Price level ratio of PPP conversion factor (GDP) to market exchange in Grenada
Grenada: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.5887 in 2024. ▬ Flat
Latest (2024)
0.5887
Change on year
down 1.0%
World rank
68th
of 202 countries
All-time high
0.6771
in 2008
All-time low
0.5887
in 2024
Years of data
35
1990–2024
Price level ratio of PPP conversion factor (GDP) to market exchange in Grenada, 1990–2024
Source: UNESCO Institute for Statistics.
Analysis
In 2024, price level ratio of ppp conversion factor (gdp) to market exchange in Grenada stood at 0.5887. That is the lowest value across all 35 years on record.
Compared with earlier readings it is down 1.0% on the previous year and down 9.9% over ten years.
Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Grenada peaked at 0.6771 in 2008 and was at its lowest, 0.5887, in 2024.
That places Grenada 68th out of 202 countries with data for 2024, putting it in the middle of the range.
Price level ratio of PPP conversion factor (GDP) to market exchange in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 0.6121 | — |
| 1991 | 0.6316 | +3.2% |
| 1992 | 0.6422 | +1.7% |
| 1993 | 0.6392 | -0.5% |
| 1994 | 0.6458 | +1.0% |
| 1995 | 0.6519 | +0.9% |
| 1996 | 0.6573 | +0.8% |
| 1997 | 0.6576 | +0.1% |
| 1998 | 0.6616 | +0.6% |
| 1999 | 0.6597 | -0.3% |
| 2000 | 0.6625 | +0.4% |
| 2001 | 0.6618 | -0.1% |
| 2002 | 0.6541 | -1.2% |
| 2003 | 0.6409 | -2.0% |
| 2004 | 0.6368 | -0.6% |
| 2005 | 0.6328 | -0.6% |
| 2006 | 0.6423 | +1.5% |
| 2007 | 0.6399 | -0.4% |
| 2008 | 0.6771 | +5.8% |
| 2009 | 0.6728 | -0.6% |
| 2010 | 0.668 | -0.7% |
| 2011 | 0.6559 | -1.8% |
| 2012 | 0.6707 | +2.3% |
| 2013 | 0.663 | -1.2% |
| 2014 | 0.6531 | -1.5% |
| 2015 | 0.6579 | +0.7% |
| 2016 | 0.6597 | +0.3% |
| 2017 | 0.6483 | -1.7% |
| 2018 | 0.6312 | -2.6% |
| 2019 | 0.6362 | +0.8% |
| 2020 | 0.6245 | -1.8% |
| 2021 | 0.629 | +0.7% |
| 2022 | 0.6001 | -4.6% |
| 2023 | 0.5948 | -0.9% |
| 2024 | 0.5887 | -1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6459 | 0.6121 | 0.6616 | 10 |
| 2000s | 0.6521 | 0.6328 | 0.6771 | 10 |
| 2010s | 0.6544 | 0.6312 | 0.6707 | 10 |
| 2020s | 0.6074 | 0.5887 | 0.629 | 5 |
Countries ranked near Grenada
- 65 Singapore 0.6017 compare
- 66 Republic of Korea 0.5936 compare
- 67 Palestine, State of 0.593 compare
- 69 Portugal 0.5699 compare
- 70 Macau, China 0.5695 compare
- 71 Greece 0.5616 compare
More population data for Grenada
- Population regions with projections, annual growth rate -1.04 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -0.7973 % change on previous year (2050)
- Population long run with projections, annual growth rate -1.04 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.5624 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 136.25 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.3827 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.9184 % change on previous year (2100)
- Population growth rate -1.03 (2100)
- Population density 217.37 (2100)
- Projected population under age 5 2,697 (2100)
Frequently asked questions
- What is price level ratio of ppp conversion factor (gdp) to market exchange in Grenada?
- Price level ratio of ppp conversion factor (gdp) to market exchange in Grenada was 0.5887 in 2024, according to UNESCO Institute for Statistics.
- What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Grenada?
- The highest recorded value was 0.6771 in 2008.
- What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Grenada?
- The lowest recorded value was 0.5887 in 2024.
- How does Grenada rank for price level ratio of ppp conversion factor (gdp) to market exchange?
- Grenada ranks 68th out of 202 countries with data for 2024.
- Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Grenada?
- Over the last ten years it is down 9.9%. The long-run trend across the full record is flat.
- Where does this Grenada data come from?
- The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release