Gross debt, General government, Percent of GDP in Grenada
Grenada: Gross debt, General government, Percent of GDP was 66.75 in 2031. ▲ Rising
Gross debt, General government, Percent of GDP in Grenada, 1991–2031
Source: International Monetary Fund.
Analysis
In 2031, gross debt, general government, percent of gdp in Grenada stood at 66.75.
That represents a change of down 4.2% on the previous year and down 22.9% over ten years.
Over the whole period, gross debt, general government, percent of gdp in Grenada peaked at 105.44 in 2013 and was at its lowest, 34.48, in 1999.
That places Grenada 14th out of 36 countries with data for 2031, putting it in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Gross debt, General government, Percent of GDP in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 42.03 | — |
| 1992 | 40.07 | -4.7% |
| 1993 | 45.28 | +13.0% |
| 1994 | 45.68 | +0.9% |
| 1995 | 43.08 | -5.7% |
| 1996 | 43.87 | +1.8% |
| 1997 | 41.43 | -5.6% |
| 1998 | 40.27 | -2.8% |
| 1999 | 34.48 | -14.4% |
| 2000 | 41.63 | +20.7% |
| 2001 | 44.61 | +7.2% |
| 2002 | 79.09 | +77.3% |
| 2003 | 79.56 | +0.6% |
| 2004 | 94.69 | +19.0% |
| 2005 | 87.31 | -7.8% |
| 2006 | 92.92 | +6.4% |
| 2007 | 89.06 | -4.2% |
| 2008 | 83.91 | -5.8% |
| 2009 | 91.09 | +8.6% |
| 2010 | 96.22 | +5.6% |
| 2011 | 102.78 | +6.8% |
| 2012 | 101.5 | -1.2% |
| 2013 | 105.44 | +3.9% |
| 2014 | 99.34 | -5.8% |
| 2015 | 90.1 | -9.3% |
| 2016 | 81.57 | -9.5% |
| 2017 | 70.33 | -13.8% |
| 2018 | 68.54 | -2.5% |
| 2019 | 62.7 | -8.5% |
| 2020 | 89.49 | +42.7% |
| 2021 | 86.6 | -3.2% |
| 2022 | 79.27 | -8.5% |
| 2023 | 74.55 | -6.0% |
| 2024 | 75.08 | +0.7% |
| 2025 | 71.62 | -4.6% |
| 2026 | 68.99 | -3.7% |
| 2027 | 69.48 | +0.7% |
| 2028 | 69.77 | +0.4% |
| 2029 | 69.89 | +0.2% |
| 2030 | 69.67 | -0.3% |
| 2031 | 66.75 | -4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 41.8 | 34.48 | 45.68 | 9 |
| 2000s | 78.39 | 41.63 | 94.69 | 10 |
| 2010s | 87.85 | 62.7 | 105.44 | 10 |
| 2020s | 75.47 | 68.99 | 89.49 | 10 |
| 2030s | 68.21 | 66.75 | 69.67 | 2 |
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 gross debt, general government, percent of gdp in Grenada?
- Gross debt, general government, percent of gdp in Grenada was 66.75 in 2031, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of gdp recorded in Grenada?
- The highest recorded value was 105.44 in 2013.
- What is the lowest gross debt, general government, percent of gdp recorded in Grenada?
- The lowest recorded value was 34.48 in 1999.
- How does Grenada rank for gross debt, general government, percent of gdp?
- Grenada ranks 14th out of 36 countries with data for 2031.
- Is gross debt, general government, percent of gdp rising or falling in Grenada?
- Over the last ten years it is down 22.9%. The long-run trend across the full record is rising.
- Where does this Grenada data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
The WHD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in the Western Hemisphere. Data for the Western Hemisphere REO are prepared in conjunction and are consistent with the semi-annual World Economic Outlook (WEO) exercises. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.