21, Jan 2021, EST.

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Country or Region: Grenada › Change country
Economic Indicator: GDP Deflator › See all Grenada indicators, › See GDP Deflator data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: East Caribbean Dollar
Currency Symbol: CXD

The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts. See notes for: Gross domestic product, constant prices (National currency) Gross domestic product, current prices (National currency).

GDP Deflator for Grenada in year 2015 is 121.694 (Index, Base Year as per country's accounts = 100). The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts.

This makes Grenada No. 121 in world rankings according to GDP Deflator in year 2015. The world's average GDP Deflator value is 427.87 (Index, Base Year as per country's accounts = 100); Grenada is 306.18 less than the average.

In the previous year, 2014, GDP Deflator for Grenada was 121.69 (Index, Base Year as per country's accounts = 100) GDP Deflator for Grenada in 2015 was or will be 0.00% more than it was or will be in 2014.

In the following or forecasted year, 2016, GDP Deflator for Grenada was or will be 123.89 (Index, Base Year as per country's accounts = 100), which is 1.80% more than the 2015 figure.