St. Vincent and the Grenadines's GDP deflator measures changes in prices across the domestic economy and shows how economy-wide inflation has developed over time.
Economy-wide inflation in St. Vincent and the Grenadines, measured by the GDP deflator, was 3.7% in 2024, up from 2.9% in 2023.
The GDP deflator stood at 123.5, changing by +21.7% over five years and +27.2% over ten years.
Real GDP growth was 3.4% in 2025.
In the common comparison year 2024, St. Vincent and the Grenadines recorded the 115th-highest GDP deflator inflation rate among 213 economies with available data.
St. Vincent and the Grenadines GDP Deflator and Inflation by Year
Data source: World Bank, World Development Indicators — GDP deflator (NY.GDP.DEFL.ZS); Inflation, GDP deflator, annual % (NY.GDP.DEFL.KD.ZG); GDP growth, annual % (NY.GDP.MKTP.KD.ZG).
License: CC BY-4.0. Retrieved 2026-07-12.
About the Indicators
GDP deflator. The ratio of GDP in current local-currency prices to GDP in constant local-currency prices, expressed as an index. Unlike the CPI, it covers price changes across everything produced domestically, not just goods and services bought by households.
Inflation, GDP deflator, annual %. The annual growth rate of the GDP deflator, capturing economy-wide inflation across all domestically produced goods and services rather than just consumer purchases.
GDP growth, annual %. The annual percentage change in gross domestic product measured at constant prices, the standard indicator of real economic growth after removing the effect of inflation.