Skip to content

Economy of China vs Grenada compared: GDP & Debt

Updated on by Georank

China has a GDP of $19.5T compared to $1.42B for Grenada, ranking 2/197 and 184/197 by economy size, respectively.

China has $19.3T in government debt (99.2% of GDP), compared to $1.02B (71.6% of GDP) in Grenada.

China vs Grenada GDP by year

China
Grenada
1x
Year GDP, current $
China Grenada
2025 $19,498,039,388,043 $1,420,173,229
2024 $18,729,668,435,848 $1,351,270,370
2023 $18,270,356,654,533 $1,336,418,519
2022 $18,316,765,021,690 $1,224,007,407
2021 $18,201,698,719,564 $1,122,222,222
2020 $14,996,414,166,715 $1,043,411,111
2019 $14,560,167,101,283 $1,213,485,185
2018 $14,147,765,772,964 $1,166,514,815
2017 $12,537,559,062,283 $1,125,685,185
2016 $11,456,024,084,962 $1,061,640,741
2015 $11,280,814,787,469 $997,007,407
2014 $10,674,533,168,257 $911,496,296
2013 $9,743,124,247,267 $842,618,519
2012 $8,673,664,713,189 $799,881,481
2011 $7,671,757,207,851 $778,655,556
2010 $6,192,564,874,453 $771,014,815
2009 $5,189,577,094,998 $771,275,556
2008 $4,667,346,414,522 $825,976,037
2007 $3,604,055,822,572 $758,683,593
2006 $2,791,498,472,804 $698,700,667
2005 $2,317,551,298,052 $695,555,556
2004 $1,984,196,551,300 $599,118,593
2003 $1,683,903,309,844 $591,018,407
2002 $1,489,821,682,051 $540,336,926
2001 $1,355,036,590,252 $520,444,185
2000 $1,223,754,919,971 $520,044,370
1999 $1,103,843,203,576 $482,009,370
1998 $1,037,134,141,760 $445,903,593
1997 $967,753,570,435 $392,190,593
1996 $868,523,936,530 $366,911,444
1995 $738,190,896,228 $342,172,519
1994 $566,929,539,493 $325,111,815
1993 $446,557,291,212 $309,812,185
1992 $428,502,354,788 $310,160,444
1991 $384,510,452,962 $300,757,889
1990 $361,560,229,446 $278,098,763
1989 $348,380,566,802 $267,327,642
1988 $312,888,888,889 $236,357,524
1987 $273,455,156,951 $215,009,570
1986 $301,310,144,928 $187,589,523
1985 $310,064,625,850 $167,728,455
1984 $260,442,857,143 $145,533,311
1983 $231,130,268,199 $131,803,552
1982 $205,480,916,031 $125,435,590
1981 $196,218,253,968 $115,651,919
1980 $191,487,500,000 $110,900,457
1979 $178,573,913,043 $102,244,362
1978 $149,788,617,886 $88,322,386
1977 $175,226,595,860 $71,494,495
1976 $154,196,810,059 -
1975 $163,687,619,736 -
1974 $144,418,433,058 -
1973 $138,764,340,892 -
1972 $113,871,930,714 -
1971 $99,959,013,880 -
1970 $92,752,930,873 -
1969 $79,847,786,729 -
1968 $70,980,323,819 -
1967 $73,011,350,596 -
1966 $76,854,053,259 -
1965 $70,565,994,356 -
1964 $59,821,862,703 -
1963 $50,812,227,919 -
1962 $47,310,737,754 -
1961 $50,162,299,350 -
1960 $59,846,235,025 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/china/grenada | CC BY

