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

Stat	Denmark	Grenada
GDP	$355.7B	$1.2B
GDP growth, 1 year	1.2%	4.18%
GDP growth, 5-years average	2%	N/A
Population	5.8M	108k
GDP per capita	$61k	$11k
GDP per capita growth	1.82%	3.64%
Purchasing Power Parity conversion factor	6.96	1.85
Price level ratio of PPP conversion factor GDP to market exchange rate	1.1	0.68
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

Stat	Denmark	Grenada
Income Tax Rate	56%	N/A
Corporate Tax Rate	23.5%	N/A
Inflation, consumer prices	0.7%	0.8%
Inflation, GDP deflator	0.8%	1%
Unemployment	5%	22.9%
Economic Freedom Index	78.3	63
Personal Freedom Index	9.49	6
Human Freedom Index	8.73	6
Property Rights Index	86.3	N/A
Judical Effectiveness Index	84.6	N/A
Business Freedom Index	88.7	N/A
Fiscal Health Index	97.7	N/A
Labor Freedom Index	86.2	N/A
Investment Freedom Index	90	N/A
Financial Freedom Index	80	N/A
Trade Freedom Index	86.4	N/A
Monetary Freedom Index	84.6	N/A
Government Spending Index	19.7	N/A
Tax Burden Index	42	N/A
Government Integrity Index	93	N/A
Corruption Perceptions Index	88	52
Life expectancy at birth, years	81	72.4
Suicide mortality rate, per 100,000 people	12.8	1.7
Mortality caused by road traffic injury, per 100,000 people	4	9.3
Intentional homicides, per 100,000 people	1.2	11.1
International tourism, number of arrivals	12.7M	185k

Government debt & reserves

Stat	Denmark	Grenada
Central government debt, % of GDP	34.3%	N/A
External debt stocks, % of GNI	N/A	58.8%
External debt stocks	N/A	$644.9M
Short-term debt, % of total reserves	N/A	50.4%
Total debt service, % of exports and primary income	N/A	8.4%
Adjusted net savings including particulate emission damage, % of GNI	18.3%	N/A
Gross savings, % of GDP	28.7%	N/A
Gross capital formation, % of GDP	23%	N/A
Total reserves including gold	$70.9B	$233.8M
Foreign direct investment net inflows	$1.2B	$153.7M

Exports, imports and economic structure

Stat	Denmark	Grenada
Exports of goods and services, % of GDP	55.6%	54.2%
Imports of goods and services, % of GDP	49.6%	55.2%
Current account balance (balance of payments)	$24.8B	-$116.3M
Revenue excluding grants, % of GDP	38.9%	N/A
Grants excluding technical cooperation, BoP	N/A	$250k
Personal remittances received	$1.4B	$48.5M
Industry including construction value added, % of GDP	21.2%	13.3%
Agriculture, forestry and fishing value added, % of GDP	1%	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 GDP	37.6%	N/A
Government Expenditure, % of GDP	51.7%	N/A