Banking crisis dummy in Grenada
Grenada: Banking crisis dummy was 0 1=banking crisis, 0=none in 2017. ▬ Flat
Banking crisis dummy in Grenada, 1970–2017
Source: Luc Laeven and Fabián Valencia, 2012. “Systemic Banking Crises Database: An Update”, IMF Working Paper WP/12/163. Measured in 1=banking crisis, 0=none.
Analysis
In 2017, banking crisis dummy in Grenada stood at 0 1=banking crisis, 0=none. That is the highest value across all 48 years on record.
Over the whole period, banking crisis dummy in Grenada peaked at 0 1=banking crisis, 0=none in 1970 and was at its lowest, 0 1=banking crisis, 0=none, in 1970.
Grenada ranks 4th of 211 countries on this measure, in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 1=banking crisis, 0=none | 0 1=banking crisis, 0=none | 0 1=banking crisis, 0=none | 10 |
| 1980s | 0 1=banking crisis, 0=none | 0 1=banking crisis, 0=none | 0 1=banking crisis, 0=none | 10 |
| 1990s | 0 1=banking crisis, 0=none | 0 1=banking crisis, 0=none | 0 1=banking crisis, 0=none | 10 |
| 2000s | 0 1=banking crisis, 0=none | 0 1=banking crisis, 0=none | 0 1=banking crisis, 0=none | 10 |
| 2010s | 0 1=banking crisis, 0=none | 0 1=banking crisis, 0=none | 0 1=banking crisis, 0=none | 8 |
Countries ranked near Grenada
- 1 Guinea-Bissau 1 1=banking crisis, 0=none compare
- 1 Moldova 1 1=banking crisis, 0=none compare
- 1 Ukraine 1 1=banking crisis, 0=none compare
- 4 Afghanistan 0 1=banking crisis, 0=none compare
- 4 Albania 0 1=banking crisis, 0=none compare
- 4 Algeria 0 1=banking crisis, 0=none compare
- 4 Andorra 0 1=banking crisis, 0=none compare
- 4 Angola 0 1=banking crisis, 0=none compare
- 4 Antigua and Barbuda 0 1=banking crisis, 0=none compare
- 4 Argentina 0 1=banking crisis, 0=none compare
- 4 Armenia 0 1=banking crisis, 0=none compare
- 4 Aruba 0 1=banking crisis, 0=none compare
- 4 Australia 0 1=banking crisis, 0=none compare
- 4 Austria 0 1=banking crisis, 0=none compare
- 4 Azerbaijan 0 1=banking crisis, 0=none compare
- 4 Bahamas 0 1=banking crisis, 0=none compare
- 4 Bahrain 0 1=banking crisis, 0=none compare
- 4 Bangladesh 0 1=banking crisis, 0=none compare
- 4 Barbados 0 1=banking crisis, 0=none compare
- 4 Belarus 0 1=banking crisis, 0=none compare
- 4 Belgium 0 1=banking crisis, 0=none compare
- 4 Belize 0 1=banking crisis, 0=none compare
- 4 Benin 0 1=banking crisis, 0=none compare
- 4 Bermuda 0 1=banking crisis, 0=none compare
- 4 Bhutan 0 1=banking crisis, 0=none compare
- 4 Bolivia 0 1=banking crisis, 0=none compare
- 4 Bosnia and Herzegovina 0 1=banking crisis, 0=none compare
- 4 Botswana 0 1=banking crisis, 0=none compare
- 4 Brazil 0 1=banking crisis, 0=none compare
- 4 Brunei 0 1=banking crisis, 0=none compare
- 4 Bulgaria 0 1=banking crisis, 0=none compare
- 4 Burkina Faso 0 1=banking crisis, 0=none compare
- 4 Burundi 0 1=banking crisis, 0=none compare
- 4 Cape Verde 0 1=banking crisis, 0=none compare
- 4 Cambodia 0 1=banking crisis, 0=none compare
- 4 Cameroon 0 1=banking crisis, 0=none compare
- 4 Canada 0 1=banking crisis, 0=none compare
- 4 Cayman Islands 0 1=banking crisis, 0=none compare
- 4 Central African Republic 0 1=banking crisis, 0=none compare
- 4 Chad 0 1=banking crisis, 0=none compare
- 4 Chile 0 1=banking crisis, 0=none compare
- 4 China 0 1=banking crisis, 0=none compare
- 4 Colombia 0 1=banking crisis, 0=none compare
- 4 Comoros 0 1=banking crisis, 0=none compare
