Share in informal employment in Grenada
Grenada: Share in informal employment was 48.05 in 2023. ▼ Falling
Latest (2023)
48.05
Change on year
down 4.5%
World rank
39th
of 82 countries
All-time high
57.45
in 2019
All-time low
48.05
in 2023
Years of data
5
2018–2023
Share in informal employment in Grenada, 2018–2023
Source: Our World in Data.
Analysis
The most recent figure for share in informal employment 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 39th out of 82 countries with data for 2023, putting it in the middle of the range.
Share in informal employment 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% |
Grenada compared with similar countries
- Grenada's 48.05 is below the median for upper middle income countries, which is 54.7, 88% of the median. (29 countries reporting)
- Grenada's 48.05 is below the median for Latin America & Caribbean, which is 56.01, 86% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 53.31 | 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 share in informal employment in Grenada?
- Share in informal employment in Grenada was 48.05 in 2023, according to Our World in Data.
- What is the highest share in informal employment recorded in Grenada?
- The highest recorded value was 57.45 in 2019.
- What is the lowest share in informal employment recorded in Grenada?
- The lowest recorded value was 48.05 in 2023.
- How does Grenada rank for share in informal employment?
- Grenada ranks 39th out of 82 countries with data for 2023.
- Is share in informal employment 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 Our World in Data, published as part of Share in informal employment. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (Our World in Data).