Grenada - Total value added in current prices

1,022,519,442 (US dollars) in 2022

In 2022, total value added for Grenada was 1,022 million US dollars. Between 1973 and 2022, total value added of Grenada grew substantially from 33.5 million to 1,022 million US dollars rising at an increasing annual rate that reached a maximum of 28.01% in 2000 and then decreased to 7.01% in 2022.

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What is total value added?

Gross value added is the value of output less the value of intermediate consumption; it is a measure of the contribution to GDP made by an individual producer, industry or sector; gross value added is the source from which the primary incomes of the SNA are generated and is therefore carried forward into the primary distribution of income account.

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What is Grenada total value added?