- 4 Democratic Republic of Congo 0 1=banking crisis, 0=none compare
- 4 Congo 0 1=banking crisis, 0=none compare
- 4 Costa Rica 0 1=banking crisis, 0=none compare
- 4 Cote d'Ivoire 0 1=banking crisis, 0=none compare
- 4 Croatia 0 1=banking crisis, 0=none compare
- 4 Cuba 0 1=banking crisis, 0=none compare
- 4 Curacao 0 1=banking crisis, 0=none compare
- 4 Cyprus 0 1=banking crisis, 0=none compare
- 4 Czechia 0 1=banking crisis, 0=none compare
- 4 Denmark 0 1=banking crisis, 0=none compare
- 4 Djibouti 0 1=banking crisis, 0=none compare
- 4 Dominica 0 1=banking crisis, 0=none compare
- 4 Dominican Republic 0 1=banking crisis, 0=none compare
- 4 Ecuador 0 1=banking crisis, 0=none compare
- 4 Egypt 0 1=banking crisis, 0=none compare
- 4 El Salvador 0 1=banking crisis, 0=none compare
- 4 Equatorial Guinea 0 1=banking crisis, 0=none compare
- 4 Eritrea 0 1=banking crisis, 0=none compare
- 4 Estonia 0 1=banking crisis, 0=none compare
- 4 Eswatini 0 1=banking crisis, 0=none compare
- 4 Ethiopia 0 1=banking crisis, 0=none compare
- 4 Faroe Islands 0 1=banking crisis, 0=none compare
- 4 Fiji 0 1=banking crisis, 0=none compare
- 4 Finland 0 1=banking crisis, 0=none compare
- 4 France 0 1=banking crisis, 0=none compare
- 4 French Polynesia 0 1=banking crisis, 0=none compare
- 4 Gabon 0 1=banking crisis, 0=none compare
- 4 Gambia 0 1=banking crisis, 0=none compare
- 4 Georgia 0 1=banking crisis, 0=none compare
- 4 Germany 0 1=banking crisis, 0=none compare
- 4 Ghana 0 1=banking crisis, 0=none compare
- 4 Gibraltar 0 1=banking crisis, 0=none compare
- 4 Greece 0 1=banking crisis, 0=none compare
- 4 Greenland 0 1=banking crisis, 0=none compare
- 4 Guam 0 1=banking crisis, 0=none compare
- 4 Guatemala 0 1=banking crisis, 0=none compare
- 4 Guinea 0 1=banking crisis, 0=none compare
- 4 Guyana 0 1=banking crisis, 0=none compare
- 4 Haiti 0 1=banking crisis, 0=none compare
- 4 Honduras 0 1=banking crisis, 0=none compare
- 4 Hong Kong 0 1=banking crisis, 0=none compare
- 4 Hungary 0 1=banking crisis, 0=none compare
- 4 Iceland 0 1=banking crisis, 0=none compare
- 4 India 0 1=banking crisis, 0=none compare
- 4 Indonesia 0 1=banking crisis, 0=none compare
- 4 Iran 0 1=banking crisis, 0=none compare
- 4 Iraq 0 1=banking crisis, 0=none compare
- 4 Isle of Man 0 1=banking crisis, 0=none compare
- 4 Israel 0 1=banking crisis, 0=none compare
- 4 Italy 0 1=banking crisis, 0=none compare
- 4 Jamaica 0 1=banking crisis, 0=none compare
- 4 Japan 0 1=banking crisis, 0=none compare
- 4 Jordan 0 1=banking crisis, 0=none compare
- 4 Kazakhstan 0 1=banking crisis, 0=none compare
- 4 Kenya 0 1=banking crisis, 0=none compare
- 4 Kiribati 0 1=banking crisis, 0=none compare
- 4 North Korea 0 1=banking crisis, 0=none compare
- 4 South Korea 0 1=banking crisis, 0=none compare
- 4 Kuwait 0 1=banking crisis, 0=none compare
- 4 Kyrgyzstan 0 1=banking crisis, 0=none compare
- 4 Laos 0 1=banking crisis, 0=none compare
- 4 Latvia 0 1=banking crisis, 0=none compare
- 4 Lebanon 0 1=banking crisis, 0=none compare
- 4 Lesotho 0 1=banking crisis, 0=none compare
- 4 Liberia 0 1=banking crisis, 0=none compare
- 4 Libya 0 1=banking crisis, 0=none compare
- 4 Lithuania 0 1=banking crisis, 0=none compare
- 4 Macao 0 1=banking crisis, 0=none compare
- 4 Madagascar 0 1=banking crisis, 0=none compare
- 4 Malawi 0 1=banking crisis, 0=none compare
