Discount Rate, Percent per annum in Grenada
Grenada: Discount Rate, Percent per annum was 3 in 2025. ▼ Falling
Discount Rate, Percent per annum in Grenada, 1994–2025
Source: International Monetary Fund.
Analysis
In 2025, discount rate, percent per annum in Grenada stood at 3.
That represents a change of down 53.8% over ten years.
Over the whole period, discount rate, percent per annum in Grenada peaked at 9 in 1994 and was at its lowest, 2, in 2020.
That places Grenada 46th out of 70 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 32 years of available data.
Discount Rate, Percent per annum in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 9 | — |
| 1995 | 9 | +0.0% |
| 1996 | 9 | +0.0% |
| 1997 | 8 | -11.1% |
| 1998 | 8 | +0.0% |
| 1999 | 8 | +0.0% |
| 2000 | 8 | +0.0% |
| 2001 | 7 | -12.5% |
| 2002 | 7 | +0.0% |
| 2003 | 6.5 | -7.1% |
| 2004 | 6.5 | +0.0% |
| 2005 | 6.5 | +0.0% |
| 2006 | 6.5 | +0.0% |
| 2007 | 6.5 | +0.0% |
| 2008 | 6.5 | +0.0% |
| 2009 | 6.5 | +0.0% |
| 2010 | 6.5 | +0.0% |
| 2011 | 6.5 | +0.0% |
| 2012 | 6.5 | +0.0% |
| 2013 | 6.5 | +0.0% |
| 2014 | 6.5 | +0.0% |
| 2015 | 6.5 | +0.0% |
| 2016 | 6.5 | +0.0% |
| 2017 | 6.5 | +0.0% |
| 2018 | 6.5 | +0.0% |
| 2019 | 6.5 | +0.0% |
| 2020 | 2 | -69.2% |
| 2021 | 2 | +0.0% |
| 2022 | 2 | +0.0% |
| 2023 | 2 | +0.0% |
| 2024 | 3 | +50.0% |
| 2025 | 3 | +0.0% |
Grenada compared with similar countries
- Grenada's 3 is below the median for upper middle income countries, which is 3.94, 76% of the median. (22 countries reporting)
- Grenada's 3 is below the median for Latin America & Caribbean, which is 6.75, 44% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.5 | 8 | 9 | 6 |
| 2000s | 6.75 | 6.5 | 8 | 10 |
| 2010s | 6.5 | 6.5 | 6.5 | 10 |
| 2020s | 2.33 | 2 | 3 | 6 |
Countries ranked near Grenada
- 43 Cameroon 3.25 compare
- 43 Equatorial Guinea 3.25 compare
- 45 Comoros 3.08 compare
- 46 Anguilla 3 compare
- 46 Antigua and Barbuda 3 compare
- 46 Dominica 3 compare
- 46 Saint Kitts and Nevis 3 compare
- 46 Saint Lucia 3 compare
- 46 Montserrat 3 compare
- 46 Saint Vincent and the Grenadines 3 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 discount rate, percent per annum in Grenada?
- Discount rate, percent per annum in Grenada was 3 in 2025, according to International Monetary Fund.
- What is the highest discount rate, percent per annum recorded in Grenada?
- The highest recorded value was 9 in 1994.
- What is the lowest discount rate, percent per annum recorded in Grenada?
- The lowest recorded value was 2 in 2020.
- How does Grenada rank for discount rate, percent per annum?
- Grenada ranks 46th out of 70 countries with data for 2025.
- Is discount rate, percent per annum rising or falling in Grenada?
- Over the last ten years it is down 53.8%. 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 Discount 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.