Real interest rate in Grenada
Grenada: Real interest rate was 6.2% in 2025. ▼ Falling
Real interest rate in Grenada, 1982–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2025, real interest rate in Grenada stood at 6.2%.
That represents a change of down 25.3% on the previous year and up 2.1% over ten years.
Over the whole period, real interest rate in Grenada peaked at 12.3% in 1990 and was at its lowest, 1.6%, in 2008.
That places Grenada 56th out of 149 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.
Real interest rate in Grenada, year by year
| Year | % | Change |
|---|---|---|
| 1982 | 7.8% | — |
| 1983 | 10.8% | +37.6% |
| 1984 | 5.4% | -50.3% |
| 1985 | 4.3% | -20.1% |
| 1986 | 8.8% | +105.3% |
| 1987 | 7.8% | -10.7% |
| 1988 | 5.2% | -33.6% |
| 1989 | 3.1% | -41.4% |
| 1990 | 12.3% | +303.0% |
| 1991 | 5.3% | -57.1% |
| 1992 | 7.7% | +45.9% |
| 1993 | 9.8% | +26.8% |
| 1994 | 7.6% | -22.2% |
| 1995 | 7.8% | +2.5% |
| 1996 | 7.1% | -8.4% |
| 1997 | 9.3% | +30.3% |
| 1998 | 9.8% | +5.8% |
| 1999 | 10.4% | +5.7% |
| 2000 | 8.5% | -18.2% |
| 2001 | 7.9% | -7.3% |
| 2002 | 10.9% | +38.4% |
| 2003 | 12.1% | +11.4% |
| 2004 | 8.0% | -34.1% |
| 2005 | 7.4% | -7.5% |
| 2006 | 5.0% | -32.5% |
| 2007 | 7.3% | +45.7% |
| 2008 | 1.6% | -78.6% |
| 2009 | 11.0% | +605.9% |
| 2010 | 10.0% | -8.7% |
| 2011 | 10.4% | +3.9% |
| 2012 | 5.6% | -46.5% |
| 2013 | 6.2% | +10.5% |
| 2014 | 8.3% | +35.3% |
| 2015 | 6.0% | -27.7% |
| 2016 | 5.8% | -3.3% |
| 2017 | 6.7% | +14.5% |
| 2018 | 8.6% | +28.7% |
| 2019 | 4.1% | -52.2% |
| 2020 | 7.2% | +74.2% |
| 2021 | 3.7% | -48.1% |
| 2022 | 4.7% | +27.0% |
| 2023 | 2.4% | -49.8% |
| 2024 | 8.2% | +248.2% |
| 2025 | 6.2% | -25.3% |
Grenada compared with similar countries
- Grenada's 6.2% is above the median for upper middle income countries, which is 5.2%, 1.2× the median. (49 countries reporting)
- Grenada's 6.2% is above the median for Latin America & Caribbean, which is 4.6%, 1.3× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Real interest 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 |
|---|---|---|---|
| 2009 | +605.9% | 1.6% | 11.0% |
| 1990 | +303.0% | 3.1% | 12.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.6% | 3.1% | 10.8% | 8 |
| 1990s | 8.7% | 5.3% | 12.3% | 10 |
| 2000s | 8.0% | 1.6% | 12.1% | 10 |
| 2010s | 7.2% | 4.1% | 10.4% | 10 |
| 2020s | 5.4% | 2.4% | 8.2% | 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 real interest rate in Grenada?
- Real interest rate in Grenada was 6.2% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real interest rate recorded in Grenada?
- The highest recorded value was 12.3% in 1990.
- What is the lowest real interest rate recorded in Grenada?
- The lowest recorded value was 1.6% in 2008.
- How does Grenada rank for real interest rate?
- Grenada ranks 56th out of 149 countries with data for 2025.
- Is real interest rate rising or falling in Grenada?
- Over the last ten years it is up 2.1%. The long-run trend across the full record is falling.
- Where does this Grenada data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real interest rate (%). Statizoid updates them automatically from the source API.
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About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.