- 4 Malaysia 0 1=banking crisis, 0=none compare
- 4 Maldives 0 1=banking crisis, 0=none compare
- 4 Mali 0 1=banking crisis, 0=none compare
- 4 Marshall Islands 0 1=banking crisis, 0=none compare
- 4 Mauritania 0 1=banking crisis, 0=none compare
- 4 Mauritius 0 1=banking crisis, 0=none compare
- 4 Mexico 0 1=banking crisis, 0=none compare
- 4 Micronesia (country) 0 1=banking crisis, 0=none compare
- 4 Monaco 0 1=banking crisis, 0=none compare
- 4 Mongolia 0 1=banking crisis, 0=none compare
- 4 Montenegro 0 1=banking crisis, 0=none compare
- 4 Morocco 0 1=banking crisis, 0=none compare
- 4 Mozambique 0 1=banking crisis, 0=none compare
- 4 Myanmar 0 1=banking crisis, 0=none compare
- 4 Namibia 0 1=banking crisis, 0=none compare
- 4 Nauru 0 1=banking crisis, 0=none compare
- 4 Nepal 0 1=banking crisis, 0=none compare
- 4 Netherlands 0 1=banking crisis, 0=none compare
- 4 New Caledonia 0 1=banking crisis, 0=none compare
- 4 New Zealand 0 1=banking crisis, 0=none compare
- 4 Nicaragua 0 1=banking crisis, 0=none compare
- 4 Niger 0 1=banking crisis, 0=none compare
- 4 Nigeria 0 1=banking crisis, 0=none compare
- 4 North Macedonia 0 1=banking crisis, 0=none compare
- 4 Norway 0 1=banking crisis, 0=none compare
- 4 Oman 0 1=banking crisis, 0=none compare
- 4 Pakistan 0 1=banking crisis, 0=none compare
- 4 Palau 0 1=banking crisis, 0=none compare
- 4 Panama 0 1=banking crisis, 0=none compare
- 4 Papua New Guinea 0 1=banking crisis, 0=none compare
- 4 Paraguay 0 1=banking crisis, 0=none compare
- 4 Peru 0 1=banking crisis, 0=none compare
- 4 Philippines 0 1=banking crisis, 0=none compare
- 4 Poland 0 1=banking crisis, 0=none compare
- 4 Portugal 0 1=banking crisis, 0=none compare
- 4 Puerto Rico 0 1=banking crisis, 0=none compare
- 4 Qatar 0 1=banking crisis, 0=none compare
- 4 Romania 0 1=banking crisis, 0=none compare
- 4 Russia 0 1=banking crisis, 0=none compare
- 4 Rwanda 0 1=banking crisis, 0=none compare
- 4 Samoa 0 1=banking crisis, 0=none compare
- 4 San Marino 0 1=banking crisis, 0=none compare
- 4 Sao Tome and Principe 0 1=banking crisis, 0=none compare
- 4 Saudi Arabia 0 1=banking crisis, 0=none compare
- 4 Senegal 0 1=banking crisis, 0=none compare
- 4 Serbia 0 1=banking crisis, 0=none compare
- 4 Seychelles 0 1=banking crisis, 0=none compare
- 4 Sierra Leone 0 1=banking crisis, 0=none compare
- 4 Singapore 0 1=banking crisis, 0=none compare
- 4 Sint Maarten (Dutch part) 0 1=banking crisis, 0=none compare
- 4 Slovakia 0 1=banking crisis, 0=none compare
- 4 Slovenia 0 1=banking crisis, 0=none compare
- 4 Solomon Islands 0 1=banking crisis, 0=none compare
- 4 Somalia 0 1=banking crisis, 0=none compare
- 4 South Africa 0 1=banking crisis, 0=none compare
- 4 South Sudan 0 1=banking crisis, 0=none compare
- 4 Spain 0 1=banking crisis, 0=none compare
- 4 Sri Lanka 0 1=banking crisis, 0=none compare
- 4 Saint Kitts and Nevis 0 1=banking crisis, 0=none compare
- 4 Saint Lucia 0 1=banking crisis, 0=none compare
- 4 Saint Vincent and the Grenadines 0 1=banking crisis, 0=none compare
- 4 Sudan 0 1=banking crisis, 0=none compare
- 4 Suriname 0 1=banking crisis, 0=none compare
- 4 Sweden 0 1=banking crisis, 0=none compare
- 4 Switzerland 0 1=banking crisis, 0=none compare
- 4 Syria 0 1=banking crisis, 0=none compare
- 4 Tajikistan 0 1=banking crisis, 0=none compare
- 4 Tanzania 0 1=banking crisis, 0=none compare
