Grenada is a small, service-based economy that is heavily reliant on tourism. Other major industries include construction, transportation, education and spice exports. It’s the world’s second-largest producer of nutmeg, after Indonesia. Grenada is heavily susceptible to hurricanes and natural disasters. Addressing the country’s high public debt has been a focus of recent governments. Additionally, the government has introduced an innovative investment incentives regime to improve the ease of doing business and make foreign direct investment (FDI) in Grenada more attractive.