Grenada vs Monaco: Economic Indicators Comparison

Monaco with a GDP of $7.2B ranked the 149th largest economy in the world, while Grenada ranked 183rd with $1.2B. By GDP per capita, Monaco and Grenada ranked 1st vs 70th, respectively.

Gross Domestic Product & Income

Stat	Grenada	Monaco
GDP	$1.2B	$7.2B
GDP growth, 1 year	4.18%	6.1%
GDP growth, 5-years average	N/A	N/A
Population	108k	39k
GDP per capita	$11k	$186k
GDP per capita growth	3.64%	5.3%
Purchasing Power Parity conversion factor	1.85	N/A
Price level ratio of PPP conversion factor GDP to market exchange rate	0.68	N/A
GDP per capita, PPP adjusted	$16k	$98k
GNI, Atlas method	$1.1B	N/A
GNI per capita	$9.7k	N/A
GNI, PPP adjusted	$1.6B	N/A
GNI per capita, PPP adjusted	$14k	N/A

Financial system and Human development

Stat	Grenada	Monaco
Income Tax Rate	N/A	N/A
Corporate Tax Rate	N/A	N/A
Inflation, consumer prices	0.8%	N/A
Inflation, GDP deflator	1%	0.8%
Unemployment	22.9%	6.3%
Economic Freedom Index	63	83
Personal Freedom Index	6	8.7
Human Freedom Index	6	8.7
Property Rights Index	N/A	N/A
Judical Effectiveness Index	N/A	N/A
Business Freedom Index	N/A	N/A
Fiscal Health Index	N/A	N/A
Labor Freedom Index	N/A	N/A
Investment Freedom Index	N/A	N/A
Financial Freedom Index	N/A	N/A
Trade Freedom Index	N/A	N/A
Monetary Freedom Index	N/A	N/A
Government Spending Index	N/A	N/A
Tax Burden Index	N/A	N/A
Government Integrity Index	N/A	N/A
Corruption Perceptions Index	52	82
Life expectancy at birth, years	72.4	89.7
Suicide mortality rate, per 100,000 people	1.7	0.2
Mortality caused by road traffic injury, per 100,000 people	9.3	0
Intentional homicides, per 100,000 people	11.1	0
International tourism, number of arrivals	185k	347k

Government debt & reserves

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

Exports, imports and economic structure

Stat	Grenada	Monaco
Exports of goods and services, % of GDP	54.2%	N/A
Imports of goods and services, % of GDP	55.2%	N/A
Current account balance (balance of payments)	-$116.3M	N/A
Revenue excluding grants, % of GDP	N/A	N/A
Grants excluding technical cooperation, BoP	$250k	N/A
Personal remittances received	$48.5M	N/A
Industry including construction value added, % of GDP	13.3%	13.1%
Agriculture, forestry and fishing value added, % of GDP	5.2%	N/A
Charges for the use of intellectual property, payments BoP	$9.3M	N/A
Charges for the use of intellectual property, receipts BoP	$56k	N/A
Expense, % of GDP	N/A	N/A
Government Expenditure, % of GDP	N/A	N/A