GDP deflator (base year varies by country), annual growth rate in Grenada

Grenada: GDP deflator (base year varies by country), annual growth rate was 1.35 % change on previous year in 2024. ◆ Volatile

Latest (2024)
1.35 % change on previous year
Change on year
down 49.7%
World rank
176th
of 211 countries
All-time high
17.27 % change on previous year
in 1978
All-time low
-0.704 % change on previous year
in 2018
Years of data
47
1978–2024

GDP deflator (base year varies by country), annual growth rate in Grenada, 1978–2024

051015197820012024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Grenada recorded 1.35 % change on previous year for gdp deflator (base year varies by country), annual growth rate in 2024.

The figure is down 49.7% on the previous year and up 74.4% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in Grenada peaked at 17.27 % change on previous year in 1978 and was at its lowest, -0.704 % change on previous year, in 2018.

That places Grenada 176th out of 211 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP deflator (base year varies by country), annual growth rate in Grenada, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in Grenada, 1978 to 2024.
Year % change on previous year Change
1978 17.27 % change on previous year
1979 9.62 % change on previous year -44.3%
1980 9.05 % change on previous year -5.9%
1981 2.71 % change on previous year -70.1%
1982 4.16 % change on previous year +53.7%
1983 1.39 % change on previous year -66.5%
1984 6.61 % change on previous year +374.5%
1985 8.75 % change on previous year +32.3%
1986 4.34 % change on previous year -50.4%
1987 5.06 % change on previous year +16.7%
1988 6.76 % change on previous year +33.6%
1989 9 % change on previous year +33.1%
1990 0.0159 % change on previous year -99.8%
1991 6.67 % change on previous year +41725.1%
1992 4.01 % change on previous year -39.9%
1993 1.88 % change on previous year -53.1%
1994 3.19 % change on previous year +69.4%
1995 3.05 % change on previous year -4.3%
1996 2.67 % change on previous year -12.5%
1997 1.78 % change on previous year -33.2%
1998 1.74 % change on previous year -2.6%
1999 1.12 % change on previous year -35.5%
2000 2.86 % change on previous year +155.3%
2001 2.14 % change on previous year -25.1%
2002 0.3722 % change on previous year -82.6%
2003 -0.0771 % change on previous year -120.7%
2004 2.03 % change on previous year -2735.1%
2005 2.49 % change on previous year +22.6%
2006 4.63 % change on previous year +86.1%
2007 2.32 % change on previous year -49.9%
2008 7.85 % change on previous year +238.4%
2009 -0.01 % change on previous year -100.1%
2010 0.4803 % change on previous year -4918.7%
2011 0.2246 % change on previous year -53.2%
2012 3.93 % change on previous year +1647.9%
2013 2.92 % change on previous year -25.5%
2014 0.7749 % change on previous year -73.5%
2015 2.76 % change on previous year +256.0%
2016 2.64 % change on previous year -4.1%
2017 1.53 % change on previous year -42.3%
2018 -0.704 % change on previous year -146.1%
2019 3.33 % change on previous year -572.7%
2020 -0.3002 % change on previous year -109.0%
2021 2.79 % change on previous year -1029.6%
2022 2.22 % change on previous year -20.5%
2023 2.68 % change on previous year +21.0%
2024 1.35 % change on previous year -49.7%

Averages by decade

DecadeAverage LowestHighest Years
1970s 13.45 % change on previous year 9.62 % change on previous year 17.27 % change on previous year 2
1980s 5.78 % change on previous year 1.39 % change on previous year 9.05 % change on previous year 10
1990s 2.61 % change on previous year 0.0159 % change on previous year 6.67 % change on previous year 10
2000s 2.46 % change on previous year -0.0771 % change on previous year 7.85 % change on previous year 10
2010s 1.79 % change on previous year -0.704 % change on previous year 3.93 % change on previous year 10
2020s 1.75 % change on previous year -0.3002 % change on previous year 2.79 % change on previous year 5

Countries ranked near Grenada

  1. 173 Algeria 1.7 % change on previous year compare
  2. 174 Morocco 1.63 % change on previous year compare
  3. 175 Benin 1.57 % change on previous year compare
  4. 177 Switzerland 1.29 % change on previous year compare
  5. 178 Armenia 1.16 % change on previous year compare
  6. 179 Saint Lucia 0.963 % change on previous year compare

See the full ranking of 211 places →

More population data for Grenada

All data for Grenada →

Frequently asked questions

What is gdp deflator (base year varies by country), annual growth rate in Grenada?
Gdp deflator (base year varies by country), annual growth rate in Grenada was 1.35 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Grenada?
The highest recorded value was 17.27 % change on previous year in 1978.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Grenada?
The lowest recorded value was -0.704 % change on previous year in 2018.
How does Grenada rank for gdp deflator (base year varies by country), annual growth rate?
Grenada ranks 176th out of 211 countries with data for 2024.
Is gdp deflator (base year varies by country), annual growth rate rising or falling in Grenada?
Over the last ten years it is up 74.4%. The long-run trend across the full record is volatile.
Where does this Grenada data come from?
The figures come from Statizoid (derived), published as part of GDP deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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GDP deflator (base year varies by country), annual growth rate in Grenada. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/grenada/

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<a href="https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/grenada/">GDP deflator (base year varies by country), annual growth rate in Grenada</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 9,847 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.