GDP per capita in China vs Grenada by year

China
GDP per capita

GDP per capita, PPP
Grenada
GDP per capita

GDP per capita, PPP
1x
Year Current $
China Grenada
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $13,862 - $12,107 -
2024 $13,293 $27,105 $11,529 $20,178
2023 $12,951 $25,179 $11,414 $18,971
2022 $12,971 $23,032 $10,469 $17,544
2021 $12,887 $20,843 $9,617 $15,290
2020 $10,627 $18,267 $8,969 $14,361
2019 $10,343 $17,601 $10,463 $16,446
2018 $10,086 $16,298 $10,083 $15,975
2017 $8,980 $15,022 $9,751 $15,041
2016 $8,255 $14,157 $9,221 $13,978
2015 $8,175 $13,463 $8,694 $13,214
2014 $7,781 $12,942 $7,986 $12,229
2013 $7,147 $12,228 $7,425 $11,199
2012 $6,405 $11,420 $7,093 $10,575
2011 $5,704 $10,457 $6,947 $10,592
2010 $4,629 $9,411 $6,910 $10,344
2009 $3,898 $8,448 $6,933 $10,303
2008 $3,523 $7,713 $7,448 $11,001
2007 $2,735 $6,935 $6,865 $10,728
2006 $2,129 $5,946 $6,344 $9,877
2005 $1,778 $5,148 $6,339 $10,016
2004 $1,531 $4,505 $5,480 $8,606
2003 $1,307 $4,007 $5,428 $8,469
2002 $1,164 $3,591 $4,984 $7,621
2001 $1,065 $3,258 $4,820 $7,283
2000 $969 $2,964 $4,840 $7,306
1999 $881 $2,690 $4,516 $6,857
1998 $835 $2,483 $4,206 $6,368
1997 $787 $2,297 $3,725 $5,673
1996 $713 $2,088 $3,508 $5,347
1995 $613 $1,884 $3,294 $5,062
1994 $476 $1,680 $3,152 $4,889
1993 $379 $1,471 $3,026 $4,742
1992 $368 $1,276 $3,053 $4,761
1991 $334 $1,105 $2,984 $4,733
1990 $319 $991 $2,782 $4,553
1989 $311 - $2,697 -
1988 $284 - $2,404 -
1987 $252.3 - $2,205 -
1986 $282.4 - $1,938 -
1985 $295 - $1,745 -
1984 $251.2 - $1,524 -
1983 $225.9 - $1,388 -
1982 $203.7 - $1,329 -
1981 $197.4 - $1,230 -
1980 $195.1 - $1,173 -
1979 $184.3 - $1,071 -
1978 $156.7 - $917 -
1977 $185.7 - $737 -
1976 $165.7 - - -
1975 $178.6 - - -
1974 $160.4 - - -
1973 $157.3 - - -
1972 $132.1 - - -
1971 $118.8 - - -
1970 $113.3 - - -
1969 $100.3 - - -
1968 $91.6 - - -
1967 $96.8 - - -
1966 $104.5 - - -
1965 $98.7 - - -
1964 $85.7 - - -
1963 $74.5 - - -
1962 $71.1 - - -
1961 $76 - - -
1960 $89.7 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/china/grenada | CC BY

China's GDP per capita is $13,862, ranking 77/197, compared to $12,107 in Grenada, ranking 82/197. Adjusted for purchasing power (GDP per capita PPP), China ranks 77th at $27,105, while Grenada ranks 96th at $20,178.

Economic indicators

China Grenada
Gross domestic product
$19.5T
2025
$1.42B
2025
GDP rank
2/197
2025
184/197
2025
GDP growth
4.96%
2024-2025
4.41%
2024-2025
GDP per capita
$13,862
2025
$12,107
2025
GDP per capita rank
77/197
2025
82/197
2025
GDP per capita, PPP
$27,105
2024
$20,178
2024
GDP per capita PPP rank
77/197
2024
96/197
2024
Government debt
$19.3T
2025
$1.02B
2025
Debt-to-GDP ratio
99.2%
2025
71.6%
2025
Government debt per person
$13,756
2025
$8,671
2025
Government debt per person rank
47/185
2025
65/185
2025
Average annual personal income after taxes
$10,414
2026
$11,184
2026
Market capitalization of domestic companies
$15.5T
2025
n/a
Number of millionaires
5,305,000
2026
n/a
Number of billionaires
539
2026
n/a
Income share by richest 10%
28.4%
2022
33.7%
2018
Income share by poorest 10%
3.1%
2022
2.1%
2018
Government expenditure, % of GDP
32.9%
2025
39.1%
2025
Consumer prices inflation
0%
2024-2025
0.61%
2024-2025
Central bank interest rate
3%
2025
n/a
Unemployment rate
4.57%
2022
6.34%
2023
Population
1403335670
117405

