Education Spending: Grenada
Grenada's education spending is currently 5.125 % of GDP as of 2023. # Grenada Education Spending Grenada allocated 5.
Current (2023)
5.125 % of GDP
+26.9% y/y
Peak (2011)
5.485 % of GDP
Low (2017)
3.174 % of GDP
Source
World Bank World Development Indicators
2003–2023 · 11 pts
Education Spending — Grenada
2003 — 2023
Education Spending — Grenada
Analysis# Grenada Education Spending
Grenada allocated 5.125% of its GDP to education in 2023, representing a substantial recovery from recent lows. This figure sits near the country's all-time peak of 5.485% recorded in 2011 and well above the 3.174% nadir hit in 2017. Since 2003, education spending has climbed 30.5%, demonstrating a long-term commitment to the sector despite significant year-to-year volatility.
The most striking trend is Grenada's sharp contraction between 2011 and 2017, when spending fell by nearly 42% relative to GDP. A turning point occurred in 2018, when the government reversed course and began rebuilding investment, reaching 4.09% by 2021. The sharp jump to 5.125% in 2023 suggests renewed prioritization of education, though sustained commitment will be critical to maintain this upward momentum.
Historical Data
11 Rows| Year | Value | Change % |
|---|---|---|
| 2023 | 5.125 % of GDP | +26.92% |
| 2022 | 4.038 % of GDP | -1.27% |
| 2021 | 4.09 % of GDP | +14.92% |
| 2018 | 3.559 % of GDP | +12.13% |
| 2017 | 3.174 % of GDP | -25.12% |
| 2015 | 4.239 % of GDP | -5.34% |
| 2014 | 4.478 % of GDP | -11.71% |
| 2012 | 5.072 % of GDP | -7.53% |
| 2011 | 5.485 % of GDP | +8.08% |
| 2010 | 5.075 % of GDP | +29.23% |
| 2003 | 3.927 % of GDP | — |
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