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Grenada vs Israel: Economic Indicators Comparison

Israel with a GDP of $370.6B ranked the 34th largest economy in the world, while Grenada ranked 183rd with $1.2B. By GDP per capita, Israel and Grenada ranked 26th vs 70th, respectively.

Gross Domestic Product & Income

StatGrenadaIsrael
GDP$1.2B$370.6B
GDP growth, 1 year4.18%3.3%
GDP growth, 5-years averageN/A3.4%
Population108k8.9M
GDP per capita$11k$42k
GDP per capita growth3.64%1.47%
Purchasing Power Parity conversion factor1.853.75
Price level ratio of PPP conversion factor GDP to market exchange rate0.681.04
GDP per capita, PPP adjusted$16k$38k
GNI, Atlas method$1.1B$363.6B
GNI per capita$9.7k$41k
GNI, PPP adjusted$1.6B$354.8B
GNI per capita, PPP adjusted$14k$40k

Financial system and Human development

StatGrenadaIsrael
Income Tax RateN/A48%
Corporate Tax RateN/A23%
Inflation, consumer prices0.8%0.8%
Inflation, GDP deflator1%1.2%
Unemployment22.9%4%
Economic Freedom Index6374
Personal Freedom Index67.64
Human Freedom Index67.41
Property Rights IndexN/A82.3
Judical Effectiveness IndexN/A71.8
Business Freedom IndexN/A72.2
Fiscal Health IndexN/A89.2
Labor Freedom IndexN/A64.4
Investment Freedom IndexN/A75
Financial Freedom IndexN/A70
Trade Freedom IndexN/A86.2
Monetary Freedom IndexN/A84.9
Government Spending IndexN/A53.5
Tax Burden IndexN/A61
Government Integrity IndexN/A77.2
Corruption Perceptions Index5261
Life expectancy at birth, years72.482.6
Suicide mortality rate, per 100,000 people1.75.4
Mortality caused by road traffic injury, per 100,000 people9.34.2
Intentional homicides, per 100,000 people11.11.4
International tourism, number of arrivals185k4.1M

Government debt & reserves

StatGrenadaIsrael
Central government debt, % of GDPN/A59.6%
External debt stocks, % of GNI58.8%N/A
External debt stocks$644.9MN/A
Short-term debt, % of total reserves50.4%N/A
Total debt service, % of exports and primary income8.4%N/A
Adjusted net savings including particulate emission damage, % of GNIN/A15.6%
Gross savings, % of GDPN/A24.4%
Gross capital formation, % of GDPN/A21.8%
Total reserves including gold$233.8M$115.3B
Foreign direct investment net inflows$153.7M$20.8B

Exports, imports and economic structure

StatGrenadaIsrael
Exports of goods and services, % of GDP54.2%29.4%
Imports of goods and services, % of GDP55.2%29%
Current account balance (balance of payments)-$116.3M$9.3B
Revenue excluding grants, % of GDPN/A31.8%
Grants excluding technical cooperation, BoP$250k$533.6M
Personal remittances received$48.5M$939.6M
Industry including construction value added, % of GDP13.3%19.4%
Agriculture, forestry and fishing value added, % of GDP5.2%1.1%
Charges for the use of intellectual property, payments BoP$9.3M$1.4B
Charges for the use of intellectual property, receipts BoP$56k$1.3B
Expense, % of GDPN/A37%
Government Expenditure, % of GDPN/A39.4%

Compare with countries close by GDP per capita

Grenada vs

CountryGDP
per capita
Population
Seychelles
$16k
95.8k
Oman
$16k
3.63M
Hungary
$16k
9.97M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
20.9k
Panama
$16k
3.86M
Poland
$15k
38.5M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.87M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Saint Lucia
$11k
179k
Maldives
$10k
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M

Israel vs

CountryGDP
per capita
Population
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Netherlands
$53k
17.2M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k
Brunei
$32k
418k
South Korea
$31k
51.1M
Spain
$30k
46.5M
Malta
$30k
423k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.33M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M