Secondary income balance (credit less debit), Net (credits less) in Grenada
Grenada: Secondary income balance (credit less debit), Net (credits less) was -6.24 million in 2024. ◆ Volatile
Secondary income balance (credit less debit), Net (credits less) in Grenada, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, secondary income balance (credit less debit), net (credits less) in Grenada stood at -6.24 million.
Compared with earlier readings it is up 27.2% on the previous year and up 23.3% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Grenada peaked at 23.07 million in 2005 and was at its lowest, -15.59 million, in 2016.
That places Grenada 137th out of 197 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income balance (credit less debit), Net (credits less) in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 23.07 million | — |
| 2006 | 11.10 million | -51.9% |
| 2007 | -4.93 million | -144.5% |
| 2008 | 4.42 million | -189.5% |
| 2009 | 13.47 million | +204.8% |
| 2010 | 9.41 million | -30.1% |
| 2011 | 1.05 million | -88.9% |
| 2012 | -1.69 million | -261.4% |
| 2013 | -8.47 million | +400.9% |
| 2014 | -8.14 million | -3.8% |
| 2015 | -11.46 million | +40.7% |
| 2016 | -15.59 million | +36.1% |
| 2017 | -3.28 million | -79.0% |
| 2018 | -9.94 million | +203.4% |
| 2019 | 11.52 million | -215.9% |
| 2020 | 19.52 million | +69.6% |
| 2021 | 21.34 million | +9.3% |
| 2022 | 15.81 million | -25.9% |
| 2023 | -8.58 million | -154.3% |
| 2024 | -6.24 million | -27.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.42 million | -4.93 million | 23.07 million | 5 |
| 2010s | -3.66 million | -15.59 million | 11.52 million | 10 |
| 2020s | 8.37 million | -8.58 million | 21.34 million | 5 |
Countries ranked near Grenada
- 134 Naoero 10.41 million compare
- 135 Djibouti 9.30 million compare
- 136 San Marino -5.30 million compare
- 138 Anguilla -8.25 million compare
- 139 Saint Kitts and Nevis -18.27 million compare
- 140 Seychelles -21.17 million compare
More financial sector data for Grenada
- Total reserves in months of imports, annual growth rate -6.35 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -7.03 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.2075 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 2,512 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -8.17 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 2,541 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate -8.17 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 2,541 SDR per person (2025)
Frequently asked questions
- What is secondary income balance (credit less debit), net (credits less) in Grenada?
- Secondary income balance (credit less debit), net (credits less) in Grenada was -6.24 million in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Grenada?
- The highest recorded value was 23.07 million in 2005.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Grenada?
- The lowest recorded value was -15.59 million in 2016.
- How does Grenada rank for secondary income balance (credit less debit), net (credits less)?
- Grenada ranks 137th out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Grenada?
- Over the last ten years it is up 23.3%. 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 Secondary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.