Deposit rate, Foreign Currency, Rate, Percent per annum in Grenada
Grenada: Deposit rate, Foreign Currency, Rate, Percent per annum was 0.2529 in 2025. ◆ Volatile
Deposit rate, Foreign Currency, Rate, Percent per annum in Grenada, 2003–2025
Source: International Monetary Fund.
Analysis
The most recent figure for deposit rate, foreign currency, rate, percent per annum in Grenada is 0.2529, measured in 2025.
That represents a change of up 8.2% on the previous year and down 49.5% over ten years.
Over the whole period, deposit rate, foreign currency, rate, percent per annum in Grenada peaked at 2.93 in 2003 and was at its lowest, 0.2337, in 2024.
Grenada ranks 36th of 39 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Deposit rate, Foreign Currency, Rate, Percent per annum in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 2.93 | — |
| 2004 | 1.37 | -53.2% |
| 2005 | 1.03 | -24.9% |
| 2006 | 1.48 | +43.8% |
| 2007 | 1.79 | +21.0% |
| 2008 | 1.03 | -42.4% |
| 2009 | 0.8628 | -16.4% |
| 2010 | 0.4219 | -51.1% |
| 2011 | 0.3556 | -15.7% |
| 2012 | 0.6008 | +68.9% |
| 2013 | 0.7314 | +21.7% |
| 2014 | 0.6372 | -12.9% |
| 2015 | 0.5007 | -21.4% |
| 2016 | 0.4575 | -8.6% |
| 2017 | 0.4825 | +5.5% |
| 2018 | 0.7062 | +46.4% |
| 2019 | 0.7425 | +5.1% |
| 2020 | 0.836 | +12.6% |
| 2021 | 0.7014 | -16.1% |
| 2022 | 0.4939 | -29.6% |
| 2023 | 0.3899 | -21.1% |
| 2024 | 0.2337 | -40.1% |
| 2025 | 0.2529 | +8.2% |
Grenada compared with similar countries
- Grenada's 0.2529 is below the median for upper middle income countries, which is 1.4, 18% of the median. (20 countries reporting)
- Grenada's 0.2529 is below the median for Latin America & Caribbean, which is 0.8742, 29% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.5 | 0.8628 | 2.93 | 7 |
| 2010s | 0.5636 | 0.3556 | 0.7425 | 10 |
| 2020s | 0.4846 | 0.2337 | 0.836 | 6 |
Countries ranked near Grenada
- 33 Saint Lucia 0.487 compare
- 34 Saint Kitts and Nevis 0.4846 compare
- 35 Saint Vincent and the Grenadines 0.4375 compare
- 37 Kyrgyzstan 0.1798 compare
- 38 Antigua and Barbuda 0.1444 compare
- 39 Montserrat 0.03 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 deposit rate, foreign currency, rate, percent per annum in Grenada?
- Deposit rate, foreign currency, rate, percent per annum in Grenada was 0.2529 in 2025, according to International Monetary Fund.
- What is the highest deposit rate, foreign currency, rate, percent per annum recorded in Grenada?
- The highest recorded value was 2.93 in 2003.
- What is the lowest deposit rate, foreign currency, rate, percent per annum recorded in Grenada?
- The lowest recorded value was 0.2337 in 2024.
- How does Grenada rank for deposit rate, foreign currency, rate, percent per annum?
- Grenada ranks 36th out of 39 countries with data for 2025.
- Is deposit rate, foreign currency, rate, percent per annum rising or falling in Grenada?
- Over the last ten years it is down 49.5%. The long-run trend across the full record is volatile.
- Where does this Grenada data come from?
- The figures come from International Monetary Fund, published as part of Deposit rate, Foreign Currency, Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.