DEC alternative conversion factor in Grenada
Grenada: DEC alternative conversion factor was 2.7 LCU per US$ in 2025. ▲ Rising
DEC alternative conversion factor in Grenada, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$.
Analysis
Grenada recorded 2.7 LCU per US$ for dec alternative conversion factor in 2025. That is the highest value across all 66 years on record.
That represents a change of unchanged over ten years.
Over the whole period, dec alternative conversion factor in Grenada peaked at 2.7 LCU per US$ in 1975 and was at its lowest, 1.71 LCU per US$, in 1960.
Grenada ranks 136th of 215 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
DEC alternative conversion factor in Grenada, year by year
| Year | LCU per US$ | Change |
|---|---|---|
| 1960 | 1.71 LCU per US$ | — |
| 1961 | 1.71 LCU per US$ | +0.0% |
| 1962 | 1.71 LCU per US$ | +0.0% |
| 1963 | 1.71 LCU per US$ | +0.0% |
| 1964 | 1.71 LCU per US$ | +0.0% |
| 1965 | 1.71 LCU per US$ | +0.0% |
| 1966 | 1.71 LCU per US$ | +0.0% |
| 1967 | 1.76 LCU per US$ | +2.8% |
| 1968 | 2 LCU per US$ | +13.5% |
| 1969 | 2 LCU per US$ | +0.0% |
| 1970 | 2 LCU per US$ | +0.0% |
| 1971 | 1.97 LCU per US$ | -1.3% |
| 1972 | 1.92 LCU per US$ | -2.7% |
| 1973 | 1.96 LCU per US$ | +2.0% |
| 1974 | 2.05 LCU per US$ | +4.8% |
| 1975 | 2.7 LCU per US$ | +31.5% |
| 1976 | 2.7 LCU per US$ | +0.0% |
| 1977 | 2.7 LCU per US$ | +0.0% |
| 1978 | 2.7 LCU per US$ | +0.0% |
| 1979 | 2.7 LCU per US$ | +0.0% |
| 1980 | 2.7 LCU per US$ | +0.0% |
| 1981 | 2.7 LCU per US$ | +0.0% |
| 1982 | 2.7 LCU per US$ | +0.0% |
| 1983 | 2.7 LCU per US$ | +0.0% |
| 1984 | 2.7 LCU per US$ | +0.0% |
| 1985 | 2.7 LCU per US$ | +0.0% |
| 1986 | 2.7 LCU per US$ | +0.0% |
| 1987 | 2.7 LCU per US$ | +0.0% |
| 1988 | 2.7 LCU per US$ | +0.0% |
| 1989 | 2.7 LCU per US$ | +0.0% |
| 1990 | 2.7 LCU per US$ | +0.0% |
| 1991 | 2.7 LCU per US$ | +0.0% |
| 1992 | 2.7 LCU per US$ | +0.0% |
| 1993 | 2.7 LCU per US$ | +0.0% |
| 1994 | 2.7 LCU per US$ | +0.0% |
| 1995 | 2.7 LCU per US$ | +0.0% |
| 1996 | 2.7 LCU per US$ | +0.0% |
| 1997 | 2.7 LCU per US$ | +0.0% |
| 1998 | 2.7 LCU per US$ | +0.0% |
| 1999 | 2.7 LCU per US$ | +0.0% |
| 2000 | 2.7 LCU per US$ | +0.0% |
| 2001 | 2.7 LCU per US$ | +0.0% |
| 2002 | 2.7 LCU per US$ | +0.0% |
| 2003 | 2.7 LCU per US$ | +0.0% |
| 2004 | 2.7 LCU per US$ | +0.0% |
| 2005 | 2.7 LCU per US$ | +0.0% |
| 2006 | 2.7 LCU per US$ | +0.0% |
| 2007 | 2.7 LCU per US$ | +0.0% |
| 2008 | 2.7 LCU per US$ | +0.0% |
| 2009 | 2.7 LCU per US$ | +0.0% |
| 2010 | 2.7 LCU per US$ | +0.0% |
| 2011 | 2.7 LCU per US$ | +0.0% |
| 2012 | 2.7 LCU per US$ | +0.0% |
| 2013 | 2.7 LCU per US$ | +0.0% |
| 2014 | 2.7 LCU per US$ | +0.0% |
| 2015 | 2.7 LCU per US$ | +0.0% |
| 2016 | 2.7 LCU per US$ | +0.0% |
| 2017 | 2.7 LCU per US$ | +0.0% |
| 2018 | 2.7 LCU per US$ | +0.0% |
| 2019 | 2.7 LCU per US$ | +0.0% |
| 2020 | 2.7 LCU per US$ | +0.0% |
| 2021 | 2.7 LCU per US$ | +0.0% |
| 2022 | 2.7 LCU per US$ | +0.0% |
| 2023 | 2.7 LCU per US$ | +0.0% |
| 2024 | 2.7 LCU per US$ | +0.0% |
| 2025 | 2.7 LCU per US$ | +0.0% |
