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Economy of France vs Grenada compared: GDP & Debt

Updated on by Georank team

France has a GDP of $3.16T compared to $1.37B for Grenada, ranking 7/197 and 184/197 by economy size, respectively.

France has $3.58T in government debt (113.1% of GDP), compared to $997M (72.7% of GDP) in Grenada.

France vs Grenada GDP by year

France
Grenada
1x
Year GDP, current $
France Grenada
2024 $3,160,442,622,465 $1,371,918,519
2023 $3,056,250,648,138 $1,336,418,519
2022 $2,794,788,137,067 $1,224,007,407
2021 $2,966,433,692,008 $1,122,222,222
2020 $2,647,926,055,110 $1,043,411,111
2019 $2,722,793,515,172 $1,213,485,185
2018 $2,781,576,320,884 $1,166,514,815
2017 $2,588,868,323,335 $1,125,685,185
2016 $2,470,407,619,777 $1,061,640,741
2015 $2,442,483,452,643 $997,007,407
2014 $2,861,236,112,552 $911,496,296
2013 $2,816,077,607,875 $842,618,519
2012 $2,683,007,095,787 $799,881,481
2011 $2,870,408,553,990 $778,655,556
2010 $2,646,230,027,988 $771,014,815
2009 $2,700,075,882,519 $771,275,556
2008 $2,926,802,941,586 $825,976,037
2007 $2,655,816,911,867 $758,683,593
2006 $2,317,861,544,691 $698,700,667
2005 $2,192,146,403,028 $695,555,556
2004 $2,109,792,297,237 $599,118,593
2003 $1,835,095,983,049 $591,018,407
2002 $1,492,427,756,382 $540,336,926
2001 $1,370,376,677,299 $520,444,185
2000 $1,360,959,069,477 $520,044,370
1999 $1,486,915,879,702 $482,009,370
1998 $1,496,906,382,032 $445,903,593
1997 $1,449,392,222,971 $392,190,593
1996 $1,598,889,216,566 $366,911,444
1995 $1,595,219,345,512 $342,172,519
1994 $1,385,822,778,828 $325,111,815
1993 $1,314,383,368,080 $309,812,185
1992 $1,389,663,073,110 $310,160,444
1991 $1,258,961,748,634 $300,757,889
1990 $1,257,649,439,827 $278,098,763
1989 $1,016,742,237,302 $267,327,642
1988 $1,010,827,662,152 $236,357,524
1987 $926,320,855,615 $215,009,570
1986 $764,946,585,851 $187,589,523
1985 $547,220,981,165 $167,728,455
1984 $525,033,325,828 $145,533,311
1983 $553,356,312,936 $131,803,552
1982 $578,152,310,610 $125,435,590
1981 $609,184,791,792 $115,651,919
1980 $694,529,183,483 $110,900,457
1979 $608,218,624,730 $102,244,362
1978 $501,724,418,605 $88,322,386
1977 $406,401,711,688 $71,494,495
1976 $368,363,152,144 -
1975 $357,324,307,786 -
1974 $282,739,225,314 -
1973 $261,970,536,240 -
1972 $201,738,881,664 -
1971 $164,694,210,962 -
1970 $147,312,861,698 -
1969 $140,660,914,841 -
1968 $128,710,572,572 -
1967 $118,088,635,381 -
1966 $109,306,730,313 -
1965 $100,927,668,584 -
1964 $93,424,179,943 -
1963 $84,227,606,650 -
1962 $75,196,980,365 -
1961 $67,158,050,215 -
1960 $61,959,085,885 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in France vs Grenada by year

