Macro Index Overview / Latin America & Caribbean / GRD

Grenada · Year 2023 All longitudinal metrics, 4-pillar scores, and peer matrices reflect this country & year

Country:

Year:

Sovereign Economic Dossier ISO: GRD GD

Grenada

Grenada sovereign panel observation with harmonized output, inflation, and external resilience records from 1960 through 2025.

Latin America & Caribbean Upper middle income Blocs: Other Saint George's

Global Rank (2023)

#136 / 205

Top 66% of global economies

Composite Score (2023)

50.8 / 100

Living Standard (2023)

$9,818

Subscore: 60.87 / 100

CPI Inflation (2023)

2.70%

Stability Score: 98.48 / 100

4-Pillar Structural Health Diagnostic (2023)

Harmonized subscores evaluating Output, Productivity, Inflation Stability, and External Buffer

Benchmark Weights: 35 / 25 / 25 / 15

Living Standards (35%) 60.87

Raw: $9,818 (2015 USD)

Price Stability (25%) 98.48

Raw: 2.70% (Anchor: 3.0%)

External Solvency (25%) 0

Raw: -20.30% of GDP

Economic Scale (15%) 32.82

Raw: $1.3B Current USD

Optimal Component Weights & Peak Rank Frontier (2023)

Monetary Discipline & Price Anchor Focused

What we are doing here: We simulate an automated mathematical simplex across all 286 valid permutations of weights for the 4 pillars (summing to 100%) against every competing sovereign country in 2023. This discovers which weighting system maximizes Grenada's global competitive ranking by accentuating its comparative strengths.

Peak Rank #10 / 205

Default Rank #136

+126 Ranks

Living Standards 5%

Baseline: 35%

Price Stability 95%

Baseline: 25%

External Solvency 0%

Baseline: 25%

Economic Scale 0%

Baseline: 15%

Policy Insight & Strategic Advantage: Grenada benefits most from its anchored inflation regime near the 3.0% target band while competitors face price volatility.

Under this bespoke weighting, Grenada's composite score climbs to 96.6 (compared to 50.8 under standard multilateral weighting).

Longitudinal Trajectory & Peer Comparison Sandbox (1960–2025)

Tracking Grenada's multi-decade trajectory overlaid with peer benchmark economies in Year 2023

Active Comparisons:

Grenada (GRD)

India (IND)

China (CHN)

United States (USA)

Germany (DEU)

Observation Year 2023 • Global Rank: #136 / 205 • Composite Score: 50.8 / 100 • Living Standard: $9,818 • Inflation: 2.70%

Year 2023

Hover or click any node along the curve to inspect that historical year in real time

Primary: Grenada Peers (Dashed)

Cross-Sectional Benchmark Standing in Year 2023

5 economies compared · Ordered by Global Rank

Country	Rank (2023)	Composite Score	GDP per Capita	CPI Inflation	Current Account (% GDP)	Nominal GDP ($)
Germany (DEU)	#16	81.1	$44,369	5.95%	5.50%	$4562.2B
United States (USA)	#17	80.0	$65,667	4.12%	-3.34%	$27811.5B
China (CHN)	#37	72.3	$12,484	0.23%	1.41%	$18270.4B
India (IND)	#93	59.5	$2,230	5.65%	-0.91%	$3500.9B
Grenada (GRD) Active	#136	50.8	$9,818	2.70%	-20.30%	$1.3B

Decade-by-Decade Historical Milestones (1970–2023)

Visualizing seminal macroeconomic shifts, shocks, and structural transitions for Grenada

Metric:

Selected Era: 2023 · Click any node to select