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Population: 104,000
                    GRENADA                                                                                                    Area: 344 sq km (133 sq miles)



                                                                   MAIN ECONOMIC INDICATORS
                                                            2000         2001        2002                   2003     2004    2005     2006         2007      2008     2009    2010
               GDP ($US, billions)                           0.43        0.42        0.44                   0.48     0.47    0.55     0.56         0.61       0.68    0.62    0.65

                GDP (% change)                               7.0         -3.0         1.6                    7.1     -5.7    11.0      -2.3         4.9       2.2     -7.7     0.8

             GDP per capita ($US)                           4,253        4,181      4,287                   4,708    4,601   5,377    5,480        5,926     6,587    5,969   6,264

Current account balance ($US, billions)                     -0.08        -0.08       -0.12                  -0.12    -0.04   -0.17    -0.19        -0.26     -0.26    -0.16   -0.16

    Current account balance (% of GDP)                      -17.7        -19.7       -26.6                  -25.3    -9.0    -31.3    -33.2        -43.2     -38.7    -25.7   -25.0

              Inflation (% change)                           2.1          1.7         1.1                    2.2      2.3     3.5      4.2          3.9       8.0     -0.3     3.6

             Unemployment+ (%)                                 -           -           -                      -        -       -        -            -         -        -       -

                       GDP (% change)            Inflation (% change)                                                         GDP           Current account balance

      12.0                                                                                                   0.70
      10.0
       8.0                                                                                                   0.50
       6.0



                                                                                             $US Billions
       4.0                                                                                                   0.30
%      2.0
       0.0                                                                                                   0.10
      -2.0   2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
      -4.0                                                                                                  -0.10   2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
      -6.0
      -8.0                                                                                                  -0.30
                                                                    Source: IMF World Economic Outlook April 2010
+
 Source: The World Bank - http://databank.worldbank.org
*Numbers in italics represent estimates
Population: 104,000
                    GRENADA                                                                                         Area: 344 sq km (133 sq miles)



                                                     MAIN TRADE INDICATORS – GOODS
                                                               2004                      2005                        2006                2007                   2008
    Trade Balance ($US thousands)                           -218,908                   -306,389                     -273,537            -331,714               -265,809
 Total Exported Value ($US thousands)                         31,574                    27,645                      25,371               33,411                37,685
 Total Imported Value ($US thousands)                         250,482                   334,034                     298,908             365,125                303,494

              Top 10 Markets by % of Total Exported Value (2007)                                Top 10 Markets by % of Total Imported Value (2007)

                         Japan                                       19%            United States of America                                                       36%
     United States of America                                  17%                      Trinidad and Tobago                                             28%
                        France                          14%                                            Japan              5%
                    Saint Lucia              8%                                              United Kingdom              4%
                     Dominica               7%                                                         China           3%
                     Barbados          5%                                                             Canada          2%
                  Netherlands          5%                                                         Venezuela           2%
         Saint Kitts and Nevis        5%                                                                Brazil        2%
         Trinidad and Tobago        4%                                                           Netherlands          2%
 St Vincent & the Grenadines       3%                                                              Barbados           2%

    Paper & Top 5 Exports by % of Total Exported Value (2008)                                     Top 5 Imports by % of Total Imported Value (2008)
 paperboard,
articles of pulp,                                      Milling
                                                                                                                                 Cereals, 5%
       6%                                         products, malt,
                Ships, boats                      starches, wheat
                  and other                          gluten, 7%                                                                            Vehicles other
                   floating                                                                    Mineral fuels,                              than railway,
              structures, 29%                                                                  oils, distillation                          tramway, 5%
                                                    Coffee, tea,                               products, 20%
                     Fish,                                                                                                                        Nuclear
                                                     mate and
                 crustaceans,                                                                                                                    reactors,
                                                    spices, 14%
                   molluscs,                                                                                                                      boilers,
                    aquatic                                                                               Electrical,                          machinery, 6%
                invertebrates,                                                                            electronic
                     16%                                                                                equipment, 8%
                                                        Source: International Trade Centre – www.trademap.org
Population: 104,000
                  GRENADA                                                                                       Area: 344 sq km (133 sq miles)



                                                  MAIN TRADE INDICATORS – SERVICES
                                                       2004                 2005                     2006                       2007               2008
   Trade Balance ($US thousands)                       68,470              19,610                   28,840                     36,560             35,659
Total Exported Value ($US thousands)                  160,220              116,000                 130,010                     147,440            149,036
Total Imported Value ($US thousands)                   91,750              96,390                  101,170                     110,880            113,377

              Top Exports by % of Total Exported Value (2008)                                   Top Imports by % of Total Imported Value (2008)

