Current account balance (credit less debit), Net (credits less) in Grenada
Grenada: Current account balance (credit less debit), Net (credits less) was -270.77 million in 2024. ▲ Rising
Current account balance (credit less debit), Net (credits less debits) in Grenada, 2005–2024
Source: International Monetary Fund.
Analysis
Grenada recorded -270.77 million for current account balance (credit less debit), net (credits less debits) in 2024. That is the lowest value across all 20 years on record.
Compared with earlier readings it is down 11.2% on the previous year and down 227.1% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Grenada peaked at -82.79 million in 2014 and was at its lowest, -270.77 million, in 2024.
Grenada ranks 105th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Current account balance (credit less debit), Net (credits less) in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -251.77 million | — |
| 2006 | -247.05 million | -1.9% |
| 2007 | -222.22 million | -10.0% |
| 2008 | -217.32 million | -2.2% |
| 2009 | -130.52 million | -39.9% |
| 2010 | -149.95 million | +14.9% |
| 2011 | -145.34 million | -3.1% |
| 2012 | -119.85 million | -17.5% |
| 2013 | -143.78 million | +20.0% |
| 2014 | -82.79 million | -42.4% |
| 2015 | -105.85 million | +27.9% |
| 2016 | -93.95 million | -11.2% |
| 2017 | -129.04 million | +37.4% |
| 2018 | -148.82 million | +15.3% |
| 2019 | -125.33 million | -15.8% |
| 2020 | -168.05 million | +34.1% |
| 2021 | -161.37 million | -4.0% |
| 2022 | -148.44 million | -8.0% |
| 2023 | -243.47 million | +64.0% |
| 2024 | -270.77 million | +11.2% |
Grenada compared with similar countries
- Grenada's -270.77 million is above the median for upper middle income countries, which is -494.28 million, 55% of the median. (54 countries reporting)
- Grenada's -270.77 million is below the median for Latin America & Caribbean, which is -169.22 million, 1.6× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -213.78 million | -251.77 million | -130.52 million | 5 |
| 2010s | -124.47 million | -149.95 million | -82.79 million | 10 |
| 2020s | -198.42 million | -270.77 million | -148.44 million | 5 |
Countries ranked near Grenada
- 102 Saint Kitts and Nevis -169.22 million compare
- 103 Seychelles -175.67 million compare
- 104 Antigua and Barbuda -181.37 million compare
- 106 Barbados -296.40 million compare
- 107 Netherlands Antilles -339.95 million compare
- 108 North Macedonia -356.02 million compare
More financial sector data for Grenada
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 13.72 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 10.02 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 13.72 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Grenada?
- Current account balance (credit less debit), net (credits less debits) in Grenada was -270.77 million in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Grenada?
- The highest recorded value was -82.79 million in 2014.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Grenada?
- The lowest recorded value was -270.77 million in 2024.
- How does Grenada rank for current account balance (credit less debit), net (credits less debits)?
- Grenada ranks 105th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Grenada?
- Over the last ten years it is down 227.1%. The long-run trend across the full record is rising.
- Where does this Grenada data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.