PPP conversion factor, GDP in Grenada
Grenada: PPP conversion factor, GDP was 1.53 LCU per international $ in 2025. ▼ Falling
PPP conversion factor, GDP in Grenada, 1990–2025
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
In 2025, ppp conversion factor, gdp in Grenada stood at 1.53 LCU per international $. That is the lowest value across all 36 years on record.
Compared with earlier readings it is down 2.1% on the previous year and down 13.8% over ten years.
Over the whole period, ppp conversion factor, gdp in Grenada peaked at 1.83 LCU per international $ in 2008 and was at its lowest, 1.53 LCU per international $, in 2025.
Grenada ranks 134th of 205 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 36 years of available data.
PPP conversion factor, GDP in Grenada, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1990 | 1.65 LCU per international $ | — |
| 1991 | 1.71 LCU per international $ | +3.2% |
| 1992 | 1.73 LCU per international $ | +1.7% |
| 1993 | 1.73 LCU per international $ | -0.5% |
| 1994 | 1.74 LCU per international $ | +1.0% |
| 1995 | 1.76 LCU per international $ | +0.9% |
| 1996 | 1.77 LCU per international $ | +0.8% |
| 1997 | 1.78 LCU per international $ | +0.1% |
| 1998 | 1.79 LCU per international $ | +0.6% |
| 1999 | 1.78 LCU per international $ | -0.3% |
| 2000 | 1.79 LCU per international $ | +0.4% |
| 2001 | 1.79 LCU per international $ | -0.1% |
| 2002 | 1.77 LCU per international $ | -1.2% |
| 2003 | 1.73 LCU per international $ | -2.0% |
| 2004 | 1.72 LCU per international $ | -0.6% |
| 2005 | 1.71 LCU per international $ | -0.6% |
| 2006 | 1.73 LCU per international $ | +1.5% |
| 2007 | 1.73 LCU per international $ | -0.4% |
| 2008 | 1.83 LCU per international $ | +5.8% |
| 2009 | 1.82 LCU per international $ | -0.6% |
| 2010 | 1.8 LCU per international $ | -0.7% |
| 2011 | 1.77 LCU per international $ | -1.8% |
| 2012 | 1.81 LCU per international $ | +2.3% |
| 2013 | 1.79 LCU per international $ | -1.2% |
| 2014 | 1.76 LCU per international $ | -1.5% |
| 2015 | 1.78 LCU per international $ | +0.7% |
| 2016 | 1.78 LCU per international $ | +0.3% |
| 2017 | 1.75 LCU per international $ | -1.7% |
| 2018 | 1.7 LCU per international $ | -2.6% |
| 2019 | 1.72 LCU per international $ | +0.8% |
| 2020 | 1.69 LCU per international $ | -1.8% |
| 2021 | 1.7 LCU per international $ | +0.7% |
| 2022 | 1.61 LCU per international $ | -5.1% |
| 2023 | 1.62 LCU per international $ | +0.7% |
| 2024 | 1.56 LCU per international $ | -3.6% |
| 2025 | 1.53 LCU per international $ | -2.1% |
Grenada compared with similar countries
- Grenada's 1.53 LCU per international $ is below the median for upper middle income countries, which is 7.46 LCU per international $, 21% of the median. (58 countries reporting)
- Grenada's 1.53 LCU per international $ is below the median for Latin America & Caribbean, which is 1.86 LCU per international $, 82% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.74 LCU per international $ | 1.65 LCU per international $ | 1.79 LCU per international $ | 10 |
| 2000s | 1.76 LCU per international $ | 1.71 LCU per international $ | 1.83 LCU per international $ | 10 |
| 2010s | 1.77 LCU per international $ | 1.7 LCU per international $ | 1.81 LCU per international $ | 10 |
| 2020s | 1.62 LCU per international $ | 1.53 LCU per international $ | 1.7 LCU per international $ | 6 |
Countries ranked near Grenada
- 131 Samoa 1.75 LCU per international $ compare
- 132 Nauru 1.59 LCU per international $ compare
- 133 Turkmenistan 1.57 LCU per international $ compare
- 135 Saint Vincent and the Grenadines 1.49 LCU per international $ compare
- 136 New Zealand 1.47 LCU per international $ compare
- 137 Australia 1.4 LCU per international $ 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 ppp conversion factor, gdp in Grenada?
- Ppp conversion factor, gdp in Grenada was 1.53 LCU per international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, gdp recorded in Grenada?
- The highest recorded value was 1.83 LCU per international $ in 2008.
- What is the lowest ppp conversion factor, gdp recorded in Grenada?
- The lowest recorded value was 1.53 LCU per international $ in 2025.
- How does Grenada rank for ppp conversion factor, gdp?
- Grenada ranks 134th out of 205 countries with data for 2025.
- Is ppp conversion factor, gdp rising or falling in Grenada?
- Over the last ten years it is down 13.8%. The long-run trend across the full record is falling.
- Where does this Grenada data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.
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About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.