Grenada: Trade balance, in dollars

* indicates monthly or quarterly data series
 Grenada

Trade balance, billion USD

 Latest value -0.16
 Year 2024
 Measure billion U.S. dollars
 Data availability 1977 - 2024
 Average -0.06
 Min - Max -0.23 - 0.02
 Source The World Bank
The latest value from 2024 is -0.16 billion U.S. dollars, a decline from -0.1 billion U.S. dollars in 2023. In comparison, the world average is 6.57 billion U.S. dollars, based on data from 157 countries. Historically, the average for Grenada from 1977 to 2024 is -0.06 billion U.S. dollars. The minimum value, -0.23 billion U.S. dollars, was reached in 2005 while the maximum of 0.02 billion U.S. dollars was recorded in 2015. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Grenada - Trade balance, in dollars - Recent values chart

Historical series
Grenada - Trade balance, in dollars - historical chart - 1977-2024




Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.

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 Related indicators Latest Reference Measure
 Terms of trade 82.30 2023 percent
 Financial openness -1.248 2022 index points
 Foreign Direct Investment, percent of GDP 11.95 2024 percent
 Foreign Direct Investment, billion dollars 0.16 2024 billion U.S. dollars
 Portfolio investment inflows, equities -0.03 2021 million dollars (current)
 Current account, percent of GDP -21.56 2024 percent
 Current account, in dollars -0.33 2025 billion U.S. dollars
 Trade balance, in dollars -0.16 2024 billion U.S. dollars
 Reserves 0.42 2024 billion U.S. dollars
 Remittances, percent of GDP 3.50 2024 percent
 Remittances 47.51 2025 million U.S. dollars
 Net errors and omissions -9.39 2024 million USD
 External debt 54.43 2023 percent
 Short-term external debt 7.60 2023 percent
 Short-term debt to reserves 13.68 2023 percent
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