Grenada vs Panama: Lending interest rate
Grenada
6.9%
in 2025
Panama
6.9%
in 2022
Grenada rank
94th
Panama rank
92nd
Lending interest rate over time
- Grenada
- Panama
How they compare
Panama currently reports 6.9% against 6.9% in Grenada, a difference of 0.0%.
The two have swapped places 4 times across 27 shared years of data; in 1996 it was Panama ahead.
Grenada ranks 94th and Panama ranks 92nd of 148 countries.
Across the 4 decades both report, Grenada averaged higher in 3 and Panama in 1.
Head to head by decade
| Decade | Grenada | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 11.1% | 10.9% | 0.3% | Grenada |
| 2000s | 10.6% | 9.2% | 1.3% | Grenada |
| 2010s | 9.1% | 7.1% | 2.0% | Grenada |
| 2020s | 6.6% | 7.0% | 0.3% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher lending interest rate, Grenada or Panama?
- Panama, at 6.9% against 6.9% in Grenada as of 2022.
- What is the difference in lending interest rate between Grenada and Panama?
- 0.0%, with Panama ahead.
- How many years of comparable data are there for Grenada and Panama?
- 27 years are reported by both, from 1996 to 2022.
- How do Grenada and Panama rank globally for lending interest rate?
- Grenada ranks 94th and Panama ranks 92nd of 148 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Lending interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.