Grenada compared with similar countries
- Grenada's 2.7 LCU per US$ is below the median for upper middle income countries, which is 15.42 LCU per US$, 18% of the median. (59 countries reporting)
- Grenada's 2.7 LCU per US$ is above the median for Latin America & Caribbean, which is 2.7 LCU per US$, 1.0× the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.78 LCU per US$ | 1.71 LCU per US$ | 2 LCU per US$ | 10 |
| 1970s | 2.34 LCU per US$ | 1.92 LCU per US$ | 2.7 LCU per US$ | 10 |
| 1980s | 2.7 LCU per US$ | 2.7 LCU per US$ | 2.7 LCU per US$ | 10 |
| 1990s | 2.7 LCU per US$ | 2.7 LCU per US$ | 2.7 LCU per US$ | 10 |
| 2000s | 2.7 LCU per US$ | 2.7 LCU per US$ | 2.7 LCU per US$ | 10 |
| 2010s | 2.7 LCU per US$ | 2.7 LCU per US$ | 2.7 LCU per US$ | 10 |
| 2020s | 2.7 LCU per US$ | 2.7 LCU per US$ | 2.7 LCU per US$ | 6 |
Countries ranked near Grenada
- 133 Tunisia 3 LCU per US$ compare
- 134 Samoa 2.78 LCU per US$ compare
- 135 Georgia 2.74 LCU per US$ compare
- 136 Antigua and Barbuda 2.7 LCU per US$ compare
- 136 Dominica 2.7 LCU per US$ compare
- 136 Saint Kitts and Nevis 2.7 LCU per US$ compare
- 136 Saint Lucia 2.7 LCU per US$ compare
- 136 Saint Vincent and the Grenadines 2.7 LCU per US$ compare
More economy & growth data for Grenada
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.29 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.71 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -3.62 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0025 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -30.86 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 170.66 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 4.11 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1202 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,455 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -3.57 % change on previous year (2025)
Frequently asked questions
- What is dec alternative conversion factor in Grenada?
- Dec alternative conversion factor in Grenada was 2.7 LCU per US$ in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest dec alternative conversion factor recorded in Grenada?
- The highest recorded value was 2.7 LCU per US$ in 1975.
- What is the lowest dec alternative conversion factor recorded in Grenada?
- The lowest recorded value was 1.71 LCU per US$ in 1960.
- How does Grenada rank for dec alternative conversion factor?
- Grenada ranks 136th out of 215 countries with data for 2025.
- Is dec alternative conversion factor rising or falling in Grenada?
- Over the last ten years it is unchanged. The long-run trend across the full record is rising.
- Where does this Grenada data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of DEC alternative conversion factor (LCU per US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The DEC alternative conversion factor is the underlying annual exchange rate (the price of one country’s currency in relation to another country's currency) used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics. Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.