Grenada Inflation Rate 1977-2024
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 2023 was 2.70%, a 0.12% increase from 2022.
- Grenada inflation rate for 2022 was 2.58%, a 1.36% increase from 2021.
- Grenada inflation rate for 2021 was 1.22%, a 1.96% increase from 2020.
- Grenada inflation rate for 2020 was -0.74%, a 1.34% decline from 2019.
| Grenada Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2023 |
2.70% |
0.12% |
| 2022 |
2.58% |
1.36% |
| 2021 |
1.22% |
1.96% |
| 2020 |
-0.74% |
-1.34% |
| 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% |
