Public and publicly guaranteed debt service (% of exports of goods) in Grenada
Grenada: Public and publicly guaranteed debt service (% of exports of goods) was 4.4% in 2024. ▲ Rising
Public and publicly guaranteed debt service in Grenada, 1977–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Grenada recorded 4.4% for public and publicly guaranteed debt service in 2024.
Compared with earlier readings it is down 21.6% on the previous year and up 21.3% over ten years.
Over the whole period, public and publicly guaranteed debt service in Grenada peaked at 13.8% in 2003 and was at its lowest, 1.7%, in 1979.
That places Grenada 84th out of 120 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 48 years of available data.
Public and publicly guaranteed debt service (% of exports of goods) in Grenada, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1977 | 2.1% | — |
| 1978 | 3.3% | +55.8% |
| 1979 | 1.7% | -49.8% |
| 1980 | 3.5% | +110.9% |
| 1981 | 2.5% | -28.5% |
| 1982 | 3.4% | +33.8% |
| 1983 | 10.4% | +207.2% |
| 1984 | 8.5% | -17.8% |
| 1985 | 6.2% | -27.5% |
| 1986 | 5.5% | -10.7% |
| 1987 | 6.0% | +9.3% |
| 1988 | 6.8% | +12.4% |
| 1989 | 4.0% | -41.4% |
| 1990 | 3.4% | -13.5% |
| 1991 | 3.6% | +4.8% |
| 1992 | 5.9% | +65.2% |
| 1993 | 6.8% | +14.5% |
| 1994 | 6.2% | -8.2% |
| 1995 | 5.8% | -7.0% |
| 1996 | 5.5% | -4.6% |
| 1997 | 4.8% | -13.0% |
| 1998 | 5.7% | +18.6% |
| 1999 | 4.3% | -24.5% |
| 2000 | 5.6% | +30.8% |
| 2001 | 7.5% | +32.2% |
| 2002 | 13.8% | +84.6% |
| 2003 | 13.8% | +0.2% |
| 2004 | 13.1% | -5.3% |
| 2005 | 4.3% | -66.9% |
| 2006 | 5.4% | +24.0% |
| 2007 | 4.7% | -12.3% |
| 2008 | 4.8% | +2.6% |
| 2009 | 5.7% | +18.8% |
| 2010 | 7.3% | +26.6% |
| 2011 | 6.4% | -11.2% |
| 2012 | 3.3% | -48.3% |
| 2013 | 5.0% | +49.4% |
| 2014 | 3.7% | -26.4% |
| 2015 | 4.2% | +16.0% |
| 2016 | 8.7% | +104.8% |
| 2017 | 9.2% | +5.5% |
| 2018 | 8.0% | -12.4% |
| 2019 | 7.6% | -5.8% |
| 2020 | 10.0% | +32.3% |
| 2021 | 9.7% | -3.7% |
| 2022 | 6.5% | -33.2% |
| 2023 | 5.7% | -12.2% |
| 2024 | 4.4% | -21.6% |
Grenada compared with similar countries
- Grenada's 4.4% is below the median for upper middle income countries, which is 7.4%, 60% of the median. (51 countries reporting)
- Grenada's 4.4% is below the median for Latin America & Caribbean, which is 9.7%, 46% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Public and publicly guaranteed debt service (% of exports of goods) in Grenada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1983 | +207.2% | 3.4% | 10.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.4% | 1.7% | 3.3% | 3 |
| 1980s | 5.7% | 2.5% | 10.4% | 10 |
| 1990s | 5.2% | 3.4% | 6.8% | 10 |
| 2000s | 7.9% | 4.3% | 13.8% | 10 |
| 2010s | 6.3% | 3.3% | 9.2% | 10 |
| 2020s | 7.2% | 4.4% | 10.0% | 5 |
Countries ranked near Grenada
More external debt data for Grenada
- Net financial flows, IBRD -300,000 NFL, current US$ (2025)
- 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)
- 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, IDA (NFL, current US$), per square kilometre 104,350 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 58.67 million DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 823.70 million DOD, current US$ (2025)
- External debt stocks, long-term 823.70 million DOD, current US$ (2025)
Frequently asked questions
- What is public and publicly guaranteed debt service in Grenada?
- Public and publicly guaranteed debt service in Grenada was 4.4% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Grenada?
- The highest recorded value was 13.8% in 2003.
- What is the lowest public and publicly guaranteed debt service recorded in Grenada?
- The lowest recorded value was 1.7% in 1979.
- How does Grenada rank for public and publicly guaranteed debt service?
- Grenada ranks 84th out of 120 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Grenada?
- Over the last ten years it is up 21.3%. 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 Public and publicly guaranteed debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to exports of goods, services, and income. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.