Bank credit to bank deposits in Grenada
Grenada: Bank credit to bank deposits was 64.4% in 2021. ▬ Flat
Bank credit to bank deposits in Grenada, 1977–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Grenada recorded 64.4% for bank credit to bank deposits in 2021.
The figure is down 3.9% on the previous year and down 28.9% over ten years.
Over the whole period, bank credit to bank deposits in Grenada peaked at 96.1% in 2012 and was at its lowest, 61.3%, in 2018.
That places Grenada 126th out of 186 countries with data for 2021, putting it in the middle of the range.
Bank credit to bank deposits in Grenada, year by year
| Year | % | Change |
|---|---|---|
| 1977 | 70.1% | — |
| 1978 | 70.4% | +0.5% |
| 1979 | 67.8% | -3.7% |
| 1980 | 73.5% | +8.5% |
| 1981 | 72.4% | -1.5% |
| 1982 | 73.9% | +2.0% |
| 1983 | 72.1% | -2.4% |
| 1984 | 63.6% | -11.9% |
| 1985 | 72.1% | +13.4% |
| 1986 | 77.5% | +7.5% |
| 1987 | 85.6% | +10.5% |
| 1988 | 77.3% | -9.7% |
| 1989 | 91.1% | +17.9% |
| 1990 | 83.4% | -8.4% |
| 1991 | 84.2% | +0.8% |
| 1992 | 87.4% | +3.8% |
| 1993 | 90.8% | +4.0% |
| 1994 | 81.1% | -10.7% |
| 1995 | 76.8% | -5.3% |
| 1996 | 78.3% | +2.0% |
| 1997 | 84.4% | +7.8% |
| 1998 | 87.4% | +3.5% |
| 1999 | 85.3% | -2.4% |
| 2000 | 85.6% | +0.3% |
| 2001 | 77.2% | -9.8% |
| 2002 | 70.5% | -8.7% |
| 2003 | 69.4% | -1.6% |
| 2004 | 61.7% | -11.1% |
| 2005 | 72.3% | +17.2% |
| 2006 | 79.3% | +9.7% |
| 2007 | 81.0% | +2.1% |
| 2008 | 85.0% | +5.0% |
| 2009 | 87.0% | +2.3% |
| 2010 | 88.7% | +2.0% |
| 2011 | 90.6% | +2.2% |
| 2012 | 96.1% | +6.0% |
| 2013 | 87.4% | -9.0% |
| 2014 | 78.2% | -10.5% |
| 2015 | 70.0% | -10.5% |
| 2016 | 66.9% | -4.6% |
| 2017 | 65.7% | -1.8% |
| 2018 | 61.3% | -6.7% |
| 2019 | 63.6% | +3.8% |
| 2020 | 67.0% | +5.3% |
| 2021 | 64.4% | -3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 69.4% | 67.8% | 70.4% | 3 |
| 1980s | 75.9% | 63.6% | 91.1% | 10 |
| 1990s | 83.9% | 76.8% | 90.8% | 10 |
| 2000s | 76.9% | 61.7% | 87.0% | 10 |
| 2010s | 76.8% | 61.3% | 96.1% | 10 |
| 2020s | 65.7% | 64.4% | 67.0% | 2 |
Countries ranked near Grenada
- 123 Ukraine 64.5% compare
- 124 Hong Kong, China 64.5% compare
- 125 Cape Verde 64.4% compare
- 127 Republic of Moldova 64.3% compare
- 128 Philippines 64.2% compare
- 129 Lithuania 64.2% compare
More financial sector data for Grenada
- Net domestic credit (current LCU), per capita 13,150 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 1.09 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 30.78 % change on previous year (2025)
- Reserves excluding gold, foreign exchange 294.62 million SDR (2025)
- Reserves excluding gold 298.03 million SDR (2025)
- Total reserves (gold at market value) 298.03 million SDR (2025)
- Total reserves (gold at national valuation) 298.03 million SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,541 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate -8.17 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 2,541 SDR per person (2025)
Frequently asked questions
- What is bank credit to bank deposits in Grenada?
- Bank credit to bank deposits in Grenada was 64.4% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Grenada?
- The highest recorded value was 96.1% in 2012.
- What is the lowest bank credit to bank deposits recorded in Grenada?
- The lowest recorded value was 61.3% in 2018.
- How does Grenada rank for bank credit to bank deposits?
- Grenada ranks 126th out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Grenada?
- Over the last ten years it is down 28.9%. The long-run trend across the full record is flat.
- Where does this Grenada data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).