Denmark vs Grenada: Economic Indicators Comparison

Denmark with a GDP of $355.7B ranked the 38th largest economy in the world, while Grenada ranked 183rd with $1.2B. By GDP per capita, Denmark and Grenada ranked 12th vs 70th, respectively.

Gross Domestic Product & Income

StatDenmarkGrenada
GDP$355.7B$1.2B
GDP growth, 1 year1.2%4.18%
GDP growth, 5-years average2%N/A
Population5.8M108k
GDP per capita$61k$11k
GDP per capita growth1.82%3.64%
Purchasing Power Parity conversion factor6.961.85
Price level ratio of PPP conversion factor GDP to market exchange rate1.10.68
GDP per capita, PPP adjusted$52k$16k
GNI, Atlas method$348.6B$1.1B
GNI per capita$60k$9.7k
GNI, PPP adjusted$327.1B$1.6B
GNI per capita, PPP adjusted$56k$14k

Financial system and Human development

StatDenmarkGrenada
Income Tax Rate56%N/A
Corporate Tax Rate23.5%N/A
Inflation, consumer prices0.7%0.8%
Inflation, GDP deflator0.8%1%
Unemployment5%22.9%
Economic Freedom Index78.363
Personal Freedom Index9.496
Human Freedom Index8.736
Property Rights Index86.3N/A
Judical Effectiveness Index84.6N/A
Business Freedom Index88.7N/A
Fiscal Health Index97.7N/A
Labor Freedom Index86.2N/A
Investment Freedom Index90N/A
Financial Freedom Index80N/A
Trade Freedom Index86.4N/A
Monetary Freedom Index84.6N/A
Government Spending Index19.7N/A
Tax Burden Index42N/A
Government Integrity Index93N/A
Corruption Perceptions Index8852
Life expectancy at birth, years8172.4
Suicide mortality rate, per 100,000 people12.81.7
Mortality caused by road traffic injury, per 100,000 people49.3
Intentional homicides, per 100,000 people1.211.1
International tourism, number of arrivals12.7M185k

Government debt & reserves

StatDenmarkGrenada
Central government debt, % of GDP34.3%N/A
External debt stocks, % of GNIN/A58.8%
External debt stocksN/A$644.9M
Short-term debt, % of total reservesN/A50.4%
Total debt service, % of exports and primary incomeN/A8.4%
Adjusted net savings including particulate emission damage, % of GNI18.3%N/A
Gross savings, % of GDP28.7%N/A
Gross capital formation, % of GDP23%N/A
Total reserves including gold$70.9B$233.8M
Foreign direct investment net inflows$1.2B$153.7M

Exports, imports and economic structure

StatDenmarkGrenada
Exports of goods and services, % of GDP55.6%54.2%
Imports of goods and services, % of GDP49.6%55.2%
Current account balance (balance of payments)$24.8B-$116.3M
Revenue excluding grants, % of GDP38.9%N/A
Grants excluding technical cooperation, BoPN/A$250k
Personal remittances received$1.4B$48.5M
Industry including construction value added, % of GDP21.2%13.3%
Agriculture, forestry and fishing value added, % of GDP1%5.2%
Charges for the use of intellectual property, payments BoP$1.6B$9.3M
Charges for the use of intellectual property, receipts BoP$3.3B$56k
Expense, % of GDP37.6%N/A
Government Expenditure, % of GDP51.7%N/A

Compare with countries close by GDP per capita

Denmark vs

CountryGDP
per capita
Population
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k

Grenada vs

CountryGDP
per capita
Population
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M