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Grenada Consumer Price Index

Consumer price index (2010 = 100)  FP.CPI.TOTL

Grenada's consumer price index was 118.20 in 2025, ranked 173rd globally. This represents a 2.2% increase from 2024. Data from World Bank, covering 1976–2025.

118.20 +2.58 (+2.2%)
Year 2025 Rank #173 Global Peak 118.20 (2025) Source World Bank

Grenada Consumer Price Index (1976–2025)

Overview

Grenada's consumer price index stood at 118.20 in 2025, a rise of +2.58 from 2024. Based on recent trends, this figure is projected to reach 118.20 by 2025. Grenada ranked 173rd globally.

Grenada’s Consumer Price Index (CPI) has risen from a trough of 17.31 in 1976 to an all‑time peak of 118.20 in 2025, placing the small Caribbean state at rank 173 worldwide. This 681 percent increase over five decades reflects sustained inflationary pressures, notably during the global surge in commodity prices after 2020 and the island’s reliance on imported fuel and food. Compared with peers of similar ranking, Bahrain’s CPI of 122.30 and Japan’s 116.08 illustrate that Grenada’s price level now aligns with economies experiencing moderate inflation despite divergent monetary frameworks. The upward trajectory has been amplified by fiscal stimulus measures aimed at post‑pandemic recovery, which expanded demand while supply chain bottlenecks constrained imports. Continued depreciation of the Eastern Caribbean dollar or a sharp rise in global oil prices could accelerate inflation further, whereas a successful diversification of domestic production and tighter fiscal discipline would be required to temper the upward trend.

Data & projection

Year Consumer Price Index YoY change Rank
2027* trend 122.70 - -
2026* trend 120.45 - -
2025* trend 118.20 - -
2025 118.20 +2.58 #173
2024 115.62 +1.24 #4
2023 114.38 +3.00 #5
2022 111.38 +2.80 #6
2021 108.58 +1.31 #9
2020 107.27 −0.80 #12
2019 108.07 +0.64 #12
2018 107.43 +0.86 #15
2017 106.57 +0.96 #16
2016 105.61 +1.71 #18
2015 103.90 −0.54 #13
2014 104.43 −1.04 #10
2013 105.47 −0.05 #21
2012 105.52 +2.48 #37
2011 103.03 +3.03 #44
Show all years (1976-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +46.2% GDP growth 6.0% C/A balance 1.7%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Grenada matched the Export Boom Cycle pattern in 1985. Historically, 71% of countries showing this pattern (546 out of 768) saw consumer price index improve within 24 months. View full analysis →

Frequently Asked Questions

What is Grenada's consumer price index?▾

Grenada's consumer price index was 118.20 in 2025. Ranked 173rd globally. This represents a 2.2% increase from the previous year.

What was the highest consumer price index in Grenada?▾

Grenada's consumer price index peaked at 118.20 in 2025.

What was the lowest consumer price index in Grenada?▾

The lowest consumer price index in Grenada was 17.31 in 1976.

How does Grenada rank in consumer price index?▾

Grenada ranks 173rd globally in consumer price index as of 2025.

What is the World Bank indicator code for consumer price index?▾

The World Bank indicator code is FP.CPI.TOTL. Data sourced from World Bank.

What is the projected consumer price index of Grenada in 2025?▾

Grenada's consumer price index is projected to reach 118.20 by 2025 based on trend extrapolation.

What is the consumer price index of Grenada in 2025?▾

The consumer price index of Grenada in 2025 was 118.20. This ranks 173rd in the world.

Cite this page

APA
Grenada Consumer Price Index. HistorySaid. Retrieved October 24, 2026, from https://historysaid.com/grenada/consumer-price-index/
BibTeX
@misc{historysaid_grenada_consumer-price-index, title = {Grenada Consumer Price Index}, url = {https://historysaid.com/grenada/consumer-price-index/}, publisher = {HistorySaid}, year = {2026} }
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