Outstanding Deposits, Commercial Banks, of Which: Household Sector in Grenada
Grenada: Outstanding Deposits, Commercial Banks, of Which: Household Sector was 2.13 billion in 2024. ▲ Rising
Latest (2024)
2.13 billion
Change on year
up 5.2%
World rank
115th
of 127 countries
All-time high
2.13 billion
in 2024
All-time low
1.10 billion
in 2005
Years of data
21
2004–2024
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Grenada, 2004–2024
Source: International Monetary Fund.
Analysis
In 2024, outstanding deposits, commercial banks, of which: household sector in Grenada stood at 2.13 billion. That is the highest value across all 21 years on record.
The figure is up 5.2% on the previous year and up 46.7% over ten years.
Over the whole period, outstanding deposits, commercial banks, of which: household sector in Grenada peaked at 2.13 billion in 2024 and was at its lowest, 1.10 billion, in 2005.
That places Grenada 115th out of 127 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 1.15 billion | — |
| 2005 | 1.10 billion | -3.8% |
| 2006 | 1.13 billion | +2.1% |
| 2007 | 1.21 billion | +7.1% |
| 2008 | 1.27 billion | +5.3% |
| 2009 | 1.32 billion | +4.0% |
| 2010 | 1.33 billion | +0.6% |
| 2011 | 1.38 billion | +3.6% |
| 2012 | 1.38 billion | +0.4% |
| 2013 | 1.41 billion | +1.9% |
| 2014 | 1.45 billion | +2.9% |
| 2015 | 1.53 billion | +5.2% |
| 2016 | 1.54 billion | +0.8% |
| 2017 | 1.60 billion | +3.8% |
| 2018 | 1.66 billion | +3.8% |
| 2019 | 1.70 billion | +2.4% |
| 2020 | 1.76 billion | +3.8% |
| 2021 | 1.73 billion | -1.6% |
| 2022 | 2.05 billion | +18.1% |
| 2023 | 2.02 billion | -1.2% |
| 2024 | 2.13 billion | +5.2% |
Grenada compared with similar countries
- Grenada's 2.13 billion is below the median for upper middle income countries, which is 343.07 billion, 1% of the median. (40 countries reporting)
- Grenada's 2.13 billion is below the median for Latin America & Caribbean, which is 282.39 billion, 1% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.20 billion | 1.10 billion | 1.32 billion | 6 |
| 2010s | 1.50 billion | 1.33 billion | 1.70 billion | 10 |
| 2020s | 1.94 billion | 1.73 billion | 2.13 billion | 5 |
Countries ranked near Grenada
- 112 Antigua and Barbuda 3.03 billion compare
- 113 Saint Lucia 2.50 billion compare
- 114 Montenegro 2.15 billion compare
- 116 San Marino 2.10 billion compare
- 117 Saint Kitts and Nevis 1.72 billion compare
- 118 Belize 1.53 billion 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 outstanding deposits, commercial banks, of which: household sector in Grenada?
- Outstanding deposits, commercial banks, of which: household sector in Grenada was 2.13 billion in 2024, according to International Monetary Fund.
- What is the highest outstanding deposits, commercial banks, of which: household sector recorded in Grenada?
- The highest recorded value was 2.13 billion in 2024.
- What is the lowest outstanding deposits, commercial banks, of which: household sector recorded in Grenada?
- The lowest recorded value was 1.10 billion in 2005.
- How does Grenada rank for outstanding deposits, commercial banks, of which: household sector?
- Grenada ranks 115th out of 127 countries with data for 2024.
- Is outstanding deposits, commercial banks, of which: household sector rising or falling in Grenada?
- Over the last ten years it is up 46.7%. 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 Outstanding Deposits, Commercial Banks, of Which: Household Sector Deposits. Statizoid updates them automatically from the source API.
Download this data
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About this data
Gender-disaggregated data on access to and use of financial services.