GRENADA  
BASIC SOCIOECONOMIC DATA  
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A. SOCIAL AND DEMOGRAPHIC INDICATORS  
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Land Area: 345 km2            
    Pupil-Teacher Ratio20012011  
Population20012011    Primary......  
Total Population at National Census......    Secondary......  
   Percent Under 15 Years      
   Percent 65 Years and Over Health and Nutrition    
   Inter-Censal Population Growth Rate (%) Population < 1 Year Immunization Coverage (%)20012011  
Population Density Per km2    Poliomyelitis......  
       Measles......  
Demographic Indicators20012011    Diphtheria, Pertussis, and Tetanus......  
Infant Mortality Rate Per 1000 Live Births    Tuberculosis......  
Life Expectancy at Birth (Years)...... HIV+ Cases Per 1000 Population  
Total Fertility Rate......      
Age Dependency Ratio...... Population Access To Health Services (%)20012011  
       Safe Drinking Water......  
Crude Birth Rate Per 1000 Population    Sewage Disposal Services......  
Crude Death Rate Per 1000 Population Daily Caloric Intake......  
         
Education20012011 Health Professionals Per 1000 Population20012011  
Gross Student Enrolment Ratio      Physicians  
   Primary......    Professional Nurses  
   Secondary......    Dentists  
Adult Literacy Rate Hospital Beds Per 1000 Inhabitants  
             
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B. REAL SECTOR 10/2002200320042005200620072008200920102011e Figures At
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 (Annual Percentage Change, Unless Otherwise Stated)  
Real GVA (Basic Prices)3.38.60.112.5-4.46.31.7-5.7-1.31.1 30-Sep-2011
Real GVA (Basic Prices) Per Capita1.97.5-1.011.5-5.25.41.0-6.3-2.50.1  
GVA Deflator0.4-0.12.02.54.72.37.8-0.21.13.1 30-Sep-2011
Consumer Prices (period average)1.12.22.33.54.33.98.0-0.33.41.3 2-Feb-2012
Consumer Prices (e.o.p.)2.31.62.56.21.77.45.2-2.44.2... 2-Feb-2012
Unemployment Rate (percent).............................. 
             
 (Annual Percentage Change)  
Real GVA (Basic Prices)3.38.60.112.5-4.46.31.7-5.7-1.31.1 30-Sep-2011
   Agriculture, Livestock and Forestry5.32.1-4.3-55.845.81.110.821.0-11.48.1 30-Sep-2011
   Fishing-4.319.1-19.80.36.02.87.3-7.89.8-5.0 30-Sep-2011
   Mining and Quarrying-15.240.5-15.44.840.8-1.8-2.5-19.6-44.2-1.5 30-Sep-2011
   Manufacturing6.4-2.3-16.118.9-2.61.8-4.9-5.33.91.5 30-Sep-2011
   Electricity and Water1.26.1-5.24.49.56.43.51.2-0.60.2 30-Sep-2011
   Construction2.024.58.390.8-32.3-5.4-7.0-31.6-6.3-8.0 30-Sep-2011
   Wholesale and Retail Trade4.4-10.81.519.46.83.50.0-16.8-1.71.5 30-Sep-2011
   Restaurants and Hotels5.610.9-16.1-37.569.72.43.0-12.2-9.74.1 30-Sep-2011
   Transport, Storage and Communication0.016.13.716.0-13.912.1-2.0-9.7-4.52.0 30-Sep-2011
   Financial Intermediation0.012.85.0-0.9-5.814.6-2.20.71.6-1.0 30-Sep-2011
   Real Estate, Renting and Business Activities2.33.12.08.4-2.60.6-0.1-1.10.91.3 30-Sep-2011
   Public Administration, Defense and Social Security15.812.5-3.2-1.310.310.43.53.07.20.8 30-Sep-2011
   Education3.69.25.66.54.722.116.05.51.12.8 30-Sep-2011
   Health and Social Work7.1-1.4-0.1-3.75.2-3.70.32.82.73.0 30-Sep-2011
   Other Community, Social and Personal Services4.92.65.34.40.14.02.3-4.6-2.62.1 30-Sep-2011
   Private Households with Employed Persons0.91.01.10.90.80.80.60.70.70.8 30-Sep-2011
   FISIM2.0-14.311.3-3.410.714.23.6-1.66.9-6.0 30-Sep-2011
             
 (In Percent of GDP)  
Gross National Income91.391.589.296.095.994.494.191.593.494.2 30-Sep-2011
Gross National Disposable Income95.297.7109.2107.7101.997.898.596.697.598.0 30-Sep-2011
Private Consumption78.576.671.776.485.884.085.884.889.387.0 30-Sep-2011
Public Consumption12.311.613.413.012.913.214.915.516.416.3 30-Sep-2011
Gross National Savings4.49.524.118.43.10.6-2.2-3.7-8.2-5.4 30-Sep-2011
External Savings23.124.510.927.632.234.633.027.529.426.3 30-Sep-2011
Gross Domestic Investment27.534.035.045.935.335.230.823.821.221.0 30-Sep-2011
             
