Inflation, GDP deflator: linked series (annual %) in Grenada
Grenada: Inflation, GDP deflator: linked series was 0.7% in 2025. ◆ Volatile
Inflation, GDP deflator: linked series in Grenada, 1990–2025
Source: Staff estimates, World Bank (WB). Measured in annual %.
Analysis
The most recent figure for inflation, gdp deflator: linked series in Grenada is 0.7%, measured in 2025.
The figure is up 152.3% on the previous year and down 76.1% over ten years.
Over the whole period, inflation, gdp deflator: linked series in Grenada peaked at 7.8% in 2008 and was at its lowest, -1.3%, in 2024.
Grenada ranks 184th of 214 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator: linked series in Grenada, year by year
| Year | annual % | Change |
|---|---|---|
| 1990 | 0.0% | — |
| 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 | 2.7% | +140.1% |
| 2001 | 2.1% | -20.4% |
| 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: linked series 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% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.6% | 0.0% | 6.7% | 10 |
| 2000s | 2.4% | -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 financial sector data for Grenada
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 13.72 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 10.02 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 13.72 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is inflation, gdp deflator: linked series in Grenada?
- Inflation, gdp deflator: linked series in Grenada was 0.7% in 2025, according to Staff estimates, World Bank (WB).
- What is the highest inflation, gdp deflator: linked series recorded in Grenada?
- The highest recorded value was 7.8% in 2008.
- What is the lowest inflation, gdp deflator: linked series recorded in Grenada?
- The lowest recorded value was -1.3% in 2024.
- How does Grenada rank for inflation, gdp deflator: linked series?
- Grenada ranks 184th out of 214 countries with data for 2025.
- Is inflation, gdp deflator: linked series 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 Staff estimates, World Bank (WB), published as part of Inflation, GDP deflator: linked series (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.