Grenada—GDP Deflator (%)
Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #205 of 209
Latest Value
-1.3%
2024
YoY Change
-128.2%
2023 → 2024
Global Rank
#205
of 209 countries
Maximum
7.8%
2008
Minimum
-1.3%
2024
Last
-1.3%
Previous
4.5%
Highest
7.8%
Lowest
-1.3%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | -1.3% | -128.2% |
| 2023 | 4.5% | +171.7% |
| 2022 | 1.6% | -39.9% |
| 2021 | 2.7% | +1009.2% |
| 2020 | -0.3% | -109.0% |
| 2019 | 3.3% | +572.9% |
| 2018 | -0.7% | -146.1% |
| 2017 | 1.5% | -42.3% |
| 2016 | 2.6% | -4.1% |
| 2015 | 2.8% | +255.8% |
| 2014 | 0.8% | -73.5% |
| 2013 | 2.9% | -25.5% |
| 2012 | 3.9% | +1648.8% |
| 2011 | 0.2% | -53.2% |
| 2010 | 0.5% | +4946.5% |
| 2009 | -0.0% | -100.1% |
| 2008 | 7.8% | +238.3% |
| 2007 | 2.3% | -49.9% |
| 2006 | 4.6% | +86.1% |
| 2005 | 2.5% | +22.6% |
| 2004 | 2.0% | +2735.4% |
| 2003 | -0.1% | -120.7% |
| 2002 | 0.4% | -82.6% |
| 2001 | 2.1% | -25.1% |
| 2000 | 2.9% |
Top Countries — GDP Deflator (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Zimbabwe | 1097.2% | 2024 |
| 2 | Sudan | 243.9% | 2024 |
| 3 | Argentina | 207.6% | 2024 |
| 4 | Lebanon | 202.9% | 2023 |
| 5 | Syrian Arab Republic | 112.1% | 2022 |
| 6 | Turkiye | 59.3% | 2024 |
| 7 | Venezuela, RB | 54.7% | 2024 |
| 8 | Egypt, Arab Rep. | 33.7% | 2024 |
| 9 | Cuba | 32.2% | 2024 |
| 10 | Iran, Islamic Rep. | 28.4% | 2024 |
About This Indicator
Definition
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Methodology
Data compiled by Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).
Source: World Bank - World Development IndicatorsView original source →