Services, Credit/Revenue in Grenada
Grenada: Services, Credit/Revenue was 788.53 million in 2024. ▲ Rising
Services, Credit/Revenue in Grenada, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services, credit/revenue in Grenada stood at 788.53 million. That is the highest value across all 20 years on record.
The figure is up 4.4% on the previous year and up 82.6% over ten years.
Over the whole period, services, credit/revenue in Grenada peaked at 788.53 million in 2024 and was at its lowest, 161.25 million, in 2005.
Grenada ranks 146th of 198 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, Credit/Revenue in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 161.25 million | — |
| 2006 | 182.44 million | +13.1% |
| 2007 | 272.91 million | +49.6% |
| 2008 | 299.56 million | +9.8% |
| 2009 | 302.54 million | +1.0% |
| 2010 | 311.61 million | +3.0% |
| 2011 | 334.68 million | +7.4% |
| 2012 | 370.10 million | +10.6% |
| 2013 | 386.51 million | +4.4% |
| 2014 | 431.80 million | +11.7% |
| 2015 | 467.07 million | +8.2% |
| 2016 | 486.24 million | +4.1% |
| 2017 | 536.82 million | +10.4% |
| 2018 | 575.76 million | +7.3% |
| 2019 | 613.69 million | +6.6% |
| 2020 | 400.07 million | -34.8% |
| 2021 | 493.63 million | +23.4% |
| 2022 | 645.05 million | +30.7% |
| 2023 | 755.31 million | +17.1% |
| 2024 | 788.53 million | +4.4% |
Grenada compared with similar countries
- Grenada's 788.53 million is below the median for upper middle income countries, which is 5.14 billion, 15% of the median. (54 countries reporting)
- Grenada's 788.53 million is below the median for Latin America & Caribbean, which is 2.65 billion, 30% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Services, Credit/Revenue 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 |
|---|---|---|---|
| 2020 | -34.8% | 613.69 million | 400.07 million |
| 2007 | +49.6% | 182.44 million | 272.91 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 243.74 million | 161.25 million | 302.54 million | 5 |
| 2010s | 451.43 million | 311.61 million | 613.69 million | 10 |
| 2020s | 616.52 million | 400.07 million | 788.53 million | 5 |
Countries ranked near Grenada
- 143 Botswana 934.97 million compare
- 144 Cape Verde 830.15 million compare
- 145 Turks and Caicos Islands 821.02 million compare
- 147 Afghanistan 699.57 million compare
- 148 Libya 642.20 million compare
- 149 Burkina Faso 621.30 million 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 services, credit/revenue in Grenada?
- Services, credit/revenue in Grenada was 788.53 million in 2024, according to International Monetary Fund.
- What is the highest services, credit/revenue recorded in Grenada?
- The highest recorded value was 788.53 million in 2024.
- What is the lowest services, credit/revenue recorded in Grenada?
- The lowest recorded value was 161.25 million in 2005.
- How does Grenada rank for services, credit/revenue?
- Grenada ranks 146th out of 198 countries with data for 2024.
- Is services, credit/revenue rising or falling in Grenada?
- Over the last ten years it is up 82.6%. 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, Credit/Revenue (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.