- 4 Thailand 0 1=banking crisis, 0=none compare
- 4 East Timor 0 1=banking crisis, 0=none compare
- 4 Togo 0 1=banking crisis, 0=none compare
- 4 Tonga 0 1=banking crisis, 0=none compare
- 4 Trinidad and Tobago 0 1=banking crisis, 0=none compare
- 4 Tunisia 0 1=banking crisis, 0=none compare
- 4 Turkey 0 1=banking crisis, 0=none compare
- 4 Turkmenistan 0 1=banking crisis, 0=none compare
- 4 Turks and Caicos Islands 0 1=banking crisis, 0=none compare
- 4 Tuvalu 0 1=banking crisis, 0=none compare
- 4 Uganda 0 1=banking crisis, 0=none compare
- 4 United Arab Emirates 0 1=banking crisis, 0=none compare
- 4 United Kingdom 0 1=banking crisis, 0=none compare
- 4 United States 0 1=banking crisis, 0=none compare
- 4 Uruguay 0 1=banking crisis, 0=none compare
- 4 Uzbekistan 0 1=banking crisis, 0=none compare
- 4 Vanuatu 0 1=banking crisis, 0=none compare
- 4 Venezuela 0 1=banking crisis, 0=none compare
- 4 Vietnam 0 1=banking crisis, 0=none compare
- 4 United States Virgin Islands 0 1=banking crisis, 0=none compare
- 4 Palestine 0 1=banking crisis, 0=none compare
- 4 Yemen 0 1=banking crisis, 0=none compare
- 4 Zambia 0 1=banking crisis, 0=none compare
- 4 Zimbabwe 0 1=banking crisis, 0=none compare
More financial sector data for Grenada
- Domestic credit to private sector by banks 57.5% (2025)
- Total reserves in months of imports 4.36 (2025)
- Net domestic credit 1.54 billion current LCU (2025)
- Net foreign assets 2.55 billion current LCU (2025)
- Monetary Sector credit to private sector 57.5% (2025)
- Broad money 92.0% (2025)
- Claims on central government, etc. -19.2% (2025)
- Domestic credit to private sector 57.5% (2025)
- Official exchange rate 2.7 LCU per US$, period average (2025)
- Net migration -185 (2025)
Frequently asked questions
- What is banking crisis dummy in Grenada?
- Banking crisis dummy in Grenada was 0 1=banking crisis, 0=none in 2017, according to Luc Laeven and Fabián Valencia, 2012. “Systemic Banking Crises Database: An Update”, IMF Working Paper WP/12/163.
- What is the highest banking crisis dummy recorded in Grenada?
- The highest recorded value was 0 1=banking crisis, 0=none in 1970.
- What is the lowest banking crisis dummy recorded in Grenada?
- The lowest recorded value was 0 1=banking crisis, 0=none in 1970.
- How does Grenada rank for banking crisis dummy?
- Grenada ranks 4th out of 211 countries with data for 2017.
- Where does this Grenada data come from?
- The figures come from Luc Laeven and Fabián Valencia, 2012. “Systemic Banking Crises Database: An Update”, IMF Working Paper WP/12/163, published as part of Banking crisis dummy (1=banking crisis, 0=none). Statizoid updates them automatically from the source API.
Download this data
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About this data
A banking crisis is defined as systemic if two conditions are met: a. Significant signs of financial distress in the banking system (as indicated bysignificant bank runs, losses in the banking system, and/or bank liquidations), b. Significant banking policy intervention measures in response to significant losses in the banking system. The first year that both criteria are met is considered as the year when the crisis start becoming systemic. The end of a crisis is defined the year before both real GDP growth and real credit growth are positive for at least two consecutive years.