GDP Deflator — Value US$, 2015 prices, annual growth rate in Grenada

Grenada: GDP Deflator — Value US$, 2015 prices, annual growth rate was 1.35 % change on previous year in 2024. ◆ Volatile

Latest (2024)
1.35 % change on previous year
Change on year
down 64.6%
World rank
146th
of 222 countries
All-time high
30.51 % change on previous year
in 2000
All-time low
-8.14 % change on previous year
in 1976
Years of data
54
1971–2024

GDP Deflator — Value US$, 2015 prices, annual growth rate in Grenada, 1971–2024

-100102030197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gdp deflator — value us$, 2015 prices, annual growth rate in Grenada stood at 1.35 % change on previous year.

Compared with earlier readings it is down 64.6% on the previous year and up 74.6% over ten years.

Over the whole period, gdp deflator — value us$, 2015 prices, annual growth rate in Grenada peaked at 30.51 % change on previous year in 2000 and was at its lowest, -8.14 % change on previous year, in 1976.

Grenada ranks 146th of 222 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP Deflator — Value US$, 2015 prices, annual growth rate in Grenada, year by year

Annual values for GDP Deflator — Value US$, 2015 prices, annual growth rate in Grenada, 1971 to 2024.
Year % change on previous year Change
1971 18.31 % change on previous year
1972 24.33 % change on previous year +32.9%
1973 13.35 % change on previous year -45.1%
1974 -2.83 % change on previous year -121.2%
1975 19.42 % change on previous year -785.3%
1976 -8.14 % change on previous year -141.9%
1977 5.97 % change on previous year -173.4%
1978 17.19 % change on previous year +187.7%
1979 9.2 % change on previous year -46.5%
1980 8.95 % change on previous year -2.7%
1981 6.37 % change on previous year -28.8%
1982 5.29 % change on previous year -17.0%
1983 2.64 % change on previous year -50.2%
1984 3.74 % change on previous year +41.7%
1985 4.74 % change on previous year +26.9%
1986 4.02 % change on previous year -15.3%
1987 4.27 % change on previous year +6.3%
1988 6.83 % change on previous year +59.9%
1989 3.25 % change on previous year -52.4%
1990 4.67 % change on previous year +43.9%
1991 2.47 % change on previous year -47.1%
1992 2.21 % change on previous year -10.6%
1993 2.6 % change on previous year +17.6%
1994 2.13 % change on previous year -18.1%
1995 3.05 % change on previous year +43.6%
1996 2.67 % change on previous year -12.5%
1997 2.53 % change on previous year -5.5%
1998 -1.68 % change on previous year -166.5%
1999 0.692 % change on previous year -141.2%
2000 30.51 % change on previous year +4308.3%
2001 2.14 % change on previous year -93.0%
2002 0.3756 % change on previous year -82.5%
2003 -0.0799 % change on previous year -121.3%
2004 2.03 % change on previous year -2640.8%
2005 2.47 % change on previous year +21.5%
2006 4.65 % change on previous year +88.6%
2007 2.32 % change on previous year -50.1%
2008 7.85 % change on previous year +238.1%
2009 0.035 % change on previous year -99.6%
2010 0.4353 % change on previous year +1142.9%
2011 0.2246 % change on previous year -48.4%
2012 3.93 % change on previous year +1648.4%
2013 2.92 % change on previous year -25.6%
2014 0.7744 % change on previous year -73.5%
2015 2.76 % change on previous year +256.3%
2016 2.64 % change on previous year -4.2%
2017 1.53 % change on previous year -42.3%
2018 -0.7043 % change on previous year -146.1%
2019 3.33 % change on previous year -572.5%
2020 -0.3021 % change on previous year -109.1%
2021 2.79 % change on previous year -1024.2%
2022 1.63 % change on previous year -41.8%
2023 3.82 % change on previous year +135.2%
2024 1.35 % change on previous year -64.6%

Grenada compared with similar countries

  • Grenada's 1.35 % change on previous year is below the median for upper middle income countries, which is 3.03 % change on previous year, 45% of the median. (51 countries reporting)
  • Grenada's 1.35 % change on previous year is below the median for Latin America & Caribbean, which is 2.39 % change on previous year, 57% of the median. (37 countries reporting)

Biggest year-on-year movements

Years where GDP Deflator — Value US$, 2015 prices, annual growth rate 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.

YearChange FromTo
2000 +4308.3% 0.692 % change on previous year 30.51 % change on previous year
2004 +2640.8% -0.0799 % change on previous year 2.03 % change on previous year
2012 +1648.4% 0.2246 % change on previous year 3.93 % change on previous year
2010 +1142.9% 0.035 % change on previous year 0.4353 % change on previous year
2021 +1024.2% -0.3021 % change on previous year 2.79 % change on previous year
1975 +785.3% -2.83 % change on previous year 19.42 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 10.76 % change on previous year -8.14 % change on previous year 24.33 % change on previous year 9
1980s 5.01 % change on previous year 2.64 % change on previous year 8.95 % change on previous year 10
1990s 2.13 % change on previous year -1.68 % change on previous year 4.67 % change on previous year 10
2000s 5.23 % change on previous year -0.0799 % change on previous year 30.51 % change on previous year 10
2010s 1.78 % change on previous year -0.7043 % change on previous year 3.93 % change on previous year 10
2020s 1.86 % change on previous year -0.3021 % change on previous year 3.82 % change on previous year 5

Countries ranked near Grenada

  1. 143 Canada 1.57 % change on previous year compare
  2. 144 Polynesia 1.43 % change on previous year compare
  3. 145 Nepal 1.38 % change on previous year compare
  4. 147 Kiribati 1.33 % change on previous year compare
  5. 148 Melanesia 1.33 % change on previous year compare
  6. 149 Eritrea 1.26 % change on previous year compare

See the full ranking of 246 places →

More economy & growth data for Grenada

All data for Grenada →

Frequently asked questions

What is gdp deflator — value us$, 2015 prices, annual growth rate in Grenada?
Gdp deflator — value us$, 2015 prices, annual growth rate in Grenada was 1.35 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Grenada?
The highest recorded value was 30.51 % change on previous year in 2000.
What is the lowest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Grenada?
The lowest recorded value was -8.14 % change on previous year in 1976.
How does Grenada rank for gdp deflator — value us$, 2015 prices, annual growth rate?
Grenada ranks 146th out of 222 countries with data for 2024.
Is gdp deflator — value us$, 2015 prices, annual growth rate rising or falling in Grenada?
Over the last ten years it is up 74.6%. The long-run trend across the full record is volatile.
Where does this Grenada data come from?
The figures come from Statizoid (derived), published as part of GDP Deflator — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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GDP Deflator — Value US$, 2015 prices, annual growth rate in Grenada. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gdp-deflator-value-us-2015-prices-annual-growth-rate/grenada/

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How this figure is calculated

The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP Deflator — Value US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
246 places, 12,335 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.