AGP Executive Report
Last update: 6 hours agoTourism Receipts: Grenada is forecast to earn EC$1.068 billion in visitor spending in 2026, after reaching EC$1.047 billion in 2025. Stayover visitors drove most of last year’s spending, and their contribution is projected to exceed EC$1 billion this year. The IMF forecasts 3.9% economic growth for Grenada in 2026, the highest among tourism-dependent Caribbean economies. Regional Investment: Grenada joined Caribbean talks on a US$340 million US investment package covering areas including digital connectivity, health and security. A regional investment summit is planned for early 2027, but no specific allocation for Grenada was announced. Energy Costs: New fuel prices took effect on October 18. Gasoline and diesel prices remain unchanged, while the 100-pound LPG cylinder in Grenada rose by EC$29.95 to EC$350. Tourism Strategy: The Grenada Tourism Authority says it wants visitor spending to create more opportunities for local businesses and communities, with greater emphasis on food, culture and experiences across the tri-island state.
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