France
GDP per capita

GDP per capita, PPP
Grenada
GDP per capita

GDP per capita, PPP
1x
Year Current $
France Grenada
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $46,103 $62,557 $11,705 $20,178
2023 $44,700 $60,839 $11,414 $18,971
2022 $40,989 $57,043 $10,469 $17,544
2021 $43,725 $52,517 $9,617 $15,290
2020 $39,170 $49,482 $8,969 $14,361
2019 $40,408 $51,130 $10,463 $16,446
2018 $41,418 $46,381 $10,083 $15,975
2017 $38,687 $44,469 $9,751 $15,041
2016 $37,024 $42,880 $9,221 $13,978
2015 $36,702 $40,905 $8,694 $13,214
2014 $43,148 $40,218 $7,986 $12,229
2013 $42,669 $39,583 $7,425 $11,199
2012 $40,864 $37,671 $7,093 $10,575
2011 $43,930 $37,510 $6,947 $10,592
2010 $40,695 $35,908 $6,910 $10,344
2009 $41,728 $34,685 $6,933 $10,303
2008 $45,465 $35,053 $7,448 $11,001
2007 $41,486 $34,066 $6,865 $10,728
2006 $36,432 $32,424 $6,344 $9,877
2005 $34,696 $30,431 $6,339 $10,016
2004 $33,645 $28,921 $5,480 $8,606
2003 $29,480 $28,024 $5,428 $8,469
2002 $24,145 $28,350 $4,984 $7,621
2001 $22,332 $27,347 $4,820 $7,283
2000 $22,341 $26,007 $4,840 $7,306
1999 $24,576 $24,204 $4,516 $6,857
1998 $24,869 $23,263 $4,206 $6,368
1997 $24,169 $22,190 $3,725 $5,673
1996 $26,758 $21,268 $3,508 $5,347
1995 $26,792 $20,701 $3,294 $5,062
1994 $23,360 $19,892 $3,152 $4,889
1993 $22,239 $19,094 $3,026 $4,742
1992 $23,615 $18,801 $3,053 $4,761
1991 $21,501 $18,198 $2,984 $4,733
1990 $21,586 $17,475 $2,782 $4,553
1989 $17,547 - $2,697 -
1988 $17,550 - $2,404 -
1987 $16,176 - $2,205 -
1986 $13,430 - $1,938 -
1985 $9,657 - $1,745 -
1984 $9,312 - $1,524 -
1983 $9,862 - $1,388 -
1982 $10,360 - $1,329 -
1981 $10,956 - $1,230 -
1980 $12,565 - $1,173 -
1979 $11,063 - $1,071 -
1978 $9,167 - $917 -
1977 $7,459 - $737 -
1976 $6,792 - - -
1975 $6,617 - - -
1974 $5,261 - - -
1973 $4,907 - - -
1972 $3,809 - - -
1971 $3,137 - - -
1970 $2,833 - - -
1969 $2,729 - - -
1968 $2,518 - - -
1967 $2,328 - - -
1966 $2,173 - - -
1965 $2,024 - - -
1964 $1,891 - - -
1963 $1,723 - - -
1962 $1,554 - - -
1961 $1,402 - - -
1960 $1,307 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

France's GDP per capita is $46,103, ranking 27/197, compared to $11,705 in Grenada, ranking 80/197. Adjusted for purchasing power (GDP per capita PPP), France ranks 30th at $62,557, while Grenada ranks 96th at $20,178.

Economic indicators

France Grenada
Gross domestic product
$3.16T
2024
$1.37B
2024
GDP rank
7/197
2024
184/197
2024
GDP growth
1.19%
2023-2024
3.96%
2023-2024
GDP per capita
$46,103
2024
$11,705
2024
GDP per capita rank
27/197
2024
80/197
2024
GDP per capita, PPP
$62,557
2024
$20,178
2024
GDP per capita PPP rank
30/197
2024
96/197
2024
Government debt
$3.58T
2024
$997M
2024
Debt-to-GDP ratio
113.1%
2024
72.7%
2024
Government debt per person
$52,165
2024
$8,510
2024
Government debt per person rank
8/185
2024
61/185
2024
Average annual personal income after taxes
$35,669
2026
$11,170
2026
Market capitalization of domestic companies
$2.37T
2018
n/a
Number of millionaires
2,897,000
2025
n/a
Number of billionaires
52
2025
n/a
Income share by richest 10%
25%
2023
33.7%
2018
Income share by poorest 10%
3%
2023
2.1%
2018
Government expenditure, % of GDP
57.2%
2024
37.1%
2024
Consumer prices inflation
2%
2023-2024
1.09%
2023-2024
Unemployment rate
7.44%
2024
6.34%
2023
Population
68788006
117407

