Grenada PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
Grenada's ppp conversion factor was 1.54 in 2025, ranked 129th globally. This represents a 1.5% decrease from 2024. Data from World Bank, covering 1990–2025.
Overview
Grenada's ppp conversion factor stood at 1.54 in 2025, a decline of +0.02 from 2024. Based on recent trends, this figure is projected to reach 1.54 by 2025. Grenada ranked 129th globally.
Grenada’s purchasing power parity (PPP) conversion factor has slipped from 1.65 in 1990 to a trough of 1.54 in 2025, placing it 129th globally and marking the lowest point in the 36‑year series. The factor peaked at 1.83 in 2008, reflecting a period when domestic prices were relatively low compared with the U.S. dollar, but subsequent fluctuations have eroded that advantage. Compared with peers of similar rank, Samoa records a conversion factor of 1.63 and Turkmenistan 1.49, indicating that Grenada’s current level is nearer the lower end of the cluster. The gradual decline suggests that domestic inflation has outpaced that of the United States, reducing the real value of Grenadian income when expressed in international dollars. If inflationary pressures are contained and productivity gains accelerate, the PPP conversion factor could stabilize or modestly improve, potentially reversing the downward trajectory observed since the 2008 peak.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 1.48 | - | - |
| 2026* trend | 1.51 | - | - |
| 2025* trend | 1.54 | - | - |
| 2025 | 1.54 | −0.02 | #129 |
| 2024 | 1.57 | −0.06 | #66 |
| 2023 | 1.62 | +0.01 | #72 |
| 2022 | 1.61 | −0.09 | #73 |
| 2021 | 1.70 | +0.01 | #75 |
| 2020 | 1.69 | −0.03 | #75 |
| 2019 | 1.72 | +0.01 | #77 |
| 2018 | 1.70 | −0.05 | #75 |
| 2017 | 1.75 | −0.03 | #81 |
| 2016 | 1.78 | +0.00 | #80 |
| 2015 | 1.78 | +0.01 | #80 |
| 2014 | 1.76 | −0.03 | #80 |
| 2013 | 1.79 | −0.02 | #82 |
| 2012 | 1.81 | +0.04 | #85 |
| 2011 | 1.77 | −0.03 | #87 |
Detected Pattern
Analysis
Grenada matched the Export Boom Cycle pattern in 1985. Historically, 71% of countries showing this pattern (546 out of 768) saw ppp conversion factor improve within 24 months. View full analysis →
Frequently Asked Questions
Grenada's ppp conversion factor was 1.54 in 2025. Ranked 129th globally. This represents a 1.5% decrease from the previous year.
Grenada's ppp conversion factor peaked at 1.83 in 2008.
The lowest ppp conversion factor in Grenada was 1.54 in 2025.
Grenada ranks 129th globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
Grenada's ppp conversion factor is projected to reach 1.54 by 2025 based on trend extrapolation.
The ppp conversion factor of Grenada in 2025 was 1.54. This ranks 129th in the world.
Cite this page
@misc{historysaid_grenada_ppp-conversion-factor,
title = {Grenada PPP Conversion Factor},
url = {https://historysaid.com/grenada/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}