Informal employment rate in Grenada
Grenada: Informal employment rate was 48.05 in 2023. ▼ Falling
Informal employment rate in Grenada, 2018–2023
Source: International Labour Organization.
Analysis
The most recent figure for informal employment rate in Grenada is 48.05, measured in 2023. That is the lowest value across all 5 years on record.
The figure is down 4.5% on the previous year and down 2.3% over ten years.
That places Grenada 38th out of 81 countries with data for 2023, putting it in the middle of the range.
Informal employment rate in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 2018 | 49.18 | — |
| 2019 | 57.45 | +16.8% |
| 2020 | 49.96 | -13.0% |
| 2021 | 50.33 | +0.7% |
| 2023 | 48.05 | -4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 53.32 | 49.18 | 57.45 | 2 |
| 2020s | 49.45 | 48.05 | 50.33 | 3 |
Countries ranked near Grenada
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 informal employment rate in Grenada?
- Informal employment rate in Grenada was 48.05 in 2023, according to International Labour Organization.
- What is the highest informal employment rate recorded in Grenada?
- The highest recorded value was 57.45 in 2019.
- What is the lowest informal employment rate recorded in Grenada?
- The lowest recorded value was 48.05 in 2023.
- How does Grenada rank for informal employment rate?
- Grenada ranks 38th out of 81 countries with data for 2023.
- Is informal employment rate rising or falling in Grenada?
- Over the last ten years it is down 2.3%. The long-run trend across the full record is falling.
- Where does this Grenada data come from?
- The figures come from International Labour Organization, published as part of Informal employment rate (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 informal employment 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 economic activity are provided according to the latest version of the International Standard Industrial Classification of All Economic Activities (ISIC) available for that year. Data may have been regrouped from national classifications, which may not be strictly compatible with ISIC. For more information, refer to the Labour Force Statistics (LFS and STLFS) database description.