Grenada: Transport services (% of commercial service imports)

Key figures

What the numbers say

In 2025, Grenada's transport services (% of commercial service imports) rose 2.62 percentage points on 2024 (from 22.34% to 24.96%).

Across the 30 yearly changes before that (1995 to 2024), the average change was −1.06 percentage points and a typical year strayed about 4.18 percentage points from that (the standard deviation). This year's change was 0.9 standard deviations above 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 15.09 percentage points in 1980 and the biggest yearly fall was 13.42 percentage points in 1978. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 there is no clear straight-line trend: a straight line explains 26% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

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

How it compares

In 2025, Grenada had the 71st highest value of the 134 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 2025 ranking

• Botswana — 68th of 134: 25.54%
• Kazakhstan — 69th of 134: 25.52%
• North Macedonia — 70th of 134: 25.35%
• Colombia — 72nd of 134: 24.67%
• Malaysia — 73rd of 134: 24.63%
• Tonga — 74th of 134: 24.33%

What this measures

Transport is the process of carriage of people and objects from one location to another as well as related supporting and auxiliary services. Also included are postal and courier services. This indicator is expressed as a percentage of service imports which are commercial services provided by non-residents to residents.

Limitations: Balance of payments statistics, the main source of information on international trade in services, have many weaknesses. Disaggregation of important components may be limited and varies considerably across countries. There are inconsistencies in the methods used to report items. And the recording of major flows as net items is common (for example, insurance transactions are often recorded as premiums less claims). These factors contribute to a downward bias in the value of the service trade reported in the balance of payments. Efforts are being made to improve the coverage, quality, and consistency of these data.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 49 values

Transport services (% of commercial service imports) in nearby economies

• Antigua and Barbuda — 21.26% (2025)
• Argentina — 20.04% (2025)
• Aruba — 14.77% (2023)
• Bahamas, The — 24.34% (2024)
• Barbados — 16.12% (2017)
• Belize — 34.6% (2025)
• Bolivia — 33.72% (2025)
• Brazil — 21.11% (2025)
• Chile — 36.05% (2025)
• 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

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Grenada's transport services (% of commercial service imports)?

24.96% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1977?

It is down 34.02 percentage points from 58.98% in 1977. The highest value was 60.51% in 1987 and the lowest 22.34% in 2024.

How does Grenada rank?

71st highest of 134 economies with data for 2025.

Is the latest change in transport services (% of commercial service imports) unusual for Grenada?

In 2025, Grenada's transport services (% of commercial service imports) rose 2.62 percentage points on 2024 (from 22.34% to 24.96%). Across the 30 yearly changes before that (1995 to 2024), the average change was −1.06 percentage points and a typical year strayed about 4.18 percentage points from that (the standard deviation). This year's change was 0.9 standard deviations above 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 TM.VAL.TRAN.ZS.WT, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) 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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