Public and publicly guaranteed debt service in Grenada
Grenada: Public and publicly guaranteed debt service was 3.0% in 2024. ▲ Rising
Public and publicly guaranteed debt service in Grenada, 1977–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for public and publicly guaranteed debt service in Grenada is 3.0%, measured in 2024.
That represents a change of down 26.1% on the previous year and up 37.2% over ten years.
Over the whole period, public and publicly guaranteed debt service in Grenada peaked at 5.6% in 2003 and was at its lowest, 0.7%, in 1979.
Grenada ranks 42nd of 123 countries on this measure, 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 in Grenada, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1977 | 0.9% | — |
| 1978 | 1.3% | +45.1% |
| 1979 | 0.7% | -46.6% |
| 1980 | 1.3% | +84.5% |
| 1981 | 0.9% | -30.0% |
| 1982 | 1.1% | +21.1% |
| 1983 | 3.2% | +199.8% |
| 1984 | 2.5% | -22.6% |
| 1985 | 2.1% | -17.3% |
| 1986 | 2.3% | +13.1% |
| 1987 | 2.4% | +1.1% |
| 1988 | 2.6% | +11.0% |
| 1989 | 1.4% | -48.4% |
| 1990 | 1.2% | -8.8% |
| 1991 | 1.2% | -0.2% |
| 1992 | 2.0% | +63.3% |
| 1993 | 2.6% | +27.2% |
| 1994 | 2.6% | +0.8% |
| 1995 | 2.3% | -11.7% |
| 1996 | 2.1% | -5.5% |
| 1997 | 1.8% | -14.1% |
| 1998 | 2.3% | +24.5% |
| 1999 | 2.1% | -8.3% |
| 2000 | 2.8% | +32.1% |
| 2001 | 3.3% | +20.0% |
| 2002 | 5.5% | +66.3% |
| 2003 | 5.6% | +0.8% |
| 2004 | 5.1% | -8.3% |
| 2005 | 1.3% | -73.8% |
| 2006 | 1.8% | +35.2% |
| 2007 | 2.1% | +17.4% |
| 2008 | 2.2% | +1.4% |
| 2009 | 2.8% | +30.3% |
| 2010 | 3.5% | +24.1% |
| 2011 | 3.3% | -5.8% |
| 2012 | 1.8% | -44.1% |
| 2013 | 2.7% | +46.4% |
| 2014 | 2.2% | -19.3% |
| 2015 | 2.5% | +16.2% |
| 2016 | 4.9% | +91.7% |
| 2017 | 5.4% | +12.0% |
| 2018 | 4.9% | -10.4% |
| 2019 | 4.7% | -2.7% |
| 2020 | 4.6% | -2.4% |
| 2021 | 5.2% | +13.3% |
| 2022 | 4.1% | -21.2% |
| 2023 | 4.0% | -2.1% |
| 2024 | 3.0% | -26.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.0% | 0.7% | 1.3% | 3 |
| 1980s | 2.0% | 0.9% | 3.2% | 10 |
| 1990s | 2.0% | 1.2% | 2.6% | 10 |
| 2000s | 3.3% | 1.3% | 5.6% | 10 |
| 2010s | 3.6% | 1.8% | 5.4% | 10 |
| 2020s | 4.2% | 3.0% | 5.2% | 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)
- 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)
- Net financial flows, IDA (NFL, current US$), per square kilometre 104,350 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is public and publicly guaranteed debt service in Grenada?
- Public and publicly guaranteed debt service in Grenada was 3.0% 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 5.6% in 2003.
- What is the lowest public and publicly guaranteed debt service recorded in Grenada?
- The lowest recorded value was 0.7% in 1979.
- How does Grenada rank for public and publicly guaranteed debt service?
- Grenada ranks 42nd out of 123 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 37.2%. 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 GNI). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to gross national 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. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.