Services balance (credit less debit), Net (credits less debits) in Grenada
Grenada: Services balance (credit less debit), Net (credits less debits) was 359.77 million in 2024. β² Rising
Services balance (credit less debit), Net (credits less debits) in Grenada, 2005β2024
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.
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
- 80 Bermuda 503.69 million compare
- 81 Lao People's Democratic Republic 464.80 million compare
- 82 Djibouti 443.45 million compare
- 84 San Marino, Republic of 351.41 million compare
- 85 Gambia, The 323.63 million compare
- 86 Anguilla, United Kingdom-British Overseas Territory 321.50 million compare
More financial sector data for Grenada
- Net domestic credit (current LCU), per capita 13,150 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 1.09 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 30.78 % change on previous year (2025)
- Reserves excluding gold, foreign exchange 294.62 million SDR (2025)
- Reserves excluding gold 298.03 million SDR (2025)
- Total reserves (gold at market value) 298.03 million SDR (2025)
- Total reserves (gold at national valuation) 298.03 million SDR (2025)
- Domestic credit to private sector by banks 57.5% (2025)
- Total reserves in months of imports 4.36 (2025)
- Net domestic credit 1.54 billion current LCU (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 Β· JSON β 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.