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Inflation Rate in Saint Vincent and the Grenadines

#111 of 179 in the Inflation Rate progress rankings

Measured as the annual percentage rise in general prices, the Inflation Rate reveals how rapidly costs for goods and services are increasing. It signals changes in purchasing power and economic balance, assisting policy makers in assessing stability (lower is better).

Latest (2024)
3.6 %
Year-over-year
-0.9 %
Change since start (1975→2024)
-3.2 %

Key insights

  • From 1975 to 2024, Inflation Rate changed by -3.2 %.
  • Most recent year-over-year change (2023→2024): -0.9 %.
  • Lowest level: -1.7 % in 2015.
  • Highest level: 17.2 % in 1980.

Inflation Rate Chart (1975–2024)

*Average based on available data from 193 UN member countries

Inflation Rate Table (1975–2024)

Inflation Rate — Saint Vincent and the Grenadines
Year Inflation Rate
1975 6.8 %
1976 11.3 %
1977 10.2 %
1978 8.4 %
1979 15.6 %
1980 17.2 %
1981 12.7 %
1982 7.2 %
1983 5.5 %
1984 2.7 %
1985 2.1 %
1986 1.0 %
1987 3.3 %
1988 0.2 %
1989 2.8 %
1990 7.6 %
1991 5.5 %
1992 3.5 %
1993 4.3 %
1994 1.0 %
1995 1.7 %
1996 4.4 %
1997 0.4 %
1998 2.1 %
1999 1.0 %
2000 0.2 %
2001 0.9 %
2002 1.9 %
2003 0.2 %
2004 3.0 %
2005 3.7 %
2006 2.7 %
2007 7.2 %
2008 10.1 %
2009 0.4 %
2010 0.8 %
2011 3.2 %
2012 2.6 %
2013 0.8 %
2014 0.2 %
2015 -1.7 %
2016 -0.2 %
2017 2.2 %
2018 2.3 %
2019 0.9 %
2020 -0.6 %
2021 1.6 %
2022 5.7 %
2023 4.6 %
2024 3.6 %

Source: World Bank