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Economy of Grenada vs Tajikistan compared: GDP & Debt

Updated on by Georank

Grenada has a GDP of $1.42B compared to $17.7B for Tajikistan, ranking 184/197 and 140/197 by economy size, respectively.

Grenada has $1.02B in government debt (71.6% of GDP), compared to $3.82B (21.6% of GDP) in Tajikistan.

Grenada vs Tajikistan GDP by year

Grenada
Tajikistan
1x
Year GDP, current $
Grenada Tajikistan
2025 $1,420,173,229 $17,660,626,562
2024 $1,351,270,370 $14,425,113,700
2023 $1,336,418,519 $12,244,169,293
2022 $1,224,007,407 $10,713,525,200
2021 $1,122,222,222 $8,937,805,347
2020 $1,043,411,111 $8,133,963,551
2019 $1,213,485,185 $8,300,813,599
2018 $1,166,514,815 $7,764,999,999
2017 $1,125,685,185 $7,536,402,853
2016 $1,061,640,741 $6,992,416,097
2015 $997,007,407 $8,271,431,485
2014 $911,496,296 $9,112,605,459
2013 $842,618,519 $8,448,411,318
2012 $799,881,481 $7,633,036,903
2011 $778,655,556 $6,522,756,255
2010 $771,014,815 $5,642,221,099
2009 $771,275,556 $4,979,472,364
2008 $825,976,037 $5,161,299,725
2007 $758,683,593 $3,719,524,541
2006 $698,700,667 $2,830,213,849
2005 $695,555,556 $2,312,352,021
2004 $599,118,593 $2,076,176,869
2003 $591,018,407 $1,555,318,261
2002 $540,336,926 $1,221,106,220
2001 $520,444,185 $1,080,772,551
2000 $520,044,370 $860,541,842
1999 $482,009,370 $1,086,612,290
1998 $445,903,593 $1,320,199,582
1997 $392,190,593 $921,518,033
1996 $366,911,444 $1,043,654,822
1995 $342,172,519 $1,231,561,860
1994 $325,111,815 $1,522,001,206
1993 $309,812,185 $1,646,623,195
1992 $310,160,444 $1,908,554,572
1991 $300,757,889 $2,536,585,366
1990 $278,098,763 $2,629,395,066
1989 $267,327,642 -
1988 $236,357,524 -
1987 $215,009,570 -
1986 $187,589,523 -
1985 $167,728,455 -
1984 $145,533,311 -
1983 $131,803,552 -
1982 $125,435,590 -
1981 $115,651,919 -
1980 $110,900,457 -
1979 $102,244,362 -
1978 $88,322,386 -
1977 $71,494,495 -

Data sources: World Bank | Economy & Growth (1977–2025, retrieved 2026-07-08).

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

GDP per capita in Grenada vs Tajikistan by year

Grenada
GDP per capita

GDP per capita, PPP
Tajikistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Grenada Tajikistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $12,107 - $1,637 -
2024 $11,529 $20,178 $1,362 $5,406
2023 $11,414 $18,971 $1,178 $4,964
2022 $10,469 $17,544 $1,052 $4,514
2021 $9,617 $15,290 $897 $3,986
2020 $8,969 $14,361 $834 $3,654
2019 $10,463 $16,446 $871 $3,460
2018 $10,083 $15,975 $834 $3,069
2017 $9,751 $15,041 $829 $3,017
2016 $9,221 $13,978 $789 $2,914
2015 $8,694 $13,214 $957 $2,975
2014 $7,986 $12,229 $1,082 $3,152
2013 $7,425 $11,199 $1,028 $2,919
2012 $7,093 $10,575 $952 $2,679
2011 $6,947 $10,592 $834 $2,456
2010 $6,910 $10,344 $737 $2,291
2009 $6,933 $10,303 $665 $2,171
2008 $7,448 $11,001 $703 $2,120
2007 $6,865 $10,728 $517 $1,966
2006 $6,344 $9,877 $401 $1,810
2005 $6,339 $10,016 $334 $1,673
2004 $5,480 $8,606 $306 $1,550
2003 $5,428 $8,469 $233.6 $1,396
2002 $4,984 $7,621 $187 $1,257
2001 $4,820 $7,283 $168.7 $1,139
2000 $4,840 $7,306 $136.9 $1,036
1999 $4,516 $6,857 $175 $947
1998 $4,206 $6,368 $213.7 $905
1997 $3,725 $5,673 $150.1 $855
1996 $3,508 $5,347 $172 $836
1995 $3,294 $5,062 $207 $1,006
1994 $3,152 $4,889 $261.3 $1,148
1993 $3,026 $4,742 $287.6 $1,454
1992 $3,053 $4,761 $338 $1,721
1991 $2,984 $4,733 $458 $2,417
1990 $2,782 $4,553 $487 $2,583
1989 $2,697 - - -
1988 $2,404 - - -
1987 $2,205 - - -
1986 $1,938 - - -
1985 $1,745 - - -
1984 $1,524 - - -
1983 $1,388 - - -
1982 $1,329 - - -
1981 $1,230 - - -
1980 $1,173 - - -
1979 $1,071 - - -
1978 $917 - - -
1977 $737 - - -

Data sources: World Bank | Economy & Growth (1977–2025, retrieved 2026-07-08).

