Lending Rate, Percent per annum in Grenada
Grenada: Lending Rate, Percent per annum was 6.86 in 2025. ▼ Falling
Lending Rate, Percent per annum in Grenada, 1982–2025
Source: International Monetary Fund.
Analysis
Grenada recorded 6.86 for lending rate, percent per annum in 2025.
Compared with earlier readings it is down 0.4% on the previous year and down 23.5% over ten years.
Over the whole period, lending rate, percent per annum in Grenada peaked at 13.5 in 1986 and was at its lowest, 6.44, in 2022.
That places Grenada 96th out of 144 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 44 years of available data.
Lending Rate, Percent per annum in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 1982 | 12.33 | — |
| 1983 | 12.33 | +0.0% |
| 1984 | 12.33 | +0.0% |
| 1985 | 13.4 | +8.7% |
| 1986 | 13.5 | +0.7% |
| 1987 | 13.3 | -1.4% |
| 1988 | 12.33 | -7.4% |
| 1989 | 12.33 | +0.0% |
| 1990 | 12.33 | +0.0% |
| 1991 | 12.3 | -0.2% |
| 1992 | 12.02 | -2.3% |
| 1993 | 11.83 | -1.6% |
| 1994 | 11.03 | -6.8% |
| 1995 | 11.08 | +0.4% |
| 1996 | 9.99 | -9.8% |
| 1997 | 11.24 | +12.5% |
| 1998 | 11.73 | +4.4% |
| 1999 | 11.62 | -0.9% |
| 2000 | 11.6 | -0.2% |
| 2001 | 10.19 | -12.2% |
| 2002 | 11.31 | +11.0% |
| 2003 | 12.05 | +6.5% |
| 2004 | 10.18 | -15.5% |
| 2005 | 10.07 | -1.2% |
| 2006 | 9.85 | -2.1% |
| 2007 | 9.76 | -1.0% |
| 2008 | 9.53 | -2.3% |
| 2009 | 10.99 | +15.4% |
| 2010 | 10.57 | -3.8% |
| 2011 | 10.69 | +1.0% |
| 2012 | 9.73 | -9.0% |
| 2013 | 9.27 | -4.7% |
| 2014 | 9.19 | -0.9% |
| 2015 | 8.96 | -2.4% |
| 2016 | 8.63 | -3.7% |
| 2017 | 8.31 | -3.7% |
| 2018 | 7.84 | -5.7% |
| 2019 | 7.57 | -3.4% |
| 2020 | 6.83 | -9.7% |
| 2021 | 6.55 | -4.2% |
| 2022 | 6.44 | -1.6% |
| 2023 | 6.93 | +7.6% |
| 2024 | 6.89 | -0.6% |
| 2025 | 6.86 | -0.4% |
Grenada compared with similar countries
- Grenada's 6.86 is below the median for upper middle income countries, which is 8.99, 76% of the median. (46 countries reporting)
- Grenada's 6.86 is below the median for Latin America & Caribbean, which is 9.16, 75% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 12.73 | 12.33 | 13.5 | 8 |
| 1990s | 11.52 | 9.99 | 12.33 | 10 |
| 2000s | 10.55 | 9.53 | 12.05 | 10 |
| 2010s | 9.08 | 7.57 | 10.69 | 10 |
| 2020s | 6.75 | 6.44 | 6.93 | 6 |
Countries ranked near Grenada
- 93 Saint Vincent and the Grenadines 7.06 compare
- 94 Panama 6.91 compare
- 95 Costa Rica 6.88 compare
- 97 Kosovo 6.65 compare
- 98 Saint Kitts and Nevis 6.52 compare
- 99 Albania 6.44 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 lending rate, percent per annum in Grenada?
- Lending rate, percent per annum in Grenada was 6.86 in 2025, according to International Monetary Fund.
- What is the highest lending rate, percent per annum recorded in Grenada?
- The highest recorded value was 13.5 in 1986.
- What is the lowest lending rate, percent per annum recorded in Grenada?
- The lowest recorded value was 6.44 in 2022.
- How does Grenada rank for lending rate, percent per annum?
- Grenada ranks 96th out of 144 countries with data for 2025.
- Is lending rate, percent per annum rising or falling in Grenada?
- Over the last ten years it is down 23.5%. 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, 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.