HistoryData

Healthcare Spending: Grenada

Grenada's healthcare spending is currently 4.653 % of GDP as of 2023. # Grenada Healthcare Spending Grenada allocated 4.

Current (2023)
4.653 % of GDP
-6.9% y/y
Peak (2002)
6.176 % of GDP
Low (2016)
4.439 % of GDP
Source
World Bank World Development Indicators
20002023 · 24 pts

Healthcare SpendingGrenada

20002023

Healthcare Spending — Grenada
4.439% of GDP4.873% of GDP5.308% of GDP5.742% of GDP6.176% of GDP2000201020202023PeakLow
Analysis# Grenada Healthcare Spending Grenada allocated 4.653% of its GDP to healthcare in 2023, down 13.2% from 2000 levels. The nation's healthcare spending peaked at 6.176% of GDP in 2002, more than one percentage point above current levels. The lowest point occurred in 2016 at 4.439%, establishing a floor from which spending has modestly recovered. A notable spike emerged during the COVID-19 pandemic, when healthcare spending climbed to 5.306% of GDP in 2020, reflecting increased health demands. Since then, spending has declined, returning toward pre-pandemic levels by 2023. The recent downward trajectory suggests a normalization of healthcare expenditure after the pandemic surge, though whether this reflects reduced health needs or budget constraints remains an open question for policymakers monitoring Grenada's health sector investment.

Historical Data

24 Rows
YearValueChange %
20234.653 % of GDP-6.88%
20224.997 % of GDP-5.36%
20215.28 % of GDP-0.49%
20205.306 % of GDP+7.58%
20194.932 % of GDP+7.59%
20184.584 % of GDP-1.57%
20174.657 % of GDP+4.91%
20164.439 % of GDP-4.48%
20154.647 % of GDP-2.66%
20144.774 % of GDP-15.16%
20135.627 % of GDP-3.35%
20125.822 % of GDP+0.31%
20115.804 % of GDP+7.10%
20105.419 % of GDP-0.29%
20095.435 % of GDP+0.91%
20085.386 % of GDP+2.81%
20075.239 % of GDP+2.44%
20065.114 % of GDP-0.60%
20055.145 % of GDP-4.12%
20045.366 % of GDP+1.53%
Show all 24 rows
YearValueChange %
20035.285 % of GDP-14.43%
20026.176 % of GDP+9.80%
20015.625 % of GDP+4.96%
20005.359 % of GDP

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