Grenada - Current account balance as a share of GDP

-6.8 (%) in 2017

In 2017, current account balance as a share of GDP for Grenada was -6.8 %. Current account balance as a share of GDP of Grenada fell gradually from -4.4 % in 2014 to -6.8 % in 2017.

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Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.