Imports$284.4 million (2010 est.)
Exports$38.69 million (2009 est.)
Inflation rate (consumer prices)4% (2011 est.)
Unemployment rate25% (2008)
GDP - per capita (PPP)$14,100 (2011 est.)
National product real growth rate0.8% (2010 est.)
Internet users25,000 (2009)
Telephones - mobile cellular121,900 (2009)
Population growth rate0.538% (2012 est.)
Population109,011 (July 2012 est.)
About this country
Carib Indians inhabited Grenada when Christopher COLUMBUS discovered the island in 1498, but it remained uncolonized for more than a century.
The French settled Grenada in the 17th century, established sugar estates, and imported large numbers of African slaves.
Britain took the island in 1762 and vigorously expanded sugar production....
Grenada relies on tourism as its main source of foreign exchange especially since the construction of an international airport in 1985.
Hurricanes Ivan (2004) and Emily (2005) severely damaged the agricultural sector - particularly nutmeg and cocoa cultivation - which had been a key driver of economic growth.
Grenada has rebounded from the devastating effects of the hurricanes but is now saddled with the debt burden from the rebuilding process....
GDP fell slightly in 2012, down 0.5%. However, a slow recovery is forecast, with growth of 0.3% now seen for this year and 0.9% in 2014. Agriculture will provide some impetus, continuing its recovery from ...
The Economist Intelligence Unit
Outlook for 2014-15 The eight members of the Organisation of Eastern Caribbean States (OECS) will continue to enjoy broad political stability in 2014-15. A recovery in economic activity will gather strength ...
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