Deposit Rate, Percent per annum in Grenada
Grenada: Deposit Rate, Percent per annum was 0.9507 in 2025. ▼ Falling
Deposit Rate, Percent per annum in Grenada, 1982–2025
Source: International Monetary Fund.
Analysis
Grenada recorded 0.9507 for deposit rate, percent per annum in 2025.
The figure is down 0.3% on the previous year and down 48.0% over ten years.
Over the whole period, deposit rate, percent per annum in Grenada peaked at 4.3 in 1999 and was at its lowest, 0.8906, in 2022.
Grenada ranks 125th of 143 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 44 years of available data.
Deposit Rate, Percent per annum in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 1982 | 2.19 | — |
| 1983 | 3.08 | +40.7% |
| 1984 | 3.65 | +18.4% |
| 1985 | 3.65 | +0.0% |
| 1986 | 2.82 | -22.8% |
| 1987 | 3.06 | +8.6% |
| 1988 | 2.96 | -3.3% |
| 1989 | 2.75 | -6.8% |
| 1990 | 3.4 | +23.5% |
| 1991 | 3.74 | +10.0% |
| 1992 | 3.67 | -1.9% |
| 1993 | 3.88 | +5.6% |
| 1994 | 3.61 | -6.9% |
| 1995 | 3.67 | +1.6% |
| 1996 | 3.74 | +1.8% |
| 1997 | 3.93 | +5.1% |
| 1998 | 4.16 | +5.8% |
| 1999 | 4.3 | +3.5% |
| 2000 | 4.24 | -1.6% |
| 2001 | 4.23 | -0.2% |
| 2002 | 3.59 | -15.0% |
| 2003 | 3.39 | -5.7% |
| 2004 | 3.32 | -1.9% |
| 2005 | 2.87 | -13.7% |
| 2006 | 2.95 | +2.9% |
| 2007 | 3.13 | +5.9% |
| 2008 | 3.23 | +3.3% |
| 2009 | 3.27 | +1.4% |
| 2010 | 3.08 | -5.9% |
| 2011 | 3.11 | +1.1% |
| 2012 | 2.86 | -8.2% |
| 2013 | 2.64 | -7.6% |
| 2014 | 2.4 | -9.1% |
| 2015 | 1.83 | -23.8% |
| 2016 | 1.54 | -15.7% |
| 2017 | 1.45 | -6.0% |
| 2018 | 1.39 | -4.3% |
| 2019 | 1.34 | -3.4% |
| 2020 | 1.17 | -12.8% |
| 2021 | 1.17 | +0.3% |
| 2022 | 0.8906 | -24.0% |
| 2023 | 0.8989 | +0.9% |
| 2024 | 0.9535 | +6.1% |
| 2025 | 0.9507 | -0.3% |
Grenada compared with similar countries
- Grenada's 0.9507 is below the median for upper middle income countries, which is 4.31, 22% of the median. (48 countries reporting)
- Grenada's 0.9507 is below the median for Latin America & Caribbean, which is 3.43, 28% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.02 | 2.19 | 3.65 | 8 |
| 1990s | 3.81 | 3.4 | 4.3 | 10 |
| 2000s | 3.42 | 2.87 | 4.24 | 10 |
| 2010s | 2.16 | 1.34 | 3.11 | 10 |
| 2020s | 1.01 | 0.8906 | 1.17 | 6 |
Countries ranked near Grenada
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, percent per annum in Grenada?
- Deposit rate, percent per annum in Grenada was 0.9507 in 2025, according to International Monetary Fund.
- What is the highest deposit rate, percent per annum recorded in Grenada?
- The highest recorded value was 4.3 in 1999.
- What is the lowest deposit rate, percent per annum recorded in Grenada?
- The lowest recorded value was 0.8906 in 2022.
- How does Grenada rank for deposit rate, percent per annum?
- Grenada ranks 125th out of 143 countries with data for 2025.
- Is deposit rate, percent per annum rising or falling in Grenada?
- Over the last ten years it is down 48.0%. The long-run trend across the full record is falling.
- Where does this Grenada data come from?
- The figures come from International Monetary Fund, published as part of Deposit Rate, Percent per annum. Statizoid updates them automatically from the source API.
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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.