Grenada Inflation Rate 1977-2020

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 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.
  • Grenada inflation rate for 2015 was -0.52%, a 0.47% increase from 2014.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Iran 18.01%
Turkey 16.33%
Lebanon 6.08%
Kazakhstan 6.02%
Mexico 4.90%
Belarus 4.87%
Gabon 4.75%
Romania 4.63%
South Africa 4.50%
Jordan 4.46%
Namibia 4.29%
Algeria 4.27%
Samoa 4.20%
Fiji 4.08%
Paraguay 3.98%
Guatemala 3.75%
Jamaica 3.74%
Brazil 3.66%
Dominican Republic 3.56%
Colombia 3.24%
Botswana 3.24%
Mauritius 3.22%
Russia 2.88%
Bulgaria 2.81%
Montenegro 2.61%
Armenia 2.52%
St. Vincent and the Grenadines 2.32%
Azerbaijan 2.26%
Costa Rica 2.22%
China 2.07%
Albania 2.03%
Serbia 1.96%
St. Lucia 1.94%
North Macedonia 1.46%
Bosnia 1.42%
Equatorial Guinea 1.35%
Peru 1.32%
Guyana 1.28%
Thailand 1.06%
Dominica 0.99%
Malaysia 0.88%
Grenada 0.80%
Iraq 0.37%
Maldives -0.13%
Ecuador -0.22%
Grenada Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
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%