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

Grenada's GDP per capita is $12,107, ranking 82/197, compared to $1,637 in Tajikistan, ranking 163/197. Adjusted for purchasing power (GDP per capita PPP), Grenada ranks 96th at $20,178, while Tajikistan ranks 157th at $5,406.

Economic indicators

Grenada Tajikistan
Gross domestic product
$1.42B
2025
$17.7B
2025
GDP rank
184/197
2025
140/197
2025
GDP growth
4.41%
2024-2025
8.4%
2024-2025
GDP per capita
$12,107
2025
$1,637
2025
GDP per capita rank
82/197
2025
163/197
2025
GDP per capita, PPP
$20,178
2024
$5,406
2024
GDP per capita PPP rank
96/197
2024
157/197
2024
Government debt
$1.02B
2025
$3.82B
2025
Debt-to-GDP ratio
71.6%
2025
21.6%
2025
Government debt per person
$8,671
2025
$354
2025
Government debt per person rank
65/185
2025
174/185
2025
Average annual personal income after taxes
$11,184
2026
$1,705
2026
Income share by richest 10%
33.7%
2018
28.2%
2024
Income share by poorest 10%
2.1%
2018
2.9%
2024
Government expenditure, % of GDP
39.1%
2025
29.3%
2025
Consumer prices inflation
0.61%
2024-2025
3.4%
2024-2025
Central bank interest rate n/a
7%
2026
Unemployment rate
6.34%
2023
0.08%
2016
Population
117405
11080415

Spending and national debt comparison by year

Grenada
Spending

Debt
Tajikistan
Spending

Debt
1x
Year % of GDP
Grenada Tajikistan
Government spending Government debt Government spending Government debt
2025 39.1% 71.6% 29.3% 21.6%
2024 38.3% 75.1% 27.2% 24.9%
2023 28.7% 74.5% 28% 29.9%
2022 32% 79.3% 27.4% 31.8%
2021 31.3% 86.6% 27.6% 42%
2020 32.7% 89.5% 29.2% 50.9%
2019 21.6% 62.7% 28.8% 43.2%
2018 22.1% 68.5% 30.9% 46.3%
2017 22.6% 70.3% 33.8% 46.3%
2016 23.5% 81.6% 32.7% 42.2%
2015 25.3% 90.1% 31.9% 35%
2014 28.7% 99.3% 27.5% 27.9%
2013 28.1% 105.4% 27.7% 29.3%
2012 26.2% 101.5% 24.7% 32.5%
2011 28.3% 102.8% 24.3% 35.5%
2010 28% 96.2% 25.9% 36.8%
2009 27.2% 91.1% 23.6% 36.9%
2008 27.9% 83.9% 20.2% 30.2%
2007 27.7% 89.1% 20.3% 34.3%
2006 32.4% 92.9% 21.6% 36.8%
2005 26.6% 87.3% 22.9% 45.8%
2004 24.7% 94.7% 20.2% 49.4%
2003 28.7% 79.6% 19.1% 69.8%
2002 35.7% 79.1% 19.1% 98.3%
2001 29.6% 44.6% 17.3% 99.4%
2000 25.6% 41.6% 18.1% 111.4%
1999 23.7% 34.5% 17.5% 107.8%
1998 25.3% 40.3% 17.1% 96.6%
1997 26.6% 41.4% - -
1996 26.3% 43.9% - -
1995 23.2% 43.1% - -
1994 24.7% 45.7% - -
1993 23.1% 45.3% - -
1992 21.8% 40.1% - -
1991 26.8% 42% - -
1990 29% 46.2% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1990, retrieved 2026-07-08).

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

In 2025, Grenada's government spending was $556M, accounting for 39.1% of its GDP, while Tajikistan spent $5.17B, or 29.3% of GDP.

Debt-to-GDP ratio is 71.6% in Grenada and 21.6% in Tajikistan, ranking 54/185 and 171/185, respectively.

