Current account balance (credit less debit), Net (credits less debits) in Grenada
Grenada: Current account balance (credit less debit), Net (credits less debits) was -270.77 million in 2024. β² Rising
Current account balance (credit less debit), Net (credits less debits) in Grenada, 2005β2024
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.
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
- 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 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.