Region: Caribbean

Capital: Saint George’s

Population: 110,152 (July 2014 CIA est.)

Surface area: 344 sq km

Currency: East Caribbean dollar (XCD)

GDP per capita: Purchasing power parity US $13,800 (2013 CIA est.)

Carib Indians inhabited Grenada when Christopher COLUMBUS discovered the island in 1498, but it remained uncolonized for more than a century. The French settled Grenada in the 17th century, established sugar estates, and imported large numbers of African slaves. Britain took the island in 1762 and vigorously expanded sugar production. In the 19th century, cacao eventually surpassed sugar as the main export crop; in the 20th century, nutmeg became the leading export. In 1967, Britain gave Grenada autonomy over its internal affairs. Full independence was attained in 1974 making Grenada one of the smallest independent countries in the Western Hemisphere. Grenada was seized by a Marxist military council on 19 October 1983. Six days later the island was invaded by US forces and those of six other Caribbean nations, which quickly captured the ringleaders and their hundreds of Cuban advisers. Free elections were reinstituted the following year and have continued since that time. (CIA 2014)

Economy – Overview: Grenada relies on tourism as its main source of foreign exchange especially since the construction of an international airport in 1985. Hurricanes Ivan (2004) and Emily (2005) severely damaged the agricultural sector – particularly nutmeg and cocoa cultivation – which had been a key driver of economic growth. Grenada has rebounded from the devastating effects of the hurricanes but is now saddled with the debt burden from the rebuilding process. Public debt-to-GDP is nearly 110%, leaving the MITCHELL administration limited room to engage in public investments and social spending. MITCHELL in 2013 announced a structural adjustment program that includes a plan to increase tax revenue. Strong performances in construction and manufacturing, together with the development of tourism and higher education – especially in medicine – have contributed to growth in national output; however, economic growth remained stagnant in 2010-13 after a sizeable contraction in 2009, because of the global economic slowdown’s effects on tourism and remittances. (CIA 2014)

Major Export Commodities: bananas, cocoa, nutmeg, fruit and vegetables, clothing, mace

Remittances inflows: US $29 million (World Bank 2012 est.)

Human Development Index 2013: 63 out of 186 countries (UNDP 2013)

Official Development Assistance and Major Development Partners:
Net ODA in 2006 was US $7,650,000.
Major development partners include the Caribbean Development Bank, the European Community and the United Kingdom.

Total External Debt: US $679 million (CIA 2013 est.)

Life Expectancy at Birth: 73.8 years (CIA 2014)

Environmental Indicators:
Endangered Species (as a % of all species): 10.5
Forested Area (percentage of land area): 50.0
CO2 Emissions (tonnes per capita): 2.4
(UNDP 2013)

United Nations membership date: 17 September 1974

New York Mission:
Permanent Mission of Grenada to the United Nations
800 Second Avenue,Suite 400K
New York, N.Y.10017 USA
Telephone: (212)-599-0301, -0302
Fax: 212-599-1540

CIA World Factbook. Central Intelligence Agency.
World Development Indicators. World Bank
Development, Recipient Aid Charts. Organization for Economic Co-operation and Development.
Human Development Report 2013.United Nations Development Programme.

Updated January 2015