Grenada: Government expenditure (% of GDP)
Percent of GDP · 1990–2024 · 35 observations · forecasts to 2031 · govexp_GDP
- 2024
- 38.3%percent of GDP
- Change on 2023
- +9.6 pointsfrom 28.7%
- Average, 2015–2024
- 27.8%10 years
- Record high and low
- 38.3% (2024)low 21.6% (2019)
Government expenditure (% of GDP)
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ForecastPercent of GDP
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Compare with other countries →Definition of Government expenditure (% of GDP)
Recent values
Percent of GDP
| Year | Value | |
|---|---|---|
| 2031 | 30.3 | Forecast |
| 2030 | 30.3 | Forecast |
| 2029 | 30.8 | Forecast |
| 2028 | 31.0 | Forecast |
| 2027 | 31.2 | Forecast |
| 2026 | 36.9 | Forecast |
| 2025 | 39.1 | Forecast |
| 2024 | 38.3 | |
| 2023 | 28.7 | |
| 2022 | 32.0 | |
| 2021 | 31.3 | |
| 2020 | 32.7 | |
| 2019 | 21.6 | |
| 2018 | 22.1 | |
| 2017 | 22.6 | |
| 2016 | 23.5 | |
| 2015 | 25.3 |
Sources
This series is derived from other GMD variables.
Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →
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