Tourism and Education to Power Grenada Expansion

 

• Grenada will continue to enjoy steady growth over the coming years, driven by the tourism and education sectors.
• Analysts at Fitch Solutions, expect real GDP to expand by 3.5% in 2019, after averaging 5.5% y-o-y growth from 2014-2018, as the overall global economy slows.
• Risks to the forecast are weighted to the downside as Grenada’s economy is heavily exposed to natural disasters or a slowdown in the global economy.

 (Source: Fitch)