Savings rate, Foreign Currency, Rate, Percent per annum in Grenada
Grenada: Savings rate, Foreign Currency, Rate, Percent per annum was 0.3444 in 2025. ◆ Volatile
Savings rate, Foreign Currency, Rate, Percent per annum in Grenada, 2003–2025
Source: International Monetary Fund.
Analysis
Grenada recorded 0.3444 for savings rate, foreign currency, rate, percent per annum in 2025.
That represents a change of up 2.0% on the previous year and down 21.9% over ten years.
Over the whole period, savings rate, foreign currency, rate, percent per annum in Grenada peaked at 3.43 in 2003 and was at its lowest, 0.2276, in 2020.
That places Grenada 11th out of 21 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Savings rate, Foreign Currency, Rate, Percent per annum in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 3.43 | — |
| 2004 | 1.17 | -66.0% |
| 2005 | 0.9985 | -14.6% |
| 2006 | 1.72 | +71.8% |
| 2007 | 2.1 | +22.5% |
| 2008 | 1.27 | -39.6% |
| 2009 | 1.28 | +0.9% |
| 2010 | 0.7094 | -44.6% |
| 2011 | 0.6241 | -12.0% |
| 2012 | 0.5728 | -8.2% |
| 2013 | 0.5345 | -6.7% |
| 2014 | 0.5845 | +9.4% |
| 2015 | 0.4407 | -24.6% |
| 2016 | 0.44 | -0.2% |
| 2017 | 0.45 | +2.3% |
| 2018 | 0.4193 | -6.8% |
| 2019 | 0.2324 | -44.6% |
| 2020 | 0.2276 | -2.1% |
| 2021 | 0.2764 | +21.5% |
| 2022 | 0.2903 | +5.0% |
| 2023 | 0.3157 | +8.8% |
| 2024 | 0.3375 | +6.9% |
| 2025 | 0.3444 | +2.0% |
Grenada compared with similar countries
- Grenada's 0.3444 is above the median for Latin America & Caribbean, which is 0.2843, 1.2× the median. (13 countries reporting)
- Grenada's 0.3444 is above the median for upper middle income countries, which is 0.2711, 1.3× the median. (9 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.71 | 0.9985 | 3.43 | 7 |
| 2010s | 0.5008 | 0.2324 | 0.7094 | 10 |
| 2020s | 0.2987 | 0.2276 | 0.3444 | 6 |
Countries ranked near Grenada
- 8 Honduras 1.15 compare
- 9 Dominica 0.9897 compare
- 10 Nicaragua 0.9446 compare
- 12 Antigua and Barbuda 0.3175 compare
- 13 Saint Kitts and Nevis 0.2843 compare
- 14 Philippines 0.2711 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 savings rate, foreign currency, rate, percent per annum in Grenada?
- Savings rate, foreign currency, rate, percent per annum in Grenada was 0.3444 in 2025, according to International Monetary Fund.
- What is the highest savings rate, foreign currency, rate, percent per annum recorded in Grenada?
- The highest recorded value was 3.43 in 2003.
- What is the lowest savings rate, foreign currency, rate, percent per annum recorded in Grenada?
- The lowest recorded value was 0.2276 in 2020.
- How does Grenada rank for savings rate, foreign currency, rate, percent per annum?
- Grenada ranks 11th out of 21 countries with data for 2025.
- Is savings rate, foreign currency, rate, percent per annum rising or falling in Grenada?
- Over the last ten years it is down 21.9%. The long-run trend across the full record is volatile.
- Where does this Grenada data come from?
- The figures come from International Monetary Fund, published as part of Savings rate, Foreign Currency, 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.