The Top 10 Richest Caribbean Countries


10. Grenada – $10, 928 GDP per capita

Grenada has a small, open economy that’s largely tourism-based. Approximately 69% of the island’s GDP emanates from the service industry.

Over the past twenty years, the economy has shifted from being dependent on agriculture to being dependent on the services.

However, the island remains a key exporter of spices, and is the second biggest exporter of nutmeg in the world.


It also exports cocoa, bananas and citrus fruits. Grenada has honed in on the rising demand for eco-tourism and provides a series of eco-friendly guesthouses. It also attracts visitors looking for beach and water sports holidays.

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