Credit to government and state-owned enterprises to GDP in Grenada

Grenada: Credit to government and state-owned enterprises to GDP was 4.0% in 2020. ▼ Falling

Latest (2020)
4.0%
Change on year
up 16.7%
World rank
154th
of 178 countries
All-time high
13.1%
in 2002
All-time low
3.5%
in 2019
Years of data
41
1980–2020

Credit to government and state-owned enterprises to GDP in Grenada, 1980–2020

4681012141980200020201980: 4.7 %1981: 4.6 %1982: 10.1 %1983: 11.6 %1984: 9.1 %1985: 8.7 %1986: 7.8 %1987: 7.1 %1988: 7.7 %1989: 6.9 %1990: 7.1 %1991: 6.8 %1992: 5.3 %1993: 5.8 %1994: 5.7 %1995: 5.7 %1996: 7.3 %1997: 9 %1998: 8.8 %1999: 7 %2000: 9.4 %2001: 12.2 %2002: 13.1 %2003: 11 %2004: 9.1 %2005: 7.1 %2006: 8.4 %2007: 8.4 %2008: 9.8 %2009: 11.1 %2010: 10.3 %2011: 10.3 %2012: 8.2 %2013: 6.8 %2014: 5.6 %2015: 4.2 %2016: 3.9 %2017: 3.6 %2018: 3.9 %2019: 3.5 %2020: 4 %

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

The most recent figure for credit to government and state-owned enterprises to gdp in Grenada is 4.0%, measured in 2020.

Compared with earlier readings it is up 16.7% on the previous year and down 60.7% over ten years.

Over the whole period, credit to government and state-owned enterprises to gdp in Grenada peaked at 13.1% in 2002 and was at its lowest, 3.5%, in 2019.

Grenada ranks 154th of 178 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 41 years of available data.

Credit to government and state-owned enterprises to GDP in Grenada, year by year

Annual values for Credit to government and state-owned enterprises to GDP (%) in Grenada, 1980 to 2020.
Year % Change
1980 4.7%
1981 4.6% -1.7%
1982 10.1% +119.6%
1983 11.6% +15.6%
1984 9.1% -21.3%
1985 8.7% -4.7%
1986 7.8% -10.0%
1987 7.1% -8.9%
1988 7.7% +7.4%
1989 6.9% -9.6%
1990 7.1% +1.6%
1991 6.8% -4.2%
1992 5.3% -22.2%
1993 5.8% +9.5%
1994 5.7% -1.5%
1995 5.7% +0.4%
1996 7.3% +27.8%
1997 9.0% +23.7%
1998 8.8% -1.8%
1999 7.0% -20.8%
2000 9.4% +34.0%
2001 12.2% +30.0%
2002 13.1% +7.7%
2003 11.0% -16.3%
2004 9.1% -17.4%
2005 7.1% -21.3%
2006 8.4% +17.2%
2007 8.4% -0.2%
2008 9.8% +17.4%
2009 11.1% +12.8%
2010 10.3% -6.9%
2011 10.3% +0.0%
2012 8.2% -20.1%
2013 6.8% -17.4%
2014 5.6% -17.0%
2015 4.2% -25.4%
2016 3.9% -7.3%
2017 3.6% -6.8%
2018 3.9% +7.6%
2019 3.5% -11.3%
2020 4.0% +16.7%

Averages by decade

DecadeAverage LowestHighest Years
1980s 7.8% 4.6% 11.6% 10
1990s 6.8% 5.3% 9.0% 10
2000s 9.9% 7.1% 13.1% 10
2010s 6.0% 3.5% 10.3% 10
2020s 4.0% 4.0% 4.0% 1

Countries ranked near Grenada

  1. 151 Nigeria 4.2% compare
  2. 152 Estonia 4.1% compare
  3. 153 Uruguay 4.1% compare
  4. 155 Switzerland 4.0% compare
  5. 156 Mauritania 3.9% compare
  6. 157 Nicaragua 3.8% compare

See the full ranking of 178 places →

More financial sector data for Grenada

All data for Grenada →

Frequently asked questions

What is credit to government and state-owned enterprises to gdp in Grenada?
Credit to government and state-owned enterprises to gdp in Grenada was 4.0% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest credit to government and state-owned enterprises to gdp recorded in Grenada?
The highest recorded value was 13.1% in 2002.
What is the lowest credit to government and state-owned enterprises to gdp recorded in Grenada?
The lowest recorded value was 3.5% in 2019.
How does Grenada rank for credit to government and state-owned enterprises to gdp?
Grenada ranks 154th out of 178 countries with data for 2020.
Is credit to government and state-owned enterprises to gdp rising or falling in Grenada?
Over the last ten years it is down 60.7%. The long-run trend across the full record is falling.
Where does this Grenada data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Credit to government and state-owned enterprises to GDP (%). Statizoid updates them automatically from the source API.

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Credit to government and state-owned enterprises to GDP in Grenada. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 08 September 2026, from https://financial-sector.statizoid.com/stat/credit-to-government-and-state-owned-enterprises-to-gdp-percent/grenada/

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About this data

Indicator
Credit to government and state-owned enterprises to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
178 places, 6,137 data points, 1980–2020
Last refreshed

Raw data are from the electronic version of the IMF’s International Financial Statistics. (IFS line 22A + line 22B + line 22C) / GDP. Local currency GDP is from IFS (line 99B..ZF or, if not available, line 99B.CZF).