Spending and national debt comparison by year

China
Spending

Debt
Grenada
Spending

Debt
1x
Year % of GDP
China Grenada
Government spending Government debt Government spending Government debt
2025 32.9% 99.2% 39.1% 71.6%
2024 32.9% 90.4% 38.3% 75.1%
2023 32.7% 84.1% 28.7% 74.5%
2022 32.6% 77.3% 32% 79.3%
2021 31.9% 72.1% 31.3% 86.6%
2020 34.8% 70.1% 32.7% 89.5%
2019 33.6% 59.8% 21.6% 62.7%
2018 32.6% 55.9% 22.1% 68.5%
2017 32% 53.9% 22.6% 70.3%
2016 31.7% 50% 23.5% 81.6%
2015 31% 40.8% 25.3% 90.1%
2014 28.4% 39.3% 28.7% 99.3%
2013 28.1% 36.4% 28.1% 105.4%
2012 27.7% 33.8% 26.2% 101.5%
2011 26.6% 33.2% 28.3% 102.8%
2010 24.7% 33.3% 28% 96.2%
2009 25.2% 34% 27.2% 91.1%
2008 22.2% 26.7% 27.9% 83.9%
2007 17.9% 28.7% 27.7% 89.1%
2006 18.1% 25.2% 32.4% 92.9%
2005 18% 25.9% 26.6% 87.3%
2004 17.6% 26% 24.7% 94.7%
2003 18% 26.4% 28.7% 79.6%
2002 18.2% 25.6% 35.7% 79.1%
2001 17.2% 24.3% 29.6% 44.6%
2000 16.1% 22.7% 25.6% 41.6%
1999 14.9% 21.6% 23.7% 34.5%
1998 12.6% 20.4% 25.3% 40.3%
1997 11.5% 20.4% 26.6% 41.4%
1996 11% 21.2% 26.3% 43.9%
1995 11.1% 21.4% 23.2% 43.1%
1994 12.4% - 24.7% 45.7%
1993 13.4% - 23.1% 45.3%
1992 14.6% - 21.8% 40.1%
1991 16.5% - 26.8% 42%
1990 18.2% - 29% 46.2%
1989 18.6% - - -
1988 20.9% 4.46% - -
1987 23.4% 3.6% - -
1986 25.6% 3.24% - -
1985 25.8% 3.31% - -
1984 26.9% 0.97% - -
1983 28.3% - - -
1982 27.9% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1990, retrieved 2026-07-08).

GeoRank.org/economy/china/grenada | CC BY

In 2025, China's government spending was $6.41T, accounting for 32.9% of its GDP, while Grenada spent $556M, or 39.1% of GDP.

Debt-to-GDP ratio is 99.2% in China and 71.6% in Grenada, ranking 26/185 and 54/185, respectively.

Government deficit by year

Deficit/surplus
China

Grenada
1x
Year Deficit/surplus, % of GDP
China Grenada
2025 -7.87% -5.01%
2024 -7.11% 6.88%
2023 -6.71% 7.94%
2022 -7.32% 0.93%
2021 -5.9% 0.33%
2020 -9.56% -4.55%
2019 -6% 4.96%
2018 -4.2% 4.92%
2017 -3.34% 3.02%
2016 -3.33% 2.69%
2015 -2.5% -0.8%
2014 -0.67% -4.2%
2013 -0.82% -7.25%
2012 -0.3% -5.44%
2011 -0.1% -4.86%
2010 -0.36% -4.07%
2009 -1.72% -4.4%
2008 -0.02% -3.72%
2007 0.06% -5.91%
2006 -1.13% -5.23%
2005 -1.38% 0.9%
2004 -1.49% -0.57%
2003 -2.36% -2.81%
2002 -2.84% -13.9%
2001 -2.56% -6.05%
2000 -2.81% -2.07%
1999 -2.3% -1.7%
1998 -1.08% -2.39%
1997 -0.73% -4.94%
1996 -0.73% -3.02%
1995 -0.94% -0.46%
1994 -1.68% -2.85%
1993 -0.89% -0.16%
1992 -1.22% -1.46%
1991 -1.04% -4.34%
1990 -0.72% -7.78%
1989 -0.91% -
1988 -2.22% -
1987 -2.08% -
1986 -1.82% -
1985 -0.45% -
1984 -1.44% -
1983 -1.61% -
1982 -1.33% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-07-08).

GeoRank.org/economy/china/grenada | CC BY

In 2025, China's government deficit, the difference between spending and revenue, was $1.53T, equivalent to 7.87% of GDP. This compares to Grenada's deficit of $71.1M, or 5.01% of GDP.

