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Grenada vs Malaysia: Economic Indicators Comparison

Malaysia with a GDP of $358.6B ranked the 37th largest economy in the world, while Grenada ranked 183rd with $1.2B. By GDP per capita, Malaysia and Grenada ranked 67th vs 70th, respectively.

Gross Domestic Product & Income

StatGrenadaMalaysia
GDP$1.2B$358.6B
GDP growth, 1 year4.18%4.7%
GDP growth, 5-years averageN/A5.2%
Population108k31.6M
GDP per capita$11k$11k
GDP per capita growth3.64%3.33%
Purchasing Power Parity conversion factor1.851.44
Price level ratio of PPP conversion factor GDP to market exchange rate0.680.36
GDP per capita, PPP adjusted$16k$31k
GNI, Atlas method$1.1B$333.8B
GNI per capita$9.7k$11k
GNI, PPP adjusted$1.6B$966.3B
GNI per capita, PPP adjusted$14k$31k

Financial system and Human development

StatGrenadaMalaysia
Income Tax RateN/A25%
Corporate Tax RateN/A25%
Inflation, consumer prices0.8%1%
Inflation, GDP deflator1%0.7%
Unemployment22.9%3.4%
Economic Freedom Index6374.7
Personal Freedom Index66.23
Human Freedom Index66.38
Property Rights IndexN/A86.5
Judical Effectiveness IndexN/A74.6
Business Freedom IndexN/A87.8
Fiscal Health IndexN/A80.2
Labor Freedom IndexN/A74.5
Investment Freedom IndexN/A60
Financial Freedom IndexN/A50
Trade Freedom IndexN/A82
Monetary Freedom IndexN/A81.6
Government Spending IndexN/A84.6
Tax Burden IndexN/A85.7
Government Integrity IndexN/A49.4
Corruption Perceptions Index5247
Life expectancy at birth, years72.475.8
Suicide mortality rate, per 100,000 people1.75.5
Mortality caused by road traffic injury, per 100,000 people9.323.6
Intentional homicides, per 100,000 people11.12.1
International tourism, number of arrivals185k25.8M

Government debt & reserves

StatGrenadaMalaysia
Central government debt, % of GDPN/A56.2%
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/A10%
Gross savings, % of GDPN/A25.7%
Gross capital formation, % of GDPN/A23.6%
Total reserves including gold$233.8M$101.5B
Foreign direct investment net inflows$153.7M$8.6B

Exports, imports and economic structure

StatGrenadaMalaysia
Exports of goods and services, % of GDP54.2%68.8%
Imports of goods and services, % of GDP55.2%61.7%
Current account balance (balance of payments)-$116.3M$7.6B
Revenue excluding grants, % of GDPN/A16.1%
Grants excluding technical cooperation, BoP$250k$26.2M
Personal remittances received$48.5M$1.7B
Industry including construction value added, % of GDP13.3%38.3%
Agriculture, forestry and fishing value added, % of GDP5.2%7.5%
Charges for the use of intellectual property, payments BoP$9.3M$2B
Charges for the use of intellectual property, receipts BoP$56k$267.4M
Expense, % of GDPN/A15.9%
Government Expenditure, % of GDPN/A22.6%

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
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
Gabon
$8k
1.67M

Malaysia vs

CountryGDP
per capita
Population
Uruguay
$17k
3.41M
Trinidad and Tobago
$17k
1.34M
Antigua and Barbuda
$17k
101k
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
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