Services balance (credit less debit), Net (credits less debits) (US) in Grenada
Grenada: Services balance (credit less debit), Net (credits less debits) (US) was 359.77 million in 2024. ▲ Rising
Services balance (credit less debit), Net (credits less debits) in Grenada, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services balance (credit less debit), net (credits less debits) in Grenada stood at 359.77 million.
That represents a change of down 1.5% on the previous year and up 34.8% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Grenada peaked at 378.18 million in 2022 and was at its lowest, 38.93 million, in 2005.
Grenada ranks 83rd of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Services balance (credit less debit), Net (credits less debits) (US) in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 38.93 million | — |
| 2006 | 56.37 million | +44.8% |
| 2007 | 132.72 million | +135.5% |
| 2008 | 142.60 million | +7.4% |
| 2009 | 157.63 million | +10.5% |
| 2010 | 169.63 million | +7.6% |
| 2011 | 185.77 million | +9.5% |
| 2012 | 218.60 million | +17.7% |
| 2013 | 226.51 million | +3.6% |
| 2014 | 266.99 million | +17.9% |
| 2015 | 285.31 million | +6.9% |
| 2016 | 287.28 million | +0.7% |
| 2017 | 323.38 million | +12.6% |
| 2018 | 339.91 million | +5.1% |
| 2019 | 354.28 million | +4.2% |
| 2020 | 201.14 million | -43.2% |
| 2021 | 264.50 million | +31.5% |
| 2022 | 378.18 million | +43.0% |
| 2023 | 365.24 million | -3.4% |
| 2024 | 359.77 million | -1.5% |
Grenada compared with similar countries
- Grenada's 359.77 million is above the median for upper middle income countries, which is 5.85 million, 61.4× the median. (54 countries reporting)
- Grenada's 359.77 million is above the median for Latin America & Caribbean, which is 169.67 million, 2.1× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Services balance (credit less debit), Net (credits less debits) (US) 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 |
|---|---|---|---|
| 2007 | +135.5% | 56.37 million | 132.72 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 105.65 million | 38.93 million | 157.63 million | 5 |
| 2010s | 265.77 million | 169.63 million | 354.28 million | 10 |
| 2020s | 313.77 million | 201.14 million | 378.18 million | 5 |
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 services balance (credit less debit), net (credits less debits) in Grenada?
- Services balance (credit less debit), net (credits less debits) in Grenada was 359.77 million in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Grenada?
- The highest recorded value was 378.18 million in 2022.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Grenada?
- The lowest recorded value was 38.93 million in 2005.
- How does Grenada rank for services balance (credit less debit), net (credits less debits)?
- Grenada ranks 83rd out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Grenada?
- Over the last ten years it is up 34.8%. The long-run trend across the full record is rising.
- Where does this Grenada data come from?
- The figures come from International Monetary Fund, published as part of Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.