Debt service (PPG and IMF only, % of exports of goods, services and) in Grenada
Grenada: Debt service (PPG and IMF only, % of exports of goods, services and) was 5.0% in 2024. ▲ Rising
Debt service (PPG and IMF only, % of exports of goods, services and) in Grenada, 1977–2024
Source: International Debt Statistics, World Bank (WB).
Analysis
In 2024, debt service (ppg and imf only, % of exports of goods, services and) in Grenada stood at 5.0%.
Compared with earlier readings it is down 19.6% on the previous year and up 19.6% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in Grenada peaked at 13.8% in 2003 and was at its lowest, 2.1%, in 1977.
That places Grenada 85th out of 118 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Debt service (PPG and IMF only, % of exports of goods, services and) in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 1977 | 2.1% | — |
| 1978 | 3.3% | +56.0% |
| 1979 | 4.8% | +44.3% |
| 1980 | 5.5% | +14.9% |
| 1981 | 3.2% | -41.3% |
| 1982 | 6.7% | +105.7% |
| 1983 | 11.3% | +70.1% |
| 1984 | 12.0% | +5.9% |
| 1985 | 11.4% | -5.1% |
| 1986 | 8.3% | -26.9% |
| 1987 | 7.2% | -13.0% |
| 1988 | 7.8% | +7.9% |
| 1989 | 4.8% | -38.9% |
| 1990 | 3.9% | -17.2% |
| 1991 | 3.6% | -8.6% |
| 1999 | 4.3% | +20.2% |
| 2000 | 5.7% | +30.7% |
| 2001 | 7.5% | +31.9% |
| 2002 | 13.8% | +84.5% |
| 2003 | 13.8% | +0.3% |
| 2004 | 13.1% | -5.0% |
| 2005 | 4.5% | -65.9% |
| 2006 | 6.3% | +39.9% |
| 2007 | 5.5% | -12.1% |
| 2008 | 5.7% | +3.4% |
| 2009 | 6.4% | +12.5% |
| 2010 | 7.3% | +13.3% |
| 2011 | 6.5% | -10.4% |
| 2012 | 3.4% | -47.1% |
| 2013 | 5.1% | +47.7% |
| 2014 | 4.2% | -17.2% |
| 2015 | 5.1% | +21.3% |
| 2016 | 9.6% | +88.6% |
| 2017 | 10.0% | +3.7% |
| 2018 | 8.8% | -11.7% |
| 2019 | 8.0% | -9.2% |
| 2020 | 10.5% | +30.7% |
| 2021 | 10.1% | -3.2% |
| 2022 | 7.0% | -30.9% |
| 2023 | 6.3% | -10.4% |
| 2024 | 5.0% | -19.6% |
Grenada compared with similar countries
- Grenada's 5.0% is below the median for upper middle income countries, which is 7.8%, 64% of the median. (50 countries reporting)
- Grenada's 5.0% is below the median for Latin America & Caribbean, which is 10.0%, 50% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.4% | 2.1% | 4.8% | 3 |
| 1980s | 7.8% | 3.2% | 12.0% | 10 |
| 1990s | 4.0% | 3.6% | 4.3% | 3 |
| 2000s | 8.2% | 4.5% | 13.8% | 10 |
| 2010s | 6.8% | 3.4% | 10.0% | 10 |
| 2020s | 7.8% | 5.0% | 10.5% | 5 |
Countries ranked near Grenada
More external debt data for Grenada
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 0 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 3.0% (2024)
- Net financial flows, IDA 26.48 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 225.88 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0196 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 3,000 NFL, current US$ (2024)
- Public and publicly guaranteed debt service 4.4% (2024)
Frequently asked questions
- What is debt service (ppg and imf only, % of exports of goods, services and) in Grenada?
- Debt service (ppg and imf only, % of exports of goods, services and) in Grenada was 5.0% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service (ppg and imf only, % of exports of goods, services and) recorded in Grenada?
- The highest recorded value was 13.8% in 2003.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in Grenada?
- The lowest recorded value was 2.1% in 1977.
- How does Grenada rank for debt service (ppg and imf only, % of exports of goods, services and)?
- Grenada ranks 85th out of 118 countries with data for 2024.
- Is debt service (ppg and imf only, % of exports of goods, services and) rising or falling in Grenada?
- Over the last ten years it is up 19.6%. The long-run trend across the full record is rising.
- Where does this Grenada data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service (PPG and IMF only, % of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. This series differs from the standard debt to exports series in that it covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF.