Annual inflation, consumer prices in Grenada
Grenada: Annual inflation, consumer prices was 1.1% in 2024. ◆ Volatile
Annual inflation, consumer prices in Grenada, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Grenada recorded 1.1% for annual inflation, consumer prices in 2024.
Compared with earlier readings it is down 59.7% on the previous year and up 210.4% over ten years.
Over the whole period, annual inflation, consumer prices in Grenada peaked at 8.0% in 2008 and was at its lowest, -1.0%, in 2014.
Grenada ranks 176th of 203 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual inflation, consumer prices in Grenada, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 2.2% | — |
| 2001 | 3.1% | +44.0% |
| 2002 | 1.1% | -66.0% |
| 2003 | 2.2% | +101.9% |
| 2004 | 2.3% | +7.3% |
| 2005 | 3.5% | +50.3% |
| 2006 | 4.3% | +22.3% |
| 2007 | 3.9% | -9.2% |
| 2008 | 8.0% | +108.2% |
| 2009 | -0.3% | -103.8% |
| 2010 | 3.4% | -1213.4% |
| 2011 | 3.0% | -11.7% |
| 2012 | 2.4% | -20.5% |
| 2013 | -0.0% | -101.8% |
| 2014 | -1.0% | +2135.5% |
| 2015 | -0.5% | -47.6% |
| 2016 | 1.7% | -420.2% |
| 2017 | 0.9% | -45.0% |
| 2018 | 0.8% | -11.5% |
| 2019 | 0.6% | -25.6% |
| 2020 | -0.7% | -223.8% |
| 2021 | 1.2% | -264.6% |
| 2022 | 2.6% | +111.6% |
| 2023 | 2.7% | +4.5% |
| 2024 | 1.1% | -59.7% |
Grenada compared with similar countries
- Grenada's 1.1% is below the median for upper middle income countries, which is 3.1%, 36% of the median. (52 countries reporting)
- Grenada's 1.1% is below the median for Latin America & Caribbean, which is 3.3%, 33% of the median. (34 countries reporting)
Biggest year-on-year movements
Years where Annual inflation, consumer prices 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 |
|---|---|---|---|
| 2014 | -2135.5% | -0.0% | -1.0% |
| 2010 | +1213.4% | -0.3% | 3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.0% | -0.3% | 8.0% | 10 |
| 2010s | 1.1% | -1.0% | 3.4% | 10 |
| 2020s | 1.4% | -0.7% | 2.7% | 5 |
Countries ranked near Grenada
More development goals data for Grenada
- Red List Index 0.5617 index (2025)
- Number of refugees per 100,000 population, by country of origin 78.37 per 100,000 people (2025)
- Manufacturing value added per capita 430.64 constant US$ (2025)
- Number of transboundary breeds 8 (2025)
- Number of transboundary breeds (not extinct) 8 (2025)
- Number of transboundary breeds with unknown risk status 8 (2025)
- Number of local breeds with unknown risk status 1 (2025)
- Number of local breeds (not extinct) 1 (2025)
- Number of local breeds kept in the country 1 (2025)
- Infant deaths 22 (2024)
Frequently asked questions
- What is annual inflation, consumer prices in Grenada?
- Annual inflation, consumer prices in Grenada was 1.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual inflation, consumer prices recorded in Grenada?
- The highest recorded value was 8.0% in 2008.
- What is the lowest annual inflation, consumer prices recorded in Grenada?
- The lowest recorded value was -1.0% in 2014.
- How does Grenada rank for annual inflation, consumer prices?
- Grenada ranks 176th out of 203 countries with data for 2024.
- Is annual inflation, consumer prices rising or falling in Grenada?
- Over the last ten years it is up 210.4%. The long-run trend across the full record is volatile.
- Where does this Grenada data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).