6. Grenada $7,110 (GNI)Grenada’s economic progress in fiscal reforms and prudent macroeconomic management have boosted annual growth to 5 to 6 percent in 1998–1999. The increase in economic activity has been led by construction and trade. Tourist facilities are being expanded as tourism is the leading foreign exchange earner.
Grenada is also a leading producer of several spices. Cinnamon, cloves, ginger, mace, allspice, orange and citrus peels, wild coffee used by the locals, and especially nutmeg, providing 20 percent of the world’s supply, are all important exports.
