Employment outside the formal sector in Grenada
Grenada: Employment outside the formal sector was 22.43 in 2023. ◆ Volatile
Employment outside the formal sector in Grenada, 2018–2023
Source: International Labour Organization.
Analysis
Grenada recorded 22.43 for employment outside the formal sector in 2023.
That represents a change of down 48.2% on the previous year and up 16.9% over ten years.
Grenada ranks 77th of 81 countries on this measure, in the bottom quarter.
Employment outside the formal sector in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 2018 | 19.2 | — |
| 2019 | 102.75 | +435.3% |
| 2020 | 17.67 | -82.8% |
| 2021 | 43.34 | +145.3% |
| 2023 | 22.43 | -48.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 60.97 | 19.2 | 102.75 | 2 |
| 2020s | 27.81 | 17.67 | 43.34 | 3 |
Countries ranked near Grenada
- 74 Estonia 29.93 compare
- 75 Slovenia 28.38 compare
- 76 Saint Lucia 28.37 compare
- 78 Luxembourg 17.59 compare
- 79 Brunei Darussalam 12.11 compare
- 80 Seychelles 11.57 compare
More work & labour data for Grenada
- Population - Est. & Proj. — Total Population - Both sexes, annual -1.03 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.9965 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -1.06 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.18 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.6059 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 51.81 1000 No (2050)
- Population - Est. & Proj. — Rural population 57.77 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 37.43 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 36.46 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 73.89 1000 No (2100)
Frequently asked questions
- What is employment outside the formal sector in Grenada?
- Employment outside the formal sector in Grenada was 22.43 in 2023, according to International Labour Organization.
- What is the highest employment outside the formal sector recorded in Grenada?
- The highest recorded value was 102.75 in 2019.
- What is the lowest employment outside the formal sector recorded in Grenada?
- The lowest recorded value was 17.67 in 2020.
- How does Grenada rank for employment outside the formal sector?
- Grenada ranks 77th out of 81 countries with data for 2023.
- Is employment outside the formal sector rising or falling in Grenada?
- Over the last ten years it is up 16.9%. The long-run trend across the full record is volatile.
- Where does this Grenada data come from?
- The figures come from International Labour Organization, published as part of Employment outside the formal sector (previous ILO definition - ICLS13). Statizoid updates them automatically from the source API.
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About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. This harmonized series for employment outside the formal sector is derived using the same set of criteria across countries to improve comparability. The criteria used are based on employment status, institutional sector, destination of production, bookkeeping, registration, social security contribution, places of work and size. Data disaggregated by occupation are provided according to the latest version of the International Standard Classification of Occupations (ISCO). Data may have been regrouped from the national classifications, which may not be strictly compatible with ISCO. For more information, refer to the Labour Force Statistics (LFS and STLFS) database description.