Lending rate, Foreign Currency, Rate, Percent per annum in Grenada
Grenada: Lending rate, Foreign Currency, Rate, Percent per annum was 7.08 in 2025. ▼ Falling
Lending rate, Foreign Currency, Rate, Percent per annum in Grenada, 2003–2025
Source: International Monetary Fund.
Analysis
Grenada recorded 7.08 for lending rate, foreign currency, rate, percent per annum in 2025.
The figure is down 2.0% on the previous year and up 21.7% over ten years.
Over the whole period, lending rate, foreign currency, rate, percent per annum in Grenada peaked at 12.88 in 2003 and was at its lowest, 4.24, in 2021.
That places Grenada 20th out of 33 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
Lending rate, Foreign Currency, Rate, Percent per annum in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 12.88 | — |
| 2004 | 7.85 | -39.1% |
| 2005 | 6.94 | -11.5% |
| 2006 | 7.8 | +12.3% |
| 2007 | 8.09 | +3.7% |
| 2008 | 6.61 | -18.3% |
| 2009 | 4.66 | -29.5% |
| 2010 | 4.73 | +1.6% |
| 2011 | 5.12 | +8.1% |
| 2012 | 5.47 | +6.8% |
| 2013 | 6.24 | +14.2% |
| 2014 | 6.48 | +3.8% |
| 2015 | 5.81 | -10.3% |
| 2016 | 5.26 | -9.5% |
| 2017 | 5.2 | -1.2% |
| 2018 | 5.59 | +7.5% |
| 2019 | 5.33 | -4.5% |
| 2020 | 4.73 | -11.3% |
| 2021 | 4.24 | -10.5% |
| 2022 | 4.78 | +12.9% |
| 2023 | 6.64 | +38.9% |
| 2024 | 7.23 | +8.8% |
| 2025 | 7.08 | -2.0% |
Grenada compared with similar countries
- Grenada's 7.08 is below the median for upper middle income countries, which is 7.51, 94% of the median. (17 countries reporting)
- Grenada's 7.08 is below the median for Latin America & Caribbean, which is 7.71, 92% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.83 | 4.66 | 12.88 | 7 |
| 2010s | 5.52 | 4.73 | 6.48 | 10 |
| 2020s | 5.78 | 4.24 | 7.23 | 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 lending rate, foreign currency, rate, percent per annum in Grenada?
- Lending rate, foreign currency, rate, percent per annum in Grenada was 7.08 in 2025, according to International Monetary Fund.
- What is the highest lending rate, foreign currency, rate, percent per annum recorded in Grenada?
- The highest recorded value was 12.88 in 2003.
- What is the lowest lending rate, foreign currency, rate, percent per annum recorded in Grenada?
- The lowest recorded value was 4.24 in 2021.
- How does Grenada rank for lending rate, foreign currency, rate, percent per annum?
- Grenada ranks 20th out of 33 countries with data for 2025.
- Is lending rate, foreign currency, rate, percent per annum rising or falling in Grenada?
- Over the last ten years it is up 21.7%. 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 Lending 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.