Macro - Country Economic Forecasts - Grenada

Macro - Country Economic Forecasts - Grenada

We kept our 2024 GDP forecast for Grenada at 4.3%, a moderation from 2023 growth due to a slower expansion in tourism and construction. The ongoing strength of the US consumer will uphold Grenada's tourism-driven economy, particularly in the first half of the year, but with services spending normalizing to pre-pandemic levels, the largest effects have likely passed.

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