Merchandise trade (% of GDP) — all countries

Merchandise trade (% of GDP) — Grenada

Merchandise trade (% of GDP) in Grenada in 2025 — 48.44%. Ranked 107 in the world out of 189. Since 1977, the indicator has fallen by 15.9 pp.

2025 48.44% −1.73 pp vs 2024
World rank 107of 189
Period maximum 64.34%1977
Period minimum 35.89%2016

Trend over time

1977–2025 · % of GDP

Merchandise trade (% of GDP) — Grenada, 1977–20253040506070197719821987199219972002200720122017202220251977: 64.34%1978: 60.01%1979: 63.57%1980: 60.41%1981: 63.12%1982: 59.79%1983: 57.66%1984: 50.85%1985: 54.85%1986: 61.3%1987: 56.28%1988: 52.89%1989: 47.51%1990: 47.47%1991: 47.88%1992: 40.95%1993: 44.54%1994: 43.68%1995: 42.67%1996: 46.88%1997: 49.98%1998: 52.7%1999: 49.38%2000: 55.19%2001: 49%2002: 43.86%2003: 50.08%2004: 44.23%2005: 51.18%2006: 46.37%2007: 52.46%2008: 47.7%2009: 40.32%2010: 44.49%2011: 47.13%2012: 47.01%2013: 48.06%2014: 41.36%2015: 40.62%2016: 35.89%2017: 39.98%2018: 42.69%2019: 42.36%2020: 40.25%2021: 42.95%2022: 51.14%2023: 49.01%2024: 50.18%2025: 48.44%
Change over the period: −15.9 pp Annual average: -0.33 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Grenada

Grenada 48.44%
World 43.89%
Merchandise trade (% of GDP) — Grenada, by year Grenada All countries CSV XLSX
Year % Change, pp
2025 48.44 −1.73 pp
2024 50.18 +1.16 pp
2023 49.01 −2.13 pp
2022 51.14 +8.19 pp
2021 42.95 +2.7 pp
2020 40.25 −2.1 pp
2019 42.36 −0.33 pp
2018 42.69 +2.72 pp
2017 39.98 +4.09 pp
2016 35.89 −4.73 pp
2015 40.62 −0.74 pp
2014 41.36 −6.7 pp
2013 48.06 +1.06 pp
2012 47.01 −0.13 pp
2011 47.13 +2.65 pp
2010 44.49 +4.16 pp
2009 40.32 −7.38 pp
2008 47.7 −4.76 pp
2007 52.46 +6.09 pp
2006 46.37 −4.81 pp
2005 51.18 +6.95 pp
2004 44.23 −5.85 pp
2003 50.08 +6.22 pp
2002 43.86 −5.14 pp
2001 49 −6.19 pp
2000 55.19 +5.81 pp
1999 49.38 −3.33 pp
1998 52.7 +2.73 pp
1997 49.98 +3.1 pp
1996 46.88 +4.21 pp
1995 42.67 −1.01 pp
1994 43.68 −0.87 pp
1993 44.54 +3.6 pp
1992 40.95 −6.93 pp
1991 47.88 +0.41 pp
1990 47.47 −0.04 pp
1989 47.51 −5.38 pp
1988 52.89 −3.39 pp
1987 56.28 −5.03 pp
1986 61.3 +6.45 pp
1985 54.85 +4 pp
1984 50.85 −6.81 pp
1983 57.66 −2.13 pp
1982 59.79 −3.33 pp
1981 63.12 +2.71 pp
1980 60.41 −3.16 pp
1979 63.57 +3.57 pp
1978 60.01 −4.33 pp
1977 64.34

About the indicator

The sum of exports and imports of goods as a percent of GDP. It differs from trade openness in that services are not counted here, and the difference between the two indicators is exactly what shows the weight of services in a country's foreign trade. The highest values come not from large exporters but from transshipment economies — Singapore, Hong Kong, Luxembourg — where goods are brought in to be sent out again, and both flows are counted in full.

Important: Goods only. The value can exceed 100% of GDP: exports and imports are counted at the full value of the goods while GDP is counted as value added, so in transshipment economies the values run to several hundred percent.

Source: World Development Indicators (World Bank), license CC BY 4.0.