Debt service as a share of exports of good and services in Grenada
Grenada: Debt service as a share of exports of good and services was 6.2% in 2023. ▼ Falling
Debt service as a share of exports of good and services in Grenada, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for debt service as a share of exports of good and services in Grenada is 6.2%, measured in 2023.
The figure is down 11.6% on the previous year and up 21.2% over ten years.
Over the whole period, debt service as a share of exports of good and services in Grenada peaked at 13.8% in 2003 and was at its lowest, 3.4%, in 2012.
That places Grenada 72nd out of 116 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Debt service as a share of exports of good and services in Grenada, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 5.7% | — |
| 2001 | 7.5% | +31.7% |
| 2002 | 13.8% | +84.5% |
| 2003 | 13.8% | +0.4% |
| 2004 | 13.1% | -5.0% |
| 2005 | 4.5% | -65.9% |
| 2006 | 6.3% | +40.0% |
| 2007 | 5.5% | -12.1% |
| 2008 | 5.7% | +3.4% |
| 2009 | 6.4% | +12.6% |
| 2010 | 7.3% | +13.2% |
| 2011 | 6.5% | -10.5% |
| 2012 | 3.4% | -47.2% |
| 2013 | 5.1% | +48.0% |
| 2014 | 4.2% | -17.3% |
| 2015 | 5.1% | +21.1% |
| 2016 | 9.6% | +88.8% |
| 2017 | 10.0% | +3.6% |
| 2018 | 8.8% | -11.8% |
| 2019 | 8.0% | -9.2% |
| 2020 | 10.4% | +30.5% |
| 2021 | 8.8% | -15.3% |
| 2022 | 7.0% | -21.0% |
| 2023 | 6.2% | -11.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.2% | 4.5% | 13.8% | 10 |
| 2010s | 6.8% | 3.4% | 10.0% | 10 |
| 2020s | 8.1% | 6.2% | 10.4% | 4 |
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)
- Agriculture, forestry, and fishing, value added (current LCU), annual -0.9003 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0686 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 830.2 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 4.5 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0246 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 297.64 constant 2015 US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant LCU) 4.5 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.0587 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is debt service as a share of exports of good and services in Grenada?
- Debt service as a share of exports of good and services in Grenada was 6.2% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest debt service as a share of exports of good and services recorded in Grenada?
- The highest recorded value was 13.8% in 2003.
- What is the lowest debt service as a share of exports of good and services recorded in Grenada?
- The lowest recorded value was 3.4% in 2012.
- How does Grenada rank for debt service as a share of exports of good and services?
- Grenada ranks 72nd out of 116 countries with data for 2023.
- Is debt service as a share of exports of good and services rising or falling in Grenada?
- Over the last ten years it is up 21.2%. The long-run trend across the full record is falling.
- Where does this Grenada data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Debt service as a share of exports of good and services. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Debt service as a proportion of exports of goods, services and primary income (%).