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Grenada – PPP Conversion Factor

Name: Grenada PPP Conversion Factor
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Purchasing power parity conversion factor for GDP. Number of units of local currency required to buy the same amount of goods and services domestically as one US dollar would buy in the United States. · World Bank

1.57 −0.06 from 2023 G20 rank: 66th · all-time high: 1.83 (2008)

APA

Grenada PPP Conversion Factor. HistorySaid. Retrieved March 10, 2026, from https://historysaid.com/grenada/ppp-conversion-factor

BibTeX

@misc{historysaid_grenada_ppp-conversion-factor,
  title = {Grenada PPP Conversion Factor},
  url = {https://historysaid.com/grenada/ppp-conversion-factor},
  publisher = {HistorySaid},
  year = {2026}
}

Data & Projection▾

Year	Value	Change	Rank
2027* trend	1.48	–	–
2026* trend	1.51	–	–
2025* trend	1.54	–	–
2024	1.57	−0.06	66th
2023	1.62	+0.01	72nd
2022	1.61	−0.09	73rd
2021	1.70	+0.01	75th
2020	1.69	−0.03	75th
2019	1.72	+0.01	77th
2018	1.70	−0.05	75th
2017	1.75	−0.03	81st
2016	1.78	+0.00	80th
2015	1.78	+0.01	80th
2014	1.76	−0.03	80th
2013	1.79	−0.02	82nd
2012	1.81	+0.04	85th
2011	1.77	−0.03	87th
2010	1.80	−0.01	86th
2009	1.82	−0.01	89th
2008	1.83	+0.10	89th
2007	1.73	−0.01	86th
2006	1.73	+0.03	87th
2005	1.71	−0.01	88th
2004	1.72	−0.01	89th
2003	1.73	−0.04	89th
2002	1.77	−0.02	89th
2001	1.79	−0.00	88th
2000	1.79	+0.01	88th
1999	1.78	−0.01	92nd
1998	1.79	+0.01	93rd
1997	1.78	+0.00	95th
1996	1.77	+0.01	93rd
1995	1.76	+0.02	95th
1994	1.74	+0.02	98th
1993	1.73	−0.01	100th
1992	1.73	+0.03	104th
1991	1.71	+0.05	107th
1990	1.65	–	106th

Show all years (1990–2024)

* Linear trend extrapolation from last 5 data points

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%

This pattern occurred 682 times in G20 history, 460 successful

United Arab Emirates 2024

Reserves YoY

+25.6%

GDP growth

4.0%

C/A balance

14.5%

Guatemala 2024

Reserves YoY

+14.6%

GDP growth

3.7%

C/A balance

2.9%

Cambodia 2024

Reserves YoY

+12.6%

GDP growth

6.0%

C/A balance

0.5%

Sri Lanka 2024

Reserves YoY

+38.3%

GDP growth

5.0%

C/A balance

1.2%

Lesotho 2024

Reserves YoY

+18.0%

GDP growth

2.9%

C/A balance

3.9%

Lithuania 2024

Reserves YoY

+20.1%

GDP growth

2.8%

C/A balance

3.3%

HistorySaid – pattern alert

In 460 of 682 past occurrences of this pattern, the outcome was successful (67% of cases). Grenada matched this pattern in 1985. View full analysis →

HistorySaid

Grenada's ppp conversion factor stood at 1.57 in 2024, a decline of −0.06 from 2023. Based on recent trends, HistorySaid estimates 1.54 by 2025.