Wage bill as a percentage of GDP in Grenada

Grenada: Wage bill as a percentage of GDP was 9.0% in 2022. ▬ Flat

Latest (2022)
9.0%
Change on year
down 7.1%
World rank
80th
of 188 countries
All-time high
11.0%
in 2011
All-time low
7.7%
in 2019
Years of data
23
2000–2022

Wage bill as a percentage of GDP in Grenada, 2000–2022

02.557.5102000201120222000: 8.12001: 9.12002: 8.52003: 8.22004: 9.32005: 82006: 8.12007: 7.72008: 92009: 9.22010: 9.42011: 112012: 10.52013: 10.72014: 9.92015: 82016: 8.42017: 8.12018: 82019: 7.72020: 9.32021: 9.72022: 9

Source: World Bank.

Analysis

The most recent figure for wage bill as a percentage of gdp in Grenada is 9.0%, measured in 2022.

The figure is down 7.1% on the previous year and down 14.5% over ten years.

Over the whole period, wage bill as a percentage of gdp in Grenada peaked at 11.0% in 2011 and was at its lowest, 7.7%, in 2019.

Grenada ranks 80th of 188 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 8.5% 7.7% 9.3% 10
2010s 9.2% 7.7% 11.0% 10
2020s 9.3% 9.0% 9.7% 3

Countries ranked near Grenada

  1. 77 New Zealand 9.3% compare
  2. 78 Mauritius 9.2% compare
  3. 79 Israel 9.1% compare
  4. 81 Antigua and Barbuda 9.0% compare
  5. 82 Fiji 9.0% compare
  6. 83 Bahrain 8.9% compare

See the full ranking of 190 places →

More reference data data for Grenada

All data for Grenada →

Frequently asked questions

What is wage bill as a percentage of gdp in Grenada?
Wage bill as a percentage of gdp in Grenada was 9.0% in 2022, according to the World Bank.
What is the highest wage bill as a percentage of gdp recorded in Grenada?
The highest recorded value was 11.0% in 2011.
What is the lowest wage bill as a percentage of gdp recorded in Grenada?
The lowest recorded value was 7.7% in 2019.
How does Grenada rank for wage bill as a percentage of gdp?
Grenada ranks 80th out of 188 countries with data for 2022.
Is wage bill as a percentage of gdp rising or falling in Grenada?
Over the last ten years it is down 14.5%. The long-run trend across the full record is flat.
Where does this Grenada data come from?
The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Wage bill as a percentage of GDP
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 4,104 data points, 2000–2022
Last refreshed