Annual broad money growth in Grenada
Grenada: Annual broad money growth was 8.4% in 2024. ◆ Volatile
Annual broad money growth in Grenada, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual broad money growth in Grenada stood at 8.4%.
Compared with earlier readings it is up 520.6% on the previous year and up 36.8% over ten years.
Over the whole period, annual broad money growth in Grenada peaked at 20.2% in 2004 and was at its lowest, -6.2%, in 2005.
That places Grenada 85th out of 164 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual broad money growth in Grenada, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 13.8% | — |
| 2001 | 11.0% | -20.1% |
| 2002 | 10.5% | -4.4% |
| 2003 | 6.1% | -42.1% |
| 2004 | 20.2% | +231.5% |
| 2005 | -6.2% | -130.9% |
| 2006 | 2.3% | -136.6% |
| 2007 | 12.2% | +431.4% |
| 2008 | 5.1% | -58.2% |
| 2009 | 3.3% | -34.4% |
| 2010 | 3.1% | -5.7% |
| 2011 | 0.4% | -88.6% |
| 2012 | -5.0% | -1486.1% |
| 2013 | 3.8% | -175.6% |
| 2014 | 6.2% | +63.7% |
| 2015 | 7.3% | +18.6% |
| 2016 | 4.5% | -38.8% |
| 2017 | 3.1% | -31.0% |
| 2018 | 9.2% | +199.4% |
| 2019 | -2.0% | -121.9% |
| 2020 | -1.2% | -40.4% |
| 2021 | 8.5% | -802.5% |
| 2022 | 9.9% | +16.4% |
| 2023 | 1.4% | -86.2% |
| 2024 | 8.4% | +520.6% |
Grenada compared with similar countries
- Grenada's 8.4% is below the median for upper middle income countries, which is 8.7%, 97% of the median. (54 countries reporting)
- Grenada's 8.4% is below the median for Latin America & Caribbean, which is 9.4%, 90% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Annual broad money growth 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 |
|---|---|---|---|
| 2012 | -1486.1% | 0.4% | -5.0% |
| 2021 | +802.5% | -1.2% | 8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.8% | -6.2% | 20.2% | 10 |
| 2010s | 3.1% | -5.0% | 9.2% | 10 |
| 2020s | 5.4% | -1.2% | 9.9% | 5 |
Countries ranked near Grenada
More economy & growth data for Grenada
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.29 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.71 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -3.62 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0025 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -30.86 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 170.66 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 4.11 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1202 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,455 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -3.57 % change on previous year (2025)
Frequently asked questions
- What is annual broad money growth in Grenada?
- Annual broad money growth in Grenada was 8.4% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest annual broad money growth recorded in Grenada?
- The highest recorded value was 20.2% in 2004.
- What is the lowest annual broad money growth recorded in Grenada?
- The lowest recorded value was -6.2% in 2005.
- How does Grenada rank for annual broad money growth?
- Grenada ranks 85th out of 164 countries with data for 2024.
- Is annual broad money growth rising or falling in Grenada?
- Over the last ten years it is up 36.8%. The long-run trend across the full record is volatile.
- Where does this Grenada data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Annual broad money growth. Statizoid updates them automatically from the source API.
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About this data
Annual broad money growth (%).