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Grenada : economy statistics and industry reports
- Updated on : 27 August 2012 Source : The World Factbook
Imports
$284.4 million (2010 est.)$252.8 million
Exports
$38.69 million (2009 est.)$30.26 million (2010 est.)
Inflation rate (consumer prices)
4% (2011 est.)3.5% (2010 est.)
Unemployment rate
25% (2008)12.5% (2000)
GDP - per capita (PPP)
$14,100 (2011 est.)$14,000 (2010 est.)
$14,100 (2009 est.)
note: data are in 2011 US dollars
National product real growth rate
0.8% (2010 est.)-7.7% (2009 est.)
2.2% (2008 est.)
Internet users
25,000 (2009)Telephones - mobile cellular
121,900 (2009)Population growth rate
0.538% (2012 est.)Population
109,011 (July 2012 est.)About this country
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Historical background
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.
...
Economic overview
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.
...OECD
Global Forum on Transparency and Exchange of Information for Tax Purposes Peer Reviews: Grenada 2012: Phase 1: Legal and Regulatory Framework
- $ 25
- Country report
- June 2012
- by OECD
This publication reviews the quality of Grenada's legal and regulatory framework for the exchange of information for tax purposes.
- Countries : Grenada
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