vegetables
Exports:
$46 million (2002 est.)
Exports - commodities:
bananas, cocoa, nutmeg, fruit and vegetables, clothing, mace
Exports - partners:
US 14.9%, Germany 12.8%, Netherlands 8.5%, Saint Lucia 8.5%, Antigua and Barbuda 6.4%, UK 6.4%, Belgium 4.3%, Dominica 4.3%, France 4.3%, Saint Kitts and Nevis 4.3%, Trinidad and Tobago 4.3% (2003 est.)
Imports:
$208 million (2002 est.)
Imports - commodities:
food, manufactured goods, machinery, chemicals, fuel
Imports - partners:
US 29.3%, Trinidad and Tobago 26.2%, UK 5.1%, Japan 4.3% (2003 est.)
Debt - external:
$196 million (2000)
Economic aid - recipient:
$8.3 million (1995)
Currency:
East Caribbean dollar (XCD)
Currency code:
XCD
Exchange rates:
East Caribbean dollars per US dollar - 2.7 (2003), 2.7 (2002), 2.7 (2001), 2.7 (2000), 2.7 (1999)
Fiscal year:
calendar year
Copyright © 2017 Digital Properties, LLC All Rights Reserved.