Grenada's international tourism, receipts for travel items (current US$) was US$195 million in 2020, the latest year in the World Bank's World Development Indicators. That is up 74.11% from US$112 million in 2010 (5.7% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$195 million | 2020 |
| Five years earlier | US$422 million | 2015 |
| Ten years earlier | US$112 million | 2010 |
| Highest | US$527 million | 2019 |
| Lowest | US$71 million | 2005 |
| Average since 2011 | US$333.2 million | 2011–2020 |
| First recorded | US$76 million |
What the numbers say
In 2020, Grenada's international tourism, receipts for travel items (current US$) fell 63% on 2019 (from US$527 million to US$195 million).
Across the 24 yearly changes before that (1996 to 2019), the average change was +13.2% and a typical year strayed about 46.5% from that (the standard deviation). This year's change was 1.6 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 223.3% in 2014 and the biggest yearly fall was 63% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2011 to 2020 the straight-line trend is upward, about US$35.42 million a year. A straight line explains 38% 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 2020, Grenada had the 113th highest value of the 158 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.
| Value | Year | |
|---|---|---|
| Grenada | US$195 million | 2020 |
| World | US$1.47 trillion | 2019 |
| Latin America & Caribbean | US$102.12 billion | 2019 |
| Upper middle income | US$289.87 billion | 2019 |
Closest to Grenada in the 2020 ranking
What this measures
International tourism receipts for travel items are expenditures by international inbound visitors in the reporting economy. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 26 values
| Year | International tourism, receipts for travel items (current US$) |
|---|---|
| 2020 | 195,000,000 |
| 2019 | 527,000,000 |
| 2018 | 522,000,000 |
| 2017 | 482,000,000 |
| 2016 | 437,000,000 |
| 2015 | 422,000,000 |
| 2014 | 388,000,000 |
| 2013 | 120,000,000 |
| 2012 | 122,000,000 |
| 2011 | 117,000,000 |
International tourism, receipts for travel items (current US$) in nearby economies
- Antigua and Barbuda — US$386 million (2020)
- Argentina — US$1.62 billion (2020)
- Aruba — US$1.08 billion (2020)
- Bahamas, The — US$1 billion (2020)
- Barbados — US$1.13 billion (2018)
- Belize — US$247 million (2020)
- Bolivia — US$191 million (2020)
- Brazil — US$3.04 billion (2020)
- Chile
More private sector & trade data for Grenada
- Merchandise imports (current US$) — 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$540.49 million (2023)
- Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) — 7.09% (2023)
Reading data like this
Questions people ask
- What is Grenada's international tourism, receipts for travel items (current US$)?
- US$195 million in 2020, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
- It is up 156.58% from US$76 million in 1995 (3.84% a year on average, compounded). The highest value was US$527 million in 2019 and the lowest US$71 million in 2005.
- How does Grenada rank?
- 113th highest of 158 economies with data for 2020.
- Is the latest change in international tourism, receipts for travel items (current US$) unusual for Grenada?
- In 2020, Grenada's international tourism, receipts for travel items (current US$) fell 63% on 2019 (from US$527 million to US$195 million). Across the 24 yearly changes before that (1996 to 2019), the average change was +13.2% and a typical year strayed about 46.5% from that (the standard deviation). This year's change was 1.6 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator ST.INT.TVLR.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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