Net domestic credit (current LCU), annual growth rate in Grenada
Grenada: Net domestic credit (current LCU), annual growth rate was 30.78 % change on previous year in 2025. ◆ Volatile
Net domestic credit (current LCU), annual growth rate in Grenada, 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, net domestic credit (current lcu), annual growth rate in Grenada stood at 30.78 % change on previous year. That is the highest value across all 55 years on record.
The figure is up 416.9% on the previous year and up 441.1% over ten years.
Over the whole period, net domestic credit (current lcu), annual growth rate in Grenada peaked at 30.78 % change on previous year in 2025 and was at its lowest, -10.77 % change on previous year, in 2023.
That places Grenada 21st out of 186 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), annual growth rate in Grenada, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 22.47 % change on previous year | — |
| 1972 | 24.04 % change on previous year | +7.0% |
| 1973 | 6.52 % change on previous year | -72.9% |
| 1974 | -1.97 % change on previous year | -130.3% |
| 1975 | -0.828 % change on previous year | -58.0% |
| 1976 | 0.6892 % change on previous year | -183.2% |
| 1977 | 15.12 % change on previous year | +2094.1% |
| 1978 | 21.16 % change on previous year | +40.0% |
| 1979 | -8.43 % change on previous year | -139.8% |
| 1980 | 11.57 % change on previous year | -237.2% |
| 1981 | 7.26 % change on previous year | -37.3% |
| 1982 | 25.87 % change on previous year | +256.6% |
| 1983 | 2.34 % change on previous year | -91.0% |
| 1984 | 12.29 % change on previous year | +425.0% |
| 1985 | 23.34 % change on previous year | +90.0% |
| 1986 | 25.69 % change on previous year | +10.1% |
| 1987 | 15.89 % change on previous year | -38.1% |
| 1988 | 14.1 % change on previous year | -11.3% |
| 1989 | 20.27 % change on previous year | +43.8% |
| 1990 | 1.27 % change on previous year | -93.7% |
| 1991 | 7.26 % change on previous year | +471.3% |
| 1992 | 1.42 % change on previous year | -80.4% |
| 1993 | 26.36 % change on previous year | +1751.7% |
| 1994 | -0.9073 % change on previous year | -103.4% |
| 1995 | 4.13 % change on previous year | -555.1% |
| 1996 | 17.11 % change on previous year | +314.3% |
| 1997 | 19.3 % change on previous year | +12.8% |
| 1998 | 14.71 % change on previous year | -23.8% |
| 1999 | 8.01 % change on previous year | -45.5% |
| 2000 | 18 % change on previous year | +124.7% |
| 2001 | 6.88 % change on previous year | -61.8% |
| 2002 | 3.43 % change on previous year | -50.2% |
| 2003 | -0.0685 % change on previous year | -102.0% |
| 2004 | -1.26 % change on previous year | +1731.1% |
| 2005 | 4.04 % change on previous year | -421.7% |
| 2006 | 14.23 % change on previous year | +252.5% |
| 2007 | 18 % change on previous year | +26.5% |
| 2008 | 14.27 % change on previous year | -20.8% |
| 2009 | 2.97 % change on previous year | -79.2% |
| 2010 | 5.64 % change on previous year | +89.9% |
| 2011 | 4.07 % change on previous year | -27.8% |
| 2012 | -2.06 % change on previous year | -150.6% |
| 2013 | -8.33 % change on previous year | +304.4% |
| 2014 | -6.72 % change on previous year | -19.3% |
| 2015 | -9.02 % change on previous year | +34.2% |
| 2016 | -0.2075 % change on previous year | -97.7% |
| 2017 | -2.88 % change on previous year | +1285.3% |
| 2018 | -0.3434 % change on previous year | -88.1% |
| 2019 | -10.39 % change on previous year | +2924.7% |
| 2020 | -6.2 % change on previous year | -40.3% |
| 2021 | 8.42 % change on previous year | -235.7% |
| 2022 | 8.56 % change on previous year | +1.7% |
| 2023 | -10.77 % change on previous year | -225.8% |
| 2024 | -9.71 % change on previous year | -9.9% |
| 2025 | 30.78 % change on previous year | -416.9% |
Grenada compared with similar countries
- Grenada's 30.78 % change on previous year is above the median for upper middle income countries, which is 10.49 % change on previous year, 2.9× the median. (55 countries reporting)
- Grenada's 30.78 % change on previous year is above the median for Latin America & Caribbean, which is 7.53 % change on previous year, 4.1× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU), annual growth rate 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 |
|---|---|---|---|
| 2019 | -2924.7% | -0.3434 % change on previous year | -10.39 % change on previous year |
| 1977 | +2094.1% | 0.6892 % change on previous year | 15.12 % change on previous year |
| 1993 | +1751.7% | 1.42 % change on previous year | 26.36 % change on previous year |
| 2004 | -1731.1% | -0.0685 % change on previous year | -1.26 % change on previous year |
| 2017 | -1285.3% | -0.2075 % change on previous year | -2.88 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.75 % change on previous year | -8.43 % change on previous year | 24.04 % change on previous year | 9 |
| 1980s | 15.86 % change on previous year | 2.34 % change on previous year | 25.87 % change on previous year | 10 |
| 1990s | 9.87 % change on previous year | -0.9073 % change on previous year | 26.36 % change on previous year | 10 |
| 2000s | 8.05 % change on previous year | -1.26 % change on previous year | 18 % change on previous year | 10 |
| 2010s | -3.02 % change on previous year | -10.39 % change on previous year | 5.64 % change on previous year | 10 |
| 2020s | 3.51 % change on previous year | -10.77 % change on previous year | 30.78 % change on previous year | 6 |
Countries ranked near Grenada
- 18 Libya 33.1 % change on previous year compare
- 19 Rwanda 31.82 % change on previous year compare
- 20 South Sudan 30.97 % change on previous year compare
- 22 Iran 30.52 % change on previous year compare
- 23 Equatorial Guinea 29.97 % change on previous year compare
- 24 Chad 29.91 % change on previous year 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 net domestic credit (current lcu), annual growth rate in Grenada?
- Net domestic credit (current lcu), annual growth rate in Grenada was 30.78 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), annual growth rate recorded in Grenada?
- The highest recorded value was 30.78 % change on previous year in 2025.
- What is the lowest net domestic credit (current lcu), annual growth rate recorded in Grenada?
- The lowest recorded value was -10.77 % change on previous year in 2023.
- How does Grenada rank for net domestic credit (current lcu), annual growth rate?
- Grenada ranks 21st out of 186 countries with data for 2025.
- Is net domestic credit (current lcu), annual growth rate rising or falling in Grenada?
- Over the last ten years it is up 441.1%. The long-run trend across the full record is volatile.
- Where does this Grenada data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.