Economy Grenada
Economy - overview:
Grenada relies on tourism as its main source of foreign exchange,
especially since the construction of an international airport in
1985. Strong performances in construction and manufacturing,
together with the development of an offshore financial industry,
have also contributed to growth in national output.
GDP:
purchasing power parity - $440 million (2002 est.)
GDP - real growth rate:
2.5% (2002 est.)
GDP - per capita:
purchasing power parity - $5,000 (2002 est.)
GDP - composition by sector: agriculture: 7.7% industry: 23.9% services: 68.4% (2000)
Population below poverty line:
32% (2000)
Household income or consumption by percentage share:
lowest 10%: NA
highest 10%: NA
Inflation rate (consumer prices):
2.8% (2001 est.)
Labor force:
42,300 (1996)