GD
Prices & public finance · Latin America & Caribbean · Upper-middle income
Grenada: prices, money and public finance
Inflation is 0.6% (2025), 156th of 180 in the world and 28th of 31 in Latin America & Caribbean. GDP deflator is 0.7% (2025), 180th of 209 in the world and 36th of 40 in Latin America & Caribbean. Lending rate is 6.9% (2025), 88th of 136 in the world and 24th of 31 in Latin America & Caribbean.
Inflation
GrenadaLatin America & CaribbeanUpper-middle incomeWorld
GDP deflator
GrenadaLatin America & CaribbeanUpper-middle incomeWorld
9 indicators
Prices & public finance: Grenada in detail
Latest reported value, world rank and rank within Latin America & Caribbean; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 0.6%2025 | 156/180 | 28/31 | 2.2% | 3.4% | -0.7% | +1.1 ppsince 2015 | 2.1% | 3.3% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 0.7%2025 | 180/209 | 36/40 | 2.9% | 0.5% | -0.3% | −2.1 ppsince 2015 | 3.4% | 3.3% | 3.3% | |
| Lending rateLending interest rate, % | 6.9%2025 | 88/136 | 24/31 | 11.6% | 10.6% | 6.8% | −2.1 ppsince 2015 | — | — | — | |
| Real interest rateReal interest rate, % | 6.2%2025 | 51/136 | 12/31 | 8.5% | 10.0% | 7.2% | +0.1 ppsince 2015 | — | — | — | |
| Exchange rateOfficial exchange rate, local currency per US$ | 2.702025 | 136/210 | 22/39 | 2.70 | 2.70 | 2.70 | ±0.0%since 2015 | — | — | — | |
| External debtExternal debt stocks, % of GNI | 68.6%2024 | 29/119 | 8/22 | 41.0% | 76.7% | 85.8% | −8.4 ppsince 2014 | — | 21.3% | — | |
| Private creditDomestic credit to private sector, % of GDP | 57.5%2025 | 58/169 | 10/31 | 62.6% | 84.0% | 59.4% | +0.2 ppsince 2015 | 52.9% | 139.0% | 140.3% | |
| Broad moneyBroad money, % of GDP | 92.0%2025 | 27/146 | 4/31 | 78.2% | 99.5% | 94.4% | +5.3 ppsince 2015 | 72.6% | 167.9% | 135.7% | |
| Reserves, months of importsTotal reserves in months of imports | 4.42025 | 86/165 | 16/32 | 1.9 | 2.8 | 5.5 | +14%since 2015 | 6.6 | 9.9 | 8.6 |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- External debt−8.4 pp68.6% in 2024
- Reserves, months of imports+14%4.4 in 2025
Worse than ten years ago
- Inflation+1.1 pp0.6% in 2025
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Grenada and its neighbours
Countries sharing a land border with Grenada. Latest values since 2005; the highest in each row is marked.
| Indicator | Grenada | Venezuela |
|---|---|---|
| Inflation | 0.6%2025 | 254.9%2016 |
| GDP deflator | 0.7%2025 | 227.1%2025 |
| Lending rate | 6.9%2025 | 21.1%2017 |
| Real interest rate | 6.2%2025 | -89.5%2017 |
| Exchange rate | 2.702025 | 9.972017 |
| External debt | 68.6%2024 | — |
| Private credit | 57.5%2025 | 27.5%2013 |
| Broad money | 92.0%2025 | 48.6%2013 |
| Reserves, months of imports | 4.42025 | 3.72016 |