
Grenada
General information
Capital: St. George's
Currency unit: Eastern Caribbean dollar
Area: 340 km²
Total population: 117,207
GDP (millions of US dollars): 1,372
GDP per capita, PPP (current international US dollars): 20,178
Production
Agriculture (% of GDP): 3.5 %
Manufacture (% of GDP): 4.5 %
Industry excluding manufacture (% of GDP): 13.6 %
Services (% of GDP): 78.4 %
Trade
Total exports (millions of US dollars): 822
Total imports (millions of US dollars): 979
Main exported goods (% of total exports):
Pigments, paints, varnishes and related materials (11.9 %)
Spices (11.6 %)
Fish, fresh (live or dead), chilled or frozen (10.6 %)
Meal and flour of wheat and flour of meslin (7.0 %)
Fruit, preserved, and fruit preparations (no juice) (6.6 %)
Price competitiveness
This section brings together various indicators related to the price dimension of countries’ competitiveness. These indicators include both measures of external price competitiveness (the price ratio between domestic and foreign goods in international markets) and internal price competitiveness (the price ratio between tradable and non-tradable domestic goods). All these indices are calculated for each country relative to a base year and constructed such that an increase in the index corresponds to a decline in the country’s price competitiveness.
| Grenada | ||
|---|---|---|
| Price competitiveness | - | |
| Nominal Effective Exchange Rate Grenada: 120 | 120 | |
| Real Effective Exchange Rate Grenada: 95 | 95 | |
| Internal Real Exchange Rate Grenada: 91 | 91 |