Real Effective Exchange Rate in Grenada
Grenada: Real Effective Exchange Rate was 95.43 in 2018. ▼ Falling
Real Effective Exchange Rate in Grenada, 2000–2018
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
The most recent figure for real effective exchange rate in Grenada is 95.43, measured in 2018.
That represents a change of down 2.4% on the previous year and down 3.6% over ten years.
Over the whole period, real effective exchange rate in Grenada peaked at 112.48 in 2001 and was at its lowest, 93.63, in 2014.
That places Grenada 74th out of 107 countries with data for 2018, putting it in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Real Effective Exchange Rate in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 111.87 | — |
| 2001 | 112.48 | +0.5% |
| 2002 | 110.59 | -1.7% |
| 2003 | 106.13 | -4.0% |
| 2004 | 102.28 | -3.6% |
| 2005 | 101.16 | -1.1% |
| 2006 | 101.39 | +0.2% |
| 2007 | 98.7 | -2.7% |
| 2008 | 98.98 | +0.3% |
| 2009 | 100.64 | +1.7% |
| 2010 | 100 | -0.6% |
| 2011 | 97.06 | -2.9% |
| 2012 | 97.71 | +0.7% |
| 2013 | 96.46 | -1.3% |
| 2014 | 93.63 | -2.9% |
| 2015 | 97.02 | +3.6% |
| 2016 | 99.15 | +2.2% |
| 2017 | 97.79 | -1.4% |
| 2018 | 95.43 | -2.4% |
Grenada compared with similar countries
- Grenada's 95.43 is below the median for upper middle income countries, which is 101.79, 94% of the median. (32 countries reporting)
- Grenada's 95.43 is below the median for Latin America & Caribbean, which is 104.5, 91% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 104.42 | 98.7 | 112.48 | 10 |
| 2010s | 97.14 | 93.63 | 100 | 9 |
Countries ranked near Grenada
More reference data data for Grenada
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0023 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0047 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.007 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.007 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0076 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0034 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0219 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0331 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0001 (2050)
Frequently asked questions
- What is real effective exchange rate in Grenada?
- Real effective exchange rate in Grenada was 95.43 in 2018, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
- What is the highest real effective exchange rate recorded in Grenada?
- The highest recorded value was 112.48 in 2001.
- What is the lowest real effective exchange rate recorded in Grenada?
- The lowest recorded value was 93.63 in 2014.
- How does Grenada rank for real effective exchange rate?
- Grenada ranks 74th out of 107 countries with data for 2018.
- Is real effective exchange rate rising or falling in Grenada?
- Over the last ten years it is down 3.6%. The long-run trend across the full record is falling.
- Where does this Grenada data come from?
- The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Real Effective Exchange Rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.