| People | Grenada |
 = Fields  = World Records  = Dictionary  = Bar graph  = Distribution map  = Fields History  = Definitions |
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. |
GDP (purchasing power parity):
|
$982 million (2006 est.) |
GDP (official exchange rate):
|
$553 million (2007 est.) |
GDP - real growth rate:
|
0.9% (2005 est.) |
GDP - per capita (PPP):
|
$3,900 (2005 est.) |
GDP - composition by sector:
|
agriculture: 5.4%
industry: 18%
services: 76.6% (2003) |
Investment (gross fixed):
|
void |
Population below poverty line:
|
32% (2000) |
Household income or consumption by percentage share:
|
lowest 10%: NA%
highest 10%: NA% |
Distribution of family income - Gini index:
|
void |
Inflation rate (consumer prices):
|
3% (2005 est.) |
Labor force:
|
42,300 (1996) |
Labor force participation rate:
|
46.82 % of population |
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 (1997) |
Budget revenues per capita:
|
950 USD per capita |
Public debt:
|
void |
Industries:
|
food and beverages, textiles, light assembly operations, tourism, construction |
Industrial production growth rate:
|
0.7% (1997 est.) |
Electricity - production:
|
150 million kWh (2005) |
Electricity - production per capita:
|
1,661 kWh per capita |
Electricity - consumption:
|
139.5 million kWh (2005) |
Electricity - consumption - per capita:
|
1,545 kWh per capita |
Electricity - exports:
|
0 kWh (2005) |
Electricity - imports:
|
0 kWh (2005) |
Oil - production:
|
0 bbl/day (2005 est.) |
Oil - production per capita:
|
void |
Oil - consumption:
|
1,800 bbl/day (2005 est.) |
Oil - consumption - per capita:
|
7.27 bbl/year per capita |
Oil - exports:
|
0 bbl/day (2004) |
Oil - imports:
|
1,776 bbl/day (2004) |
Oil - proved reserves:
|
0 bbl (1 January 2006 est.) |
Natural gas - production:
|
0 cu m (2005 est.) |
Natural gas - production per capita:
|
void |
Natural gas - consumption:
|
0 cu m (2005 est.) |
Natural gas - consumption - per capita:
|
void |
Natural gas - exports:
|
0 cu m (2005 est.) |
Natural gas - imports:
|
0 cu m (2005) |
Natural gas - proved reserves:
|
0 cu m (1 January 2006 est.) |
Agriculture - products:
|
bananas, cocoa, nutmeg, mace, citrus, avocados, root crops, sugarcane, corn, vegetables |
Current account balance:
|
void |
Current account balance - per capita:
|
void |
Exports:
|
$38 million (2006) |
Exports per capita:
|
421 USD per capita |
Exports - commodities:
|
bananas, cocoa, nutmeg, fruit and vegetables, clothing, mace |
Exports - partners:
|
Saint Lucia 18.8%, Antigua and Barbuda 12.8%, Saint Kitts & Nevis 11.5%, Dominica 11.4%, US 11.4% (2006) |
Imports:
|
$343 million (2006) |
Imports per capita:
|
3,797 USD per capita |
Imports - commodities:
|
food, manufactured goods, machinery, chemicals, fuel |
Imports - partners:
|
Trinidad and Tobago 33.7%, US 24.2%, UK 4.3% (2006) |
Reserves of foreign exchange and gold:
|
void |
Reserves of foreign exchange and gold - per capita:
|
void |
Debt - external:
|
$347 million (2004) |
Debt - external - per capita:
|
3,841 USD per capita |
Stock of direct foreign investment - at home:
|
void |
Stock of direct foreign investment - abroad:
|
void |
Market value of publicly traded shares:
|
$NA |
Economic aid - donor:
|
void |
Economic aid - recipient:
|
$44.87 million (2005) |
Economic aid - recipient per capita:
|
497 USD per capita |
Currency (code):
|
East Caribbean dollar (XCD) |
Exchange rates:
|
East Caribbean dollars per US dollar - 2.7 (2007), 2.7 (2006), 2.7 (2005), 2.7 (2004), 2.7 (2003) |
Fiscal year:
|
calendar year |
|
= Fields = World Records = Dictionary = Bar graph = Distribution map = Fields History = Definitions |
|
Home 
Geographic Names
Chiefs of State
Intl. Organizations
Intl. Environmental Agree.
Other References
