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Economics and statistics

Grenada is a small Caribbean economy with a nominal GDP ≈ $1.39 billion in 2024 and steady growth after the pandemic. Tourism is a key driver: in 2023, 178,020 stop visits were recorded (+ 34% by 2022 and + 9% by 2019), and cruise visits - 305,627 (+ 64% by 2022). In July 2024, Hurricane Beryl caused damage previously estimated at up to a third of annual GDP; For the first time, the government activated a "hurricane clause" on government bonds to defer payments, which affects fiscal space and demand recovery. In the gambling sector, casinos do not work, and the main formal cash flow is provided by the National Lotteries Authority (NLA) lotteries, including Lotto/Super 6/Pick 3 and

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