Savings Rate, Percent per annum in Grenada
Grenada: Savings Rate, Percent per annum was 1.93 in 2025. ▼ Falling
Savings Rate, Percent per annum in Grenada, 1982–2025
Source: International Monetary Fund.
Analysis
In 2025, savings rate, percent per annum in Grenada stood at 1.93.
That represents a change of up 0.4% on the previous year and down 20.0% over ten years.
Over the whole period, savings rate, percent per annum in Grenada peaked at 3.99 in 1998 and was at its lowest, 1.64, in 2022.
Grenada ranks 32nd of 63 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 44 years of available data.
Savings Rate, Percent per annum in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 1982 | 2.99 | — |
| 1983 | 2.66 | -11.1% |
| 1984 | 2.72 | +2.1% |
| 1985 | 3.16 | +16.3% |
| 1986 | 3.33 | +5.3% |
| 1987 | 3.33 | +0.0% |
| 1988 | 3.33 | +0.0% |
| 1989 | 3.33 | +0.0% |
| 1990 | 3.27 | -1.7% |
| 1991 | 3.33 | +1.7% |
| 1992 | 3.33 | +0.0% |
| 1993 | 3.33 | +0.0% |
| 1994 | 3.63 | +9.2% |
| 1995 | 3.33 | -8.4% |
| 1996 | 3.33 | +0.0% |
| 1997 | 3.55 | +6.7% |
| 1998 | 3.99 | +12.5% |
| 1999 | 3.99 | +0.0% |
| 2000 | 3.99 | +0.0% |
| 2001 | 3.99 | +0.0% |
| 2002 | 3.88 | -2.8% |
| 2003 | 3.27 | -15.8% |
| 2004 | 3.53 | +7.9% |
| 2005 | 3.28 | -7.1% |
| 2006 | 3.26 | -0.7% |
| 2007 | 3.28 | +0.6% |
| 2008 | 3.28 | +0.1% |
| 2009 | 3.16 | -3.6% |
| 2010 | 2.98 | -5.6% |
| 2011 | 3.13 | +4.8% |
| 2012 | 3.06 | -2.0% |
| 2013 | 3.04 | -0.7% |
| 2014 | 3.03 | -0.3% |
| 2015 | 2.41 | -20.6% |
| 2016 | 2.21 | -8.2% |
| 2017 | 2.22 | +0.5% |
| 2018 | 2.22 | +0.1% |
| 2019 | 2.2 | -0.9% |
| 2020 | 1.94 | -11.9% |
| 2021 | 1.94 | +0.2% |
| 2022 | 1.64 | -15.5% |
| 2023 | 1.78 | +8.5% |
| 2024 | 1.92 | +7.7% |
| 2025 | 1.93 | +0.4% |
Grenada compared with similar countries
- Grenada's 1.93 is above the median for upper middle income countries, which is 1.91, 1.0× the median. (25 countries reporting)
- Grenada's 1.93 is above the median for Latin America & Caribbean, which is 1.66, 1.2× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.1 | 2.66 | 3.33 | 8 |
| 1990s | 3.51 | 3.27 | 3.99 | 10 |
| 2000s | 3.49 | 3.16 | 3.99 | 10 |
| 2010s | 2.65 | 2.2 | 3.13 | 10 |
| 2020s | 1.86 | 1.64 | 1.94 | 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 savings rate, percent per annum in Grenada?
- Savings rate, percent per annum in Grenada was 1.93 in 2025, according to International Monetary Fund.
- What is the highest savings rate, percent per annum recorded in Grenada?
- The highest recorded value was 3.99 in 1998.
- What is the lowest savings rate, percent per annum recorded in Grenada?
- The lowest recorded value was 1.64 in 2022.
- How does Grenada rank for savings rate, percent per annum?
- Grenada ranks 32nd out of 63 countries with data for 2025.
- Is savings rate, percent per annum rising or falling in Grenada?
- Over the last ten years it is down 20.0%. The long-run trend across the full record is falling.
- Where does this Grenada data come from?
- The figures come from International Monetary Fund, published as part of Savings 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.