Money market Rate, Percent per annum in Grenada
Grenada: Money market Rate, Percent per annum was 6.89 in 2016. ▲ Rising
Money market Rate, Percent per annum in Grenada, 2001–2016
Source: International Monetary Fund.
Analysis
The most recent figure for money market rate, percent per annum in Grenada is 6.89, measured in 2016. That is the highest value across all 16 years on record.
Compared with earlier readings it is up 7.0% on the previous year and up 44.8% over ten years.
Over the whole period, money market rate, percent per annum in Grenada peaked at 6.89 in 2016 and was at its lowest, 4.01, in 2005.
Grenada ranks 27th of 94 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Money market Rate, Percent per annum in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 6.81 | — |
| 2002 | 6.32 | -7.3% |
| 2003 | 6.07 | -3.9% |
| 2004 | 4.67 | -23.0% |
| 2005 | 4.01 | -14.1% |
| 2006 | 4.76 | +18.6% |
| 2007 | 5.24 | +10.1% |
| 2008 | 4.93 | -5.8% |
| 2009 | 6.03 | +22.3% |
| 2010 | 6.36 | +5.4% |
| 2011 | 5.68 | -10.6% |
| 2012 | 5.2 | -8.6% |
| 2013 | 6.28 | +20.9% |
| 2014 | 6.19 | -1.5% |
| 2015 | 6.44 | +4.0% |
| 2016 | 6.89 | +7.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.43 | 4.01 | 6.81 | 9 |
| 2010s | 6.15 | 5.2 | 6.89 | 7 |
Countries ranked near Grenada
- 24 South Africa 7.26 compare
- 25 Namibia 7.05 compare
- 26 Armenia 7.01 compare
- 27 Anguilla 6.89 compare
- 27 Antigua and Barbuda 6.89 compare
- 27 Dominica 6.89 compare
- 27 Saint Kitts and Nevis 6.89 compare
- 27 Saint Lucia 6.89 compare
- 27 Montserrat 6.89 compare
- 27 Saint Vincent and the Grenadines 6.89 compare
More financial sector data for Grenada
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -7.03 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.2075 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 2,512 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -8.17 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 2,541 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate -8.17 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 2,541 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate -8.17 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,541 SDR per person (2025)
- Total reserves (gold at national valuation) 298.03 million SDR (2025)
Frequently asked questions
- What is money market rate, percent per annum in Grenada?
- Money market rate, percent per annum in Grenada was 6.89 in 2016, according to International Monetary Fund.
- What is the highest money market rate, percent per annum recorded in Grenada?
- The highest recorded value was 6.89 in 2016.
- What is the lowest money market rate, percent per annum recorded in Grenada?
- The lowest recorded value was 4.01 in 2005.
- How does Grenada rank for money market rate, percent per annum?
- Grenada ranks 27th out of 94 countries with data for 2016.
- Is money market rate, percent per annum rising or falling in Grenada?
- Over the last ten years it is up 44.8%. The long-run trend across the full record is rising.
- Where does this Grenada data come from?
- The figures come from International Monetary Fund, published as part of Money market 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.