Risk premium on lending (lending rate minus treasury bill rate, %) in Grenada
Grenada: Risk premium on lending (lending rate minus treasury bill rate, %) was 4.2% in 2018. ▼ Falling
Risk premium on lending in Grenada, 2010–2018
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus treasury bill rate, %.
Analysis
In 2018, risk premium on lending in Grenada stood at 4.2%.
That represents a change of down 10.2% on the previous year and down 3.5% over ten years.
Over the whole period, risk premium on lending in Grenada peaked at 4.8% in 2011 and was at its lowest, 3.1%, in 2015.
Grenada ranks 43rd of 86 countries on this measure, in the middle of the range.
Risk premium on lending (lending rate minus treasury bill rate, %) in Grenada, year by year
| Year | lending rate minus treasury bill rate, % | Change |
|---|---|---|
| 2010 | 4.3% | — |
| 2011 | 4.8% | +10.3% |
| 2012 | 3.7% | -21.8% |
| 2013 | 3.3% | -12.3% |
| 2014 | 3.2% | -2.6% |
| 2015 | 3.1% | -2.9% |
| 2016 | 3.4% | +8.7% |
| 2017 | 4.7% | +38.3% |
| 2018 | 4.2% | -10.2% |
Grenada compared with similar countries
- Grenada's 4.2% is below the median for upper middle income countries, which is 4.3%, 97% of the median. (29 countries reporting)
- Grenada's 4.2% is below the median for Latin America & Caribbean, which is 5.9%, 70% of the median. (16 countries reporting)
Countries ranked near Grenada
- 40 Lesotho 4.3% compare
- 41 Mauritius 4.3% compare
- 42 Trinidad and Tobago 4.2% compare
- 44 Malta 4.1%
- 45 Papua New Guinea 4.1% compare
- 46 South Africa 3.5% 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 risk premium on lending in Grenada?
- Risk premium on lending in Grenada was 4.2% in 2018, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest risk premium on lending recorded in Grenada?
- The highest recorded value was 4.8% in 2011.
- What is the lowest risk premium on lending recorded in Grenada?
- The lowest recorded value was 3.1% in 2015.
- How does Grenada rank for risk premium on lending?
- Grenada ranks 43rd out of 86 countries with data for 2018.
- Is risk premium on lending rising or falling in Grenada?
- Over the last ten years it is down 3.5%. 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 Risk premium on lending (lending rate minus treasury bill rate, %). Statizoid updates them automatically from the source API.
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About this data
Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the "risk free" treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.