Grenada is projected to record a second consecutive year of visitor spending above XCD 1 billion in 2026, following visitor expenditure of XCD 1.047 billion in 2025. The 2025 milestone followed two consecutive years of growth, with visitor expenditure rising by 20.4 percent between 2023 and 2025.
The milestone comes as the IMF’s October 2026 Regional Economic Outlook projects Grenada’s economy to grow by 3.9 percent this year, the highest rate among the Caribbean economies it classifies as tourism dependent.
“This performance underscores tourism’s importance to Grenada’s national development,” said Adrian Thomas, minister for tourism, creative economy and culture. “Sustaining that progress requires careful stewardship of the cultural and natural assets that attract visitors, alongside investment in the people and infrastructure that support the industry. Our responsibility is to build a tourism sector that can sustain its success over time and contribute to the country’s long-term prosperity.”
In 2025, stayover visitors accounted for XCD 984.9 million, up 5.14 percent on 2024, while cruise expenditure rose by 56.6 percent to EC$61.9 million over the same period.
Full 2026 projections indicate a further EC$20.9 million in visitor spending, taking the total to XCD 1.068 billion. Stayover spending alone is projected to exceed XCD 1 billion.