Spending and national debt comparison by year

France
Spending

Debt
Grenada
Spending

Debt
1x
Year % of GDP
France Grenada
Government spending Government debt Government spending Government debt
2024 57.2% 113.1% 37.1% 72.7%
2023 56.8% 109.6% 28.7% 74.5%
2022 58.4% 111.4% 32% 79.3%
2021 59.5% 112.8% 31.3% 86.6%
2020 61.7% 114.9% 32.7% 89.5%
2019 55.3% 98.1% 21.6% 62.7%
2018 56.4% 98.5% 22.1% 68.5%
2017 57.7% 98.7% 22.6% 70.3%
2016 57.4% 98.1% 23.5% 81.6%
2015 57.6% 96.9% 25.3% 90.1%
2014 58.4% 96.1% 28.7% 99.3%
2013 58.6% 94.5% 28.1% 105.4%
2012 57.9% 91.7% 26.2% 101.5%
2011 57% 88.7% 28.3% 102.8%
2010 57.7% 86.3% 28% 96.2%
2009 58% 84.1% 27.2% 91.1%
2008 54.3% 69.8% 27.9% 83.9%
2007 53.6% 65.5% 27.7% 89.1%
2006 53.7% 65.4% 32.4% 92.9%
2005 54.3% 68.2% 26.6% 87.3%
2004 54% 66.9% 24.7% 94.7%
2003 54.4% 65.4% 28.7% 79.6%
2002 53.9% 61.3% 35.7% 79.1%
2001 52.8% 59.3% 29.6% 44.6%
2000 52.6% 59.7% 25.6% 41.6%
1999 53.7% 61.4% 23.7% 34.5%
1998 54% 62.1% 25.3% 40.3%
1997 55.6% 62% 26.6% 41.4%
1996 56% 60.6% 26.3% 43.9%
1995 56% 57.8% 23.2% 43.1%
1994 55.9% 51.6% 24.7% 45.7%
1993 56.5% 48.2% 23.1% 45.3%
1992 54% 41.7% 21.8% 40.1%
1991 52.7% 37.8% 26.8% 42%
1990 51.6% 36.8% 29% 46.2%
1989 48.9% 34% - -
1988 50.1% 33.3% - -
1987 50.7% 33.4% - -
1986 51.3% 31.1% - -
1985 51.9% 30.6% - -
1984 51.2% 29% - -
1983 50.2% 26.6% - -
1982 49.9% 25.3% - -
1981 48.5% 22% - -
1980 46% 20.7% - -
1979 44.9% 21.1% - -
1978 44.7% 21.2% - -
1977 21.4% 15% - -
1976 21.7% 15.1% - -
1975 22% 16.1% - -
1974 19.9% 15.4% - -
1973 19.7% 15.8% - -
1972 19.8% 17.7% - -
1971 20% 20.1% - -
1970 20.5% 21% - -
1969 21.5% 14.4% - -
1968 22.7% 15.8% - -
1967 21.4% 16.1% - -
1966 21.4% 15.3% - -
1965 21.1% 17.6% - -
1964 21% 19.6% - -
1963 22.6% 22.2% - -
1962 21.7% 23.6% - -
1961 21.9% 26.3% - -
1960 22.2% 28.5% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1990, retrieved 2026-02-20).

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

In 2024, France's government spending was $1.81T, accounting for 57.2% of its GDP, while Grenada spent $509M, or 37.1% of GDP.

Debt-to-GDP ratio is 113.1% in France and 72.7% in Grenada, ranking 14/185 and 52/185, respectively.

