Inflation, GDP deflator (annual %) in Grenada
Grenada: Inflation, GDP deflator was 0.7% in 2025. ◆ Volatile
Inflation, GDP deflator in Grenada, 1978–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
In 2025, inflation, gdp deflator in Grenada stood at 0.7%.
The figure is up 152.3% on the previous year and down 76.1% over ten years.
Over the whole period, inflation, gdp deflator in Grenada peaked at 17.3% in 1978 and was at its lowest, -1.3%, in 2024.
That places Grenada 184th out of 214 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator in Grenada, year by year
| Year | annual % | Change |
|---|---|---|
| 1978 | 17.3% | — |
| 1979 | 9.6% | -44.3% |
| 1980 | 9.0% | -5.9% |
| 1981 | 2.7% | -70.1% |
| 1982 | 4.2% | +53.7% |
| 1983 | 1.4% | -66.5% |
| 1984 | 6.6% | +374.5% |
| 1985 | 8.7% | +32.3% |
| 1986 | 4.3% | -50.4% |
| 1987 | 5.1% | +16.7% |
| 1988 | 6.8% | +33.6% |
| 1989 | 9.0% | +33.1% |
| 1990 | 0.0% | -99.8% |
| 1991 | 6.7% | +41764.6% |
| 1992 | 4.0% | -39.9% |
| 1993 | 1.9% | -53.1% |
| 1994 | 3.2% | +69.4% |
| 1995 | 3.1% | -4.3% |
| 1996 | 2.7% | -12.4% |
| 1997 | 1.8% | -33.2% |
| 1998 | 1.7% | -2.6% |
| 1999 | 1.1% | -35.5% |
| 2000 | 2.9% | +155.3% |
| 2001 | 2.1% | -25.1% |
| 2002 | 0.4% | -82.6% |
| 2003 | -0.1% | -120.7% |
| 2004 | 2.0% | -2735.4% |
| 2005 | 2.5% | +22.6% |
| 2006 | 4.6% | +86.1% |
| 2007 | 2.3% | -49.9% |
| 2008 | 7.8% | +238.3% |
| 2009 | -0.0% | -100.1% |
| 2010 | 0.5% | -4946.5% |
| 2011 | 0.2% | -53.2% |
| 2012 | 3.9% | +1648.8% |
| 2013 | 2.9% | -25.5% |
| 2014 | 0.8% | -73.5% |
| 2015 | 2.8% | +255.8% |
| 2016 | 2.6% | -4.1% |
| 2017 | 1.5% | -42.3% |
| 2018 | -0.7% | -146.1% |
| 2019 | 3.3% | -572.9% |
| 2020 | -0.3% | -109.0% |
| 2021 | 2.7% | -1009.2% |
| 2022 | 1.6% | -39.9% |
| 2023 | 4.5% | +171.7% |
| 2024 | -1.3% | -128.2% |
| 2025 | 0.7% | -152.3% |
Grenada compared with similar countries
- Grenada's 0.7% is below the median for upper middle income countries, which is 3.3%, 20% of the median. (59 countries reporting)
- Grenada's 0.7% is below the median for Latin America & Caribbean, which is 3.4%, 20% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where Inflation, GDP deflator 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 |
|---|---|---|---|
| 1991 | +41764.6% | 0.0% | 6.7% |
| 2010 | +4946.5% | -0.0% | 0.5% |
| 2004 | +2735.4% | -0.1% | 2.0% |
| 2012 | +1648.8% | 0.2% | 3.9% |
| 2021 | +1009.2% | -0.3% | 2.7% |
| 2019 | +572.9% | -0.7% | 3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.4% | 9.6% | 17.3% | 2 |
| 1980s | 5.8% | 1.4% | 9.0% | 10 |
| 1990s | 2.6% | 0.0% | 6.7% | 10 |
| 2000s | 2.5% | -0.1% | 7.8% | 10 |
| 2010s | 1.8% | -0.7% | 3.9% | 10 |
| 2020s | 1.3% | -1.3% | 4.5% | 6 |
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)
- SDRs holdings, US dollar, annual growth rate -63.96 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 26.01 units per person (2025)
- SDRs holdings, SDR, annual growth rate -65.68 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0016 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 18.99 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0147 units per US$ of GDP (2025)
Frequently asked questions
- What is inflation, gdp deflator in Grenada?
- Inflation, gdp deflator in Grenada was 0.7% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Grenada?
- The highest recorded value was 17.3% in 1978.
- What is the lowest inflation, gdp deflator recorded in Grenada?
- The lowest recorded value was -1.3% in 2024.
- How does Grenada rank for inflation, gdp deflator?
- Grenada ranks 184th out of 214 countries with data for 2025.
- Is inflation, gdp deflator rising or falling in Grenada?
- Over the last ten years it is down 76.1%. The long-run trend across the full record is volatile.
- Where does this Grenada data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.