External loans and deposits of reporting banks vis-à-vis all sectors in Grenada
Grenada: External loans and deposits of reporting banks vis-à-vis all sectors was 32.7% in 2021. ▼ Falling
External loans and deposits of reporting banks vis-à-vis all sectors in Grenada, 1995–2021
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
Grenada recorded 32.7% for external loans and deposits of reporting banks vis-à-vis all sectors in 2021.
That represents a change of up 10.2% on the previous year and up 218.1% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis all sectors in Grenada peaked at 57.6% in 1998 and was at its lowest, 10.3%, in 2011.
Grenada ranks 71st of 181 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 27 years of available data.
External loans and deposits of reporting banks vis-à-vis all sectors in Grenada, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 26.1% | — |
| 1996 | 15.8% | -39.4% |
| 1997 | 16.7% | +5.6% |
| 1998 | 57.6% | +245.3% |
| 1999 | 24.9% | -56.7% |
| 2000 | 18.4% | -26.1% |
| 2001 | 18.1% | -1.7% |
| 2002 | 19.7% | +9.1% |
| 2003 | 10.4% | -47.1% |
| 2004 | 17.0% | +63.2% |
| 2005 | 12.2% | -28.5% |
| 2006 | 10.8% | -11.0% |
| 2007 | 14.0% | +28.7% |
| 2008 | 27.2% | +94.5% |
| 2009 | 19.7% | -27.3% |
| 2010 | 13.7% | -30.6% |
| 2011 | 10.3% | -24.9% |
| 2012 | 15.4% | +50.1% |
| 2013 | 13.4% | -13.0% |
| 2014 | 17.3% | +28.6% |
| 2015 | 16.6% | -4.0% |
| 2016 | 15.1% | -9.0% |
| 2017 | 16.9% | +12.1% |
| 2018 | 25.9% | +53.0% |
| 2019 | 18.1% | -30.0% |
| 2020 | 29.7% | +63.8% |
| 2021 | 32.7% | +10.2% |
Grenada compared with similar countries
- Grenada's 32.7% is above the median for upper middle income countries, which is 19.1%, 1.7× the median. (54 countries reporting)
- Grenada's 32.7% is above the median for Latin America & Caribbean, which is 30.4%, 1.1× the median. (31 countries reporting)
Biggest year-on-year movements
Years where External loans and deposits of reporting banks vis-à-vis all sectors in Grenada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | +245.3% | 16.7% | 57.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 28.2% | 15.8% | 57.6% | 5 |
| 2000s | 16.8% | 10.4% | 27.2% | 10 |
| 2010s | 16.3% | 10.3% | 25.9% | 10 |
| 2020s | 31.2% | 29.7% | 32.7% | 2 |
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 external loans and deposits of reporting banks vis-à-vis all sectors in Grenada?
- External loans and deposits of reporting banks vis-à-vis all sectors in Grenada was 32.7% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis all sectors recorded in Grenada?
- The highest recorded value was 57.6% in 1998.
- What is the lowest external loans and deposits of reporting banks vis-à-vis all sectors recorded in Grenada?
- The lowest recorded value was 10.3% in 2011.
- How does Grenada rank for external loans and deposits of reporting banks vis-à-vis all sectors?
- Grenada ranks 71st out of 181 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis all sectors rising or falling in Grenada?
- Over the last ten years it is up 218.1%. The long-run trend across the full record is falling.
- Where does this Grenada data come from?
- The figures come from Bank for International Settlements (BIS), published as part of External loans and deposits of reporting banks vis-à-vis all sectors (% of domestic bank deposits). Statizoid updates them automatically from the source API.
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About this data
Data is from BIS Statistical Appendix Table 7A: External loans and deposits of reporting banks vis-à-vis all sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.