Dominica vs Grenada: Financial system deposits to GDP

Dominica
90.1%
in 2021
Grenada
89.0%
in 2021
Dominica rank
44th
Grenada rank
45th

Financial system deposits to GDP over time

  • Dominica
  • Grenada
20406080100120197719992021

How they compare

Dominica currently reports 90.1% against 89.0% in Grenada, a difference of 1.1%.

The two have swapped places 9 times across 45 shared years of data; in 1977 it was Grenada ahead.

Dominica ranks 44th and Grenada ranks 45th of 185 countries.

Across the 6 decades both report, Dominica averaged higher in 4 and Grenada in 2.

Head to head by decade

Decade Dominica Grenada Difference Ahead
1970s 37.2% 35.9% 1.3% Dominica
1980s 38.1% 35.5% 2.6% Dominica
1990s 52.4% 56.7% 4.3% Grenada
2000s 69.4% 84.7% 15.3% Grenada
2010s 94.9% 84.5% 10.4% Dominica
2020s 92.9% 89.5% 3.5% Dominica

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial system deposits to gdp, Dominica or Grenada?
Dominica, at 90.1% against 89.0% in Grenada as of 2021.
What is the difference in financial system deposits to gdp between Dominica and Grenada?
1.1%, with Dominica ahead.
How many years of comparable data are there for Dominica and Grenada?
45 years are reported by both, from 1977 to 2021.
How do Dominica and Grenada rank globally for financial system deposits to gdp?
Dominica ranks 44th and Grenada ranks 45th of 185 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Financial system deposits to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Dominica vs Grenada: Financial system deposits to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 03 September 2026, from https://financial-sector.statizoid.com/compare/financial-system-deposits-to-gdp-percent/dominica/grenada/

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About this data

Indicator
Financial system deposits to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 8,595 data points, 1960–2021
Last refreshed

Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).