Grenada Inflation Rate 1977-2022

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 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 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.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 154.76%
Suriname 59.11%
Turkey 19.60%
Belarus 9.46%
Brazil 8.30%
Dominican Republic 8.24%
Botswana 7.24%
Algeria 7.23%
Armenia 7.18%
Russia 6.69%
Azerbaijan 6.65%
Iraq 6.04%
Jamaica 5.86%
Mexico 5.69%
Romania 5.05%
Guyana 5.03%
Paraguay 4.79%
South Africa 4.61%
Peru 4.27%
Guatemala 4.26%
Serbia 4.09%
Mauritius 4.03%
Namibia 3.62%
Colombia 3.50%
Bulgaria 3.30%
North Macedonia 3.23%
Samoa 3.13%
Malaysia 2.48%
Montenegro 2.41%
St. Lucia 2.41%
Albania 2.04%
Bosnia 1.98%
Costa Rica 1.73%
St. Vincent and the Grenadines 1.57%
Jordan 1.35%
Thailand 1.23%
Grenada 1.22%
China 0.98%
Maldives 0.54%
Dominica 0.52%
Fiji 0.16%
Ecuador 0.13%
Grenada Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
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%