Grenada Government Revenue
General government revenue as % of GDP GGR_NGDP
Grenada's government revenue was 31.37% in 2025, ranked 69th globally. This represents a 28.3% decrease from 2024. Data from IMF WEO, covering 1990–2025.
Overview
Grenada's government revenue stood at 31.37% in 2025, a decline of +12.39% from 2024. The IMF projects 31.37% by 2025. Grenada ranked 69th globally.
Grenada’s government revenue has risen steadily over the 36‑year series, moving from a low of 20.34 % of GDP in 1992 to an all‑time peak of 43.75 % in 2024, before settling at 31.37 % in 2025, which places the country 69th in the global ranking. The post‑peak decline reflects a modest contraction after the fiscal expansion that accompanied the tourism‑driven recovery of the early 2020s, yet the 2025 level remains above the early‑1990s trough and only slightly below the pre‑pandemic average of 21.20 % recorded in 1990. Compared with peers of similar size and rank, Grenada’s revenue share is marginally lower than the Maldives (31.76 %) and Samoa (31.81 %) but higher than Morocco (30.67 %). The trajectory suggests that, barring major shocks to the fiscal base, revenue as a share of GDP is likely to remain within a narrow band around the low‑30s, with any further diversification of the tax base or external debt relief potentially nudging the ratio upward.
Data & projection
| Year | Government Revenue | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 28.92% | - | - |
| 2029* IMF | 28.92% | - | - |
| 2028* IMF | 29.04% | - | - |
| 2027* IMF | 29.08% | - | - |
| 2026* IMF | 29.71% | - | - |
| 2025* IMF | 31.37% | - | - |
| 2025 | 31.37% | −12.39% | #69 |
| 2024 | 43.75% | +7.15% | #28 |
| 2023 | 36.61% | +3.68% | #53 |
| 2022 | 32.93% | +1.35% | #67 |
| 2021 | 31.59% | +3.45% | #68 |
| 2020 | 28.14% | +1.54% | #78 |
| 2019 | 26.60% | −0.39% | #96 |
| 2018 | 26.99% | +1.39% | #93 |
| 2017 | 25.60% | −0.62% | #102 |
| 2016 | 26.22% | +1.76% | #95 |
| 2015 | 24.46% | −0.03% | #105 |
| 2014 | 24.49% | +3.63% | #110 |
| 2013 | 20.87% | +0.09% | #137 |
| 2012 | 20.78% | −2.69% | #139 |
| 2011 | 23.47% | −0.44% | #117 |
Detected Pattern
Analysis
Grenada matched the Export Boom Cycle pattern in 1985. Historically, 71% of countries showing this pattern (546 out of 768) saw government revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Grenada's government revenue was 31.37% in 2025. Ranked 69th globally. This represents a 28.3% decrease from the previous year.
Grenada's government revenue peaked at 43.75% in 2024.
The lowest government revenue in Grenada was 20.34% in 1992.
Grenada ranks 69th globally in government revenue as of 2025.
The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.
Grenada's government revenue is projected to reach 31.37% by 2025 based on IMF projection.
The government revenue of Grenada in 2025 was 31.37%. This ranks 69th in the world.
Cite this page
@misc{historysaid_grenada_government-revenue,
title = {Grenada Government Revenue},
url = {https://historysaid.com/grenada/government-revenue/},
publisher = {HistorySaid},
year = {2026}
}