PEST Analysis: Grenada

November 2022

Grenada enjoys political stability, although its state finances have deteriorated as a result of the Coronavirus (COVID-19) pandemic. Tourism accounts for a large share of exports and output, which is likely to lead to economic underperformance versus peers. Slow population growth will limit consumer market appeal, whilst the populace is ageing relatively quickly. Internet use is forecast to grow strongly, as will mobile subscriptions, whilst Grenada has good communications infrastructure.

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Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.

If you're in the Commodities industry in Grenada, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty

The Commodities in Grenada report includes:

  • Analysis of the country's political and macroeconomic stability 
  • An overview of the economic structure and major industries
  • Latest economic performance

This report answers:

  • What is the economic outlook?
  • How stable is the political environment?
  • What are the country's risks and vulnerabilities?
  • What are the best sectors for investment?
  • Where should we focus our expansion strategy?
  • Which countries are moving up the value added chain away from primary sectors?

PEST Analysis: Grenada

Chart 1 Main PEST Points in Grenada
Chart 2 Political Environment Dynamics in Grenada
Chart 3 Economic Environment Dynamics in Grenada
Chart 4 Social Environment Dynamics in Grenada
Chart 5 Technological Environment Dynamics in Grenada

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