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Grenada Records 2nd Highest growth in the OECS

This table shows the June Index with Grenada recording a growth of 1.6 per cent compared with an average for the region of 0.58 per cent.  As you are aware, the economies are weak but Grenada is the second in the region.  Only Montserrat has a higher growth rate.

 

GDP Index for January to June 2011 and the forecast for 2011 based on the GDP Index as at June 2011

Jan – June 2011                                                 Forecast for 2011 based               

GDP Index                                                          on the Jan – Jun Index

Anguilla                                                                                                -2.82                                                                                      -1.98

Antigua and Barbuda                                                      -4.62                                                                                      -3.17

Dominica                                                                             0.91                                                                                        1.23

Grenada                                                                              1.68                                                                                        1.62

Montserrat                                                                         5.05                                                                                        4.36

St Kitts and Nevis                                                             0.28                                                                                        0.48

Saint Lucia                                                                           0.48                                                                                        2.55

St Vincent and the Grenadines                                  0.24                                                                                        0.8

ECCU                                                                                     0.58                                                                                        0.35

 

This represents the performance as of June and the forecast for 2011 based on the June Performance.

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