PPP conversion factor — all countries

PPP conversion factor — Grenada

PPP conversion factor in Grenada in 2025 — 1.531 per int$. Ranked 125 in the world out of 185. Since 1990, the indicator has fallen by 7.3%.

2025 1.531 per int$ −2.08% vs 2024
World rank 125of 185
Period maximum 1.828 per int$2008
Period minimum 1.531 per int$2025

Trend over time

1990–2025 · local units per international $

PPP conversion factor — Grenada, 1990–20251.51.61.71.81.919901994199820022006201020142018202220251990: 1.653 per int$1991: 1.705 per int$1992: 1.734 per int$1993: 1.726 per int$1994: 1.744 per int$1995: 1.76 per int$1996: 1.775 per int$1997: 1.776 per int$1998: 1.786 per int$1999: 1.781 per int$2000: 1.789 per int$2001: 1.787 per int$2002: 1.766 per int$2003: 1.73 per int$2004: 1.719 per int$2005: 1.709 per int$2006: 1.734 per int$2007: 1.728 per int$2008: 1.828 per int$2009: 1.817 per int$2010: 1.803 per int$2011: 1.771 per int$2012: 1.811 per int$2013: 1.79 per int$2014: 1.763 per int$2015: 1.776 per int$2016: 1.781 per int$2017: 1.75 per int$2018: 1.704 per int$2019: 1.718 per int$2020: 1.686 per int$2021: 1.698 per int$2022: 1.611 per int$2023: 1.623 per int$2024: 1.564 per int$2025: 1.531 per int$
Change over the period: −0.121 (−7.34%) Average annual rate: -0.22 %
PPP conversion factor — Grenada, by year Grenada All countries CSV XLSX
Year per int$ Change Change, %
2025 1.531 −0.033 −2.08%
2024 1.564 −0.059 −3.65%
2023 1.623 +0.012 +0.73%
2022 1.611 −0.087 −5.11%
2021 1.698 +0.012 +0.72%
2020 1.686 −0.032 −1.84%
2019 1.718 +0.014 +0.79%
2018 1.704 −0.046 −2.64%
2017 1.75 −0.031 −1.73%
2016 1.781 +0.005 +0.27%
2015 1.776 +0.013 +0.74%
2014 1.763 −0.027 −1.49%
2013 1.79 −0.021 −1.15%
2012 1.811 +0.04 +2.25%
2011 1.771 −0.032 −1.8%
2010 1.803 −0.013 −0.73%
2009 1.817 −0.011 −0.62%
2008 1.828 +0.1 +5.81%
2007 1.728 −0.007 −0.38%
2006 1.734 +0.026 +1.5%
2005 1.709 −0.011 −0.63%
2004 1.719 −0.011 −0.64%
2003 1.73 −0.036 −2.01%
2002 1.766 −0.021 −1.16%
2001 1.787 −0.002 −0.11%
2000 1.789 +0.007 +0.42%
1999 1.781 −0.005 −0.29%
1998 1.786 +0.011 +0.61%
1997 1.776 +0.001 +0.06%
1996 1.775 +0.015 +0.83%
1995 1.76 +0.016 +0.94%
1994 1.744 +0.018 +1.03%
1993 1.726 −0.008 −0.48%
1992 1.734 +0.029 +1.69%
1991 1.705 +0.053 +3.18%
1990 1.653

About the indicator

The number of units of national currency that buys the same set of goods and services inside the country as one dollar buys in the United States. Set against the market exchange rate it gives a measure of how far a currency is undervalued or overvalued: if the PPP factor is half the exchange rate, domestic prices are half the American ones, and any income in that country is worth twice what conversion at the exchange rate shows.

Important: There are no aggregates for country groups: the quantity is expressed in different currencies, and averaging it across countries is meaningless. Its ratio to the market exchange rate is the very adjustment from which all PPP indicators follow.

Source: World Development Indicators (World Bank), license CC BY 4.0.