Government deficit by year

Deficit/surplus
Grenada

Tajikistan
1x
Year Deficit/surplus, % of GDP
Grenada Tajikistan
2025 -5.01% -1.79%
2024 6.88% 0.32%
2023 7.94% -0.92%
2022 0.93% -0.23%
2021 0.33% -0.64%
2020 -4.55% -4.34%
2019 4.96% -2.04%
2018 4.92% -2.69%
2017 3.02% -5.65%
2016 2.69% -2.91%
2015 -0.8% -1.96%
2014 -4.2% 0.92%
2013 -7.25% -0.73%
2012 -5.44% 0.41%
2011 -4.86% 0.6%
2010 -4.07% -2.71%
2009 -4.4% -0.2%
2008 -3.72% 1.94%
2007 -5.91% 2.13%
2006 -5.23% 2%
2005 0.9% -2.83%
2004 -0.57% -2.32%
2003 -2.81% -1.74%
2002 -13.9% -2.4%
2001 -6.05% -2.11%
2000 -2.07% -4.51%
1999 -1.7% -4.03%
1998 -2.39% -5.09%
1997 -4.94% -
1996 -3.02% -
1995 -0.46% -
1994 -2.85% -
1993 -0.16% -
1992 -1.46% -
1991 -4.34% -
1990 -7.78% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Grenada's government deficit, the difference between spending and revenue, was $71.1M, equivalent to 5.01% of GDP. This compares to Tajikistan's deficit of $316M, or 1.79% of GDP.

Over the past 28 years, Grenada recorded a fiscal deficit in 19 of those years, while Tajikistan ran a deficit in 21 years. On average, Grenada posted an annual deficit equal to 1.87% of GDP, compared to deficit of 1.55% of GDP for Tajikistan.

Inflation comparison by year

Inflation
Grenada

Tajikistan
1x
Year Consumer prices inflation
Grenada Tajikistan
2025 0.61% 3.4%
2024 1.09% 3.5%
2023 2.7% 3.7%
2022 2.58% 6.6%
2021 1.22% 9%
2020 -0.74% 8.6%
2019 0.6% 7.8%
2018 0.8% 3.8%
2017 0.91% 7.3%
2016 1.65% 5.9%
2015 -0.52% 5.8%
2014 -0.98% 6.1%
2013 -0.04% 5%
2012 2.41% 5.8%
2011 3.03% 12.4%
2010 3.44% 6.5%
2009 -0.31% 6.4%
2008 8.03% 20.4%
2007 3.86% 13.2%
2006 4.25% 10%
2005 3.48% 7.3%
2004 2.31% 7.2%
2003 2.15% 16.4%
2002 1.07% 12.2%
2001 3.14% 38.6%
2000 2.18% 32.9%
1999 0.58% 27.5%
1998 1.38% 43.2%
1997 1.24% 88%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Grenada has recorded an average annual inflation rate of 1.8%, compared with 14.6% in Tajikistan. In 2025, inflation was 0.61% in Grenada and 3.4% in Tajikistan.

Balance of trade

Grenada Tajikistan
Current account balance
-$328M
2025
$3.02B
2025
Current account balance ranking
97/190
2025
38/190
2025
Current account balance, % of GDP
-23.1%
2025
+17.1%
2025
Goods imports
$612M
2025
$7.45B
2025
Goods exports
$67.4M
2025
$1.95B
2025
Service imports
$397M
2025
$1.14B
2025
Service exports
$756M
2025
$168M
2025
Imports of goods and services, % of GDP n/a
47.9%
2024
Exports of goods and services, % of GDP
16%
2026
11.2%
2024

Economic freedom indices

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

Grenada Tajikistan
Economic freedom 63 52.5
Economic freedom ranking 84/197 147/197
Property rights n/a 28.4
Government integrity n/a 18.5
Judicial effectiveness n/a 10.1
Tax burden n/a 94.2
Government spending n/a 77
Fiscal health n/a 98.6
Business freedom n/a 60.6
Labor freedom n/a 43.4
Monetary freedom n/a 72.6
Trade freedom n/a 72.2
Investment freedom n/a 25
Financial freedom n/a 30

Other economic metrics

Grenada Tajikistan
Services, % of GDP
64.9%
2025
36.5%
2024
Industry, % of GDP
15.5%
2025
32.4%
2024
Agriculture, forestry, and fishing, % of GDP
2.54%
2025
23.1%
2024
GNI, Atlas method
$1.37B
2025
$22.4B
2025
GNI per capita, PPP
$20,170
2025
$8,240
2025
Total reserves including gold
$408M
2025
$4.31B
2025
Total reserves ranking
164/177
2025
109/177
2025
Net foreign direct investment
-$174M
2025
$8.2M
2025
Net inflows of foreign direct investment
$164M
2024
$291M
2024
Net outflows of foreign direct investment
-$4.02M
2024
$101M
2024
Servicing debt to the IMF, % of GNI
3.4%
2024
3.04%
2024
Poverty at national poverty lines
38%
2020
19.8%
2024
Gross capital formation, % of GDP n/a
32.4%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1977–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  6. LivingCost (2026, retrieved 2026-07-08)
  7. International Monetary Fund (IMF) | Public Finances in Modern History (1990, retrieved 2026-07-08)
  8. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

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.