Government deficit by year

Deficit/surplus
France

Grenada
1x
Year Deficit/surplus, % of GDP
France Grenada
2024 -5.77% 6.66%
2023 -5.44% 7.94%
2022 -4.74% 0.93%
2021 -6.58% 0.33%
2020 -8.93% -4.55%
2019 -2.39% 4.96%
2018 -2.32% 4.92%
2017 -3.36% 3.02%
2016 -3.76% 2.69%
2015 -3.89% -0.8%
2014 -4.57% -4.2%
2013 -4.94% -7.25%
2012 -5.17% -5.44%
2011 -5.3% -4.86%
2010 -7.16% -4.07%
2009 -7.38% -4.4%
2008 -3.5% -3.72%
2007 -2.99% -5.91%
2006 -2.66% -5.23%
2005 -3.5% 0.9%
2004 -3.55% -0.57%
2003 -4.09% -2.81%
2002 -3.18% -13.9%
2001 -1.42% -6.05%
2000 -1.32% -2.07%
1999 -1.55% -1.7%
1998 -2.39% -2.39%
1997 -3.71% -4.94%
1996 -3.89% -3.02%
1995 -5.11% -0.46%
1994 -5.46% -2.85%
1993 -6.4% -0.16%
1992 -4.64% -1.46%
1991 -2.89% -4.34%
1990 -2.45% -7.78%
1989 -1.9% -
1988 -2.7% -
1987 -2.13% -
1986 -3.3% -
1985 -3.08% -
1984 -2.8% -
1983 -2.58% -
1982 -2.91% -
1981 -2.39% -
1980 -0.27% -
1979 -0.36% -
1978 -1.73% -
1977 0.9% -
1976 1.01% -
1975 -0.28% -
1974 3.05% -
1973 1.97% -
1972 1.94% -
1971 -0.13% -
1970 0.02% -
1969 -0.49% -
1968 -2.54% -
1967 -0.8% -
1966 -0.57% -
1965 -0.07% -
1964 -0.25% -
1963 -2.24% -
1962 -1.53% -
1961 -1.36% -
1960 -1.95% -
1959 0.56% -
1958 0.08% -
1957 -1.99% -
1956 -2.62% -
1955 -1.04% -
1954 -0.78% -
1953 -4.79% -
1952 -6.82% -
1951 -4.42% -
1950 -5.56% -
1949 -7.31% -
1948 -9.11% -
1947 -7.6% -
1946 -8.1% -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 -6.89% -
1936 -4.76% -
1935 -4.22% -
1934 -4.31% -
1933 -4.96% -
1932 -1.86% -
1931 -2.06% -
1930 -1.65% -
1929 1.48% -
1928 1.13% -
1927 -0.04% -
1926 -0.02% -
1925 -0.87% -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 0.05% -
1912 0.23% -
1911 0.31% -
1910 -0.12% -
1909 -0.11% -
1908 -0.15% -
1907 0.23% -
1906 -0.04% -
1905 0.18% -
1904 0.3% -
1903 0.21% -
1902 -0.37% -
1901 -0.39% -
1900 0.21% -
1899 0.21% -
1898 0.29% -
1897 0.01% -
1896 -0.03% -
1895 -0.07% -
1894 -0.08% -
1893 -0.3% -
1892 -0.03% -
1891 0.36% -
1890 0.31% -
1889 0.09% -
1888 0.18% -
1887 -0.07% -
1886 -0.5% -
1885 -0.59% -
1884 -0.35% -
1883 -0.23% -
1882 -0.15% -
1881 0.64% -
1880 0.65% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, France's government deficit, the difference between spending and revenue, was $182B, equivalent to 5.77% of GDP. This compares to Grenada's surplus of $91.4M, or 6.66% of GDP.

Over the past 35 years, France recorded a fiscal deficit in 35 of those years, while Grenada ran a deficit in 26 years. On average, France posted an annual deficit equal to 4.18% of GDP, compared to deficit of 2.07% of GDP for Grenada.