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C. FISCAL SECTOR 1/2002200320042005200620072008200920102011 Figures At
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 (In Millions of EC Dollars, Unless Otherwise Stated)  
Total Revenue and Grants318.8383.1392.8520.6490.8448.4516.2431.1465.7... 18-Aug-2011
   o/w: Current Revenue292.5323.6300.8359.7386.0428.4464.5401.8414.9... 18-Aug-2011
Total Expenditure527.7441.1425.7464.8588.7557.3627.5533.7516.5... 18-Aug-2011
   Current Expenditure283.3285.7320.8301.1317.5346.0413.6416.7408.5... 18-Aug-2011
      o/w: Payments for Goods and Services 2/172.2170.9193.7218.8220.1237.5285.5277.2291.3... 18-Aug-2011
      o/w: Interest Payments on Debt51.863.171.827.829.033.034.945.343.0... 18-Aug-2011
   Capital Expenditure 7/244.5155.4105.0163.6271.3211.3213.9117.1107.9... 18-Aug-2011
             
Current Savings9.237.9-19.958.668.682.450.9-14.86.4... 18-Aug-2011
Primary Deficit (-) / Surplus (+) 3/-157.25.038.983.6-68.9-75.9-76.4-57.3-7.8... 18-Aug-2011
Overall Deficit (-) / Surplus (+)-209.0-58.1-32.955.8-97.9-108.9-111.3-102.6-50.8... 18-Aug-2011
             
Financing of Overall Deficit (-) / Surplus (+)209.058.132.9-55.897.9108.9111.3102.650.8... 18-Aug-2011
   External (net)273.041.7123.2101.241.46.521.312.329.3... 18-Aug-2011
   Domestic (net)-43.114.4-130.0-175.456.5102.490.090.321.5... 18-Aug-2011
             
 (In Percent of GDP)  
Current Account Deficit (-) / Surplus (+)0.62.4-1.23.13.64.02.3-0.70.3  
Current Revenue19.920.118.519.020.320.820.719.219.6  
Current Expenditure19.317.719.715.916.716.818.419.919.3  
Capital Expenditure 7/16.69.76.58.714.310.29.55.65.1  
Overall Deficit (-) / Surplus (+)-14.2-3.6-2.03.0-5.1-5.3-5.0-4.9-2.4  
             
 (In Percent of Current Revenue)  
Payments of Wages and Salaries42.640.349.141.939.937.043.247.648.1 18-Aug-2011
Transfers and Subsides20.316.018.415.217.717.620.123.417.9 18-Aug-2011
             
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D. FINANCIAL SECTOR2002200320042005200620072008200920102011 Figures At
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 (12-Month Percentage Change, Unless Otherwise Stated)  
Liabilities to the Private Sector8.07.920.1-4.6-0.111.33.83.01.01.1 23-Mar-2012
   Narrow Money (M1)14.215.247.7-17.2-3.416.6-6.3-10.03.0-2.7 23-Mar-2012
   Quasi-Money 4/6.56.012.60.00.99.86.86.40.52.0 23-Mar-2012
Net Domestic Assets of the Banking System 5/-1.87.1-2.52.59.214.59.23.63.14.5 23-Mar-2012
   Credit to Public Sector (net)-4.42.1-6.3-0.8-0.31.51.0-1.8-2.02.7 23-Mar-2012
   Credit to Private Sector2.32.63.45.38.411.910.14.15.12.1 23-Mar-2012
   Other Assets (net)0.32.30.4-2.01.01.1-1.91.3-0.1-0.3 23-Mar-2012
Liabilities to the Private Sector (% GDP)84.383.098.781.080.482.678.686.986.884.3  
             
Commercial Banks Domestic Interest Rates(In Percent)  
   Weighted Average Lending Rate (e.o.p.)10.5012.4110.029.969.729.659.2310.709.4610.33 23-Mar-2012
   Weighted Average Deposit Rate (e.o.p.)3.213.432.822.712.993.043.163.032.652.86 23-Mar-2012
   Interest Rate Spread7.298.987.207.256.736.616.077.676.817.47 23-Mar-2012
             
Income Velocity of Broad Money (GDP/M2A) 6/1.191.201.011.231.241.211.271.151.151.19  
             
