Grenada flag

Grenada

Capital

St. George's

Region

Americas

Population

109,021

Area (km²)

344

💡Quick Summary

Grenada, a small island nation in the Caribbean region of the Americas, boasts a population of about 109,021 and covers just 344 km², making it one of the tiniest countries by land area. Its capital, St. George's, serves as a vibrant hub for tourism and spice exports, earning Grenada the nickname "Isle of Spice" for its nutmeg and mace production. With GDP data unavailable here, the economy thrives on agriculture, tourism, and offshore banking, blending stunning beaches with a resilient post-colonial history.

Key Insights

Inflation Managed Despite Global Pressures

The inflation rate of 2.696% is relatively moderate, especially when compared to the high inflation experienced globally in 2023. This suggests effective monetary or fiscal management, or strong supply chain stability, helping to maintain purchasing power for consumers.

Good Access to Electricity, but Urbanization is Low

Nearly all residents have access to electricity (94.4%), reflecting solid infrastructure development. However, the urban population remains relatively low at 36.46%, indicating that the majority of the population still resides in rural or peri-urban settings, a common pattern in smaller island states.

Relatively Low Fertility Suggests Aging Pressure

Grenada's fertility rate is 1.49 children per woman, significantly below the replacement level of 2.1. While life expectancy is good (75.21 years), this low fertility suggests future demographic challenges, including a shrinking working-age population and increased pressure on social services.

High Forest Cover for a Small Island Nation

Despite its small size and population density, over half of Grenada's land area remains covered by forests (52.06%). This high percentage is critical for biodiversity, watershed protection, and climate resilience, setting a positive environmental standard for the Caribbean region.

Economic Indicators
Latest economic data from World Bank

GDP (Current US$)

$1.34B

Year: 2023

GDP Per Capita

$11,414.48

GDP Growth (%)

4.53%

Inflation (%)

2.7%

Unemployment (%)

N/A%

Debt to GDP (%)

N/A%

Source: World Bank • Last updated: 12/24/2025

Historical Trends & Data Visualizations

GDP Growth Rate
Annual percentage change in GDP over time
2014201520162017201820192020202120222023-14.00%-7.00%0.00%7.00%14.00%
  • GDP Growth (%)
Population Growth
Total population over time
2014201520162017201820192020202120222023030,00060,00090,000120,000
  • Population
Life Expectancy
Average life expectancy at birth (years)
20142015201620172018201920202021202220230.0years20.0years40.0years60.0years80.0years
  • Life Expectancy (years)
Renewable Energy Consumption
Percentage of total energy from renewable sources
2014201520162017201820192020202120220.0%3.0%6.0%9.0%12.0%
  • Renewable Energy (%)
GDP Per Capita
Economic output per person (current US$)
2014201520162017201820192020202120222023$0$3,000$6,000$9,000$12,000
  • GDP Per Capita ($)

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