Inflation, GDP deflator 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 183rd out of 213 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.
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
- Gross value added at basic prices (GVA) 2.23 billion constant LCU (2025)
- Services, value added 64.9% (2025)
- GDP deflator 142.22 base year varies by country (2025)
- Foreign direct investment, net inflows 12.0% (2025)
- Foreign direct investment, net inflows 170.66 million BoP, current US$ (2025)
- Gross value added at basic prices (GVA) 1.17 billion current US$ (2025)
- Gross value added at basic prices (GVA) 3.15 billion current LCU (2025)
- Gross value added at basic prices (GVA) 1.02 billion constant 2015 US$ (2025)
- GDP 3.83 billion current LCU (2025)
- Agriculture, forestry, and fishing, value added 83.32 million constant LCU (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 183rd out of 213 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.