Support Our Sponsor
. . Flags of the World Maps of All Countries

  • |SEARCH|
  • |Main INDEX|
  • 2006 INDEX
  • Country Ranks
  • DEFINITIONS

    Grenada Index 2006

    Grenada Main Index


    . Feedback
  • geographic.org Home PageCountry Index

    Grenada Economy - 2006
    http://www.theodora.com/wfbcurrent/grenada/grenada_economy.html
    SOURCE: 2006 CIA WORLD FACTBOOK

      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.

      GDP (purchasing power parity):
      $440 million (2002 est.)

      GDP (official exchange rate):
      NA

      GDP - real growth rate:
      2.5% (2002 est.)

      GDP - per capita (PPP):
      $5,000 (2002 est.)

      GDP - composition by sector:
      agriculture: 7.7%
      industry: 23.9%
      services: 68.4% (2000)

      Labor force:
      42,300 (1996)

      Labor force - by occupation:
      agriculture: 24%
      industry: 14%
      services: 62% (1999 est.)

      Unemployment rate:
      12.5% (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.)

      Budget:
      revenues: $85.8 million
      expenditures: $102.1 million; including capital expenditures of $28 million (1997)

      Agriculture - products:
      bananas, cocoa, nutmeg, mace, citrus, avocados, root crops, sugarcane, corn, vegetables

      Industries:
      food and beverages, textiles, light assembly operations, tourism, construction

      Industrial production growth rate:
      0.7% (1997 est.)

      Electricity - production:
      159.8 million kWh (2003)

      Electricity - consumption:
      148.6 million kWh (2003)

      Electricity - exports:
      0 kWh (2003)

      Electricity - imports:
      0 kWh (2003)

      Oil - production:
      0 bbl/day (2003 est.)

      Oil - consumption:
      1,800 bbl/day (2003 est.)

      Oil - exports:
      NA bbl/day

      Oil - imports:
      NA bbl/day

      Natural gas - production:
      0 cu m (2003 est.)

      Natural gas - consumption:
      0 cu m (2003 est.)

      Exports:
      $40 million (2004 est.)

      Exports - commodities:
      bananas, cocoa, nutmeg, fruit and vegetables, clothing, mace

      Exports - partners:
      Saint Lucia 12.7%, US 12.2%, Antigua and Barbuda 8.7%, Netherlands 7.9%, Saint Kitts and Nevis 7.8%, Dominica 7.8%, Germany 7.1%, France 4.6% (2004)

      Imports:
      $276 million (2004 est.)

      Imports - commodities:
      food, manufactured goods, machinery, chemicals, fuel

      Imports - partners:
      Trinidad and Tobago 29.6%, US 27.8%, UK 4.8% (2004)

      Debt - external:
      $196 million (2000)

      Economic aid - recipient:
      $8.3 million (1995)

      Currency (code):
      East Caribbean dollar (XCD)

      Exchange rates:
      East Caribbean dollars per US dollar - 2.7 (2005), 2.7 (2004), 2.7 (2003), 2.7 (2002), 2.7 (2001)

      Fiscal year:
      calendar year


      NOTE: The information regarding Grenada on this page is re-published from the 2006 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Grenada Economy 2006 information contained here. All suggestions for corrections of any errors about Grenada Economy 2006 should be addressed to the CIA.

    Support Our Sponsor

    Support Our Sponsor

    Please ADD this page to your FAVORITES - - - - -


    http://www.theodora.com/wfbcurrent/grenada/grenada_economy.html

    Revised 06-Jun-06
    Copyright © 2006 Photius Coutsoukis (all rights reserved)


    CTR060106