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E. EXTERNAL SECTOR2002200320042005200620072008200920102011e Figures At
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 (In Millions of EC Dollars, Unless Otherwise Stated)  
Current Account Balance-339.0-394.0-177.4-521.8-612.1-713.5-741.0-575.6-622.2-579.9 7-Nov-2011
   Merchandise Trade Balance-378.0-493.9-510.9-721.2-714.9-775.3-805.4-614.5-686.2-680.0 7-Nov-2011
      Exports111.8123.0101.388.787.2110.0109.395.381.788.8 7-Nov-2011
      Imports489.8616.9612.2809.9802.1885.3914.7709.8767.9768.7 7-Nov-2011
   Services, Income and Transfers (net)109.4137.7183.253.566.7107.297.0110.2116.8144.2 7-Nov-2011
      of which:            
         Travel Receipts247.0280.1233.4192.8253.3293.6293.2267.2259.8290.7 7-Nov-2011
         Private Transfers (net)52.350.5219.4137.867.757.456.344.845.845.7 7-Nov-2011
Capital and Financial Account Balance357.2387.6304.3528.3616.4714.2711.5638.0535.5526.3 7-Nov-2011
   of which:            
      Foreign Direct Investment147.1240.8175.5189.4242.4422.7384.0276.9162.6106.8 7-Nov-2011
      Portfolio Investment290.778.581.148.1-2.0-6.9-0.722.6-2.1-2.8 7-Nov-2011
Errors and Omissions66.1-28.2-1.8-80.410.928.38.37.360.728.5 7-Nov-2011
Change in Reserves (- Increase)-84.334.6-125.174.0-15.2-29.021.2-69.726.025.1 7-Nov-2011
             
Exports of Goods and Services (% GDP)31.730.132.821.323.024.722.822.521.422.4  
Imports of Goods and Services (% GDP)50.052.253.056.657.157.154.346.548.346.7  
Current Account (% GDP)-23.1-24.5-10.9-27.6-32.2-34.6-33.0-27.5-29.4-26.3  
Merchandise Exports (% Change)-34.910.0-17.6-12.4-1.726.1-0.6-12.8-14.38.6 7-Nov-2011
Merchandise Imports (% Change)-7.825.9-0.832.3-1.010.43.3-22.48.20.1 7-Nov-2011
             
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F. PUBLIC DEBT AND DEBT SERVICE2002200320042005200620072008200920102011 Figures At
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 (In Millions of EC Dollars, Unless Otherwise Stated)  
Public Sector Debt Outstanding and Disbursed1,260.21,316.41,528.61,578.81,656.31,710.01,777.11,883.81,942.1... 14-Dec-2011
   % Nominal GDP85.781.794.083.587.082.979.190.091.8  
             
Central Government Debt Service Payments89.3103.0138.745.945.786.379.2117.583.8... 14-Dec-2011
   % Nominal GDP6.16.48.52.42.44.23.55.64.0  
   % Current Revenue30.531.846.112.811.820.117.129.220.2  
             
Central Government Disbursed Outstanding Debt939.21,040.01,234.01,382.31,458.41,539.11,580.21,684.31,746.7... 14-Dec-2011
   % Nominal GDP63.964.675.973.176.674.670.380.482.6  
             
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G. MEMORANDA ITEMS 10/2002200320042005200620072008200920102011e Figures At
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 (In Millions of EC Dollars, Unless Otherwise Stated)  
Nominal GVA at Basic Prices1,269.01,376.41,406.01,620.61,621.71,763.61,934.11,820.01,816.41,894.2 30-Sep-2011
Real GVA at Basic Prices1,387.41,506.01,507.81,696.11,621.71,723.61,752.71,653.21,632.21,650.4 30-Sep-2011
Nominal GDP at Market Prices1,469.91,610.31,626.11,891.41,903.12,062.62,247.32,093.92,115.72,203.3 30-Sep-2011
GDP Per Capita (US$) 8/5,2315,6765,6676,5326,5187,0077,5867,0237,0117,229  
Estimated Mid-Year Total Population104,068105,080106,268107,242108,132109,028109,724110,420111,774112,892 30-Sep-2011
             
Nominal Exchange Rate (EC$/US$)2.702.702.702.702.702.702.702.702.702.70 31-Jan-2012
Net International Reserves (Millions US$)87.883.2121.794.299.8110.4104.1112.4102.8104.8 12-Aug-2011
Import Cover Ratio (months) 9/3.93.24.62.93.03.02.83.73.33.3 12-Aug-2011
             
Total Visitor Arrivals266,690299,215375,955384,371347,295410,811426,900459,391444,427... 27-Jan-2012
   % Change-3.312.225.62.2-9.618.33.97.6-3.3
Total Visitor Expenditure (Millions EC$)469.1278.1233.4192.8253.3293.6293.2267.2259.8... 27-Jan-2012
   % Change8.1-40.7-16.1-17.431.415.9-0.1-8.8-2.8
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Source: National Government Agencies and/or Ministries and the Eastern Caribbean Central Bank.  
1/ Central government operations.  
2/ Includes payments of wages and salaries and other purchases of goods and services.  
3/ Overall deficit or surplus excluding interest payments on debt.  
4/ Includes time, savings and foreign currency deposits.  
5/ Relative to the liabilities of the private sector at the end of the previous year.  
6/ Monetary aggregate M2A is defined as M1 plus quasi-money.  
7/ Includes net lending.  
8/ Nominal GDP at market prices.  
9/ Net international reserves in terms of months of imports of goods and services as defined in the balance of payments for the current reference period.  
10/ Estimates ("e") applies to National Accounts variables only.  
… Denotes the unavailability of data.  
   
   
Last Updated on April 16, 2012.  
   
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