Inflation comparison by year

Inflation
France

Grenada
1x
Year Consumer prices inflation
France Grenada
2024 2% 1.09%
2023 4.88% 2.7%
2022 5.22% 2.58%
2021 1.64% 1.22%
2020 0.48% -0.74%
2019 1.11% 0.6%
2018 1.85% 0.8%
2017 1.03% 0.91%
2016 0.18% 1.65%
2015 0.04% -0.52%
2014 0.51% -0.98%
2013 0.86% -0.04%
2012 1.95% 2.41%
2011 2.11% 3.03%
2010 1.53% 3.44%
2009 0.09% -0.31%
2008 2.81% 8.03%
2007 1.49% 3.86%
2006 1.68% 4.25%
2005 1.75% 3.48%
2004 2.14% 2.31%
2003 2.1% 2.15%
2002 1.92% 1.07%
2001 1.63% 3.14%
2000 1.68% 2.18%
1999 0.54% 0.58%
1998 0.65% 1.38%
1997 1.2% 1.24%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, France has recorded an average annual inflation rate of 1.61%, compared with 1.84% in Grenada. In 2024, inflation was 2% in France and 1.09% in Grenada.

Top exports between countries

France
Export category Export value
Machinery & equipment $3.88M
Raw materials & minerals $3.12M
Processed food, beverages & tobacco $1.04M
Chemicals & pharma $462K
Metals $208K
Textiles & consumer goods $196K
Animal & marine products $172K
Wood & paper products $144K
Raw agricultural goods $55K
Precious metals & jewellery $47K
Grenada
Export category Export value
Processed food, beverages & tobacco $225K
Animal & marine products $70K
Miscellaneous $22K
Metals $12K
Raw agricultural goods $5K
Textiles & consumer goods $3K
Machinery & equipment $2K

Balance of trade

France Grenada
Current account balance
$2.69B
2024
-$271M
2024
Current account balance ranking
42/190
2024
99/190
2024
Current account balance, % of GDP
+0.09%
2024
-19.7%
2024
Goods imports
$733B
2024
$562M
2024
Goods exports
$668B
2024
$70.4M
2024
Service imports
$341B
2024
$429M
2024
Service exports
$403B
2024
$789M
2024
Imports of goods and services, % of GDP
34.2%
2024
n/a
Exports of goods and services, % of GDP
33.9%
2024
16%
2025

Economic freedom indices

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

France Grenada
Economic freedom 64.6 63
Economic freedom ranking 72/197 84/197
Property rights 91.2 n/a
Government integrity 73.4 n/a
Judicial effectiveness 84.7 n/a
Tax burden 54.6 n/a
Government spending 0.9 n/a
Fiscal health 34.8 n/a
Business freedom 78.4 n/a
Labor freedom 59.1 n/a
Monetary freedom 73.2 n/a
Trade freedom 79.4 n/a
Investment freedom 75 n/a
Financial freedom 70 n/a

Other economic metrics

France Grenada
Services, % of GDP
70.9%
2024
65.7%
2024
Industry, % of GDP
17.2%
2024
15.2%
2024
Agriculture, forestry, and fishing, % of GDP
1.3%
2024
2.95%
2024
GNI, Atlas method
$3.1T
2024
$1.23B
2024
GNI per capita, PPP
$63,880
2024
$18,220
2024
Total reserves including gold
$283B
2024
$423M
2024
Total reserves ranking
13/177
2024
161/177
2024
Net foreign direct investment
-$10.3B
2024
-$223M
2024
Net inflows of foreign direct investment
$52.1B
2024
$164M
2024
Net outflows of foreign direct investment
$41.7B
2024
-$4.02M
2024
Servicing debt to the IMF, % of GNI n/a
3.49%
2024
Poverty at national poverty lines
15.6%
2021
38%
2020
Gross capital formation, % of GDP
21.5%
2024
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1990, retrieved 2026-02-20)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2023–2024, retrieved 2026-02-08)
  6. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.