                   Travel                                            70%                            Transportation                                    48%

                                                                                                 Insurance services               13%
          Transportation            9%
                                                                                            Other business services             11%
Communications services             9%
                                                                                                              Travel            10%

  Other business services         7%                                                          Government services          6%

                                                                                              Construction services       5%
       Insurance services      4%
                                                                                          Communications services        3%
    Government services      1%
                                                                                          Royalties and license fees    3%
Royalties and license fees   0.001%                                                Computer & information services     0.01%

                                                      Source: International Trade Centre – www.trademap.org

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Grenada -Trade Profile UWI's Shridath Ramphal Centre

  • 1. Population: 104,000 GRENADA Area: 344 sq km (133 sq miles) MAIN ECONOMIC INDICATORS 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 GDP ($US, billions) 0.43 0.42 0.44 0.48 0.47 0.55 0.56 0.61 0.68 0.62 0.65 GDP (% change) 7.0 -3.0 1.6 7.1 -5.7 11.0 -2.3 4.9 2.2 -7.7 0.8 GDP per capita ($US) 4,253 4,181 4,287 4,708 4,601 5,377 5,480 5,926 6,587 5,969 6,264 Current account balance ($US, billions) -0.08 -0.08 -0.12 -0.12 -0.04 -0.17 -0.19 -0.26 -0.26 -0.16 -0.16 Current account balance (% of GDP) -17.7 -19.7 -26.6 -25.3 -9.0 -31.3 -33.2 -43.2 -38.7 -25.7 -25.0 Inflation (% change) 2.1 1.7 1.1 2.2 2.3 3.5 4.2 3.9 8.0 -0.3 3.6 Unemployment+ (%) - - - - - - - - - - - GDP (% change) Inflation (% change) GDP Current account balance 12.0 0.70 10.0 8.0 0.50 6.0 $US Billions 4.0 0.30 % 2.0 0.0 0.10 -2.0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 -4.0 -0.10 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 -6.0 -8.0 -0.30 Source: IMF World Economic Outlook April 2010 + Source: The World Bank - http://databank.worldbank.org *Numbers in italics represent estimates
  • 2. Population: 104,000 GRENADA Area: 344 sq km (133 sq miles) MAIN TRADE INDICATORS – GOODS 2004 2005 2006 2007 2008 Trade Balance ($US thousands) -218,908 -306,389 -273,537 -331,714 -265,809 Total Exported Value ($US thousands) 31,574 27,645 25,371 33,411 37,685 Total Imported Value ($US thousands) 250,482 334,034 298,908 365,125 303,494 Top 10 Markets by % of Total Exported Value (2007) Top 10 Markets by % of Total Imported Value (2007) Japan 19% United States of America 36% United States of America 17% Trinidad and Tobago 28% France 14% Japan 5% Saint Lucia 8% United Kingdom 4% Dominica 7% China 3% Barbados 5% Canada 2% Netherlands 5% Venezuela 2% Saint Kitts and Nevis 5% Brazil 2% Trinidad and Tobago 4% Netherlands 2% St Vincent & the Grenadines 3% Barbados 2% Paper & Top 5 Exports by % of Total Exported Value (2008) Top 5 Imports by % of Total Imported Value (2008) paperboard, articles of pulp, Milling Cereals, 5% 6% products, malt, Ships, boats starches, wheat and other gluten, 7% Vehicles other floating Mineral fuels, than railway, structures, 29% oils, distillation tramway, 5% Coffee, tea, products, 20% Fish, Nuclear mate and crustaceans, reactors, spices, 14% molluscs, boilers, aquatic Electrical, machinery, 6% invertebrates, electronic 16% equipment, 8% Source: International Trade Centre – www.trademap.org
  • 3. Population: 104,000 GRENADA Area: 344 sq km (133 sq miles) MAIN TRADE INDICATORS – SERVICES 2004 2005 2006 2007 2008 Trade Balance ($US thousands) 68,470 19,610 28,840 36,560 35,659 Total Exported Value ($US thousands) 160,220 116,000 130,010 147,440 149,036 Total Imported Value ($US thousands) 91,750 96,390 101,170 110,880 113,377 Top Exports by % of Total Exported Value (2008) Top Imports by % of Total Imported Value (2008) Travel 70% Transportation 48% Insurance services 13% Transportation 9% Other business services 11% Communications services 9% Travel 10% Other business services 7% Government services 6% Construction services 5% Insurance services 4% Communications services 3% Government services 1% Royalties and license fees 3% Royalties and license fees 0.001% Computer & information services 0.01% Source: International Trade Centre – www.trademap.org