Over the past 36 years, China recorded a fiscal deficit in 35 of those years, while Grenada ran a deficit in 27 years. On average, China posted an annual deficit equal to 2.6% of GDP, compared to deficit of 2.15% of GDP for Grenada.

Inflation comparison by year

Inflation
China

Grenada
1x
Year Consumer prices inflation
China Grenada
2025 0% 0.61%
2024 0.2% 1.09%
2023 0.2% 2.7%
2022 2% 2.58%
2021 0.9% 1.22%
2020 2.5% -0.74%
2019 2.9% 0.6%
2018 2.1% 0.8%
2017 1.6% 0.91%
2016 2% 1.65%
2015 1.4% -0.52%
2014 2% -0.98%
2013 2.6% -0.04%
2012 2.6% 2.41%
2011 5.4% 3.03%
2010 3.3% 3.44%
2009 -0.7% -0.31%
2008 5.8% 8.03%
2007 4.8% 3.86%
2006 1.5% 4.25%
2005 1.8% 3.48%
2004 3.9% 2.31%
2003 1.2% 2.15%
2002 -0.8% 1.07%
2001 0.7% 3.14%
2000 0.4% 2.18%
1999 -1.4% 0.58%
1998 -0.8% 1.38%
1997 2.8% 1.24%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/china/grenada | CC BY

Over the past 29 years, China has recorded an average annual inflation rate of 1.76%, compared with 1.8% in Grenada. In 2025, inflation was 0% in China and 0.61% in Grenada.

Top exports between countries

China
Export category Export value
Machinery & equipment $16.1M
Metals $5.33M
Textiles & consumer goods $5.01M
Chemicals & pharma $3.13M
Raw materials & minerals $2.06M
Wood & paper products $1.58M
Miscellaneous $795K
Processed food, beverages & tobacco $679K
Animal & marine products $270K
Precious metals & jewellery $33K
Grenada
Export category Export value
Machinery & equipment $668K
Metals $279K
Miscellaneous $11K
Textiles & consumer goods $11K
Chemicals & pharma $9K
Processed food, beverages & tobacco $1K

Balance of trade

China Grenada
Current account balance
$735B
2025
-$328M
2025
Current account balance ranking
1/190
2025
97/190
2025
Current account balance, % of GDP
+3.77%
2025
-23.1%
2025
Goods imports
$2.69T
2025
$612M
2025
Goods exports
$3.75T
2025
$67.4M
2025
Service imports
$623B
2025
$397M
2025
Service exports
$385B
2025
$756M
2025
Imports of goods and services, % of GDP
16.9%
2025
n/a
Exports of goods and services, % of GDP
21.1%
2025
16%
2026

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

China Grenada
Economic freedom 48.3 63
Economic freedom ranking 170/197 84/197
Property rights 40.9 n/a
Government integrity 42.3 n/a
Judicial effectiveness 38.6 n/a
Tax burden 69.3 n/a
Government spending 67.8 n/a
Fiscal health 4.4 n/a
Business freedom 68.7 n/a
Labor freedom 57.9 n/a
Monetary freedom 76.1 n/a
Trade freedom 73.4 n/a
Investment freedom 20 n/a
Financial freedom 20 n/a

Other economic metrics

China Grenada
Services, % of GDP
57.7%
2025
64.9%
2025
Industry, % of GDP
35.6%
2025
15.5%
2025
Agriculture, forestry, and fishing, % of GDP
6.66%
2025
2.54%
2025
GNI, Atlas method
$20T
2025
$1.37B
2025
GNI per capita, PPP
$29,160
2025
$20,170
2025
Total reserves including gold
$3.75T
2025
$408M
2025
Total reserves ranking
1/177
2025
164/177
2025
Net foreign direct investment
$77.2B
2025
-$174M
2025
Net inflows of foreign direct investment
$42.6B
2024
$164M
2024
Net outflows of foreign direct investment
$192B
2024
-$4.02M
2024
Servicing debt to the IMF, % of GNI
1.9%
2024
3.4%
2024
Poverty at national poverty lines
0%
2020
38%
2020
Gross capital formation, % of GDP
40.5%
2024
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/china/grenada | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1982–1990, retrieved 2026-07-08)
  5. TradeMap (2021–2025, retrieved 2026-07-08)
  6. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.