Financial account balance (assets less liabilities), Net (net) in Grenada
Grenada: Financial account balance (assets less liabilities), Net (net) was -62.95 million in 2024. ◆ Volatile
Financial account balance (assets less liabilities), Net (net) in Grenada, 2005–2024
Source: International Monetary Fund.
Analysis
Grenada recorded -62.95 million for financial account balance (assets less liabilities), net (net) in 2024.
Compared with earlier readings it is up 66.9% on the previous year and down 58.2% over ten years.
Over the whole period, financial account balance (assets less liabilities), net (net) in Grenada peaked at -25.87 million in 2016 and was at its lowest, -242.97 million, in 2006.
Grenada ranks 96th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Financial account balance (assets less liabilities), Net (net) in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -201.91 million | — |
| 2006 | -242.97 million | +20.3% |
| 2007 | -185.16 million | -23.8% |
| 2008 | -209.11 million | +12.9% |
| 2009 | -114.25 million | -45.4% |
| 2010 | -126.00 million | +10.3% |
| 2011 | -105.07 million | -16.6% |
| 2012 | -65.08 million | -38.1% |
| 2013 | -153.67 million | +136.1% |
| 2014 | -39.80 million | -74.1% |
| 2015 | -56.22 million | +41.2% |
| 2016 | -25.87 million | -54.0% |
| 2017 | -60.45 million | +133.7% |
| 2018 | -64.97 million | +7.5% |
| 2019 | -64.98 million | +0.0% |
| 2020 | -74.81 million | +15.1% |
| 2021 | -116.54 million | +55.8% |
| 2022 | -89.10 million | -23.5% |
| 2023 | -190.24 million | +113.5% |
| 2024 | -62.95 million | -66.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -190.68 million | -242.97 million | -114.25 million | 5 |
| 2010s | -76.21 million | -153.67 million | -25.87 million | 10 |
| 2020s | -106.73 million | -190.24 million | -62.95 million | 5 |
Countries ranked near Grenada
- 93 Kiribati -38.03 million compare
- 94 Saint Lucia -41.38 million compare
- 95 Vanuatu -56.81 million compare
- 97 Belize -71.53 million compare
- 98 Antigua and Barbuda -150.06 million compare
- 99 Guinea-Bissau -150.77 million compare
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 financial account balance (assets less liabilities), net (net) in Grenada?
- Financial account balance (assets less liabilities), net (net) in Grenada was -62.95 million in 2024, according to International Monetary Fund.
- What is the highest financial account balance (assets less liabilities), net (net) recorded in Grenada?
- The highest recorded value was -25.87 million in 2016.
- What is the lowest financial account balance (assets less liabilities), net (net) recorded in Grenada?
- The lowest recorded value was -242.97 million in 2006.
- How does Grenada rank for financial account balance (assets less liabilities), net (net)?
- Grenada ranks 96th out of 197 countries with data for 2024.
- Is financial account balance (assets less liabilities), net (net) rising or falling in Grenada?
- Over the last ten years it is down 58.2%. The long-run trend across the full record is volatile.
- Where does this Grenada data come from?
- The figures come from International Monetary Fund, published as part of Financial account balance (assets less liabilities), Net (net acquisition of financial assets less net incurrence of liabilities), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.