Grenada Inflation Rate
Consumer price inflation, annual % FP.CPI.TOTL.ZG
Grenada's inflation rate was 1.19% in 2025, ranked 163rd globally. This represents a 9.8% increase from 2024. Data from World Bank, covering 1977–2025.
Overview
Grenada's inflation rate stood at 1.19% in 2025, a rise of +0.11pp from 2024. The IMF projects 1.19% by 2025. Grenada ranked 163rd globally.
Grenada’s inflation rate has fallen dramatically from an all‑time peak of 21.82 % in 1980 to a modest 1.19 % in 2025, placing the country at rank 163 globally and matching Morocco’s 2025 figure while edging slightly above Burkina Faso’s 1.30 % and below France’s 1.14 %. The long‑term decline reflects a 49‑year trajectory that includes a historic trough of –0.98 % in 2014, the only negative reading in the series, suggesting that price pressures were briefly deflationary during that year. The post‑trough period has been characterised by relatively stable, low‑inflation outcomes, aided by prudent monetary policy and a small, open economy that imports most consumer goods. Maintaining this stability will depend on external factors such as commodity price volatility and exchange‑rate movements; a sustained appreciation of the East Caribbean dollar or a sharp rise in global oil prices could disrupt the current low‑inflation path.
Data & projection
| Year | Inflation Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 1.98% | - | - |
| 2029* IMF | 1.98% | - | - |
| 2028* IMF | 1.98% | - | - |
| 2027* IMF | 1.98% | - | - |
| 2026* IMF | 1.05% | - | - |
| 2025* IMF | 1.19% | - | - |
| 2025 | 1.19% | +0.11pp | #163 |
| 2024 | 1.09% | −1.63pp | #28 |
| 2023 | 2.70% | +0.14pp | #31 |
| 2022 | 2.58% | +1.36pp | #13 |
| 2021 | 1.22% | +1.96pp | #21 |
| 2020 | -0.74% | −1.34pp | #15 |
| 2019 | 0.60% | −0.21pp | #39 |
| 2018 | 0.80% | −0.11pp | #24 |
| 2017 | 0.91% | −0.74pp | #41 |
| 2016 | 1.65% | +2.17pp | #106 |
| 2015 | -0.52% | +0.47pp | #34 |
| 2014 | -0.98% | −0.94pp | #6 |
| 2013 | -0.04% | −2.45pp | #16 |
| 2012 | 2.41% | −0.62pp | #52 |
| 2011 | 3.03% | −0.40pp | #47 |
Detected Pattern
Analysis
Grenada matched the Export Boom Cycle pattern in 1985. Historically, 71% of countries showing this pattern (546 out of 768) saw inflation rate improve within 24 months. View full analysis →
Frequently Asked Questions
Grenada's inflation rate was 1.19% in 2025. Ranked 163rd globally. This represents a 9.8% increase from the previous year.
Grenada's inflation rate peaked at 21.82% in 1980.
The lowest inflation rate in Grenada was -0.98% in 2014.
Grenada ranks 163rd globally in inflation rate as of 2025.
The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.
Grenada's inflation rate is projected to reach 1.19% by 2025 based on IMF projection.
The inflation rate of Grenada in 2025 was 1.19%. This ranks 163rd in the world.
Cite this page
@misc{historysaid_grenada_inflation-rate,
title = {Grenada Inflation Rate},
url = {https://historysaid.com/grenada/inflation-rate/},
publisher = {HistorySaid},
year = {2026}
}