Value Added Deflator (Manufacturing) — Value Standard Local Currency in Grenada
Grenada: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 2.54 % change on previous year in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Grenada, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Grenada recorded 2.54 % change on previous year for value added deflator (manufacturing) — value standard local currency in 2023.
That represents a change of down 0.7% on the previous year and down 79.2% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Grenada peaked at 36.83 % change on previous year in 1973 and was at its lowest, -34.84 % change on previous year, in 1977.
That places Grenada 133rd out of 209 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Grenada, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.07 % change on previous year | — |
| 1972 | 19.54 % change on previous year | +142.0% |
| 1973 | 36.83 % change on previous year | +88.5% |
| 1974 | -1.86 % change on previous year | -105.1% |
| 1975 | 20.1 % change on previous year | -1178.4% |
| 1976 | 25.67 % change on previous year | +27.7% |
| 1977 | -34.84 % change on previous year | -235.7% |
| 1978 | 14.6 % change on previous year | -141.9% |
| 1979 | 10.73 % change on previous year | -26.5% |
| 1980 | 10.86 % change on previous year | +1.2% |
| 1981 | 9.69 % change on previous year | -10.8% |
| 1982 | 5.34 % change on previous year | -44.9% |
| 1983 | 5.57 % change on previous year | +4.2% |
| 1984 | 10.5 % change on previous year | +88.5% |
| 1985 | 6.81 % change on previous year | -35.1% |
| 1986 | -0.3246 % change on previous year | -104.8% |
| 1987 | -0.0189 % change on previous year | -94.2% |
| 1988 | 3.56 % change on previous year | -18966.1% |
| 1989 | -0.1061 % change on previous year | -103.0% |
| 1990 | 3.36 % change on previous year | -3270.4% |
| 1991 | 2.96 % change on previous year | -12.1% |
| 1992 | 2.49 % change on previous year | -15.6% |
| 1993 | 0.0119 % change on previous year | -99.5% |
| 1994 | 2.6 % change on previous year | +21761.0% |
| 1995 | 2.29 % change on previous year | -12.0% |
| 1996 | 2 % change on previous year | -12.6% |
| 1997 | 0.0585 % change on previous year | -97.1% |
| 1998 | 0.3727 % change on previous year | +536.5% |
| 1999 | 0.8461 % change on previous year | +127.0% |
| 2000 | 2.12 % change on previous year | +150.7% |
| 2001 | -1.57 % change on previous year | -174.1% |
| 2002 | -5.49 % change on previous year | +248.9% |
| 2003 | -0.2628 % change on previous year | -95.2% |
| 2004 | 4.5 % change on previous year | -1810.9% |
| 2005 | -15.86 % change on previous year | -452.9% |
| 2006 | 20.45 % change on previous year | -228.9% |
| 2007 | 13.36 % change on previous year | -34.6% |
| 2008 | 5.57 % change on previous year | -58.3% |
| 2009 | -1.39 % change on previous year | -124.9% |
| 2010 | 0.2239 % change on previous year | -116.2% |
| 2011 | -1.08 % change on previous year | -582.5% |
| 2012 | -1.03 % change on previous year | -4.9% |
| 2013 | 12.22 % change on previous year | -1289.4% |
| 2014 | 7.77 % change on previous year | -36.4% |
| 2015 | 5.48 % change on previous year | -29.4% |
| 2016 | -0.1168 % change on previous year | -102.1% |
| 2017 | -5.15 % change on previous year | +4313.0% |
| 2018 | -4.21 % change on previous year | -18.4% |
| 2019 | 9.08 % change on previous year | -315.8% |
| 2020 | -11.11 % change on previous year | -222.3% |
| 2021 | 2.55 % change on previous year | -123.0% |
| 2022 | 2.55 % change on previous year | +0.2% |
| 2023 | 2.54 % change on previous year | -0.7% |
Grenada compared with similar countries
- Grenada's 2.54 % change on previous year is below the median for upper middle income countries, which is 3.77 % change on previous year, 67% of the median. (51 countries reporting)
- Grenada's 2.54 % change on previous year is below the median for Latin America & Caribbean, which is 4.46 % change on previous year, 57% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Value Added Deflator (Manufacturing) — Value Standard Local Currency 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 |
|---|---|---|---|
| 1994 | +21761.0% | 0.0119 % change on previous year | 2.6 % change on previous year |
| 1988 | +18966.1% | -0.0189 % change on previous year | 3.56 % change on previous year |
| 2017 | -4313.0% | -0.1168 % change on previous year | -5.15 % change on previous year |
| 1990 | +3270.4% | -0.1061 % change on previous year | 3.36 % change on previous year |
| 2004 | +1810.9% | -0.2628 % change on previous year | 4.5 % change on previous year |
| 2013 | +1289.4% | -1.03 % change on previous year | 12.22 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.98 % change on previous year | -34.84 % change on previous year | 36.83 % change on previous year | 9 |
| 1980s | 5.19 % change on previous year | -0.3246 % change on previous year | 10.86 % change on previous year | 10 |
| 1990s | 1.7 % change on previous year | 0.0119 % change on previous year | 3.36 % change on previous year | 10 |
| 2000s | 2.14 % change on previous year | -15.86 % change on previous year | 20.45 % change on previous year | 10 |
| 2010s | 2.32 % change on previous year | -5.15 % change on previous year | 12.22 % change on previous year | 10 |
| 2020s | -0.8658 % change on previous year | -11.11 % change on previous year | 2.55 % change on previous year | 4 |
Countries ranked near Grenada
- 130 Montserrat 2.98 % change on previous year compare
- 131 China, Hong Kong SAR 2.78 % change on previous year compare
- 132 Philippines 2.54 % change on previous year compare
- 134 Eswatini 2.52 % change on previous year compare
- 135 El Salvador 2.49 % change on previous year compare
- 136 Montenegro 2.46 % change on previous year 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 value added deflator (manufacturing) — value standard local currency in Grenada?
- Value added deflator (manufacturing) — value standard local currency in Grenada was 2.54 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Grenada?
- The highest recorded value was 36.83 % change on previous year in 1973.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Grenada?
- The lowest recorded value was -34.84 % change on previous year in 1977.
- How does Grenada rank for value added deflator (manufacturing) — value standard local currency?
- Grenada ranks 133rd out of 209 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Grenada?
- Over the last ten years it is down 79.2%. 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 Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added Deflator (Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.