Grenada: International tourism, receipts (current US$)

Key figures

What the numbers say

In 2018, Grenada's international tourism, receipts (current US$) rose 13.7% on 2017 (from US$482 million to US$548 million).

Across the 22 yearly changes before that (1996 to 2017), the average change was +14% and a typical year strayed about 48.6% from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 223.3% in 2014 and the biggest yearly fall was 17.4% in 2005. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2009 to 2018 the straight-line trend is upward, about US$56.25 million a year. A straight line explains 86% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2018, Grenada had the 10th highest value of the 23 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Grenada in the 2018 ranking

• St. Lucia — 7th of 23: US$989 million
• Haiti — 8th of 23: US$620 million
• Senegal — 9th of 23: US$557 million
• St. Kitts and Nevis — 11th of 23: US$367 million
• West Bank and Gaza — 12th of 23: US$245 million
• Mali — 13th of 23: US$231 million

What this measures

International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Data are in current U.S. dollars.

Limitations: Tourism can be either domestic or international. The data refers to international tourism, where the traveler's country of residence differs from the visiting country. International tourism consists of inbound (arrival) and outbound (departures) tourism. The data are from the World Tourism Organization (WTO), a United Nations agency. The data on inbound and outbound tourists refer to the number of arrivals and departures, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival. The data on inbound tourism show the arrivals of nonresident tourists (overnight visitors) at national borders.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 24 values

International tourism, receipts (current US$) in nearby economies

• Argentina — US$1.7 billion (2020)
• Aruba — US$1.08 billion (2020)
• Bahamas, The — US$1.01 billion (2020)
• Barbados — US$1.07 billion (2016)
• Bolivia — US$243 million (2020)
• Brazil — US$3.1 billion (2020)
• British Virgin Islands — US$484 million (2015)
• Cayman Islands — US$964 million (2019)
• Chile — US$1.03 billion (2020)
• Colombia

More private sector & trade data for Grenada

• Merchandise imports (current US$) — US$653 million (2025)
• Merchandise exports (current US$) — US$35 million (2025)
• Merchandise imports from high-income economies (% of total merchandise imports) — 83.99% (2023)
• Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) — 7.09% (2023)
• Merchandise imports by the reporting economy, residual (% of total merchandise imports) — 0.04% (2023)
• Merchandise imports by the reporting economy (current US$) — US$540.49 million (2023)
• Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) — 7.09% (2023)

Reading data like this

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Questions people ask

What is Grenada's international tourism, receipts (current US$)?

US$548 million in 2018, according to the World Bank (World Development Indicators).

How has it changed since 1995?

It is up 621.05% from US$76 million in 1995 (8.97% a year on average, compounded). The highest value was US$548 million in 2018 and the lowest US$71 million in 2005.

How does Grenada rank?

10th highest of 23 economies with data for 2018.

Is the latest change in international tourism, receipts (current US$) unusual for Grenada?

In 2018, Grenada's international tourism, receipts (current US$) rose 13.7% on 2017 (from US$482 million to US$548 million). Across the 22 yearly changes before that (1996 to 2017), the average change was +14% and a typical year strayed about 48.6% from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator ST.INT.RCPT.CD, licensed CC BY 4.0. Original source: Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, UN Tourism Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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