GDP Deflator — Value Standard Local Currency, 2015 prices in Grenada
Grenada: GDP Deflator — Value Standard Local Currency, 2015 prices was 117.17 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in Grenada, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Grenada recorded 117.17 SLC for gdp deflator — value standard local currency, 2015 prices in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 1.4% on the previous year and up 20.4% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Grenada peaked at 117.17 SLC in 2024 and was at its lowest, 8.5 SLC, in 1970.
Grenada ranks 158th of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices in Grenada, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 8.5 SLC | — |
| 1971 | 9.93 SLC | +16.8% |
| 1972 | 12.01 SLC | +21.0% |
| 1973 | 13.88 SLC | +15.6% |
| 1974 | 14.14 SLC | +1.8% |
| 1975 | 17.84 SLC | +26.2% |
| 1976 | 19.75 SLC | +10.7% |
| 1977 | 21.61 SLC | +9.4% |
| 1978 | 25.33 SLC | +17.2% |
| 1979 | 27.66 SLC | +9.2% |
| 1980 | 30.14 SLC | +9.0% |
| 1981 | 32.06 SLC | +6.4% |
| 1982 | 33.75 SLC | +5.3% |
| 1983 | 34.64 SLC | +2.6% |
| 1984 | 35.93 SLC | +3.7% |
| 1985 | 37.64 SLC | +4.7% |
| 1986 | 39.15 SLC | +4.0% |
| 1987 | 40.82 SLC | +4.3% |
| 1988 | 43.61 SLC | +6.8% |
| 1989 | 45.02 SLC | +3.2% |
| 1990 | 47.13 SLC | +4.7% |
| 1991 | 48.29 SLC | +2.5% |
| 1992 | 49.36 SLC | +2.2% |
| 1993 | 50.64 SLC | +2.6% |
| 1994 | 51.72 SLC | +2.1% |
| 1995 | 53.29 SLC | +3.1% |
| 1996 | 54.72 SLC | +2.7% |
| 1997 | 56.1 SLC | +2.5% |
| 1998 | 55.16 SLC | -1.7% |
| 1999 | 55.54 SLC | +0.7% |
| 2000 | 72.48 SLC | +30.5% |
| 2001 | 74.04 SLC | +2.1% |
| 2002 | 74.32 SLC | +0.4% |
| 2003 | 74.26 SLC | -0.1% |
| 2004 | 75.76 SLC | +2.0% |
| 2005 | 77.63 SLC | +2.5% |
| 2006 | 81.25 SLC | +4.7% |
| 2007 | 83.13 SLC | +2.3% |
| 2008 | 89.66 SLC | +7.8% |
| 2009 | 89.69 SLC | +0.0% |
| 2010 | 90.08 SLC | +0.4% |
| 2011 | 90.28 SLC | +0.2% |
| 2012 | 93.82 SLC | +3.9% |
| 2013 | 96.57 SLC | +2.9% |
| 2014 | 97.31 SLC | +0.8% |
| 2015 | 100 SLC | +2.8% |
| 2016 | 102.64 SLC | +2.6% |
| 2017 | 104.21 SLC | +1.5% |
| 2018 | 103.48 SLC | -0.7% |
| 2019 | 106.92 SLC | +3.3% |
| 2020 | 106.6 SLC | -0.3% |
| 2021 | 109.57 SLC | +2.8% |
| 2022 | 111.36 SLC | +1.6% |
| 2023 | 115.61 SLC | +3.8% |
| 2024 | 117.17 SLC | +1.4% |
Grenada compared with similar countries
- Grenada's 117.17 SLC is below the median for upper middle income countries, which is 140.19 SLC, 84% of the median. (51 countries reporting)
- Grenada's 117.17 SLC is below the median for Latin America & Caribbean, which is 128.24 SLC, 91% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices in Grenada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +30.5% | 55.54 SLC | 72.48 SLC |
| 1975 | +26.2% | 14.14 SLC | 17.84 SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.07 SLC | 8.5 SLC | 27.66 SLC | 10 |
| 1980s | 37.28 SLC | 30.14 SLC | 45.02 SLC | 10 |
| 1990s | 52.19 SLC | 47.13 SLC | 56.1 SLC | 10 |
| 2000s | 79.22 SLC | 72.48 SLC | 89.69 SLC | 10 |
| 2010s | 98.53 SLC | 90.08 SLC | 106.92 SLC | 10 |
| 2020s | 112.06 SLC | 106.6 SLC | 117.17 SLC | 5 |
Countries ranked near Grenada
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 gdp deflator — value standard local currency, 2015 prices in Grenada?
- Gdp deflator — value standard local currency, 2015 prices in Grenada was 117.17 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Grenada?
- The highest recorded value was 117.17 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Grenada?
- The lowest recorded value was 8.5 SLC in 1970.
- How does Grenada rank for gdp deflator — value standard local currency, 2015 prices?
- Grenada ranks 158th out of 194 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Grenada?
- Over the last ten years it is up 20.4%. The long-run trend across the full record is volatile.
- Where does this Grenada data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).