2020 Annual Economic and Financial Review

2020 Annual Economic and Financial Review

STATISTICAL TABLES

T able 24 Grenada - Selected Economic Indicators

2019 R

2020 P

2016

2017

2018

(Annual Percentage Change Unless Otherwise Indicated)

National Income and Prices Nominal Gross Domestic Product (GDP) at Market Prices

6.48 3.74 2.64 0.92 1.64

6.03 4.44 1.53 0.53 0.91

3.82 4.14

3.65 1.98 1.64 0.07 0.60

(10.09) (11.23)

Real GDP at Market Prices

Deflator

(0.31)

1.29

Consumer Prices (end of period) Consumer Prices (period average)

1.41 0.81

(0.80) (0.74)

Real Gross Value Added (GVA) at basic prices Agriculture, Livestock and Forestry

(13.90)

(19.53) 1.40 5.51 2.70 1.08 9.26 4.99 5.08 29.07 10.88 (6.22)

3.09 2.50 3.43 9.44 5.44 7.51 9.46 8.49 7.85 9.96 5.35 1.75 12.25 (1.70) (5.12) 0.43 1.21 0.62 14.17

(7.25)

(11.25) (15.00) (13.28) (20.00) (13.00) (5.00) (66.41) (16.19) (18.74) (10.00) (6.23)

Fishing

6.38

3.20 4.63 6.87 3.11 1.59 0.57 6.97 9.17 2.00 3.02 1.63 1.30 4.24 1.28 1.84 0.67

Mining and Quarrying

(25.68)

Manufacturing

4.55 5.45

Electricity and Water

Construction

13.11

(0.59)

Wholesale and Retail Trade Hotels and Restaurants

(3.34)

10.70

Transport, Storage and Communications

3.85

Transport and Storage

10.49

Communication

(7.04)

Financial Intermediation

4.71 1.90

2.42 2.48

4.58

Real Estate, Renting and Business Activities

(3.88)

Public Administration, Defence & Compulsory Social Securit(y0.78)

(1.01)

2.04

Education

3.11

4.63 0.94 1.44 0.45 1.09

(1.20)

Health and Social Work

(0.29)

2.04

Other Community, Social & Personal Services Activities of Private Households as Employers

5.45 0.79 3.93

(1.97) (5.00) (11.72)

FISIM

(0.60)

(In percent of GDP)

External Sector Public Sector External Debt (end-of-period)

57.77

53.50

45.60

46.41

48.12

Central Government Current Account Balance

3.00 22.73 19.73

3.10

4.67

4.72

1.32

Current Revenue

23.03 19.93

23.95 19.28

23.79 19.06

23.45 22.13

Current Expenditure

Capital Expenditure and Net Lending

4.69 1.80

2.65 3.01

2.75 4.91

2.62 4.96

9.18

Overall Fiscal Balance

(4.35)

(in percent per annum)

Monetary Sector Weighted Deposit Interest Rates Weighted Lending Interest Rates

1.44 8.43

1.33 7.99

1.31 7.56

1.24 7.21

1.09 6.37

(in millions of EC dollars, unless otherwise stated)

Memo Nominal GDP at Market Prices Real GDP at Market Prices Merchandise Imports (f.o.b)

2,866.43 2,268.92

3,039.35 2,369.63

3,155.48 2,467.76 1,109.43

3,270.79 2,516.66 1,115.56

2,940.85 2,234.02

832.81

998.60

938.85 58.93 138.91

Merchandise Exports

81.34

81.12

84.45 537.15

85.55

Gross Visitor Expenditure

372.40

407.59

458.00

GDP per capita (EC$)

25,844.67

27,266.82

28,139.00

29,053.02

25,928.86

Source: Central Statistics Office, Ministry of Finance, Planning, Economy , Energy and Cooperatives, Grenada and Eastern Caribbean Central Bank

Data as at 10 February 2021

R =Rev ised

P =Preliminary

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