Merchandise exports to low- and middle-income economies within region in Grenada

Grenada: Merchandise exports to low- and middle-income economies within region was 31.7% in 2023. ◆ Volatile

Latest (2023)
31.7%
Change on year
up 77.4%
World rank
52nd
of 203 countries
All-time high
31.7%
in 2023
All-time low
0.4%
in 1984
Years of data
51
1973–2023

Merchandise exports to low- and middle-income economies within region in Grenada, 1973–2023

0102030197319982023

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.

Analysis

In 2023, merchandise exports to low- and middle-income economies within region in Grenada stood at 31.7%. That is the highest value across all 51 years on record.

That represents a change of up 77.4% on the previous year and up 38.4% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies within region in Grenada peaked at 31.7% in 2023 and was at its lowest, 0.4%, in 1984.

Grenada ranks 52nd of 203 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Merchandise exports to low- and middle-income economies within region in Grenada, year by year

Annual values for Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in Grenada, 1973 to 2023.
Year % of total merchandise exports Change
1973 3.1%
1974 0.4% -85.4%
1975 1.2% +178.0%
1976 1.1% -9.9%
1977 3.0% +164.5%
1978 1.7% -42.8%
1979 1.5% -11.6%
1980 4.9% +227.6%
1981 5.3% +7.0%
1982 4.5% -13.5%
1983 2.8% -37.6%
1984 0.4% -86.0%
1985 1.3% +218.8%
1986 0.8% -36.5%
1987 3.1% +281.2%
1988 8.8% +187.6%
1989 9.6% +8.0%
1990 12.2% +27.6%
1991 10.6% -13.1%
1992 5.1% -51.9%
1993 16.0% +213.6%
1994 20.1% +25.6%
1995 17.6% -12.3%
1996 27.1% +54.0%
1997 22.0% -18.9%
1998 15.2% -31.0%
1999 10.6% -30.1%
2000 7.8% -26.5%
2001 12.0% +54.1%
2002 16.1% +34.3%
2003 15.6% -3.4%
2004 16.7% +6.9%
2005 22.1% +32.7%
2006 29.9% +34.9%
2007 20.9% -30.1%
2008 29.2% +39.7%
2009 23.7% -18.9%
2010 29.7% +25.3%
2011 28.7% -3.3%
2012 23.3% -18.8%
2013 22.9% -1.7%
2014 16.5% -28.0%
2015 14.6% -11.5%
2016 20.0% +37.3%
2017 17.4% -13.3%
2018 21.4% +23.3%
2019 21.3% -0.5%
2020 20.0% -6.2%
2021 20.6% +3.1%
2022 17.8% -13.4%
2023 31.7% +77.4%

Grenada compared with similar countries

  • Grenada's 31.7% is above the median for upper middle income countries, which is 15.5%, 2.0× the median. (59 countries reporting)
  • Grenada's 31.7% is above the median for Latin America & Caribbean, which is 14.5%, 2.2× the median. (36 countries reporting)

Biggest year-on-year movements

Years where Merchandise exports to low- and middle-income economies within region in Grenada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1987 +281.2% 0.8% 3.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.7% 0.4% 3.1% 7
1980s 4.1% 0.4% 9.6% 10
1990s 15.7% 5.1% 27.1% 10
2000s 19.4% 7.8% 29.9% 10
2010s 21.6% 14.6% 29.7% 10
2020s 22.5% 17.8% 31.7% 4

Countries ranked near Grenada

  1. 49 Honduras 33.6% compare
  2. 50 Thailand 32.1% compare
  3. 51 Niger 31.7% compare
  4. 53 Argentina 30.6% compare
  5. 54 Japan 29.9% compare
  6. 55 Papua New Guinea 29.8% compare

See the full ranking of 249 places →

More private sector data for Grenada

All data for Grenada →

Frequently asked questions

What is merchandise exports to low- and middle-income economies within region in Grenada?
Merchandise exports to low- and middle-income economies within region in Grenada was 31.7% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports to low- and middle-income economies within region recorded in Grenada?
The highest recorded value was 31.7% in 2023.
What is the lowest merchandise exports to low- and middle-income economies within region recorded in Grenada?
The lowest recorded value was 0.4% in 1984.
How does Grenada rank for merchandise exports to low- and middle-income economies within region?
Grenada ranks 52nd out of 203 countries with data for 2023.
Is merchandise exports to low- and middle-income economies within region rising or falling in Grenada?
Over the last ten years it is up 38.4%. The long-run trend across the full record is volatile.
Where does this Grenada data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies within region (% of total merchandise exports). Statizoid updates them automatically from the source API.

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Merchandise exports to low- and middle-income economies within region in Grenada. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 16 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-to-low-and-middle-income-economies-within-region-percent-of-total/grenada/

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About this data

Indicator
Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
249 places, 12,966 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.