Country comparison Luxembourg vs Grenada

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Gouvernement
GDP Growth (%) [+]20240.4%chart4.0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q332,739K
Annual GDP [+]2024€86,180Mchart€1,268M2024Annual GDP [+]
Annual GDP [+]2024$93,280Mchart$1,372M2024Annual GDP [+]
GDP per capita [+]2024€127,030chart€10,8142024GDP per capita [+]
GDP per capita [+]2024$138,757chart$11,7052024GDP per capita [+]
Quarterly GDP [+]2025Q3€22,327M
Debt (M.€.) [+]202422,649chart9212022Debt (M.€.) [+]
Debt ($M) [+]202424,514chart9702022Debt ($M) [+]
Debt (%GDP) [+]202426.30%chart79.27%2022Debt (%GDP) [+]
Debt Per Capita [+]2024€33,211chart€8,0762022Debt Per Capita [+]
Debt Per Capita [+]2024$35,946chart$8,5122022Debt Per Capita [+]
Deficit (M.€) [+]2024766chart112022Deficit (M.€) [+]
Deficit ($M) [+]2024961chart112022Deficit ($M) [+]
Deficit (%GDP) [+]20240.90%chart0.93%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202440,368.7chart371.82022Expenditure (M.€) [+]
Expenditure ($M) [+]202443,704.4chart391.82022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20222,843.7chart63.32023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20223,025.6chart68.52023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20228.45%chart11.45%2025Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20244,351,675,000.0chart25.82023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20244,772.5chart27.82023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202410.92%chart7.27%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2024829.6
Defence Expenditure ($M) [+]2024898.0
Defence Expenditure (%Bud.) [+]20241.99%
Expenditure (%GDP) [+]202446.80%chart28.91%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€59,194chart€3,2612022Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$64,085chart$3,4372022Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€4,340chart€5512023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$4,643chart$5962023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€6,475chart€2202023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$7,101chart$2382023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€1,223
Defence Expenditure P.C. [+]2024$1,336
Moody's Rating [+]02/07/2025Aaa
S&P Rating [+]04/28/1994AAANR10/31/2014S&P Rating [+]
Fitch Rating [+]03/06/2020AAA
Corruption Index [+]202378chart532023Corruption Index [+]
Competitiveness Ranking [+]201918º
Fragile States Index [+]202418.7chart51.92024Fragile States Index [+]
RTI Raking [+]2024117º
Innovation Ranking [+]202420º
Labour
Unemployment Rate [+]November 20256.9%
Unemployment rate [+]2025Q36.2%chart3.8%2024Q1Unemployment rate [+]
Unemployed [+]2025Q322Kchart3K2024Q1Unemployed [+]
NMW [+]2025$3,066.1chart$444.42023NMW [+]
NMW [+]2025€2,704.0
Average Wage [+]2024$80,416
Average Wage [+]2024€74,296
Human Capital Ranking [+]201730º
Markets
US Dollar exchange rate [+]01/22/20260.8543
Stock ExchangeYTD % [+]01/22/20268.58%
Prices
CPI (overall index) [+]December 20253.1%
HICP [+]December 20253.3%
PPI Year on Year [+]November 2025-5.5%
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]202072ºchart146º2020Doing Business [+]
IPI Year on Year [+]November 2025-3.6%
Passengers vehicles Year [+]December 202489,727
Annual Vehicles/ 1,000 p. [+]December 202271.86
Vehicles / 1,000 people [+]2021775.27
Taxes
Tax Revenue (%GDP) [+]202442.7%
Standard VAT [+]01/01/201517.00%chart15.00%01/01/2019Standard VAT [+]
Top tax rate + SSC [+]202247.2%chart28.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20221,013,000chart149,0002022Annual arrivals [+]
Exports [+]2024€14,967.0Mchart€42.6M2023Exports [+]
Exports [+]2024$16,200.0Mchart$46.1M2023Exports [+]
Exports % GDP [+]202417.37%chart3.45%2023Exports % GDP [+]
Imports [+]2024€24,087.7Mchart€563.0M2023Imports [+]
Imports [+]2024$26,072.0Mchart$608.8M2023Imports [+]
Imports % GDP [+]202427.95%chart45.55%2023Imports % GDP [+]
Trade balance [+]2024€-9,120.8Mchart€-520.4M2023Trade balance [+]
Trade balance [+]2024$-9,872.1Mchart$-562.7M2023Trade balance [+]
Trade balance % GDP [+]2024-10.58%chart-42.11%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 202510.4%
Socio-Demography
Global AgeWatch Ranking [+]201519º
Density [+]2024263chart3452024Density [+]
Global Peace Ranking [+]2023-1º
Crude divorce rate [+]20232.00‰
Remittance received ($M) [+]20171,746.1chart1.22017Remittance received ($M) [+]
% Immigrant [+]202046.96%chart6.38%2020% Immigrant [+]
% Emigrant [+]202012.88%chart55.05%2020% Emigrant [+]
Birth Rate [+]20249.50‰chart11.71‰2023Birth Rate [+]
Remittance sent ($M) [+]20171,321.5chart3.22017Remittance sent ($M) [+]
Crude death rate [+]20246.60‰chart8.86‰2023Crude death rate [+]
Fertility Rate [+]20231.25chart1.492023Fertility Rate [+]
Crude marriage rate [+]20233.80‰
% risk of poverty [+]202418.1%chart25.0%2018% risk of poverty [+]
Population [+]2024681,973chart117,2072024Population [+]
Immigrant stock [+]2020298,062chart7,2132020Immigrant stock [+]
Emigrant stock [+]202081,757chart62,2042020Emigrant stock [+]
HDI [+]20220.927chart0.7932022HDI [+]
Gender Gap Ranking [+]202446º
Life expectancy [+]202483.50chart75.212023Life expectancy [+]
Suicides [+]202456chart12015Suicides [+]
Suicide rate [+]20248.21chart0.472015Suicide rate [+]
Number of homicides [+]202210chart162023Number of homicides [+]
Rate Homicides per 100.000 [+]20221.53chart13.672023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]202311.18chart1.292023CO2 Tons per capita [+]
Consumption GWh [+]20235,862chart2212023Consumption GWh [+]
Generation GWh [+]2023801chart2392023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/20251,000chart23812/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/2025400,949chart19,69312/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]06/11/2023462,702chart39,03403/17/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/20251,466.33chart2,030.6012/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]03/25/20231,374,547chart90,68603/17/2023Doses administered [+]
Luxembourg
Grenada