Real effective exchange rate index (2010 = 100) in Grenada
Grenada: Real effective exchange rate index (2010 = 100) was 87.42 2010 = 100 in 2025. ▼ Falling
Real effective exchange rate index in Grenada, 1979–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in 2010 = 100.
Analysis
The most recent figure for real effective exchange rate index in Grenada is 87.42 2010 = 100, measured in 2025. That is the lowest value across all 47 years on record.
Compared with earlier readings it is down 2.4% on the previous year and down 9.3% over ten years.
Over the whole period, real effective exchange rate index in Grenada peaked at 132.93 2010 = 100 in 1985 and was at its lowest, 87.42 2010 = 100, in 2025.
Grenada ranks 80th of 95 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 47 years of available data.
Real effective exchange rate index (2010 = 100) in Grenada, year by year
| Year | 2010 = 100 | Change |
|---|---|---|
| 1979 | 92.49 2010 = 100 | — |
| 1980 | 96.22 2010 = 100 | +4.0% |
| 1981 | 111.26 2010 = 100 | +15.6% |
| 1982 | 118.1 2010 = 100 | +6.1% |
| 1983 | 124.5 2010 = 100 | +5.4% |
| 1984 | 132.8 2010 = 100 | +6.7% |
| 1985 | 132.93 2010 = 100 | +0.1% |
| 1986 | 123.8 2010 = 100 | -6.9% |
| 1987 | 111.31 2010 = 100 | -10.1% |
| 1988 | 109.5 2010 = 100 | -1.6% |
| 1989 | 115.03 2010 = 100 | +5.0% |
| 1990 | 106.69 2010 = 100 | -7.2% |
| 1991 | 105.46 2010 = 100 | -1.2% |
| 1992 | 104.44 2010 = 100 | -1.0% |
| 1993 | 110.07 2010 = 100 | +5.4% |
| 1994 | 110.06 2010 = 100 | -0.0% |
| 1995 | 106.45 2010 = 100 | -3.3% |
| 1996 | 106.81 2010 = 100 | +0.3% |
| 1997 | 107.84 2010 = 100 | +1.0% |
| 1998 | 108.5 2010 = 100 | +0.6% |
| 1999 | 109.31 2010 = 100 | +0.8% |
| 2000 | 111.86 2010 = 100 | +2.3% |
| 2001 | 112.47 2010 = 100 | +0.5% |
| 2002 | 110.58 2010 = 100 | -1.7% |
| 2003 | 106.13 2010 = 100 | -4.0% |
| 2004 | 102.28 2010 = 100 | -3.6% |
| 2005 | 101.16 2010 = 100 | -1.1% |
| 2006 | 101.39 2010 = 100 | +0.2% |
| 2007 | 98.7 2010 = 100 | -2.7% |
| 2008 | 98.98 2010 = 100 | +0.3% |
| 2009 | 100.64 2010 = 100 | +1.7% |
| 2010 | 100 2010 = 100 | -0.6% |
| 2011 | 97.06 2010 = 100 | -2.9% |
| 2012 | 97.71 2010 = 100 | +0.7% |
| 2013 | 96.49 2010 = 100 | -1.3% |
| 2014 | 93.61 2010 = 100 | -3.0% |
| 2015 | 96.41 2010 = 100 | +3.0% |
| 2016 | 97.56 2010 = 100 | +1.2% |
| 2017 | 96.25 2010 = 100 | -1.3% |
| 2018 | 94.17 2010 = 100 | -2.2% |
| 2019 | 94.96 2010 = 100 | +0.8% |
| 2020 | 93.91 2010 = 100 | -1.1% |
| 2021 | 90.94 2010 = 100 | -3.2% |
| 2022 | 91.45 2010 = 100 | +0.6% |
| 2023 | 90.3 2010 = 100 | -1.3% |
| 2024 | 89.6 2010 = 100 | -0.8% |
| 2025 | 87.42 2010 = 100 | -2.4% |
Grenada compared with similar countries
- Grenada's 87.42 2010 = 100 is below the median for upper middle income countries, which is 104.65 2010 = 100, 84% of the median. (25 countries reporting)
- Grenada's 87.42 2010 = 100 is below the median for Latin America & Caribbean, which is 100.57 2010 = 100, 87% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 92.49 2010 = 100 | 92.49 2010 = 100 | 92.49 2010 = 100 | 1 |
| 1980s | 117.54 2010 = 100 | 96.22 2010 = 100 | 132.93 2010 = 100 | 10 |
| 1990s | 107.56 2010 = 100 | 104.44 2010 = 100 | 110.07 2010 = 100 | 10 |
| 2000s | 104.42 2010 = 100 | 98.7 2010 = 100 | 112.47 2010 = 100 | 10 |
| 2010s | 96.42 2010 = 100 | 93.61 2010 = 100 | 100 2010 = 100 | 10 |
| 2020s | 90.6 2010 = 100 | 87.42 2010 = 100 | 93.91 2010 = 100 | 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 real effective exchange rate index in Grenada?
- Real effective exchange rate index in Grenada was 87.42 2010 = 100 in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real effective exchange rate index recorded in Grenada?
- The highest recorded value was 132.93 2010 = 100 in 1985.
- What is the lowest real effective exchange rate index recorded in Grenada?
- The lowest recorded value was 87.42 2010 = 100 in 2025.
- How does Grenada rank for real effective exchange rate index?
- Grenada ranks 80th out of 95 countries with data for 2025.
- Is real effective exchange rate index rising or falling in Grenada?
- Over the last ten years it is down 9.3%. The long-run trend across the full record is falling.
- Where does this Grenada data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real effective exchange rate index (2010 = 100). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs. This indicator is an index series where 2010=100.