Short-term debt in Grenada
Grenada: Short-term debt was 3.7% in 2024. ◆ Volatile
Short-term debt in Grenada, 1977–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
Grenada recorded 3.7% for short-term debt in 2024. That is the lowest value across all 48 years on record.
The figure is down 72.9% on the previous year and down 92.0% over ten years.
Over the whole period, short-term debt in Grenada peaked at 160.6% in 1993 and was at its lowest, 3.7%, in 2024.
That places Grenada 93rd out of 111 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Grenada, year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1977 | 7.9% | — |
| 1978 | 8.1% | +3.1% |
| 1979 | 16.4% | +101.5% |
| 1980 | 7.7% | -52.7% |
| 1981 | 12.4% | +60.4% |
| 1982 | 21.7% | +74.4% |
| 1983 | 17.8% | -17.6% |
| 1984 | 12.9% | -27.8% |
| 1985 | 7.9% | -38.6% |
| 1986 | 10.9% | +37.0% |
| 1987 | 14.8% | +36.8% |
| 1988 | 56.8% | +282.4% |
| 1989 | 68.4% | +20.4% |
| 1990 | 73.1% | +7.0% |
| 1991 | 78.1% | +6.8% |
| 1992 | 44.4% | -43.2% |
| 1993 | 160.6% | +261.8% |
| 1994 | 50.0% | -68.9% |
| 1995 | 39.8% | -20.3% |
| 1996 | 58.3% | +46.3% |
| 1997 | 18.7% | -67.9% |
| 1998 | 136.9% | +631.8% |
| 1999 | 46.5% | -66.0% |
| 2000 | 30.4% | -34.6% |
| 2001 | 77.8% | +155.7% |
| 2002 | 86.4% | +11.1% |
| 2003 | 76.0% | -12.1% |
| 2004 | 59.4% | -21.8% |
| 2005 | 7.8% | -86.9% |
| 2006 | 32.8% | +321.1% |
| 2007 | 40.7% | +23.8% |
| 2008 | 61.0% | +49.9% |
| 2009 | 29.7% | -51.3% |
| 2010 | 31.5% | +6.3% |
| 2011 | 13.1% | -58.4% |
| 2012 | 59.3% | +352.1% |
| 2013 | 30.8% | -48.0% |
| 2014 | 46.5% | +50.7% |
| 2015 | 9.6% | -79.4% |
| 2016 | 12.9% | +34.4% |
| 2017 | 11.1% | -14.2% |
| 2018 | 7.2% | -35.3% |
| 2019 | 5.9% | -18.1% |
| 2020 | 34.8% | +494.4% |
| 2021 | 34.5% | -0.8% |
| 2022 | 17.4% | -49.6% |
| 2023 | 13.7% | -21.4% |
| 2024 | 3.7% | -72.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.8% | 7.9% | 16.4% | 3 |
| 1980s | 23.1% | 7.7% | 68.4% | 10 |
| 1990s | 70.6% | 18.7% | 160.6% | 10 |
| 2000s | 50.2% | 7.8% | 86.4% | 10 |
| 2010s | 22.8% | 5.9% | 59.3% | 10 |
| 2020s | 20.8% | 3.7% | 34.8% | 5 |
Countries ranked near Grenada
- 90 Afghanistan 4.5% compare
- 91 Solomon Islands 4.3% compare
- 92 Botswana 4.2% compare
- 94 Madagascar 3.6% compare
- 95 Serbia 3.3% compare
- 96 Papua New Guinea 3.3% compare
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)
- GDP (current US$), annual growth rate 5.1 % change on previous year (2025)
- GDP (current US$), per capita 12,107 current US$ per person (2025)
- GDP (current LCU), annual growth rate 5.1 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 2.7 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 32,689 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.41 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8654 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 10,477 constant 2015 US$ per person (2025)
Frequently asked questions
- What is short-term debt in Grenada?
- Short-term debt in Grenada was 3.7% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Grenada?
- The highest recorded value was 160.6% in 1993.
- What is the lowest short-term debt recorded in Grenada?
- The lowest recorded value was 3.7% in 2024.
- How does Grenada rank for short-term debt?
- Grenada ranks 93rd out of 111 countries with data for 2024.
- Is short-term debt rising or falling in Grenada?
- Over the last ten years it is down 92.0%. The long-run trend across the full record is volatile.
- Where does this Grenada data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.