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 191 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
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 191 countries on this measure, in the middle of the range.
Wage bill as a percentage of GDP in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 8.1% | — |
| 2001 | 9.1% | +11.4% |
| 2002 | 8.5% | -5.9% |
| 2003 | 8.2% | -4.4% |
| 2004 | 9.3% | +13.7% |
| 2005 | 8.0% | -13.8% |
| 2006 | 8.1% | +0.9% |
| 2007 | 7.7% | -4.3% |
| 2008 | 9.0% | +16.4% |
| 2009 | 9.2% | +2.0% |
| 2010 | 9.4% | +2.1% |
| 2011 | 11.0% | +17.6% |
| 2012 | 10.5% | -4.6% |
| 2013 | 10.7% | +1.7% |
| 2014 | 9.9% | -8.0% |
| 2015 | 8.0% | -18.8% |
| 2016 | 8.4% | +4.9% |
| 2017 | 8.1% | -3.2% |
| 2018 | 8.0% | -1.6% |
| 2019 | 7.7% | -3.2% |
| 2020 | 9.3% | +20.1% |
| 2021 | 9.7% | +4.3% |
| 2022 | 9.0% | -7.1% |
Grenada compared with similar countries
- Grenada's 9.0% is above the median for upper middle income countries, which is 8.4%, 1.1× the median. (57 countries reporting)
- Grenada's 9.0% is above the median for Latin America & Caribbean, which is 7.5%, 1.2× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Grenada
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0023 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0047 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.007 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.007 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0076 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0034 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0219 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0331 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0001 (2050)
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 191 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).