Grenada Inflation Rate 1977-2021

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Grenada inflation rate for 2019 was 0.60%, a 0.21% decline from 2018.
  • Grenada inflation rate for 2018 was 0.80%, a 0.1% decline from 2017.
  • Grenada inflation rate for 2017 was 0.91%, a 0.74% decline from 2016.
  • Grenada inflation rate for 2016 was 1.65%, a 2.17% increase from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Iran 39.91%
Turkey 15.18%
Belarus 5.60%
Kazakhstan 5.25%
Russia 4.47%
South Africa 4.12%
Jamaica 3.91%
Romania 3.83%
Brazil 3.73%
Namibia 3.72%
Guatemala 3.70%
Mexico 3.64%
Colombia 3.53%
Bulgaria 3.10%
Lebanon 3.01%
China 2.90%
Botswana 2.77%
Paraguay 2.76%
Azerbaijan 2.61%
Peru 2.14%
Costa Rica 2.10%
Guyana 2.09%
Gabon 2.03%
Algeria 1.95%
Serbia 1.85%
Dominican Republic 1.81%
Dominica 1.50%
Armenia 1.44%
Albania 1.41%
Equatorial Guinea 1.24%
Samoa 0.98%
St. Vincent and the Grenadines 0.91%
North Macedonia 0.77%
Jordan 0.76%
Thailand 0.71%
Malaysia 0.66%
Grenada 0.60%
Bosnia 0.56%
St. Lucia 0.54%
Mauritius 0.41%
Montenegro 0.36%
Ecuador 0.27%
Maldives 0.22%
Iraq -0.20%
Grenada Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2019 0.60% -0.21%
2018 0.80% -0.10%
2017 0.91% -0.74%
2016 1.65% 2.17%
2015 -0.52% 0.47%
2014 -0.98% -0.94%
2013 -0.04% -2.45%
2012 2.41% -0.62%
2011 3.03% -0.40%
2010 3.44% 3.75%
2009 -0.31% -8.34%
2008 8.03% 4.17%
2007 3.86% -0.39%
2006 4.25% 0.78%
2005 3.48% 1.16%
2004 2.31% 0.16%
2003 2.15% 1.09%
2002 1.07% -2.07%
2001 3.14% 0.96%
2000 2.18% 1.60%
1999 0.58% -0.80%
1998 1.38% 0.13%
1997 1.24% -0.79%
1996 2.03% 0.16%
1995 1.87% -1.90%
1994 3.77% 0.96%
1993 2.81% -0.97%
1992 3.78% 1.13%
1991 2.64% -0.08%
1990 2.72% -2.87%
1989 5.59% 1.59%
1988 4.00% 4.87%
1987 -0.87% -1.43%
1986 0.56% -1.94%
1985 2.50% -3.16%
1984 5.66% -0.44%
1983 6.10% -1.72%
1982 7.81% -10.97%
1981 18.79% -3.03%
1980 21.82% 0.94%
1979 20.88% 2.75%
1978 18.14% -0.32%
1977 18.46% -0.32%