Total reserves (% of total external debt) in Grenada
Grenada: Total reserves (% of total external debt) was 49.0% in 2024. ▼ Falling
Total reserves in Grenada, 1971–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
In 2024, total reserves in Grenada stood at 49.0%.
Compared with earlier readings it is up 6.9% on the previous year and up 84.2% over ten years.
Over the whole period, total reserves in Grenada peaked at 102.3% in 1976 and was at its lowest, 14.0%, in 1991.
That places Grenada 37th out of 112 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 54 years of available data.
Total reserves (% of total external debt) in Grenada, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1971 | 48.8% | — |
| 1972 | 56.5% | +15.8% |
| 1973 | 55.7% | -1.5% |
| 1974 | 57.8% | +3.8% |
| 1975 | 54.7% | -5.5% |
| 1976 | 102.3% | +87.2% |
| 1977 | 88.2% | -13.8% |
| 1978 | 64.4% | -27.0% |
| 1979 | 54.6% | -15.1% |
| 1980 | 59.9% | +9.7% |
| 1981 | 47.3% | -21.1% |
| 1982 | 20.3% | -57.0% |
| 1983 | 24.2% | +18.9% |
| 1984 | 25.6% | +5.9% |
| 1985 | 34.8% | +36.0% |
| 1986 | 31.5% | -9.6% |
| 1987 | 28.3% | -10.1% |
| 1988 | 18.6% | -34.1% |
| 1989 | 16.8% | -9.6% |
| 1990 | 15.6% | -7.6% |
| 1991 | 14.0% | -9.9% |
| 1992 | 22.1% | +57.2% |
| 1993 | 18.0% | -18.4% |
| 1994 | 24.0% | +33.1% |
| 1995 | 28.7% | +19.6% |
| 1996 | 25.4% | -11.4% |
| 1997 | 36.6% | +44.0% |
| 1998 | 27.2% | -25.6% |
| 1999 | 36.9% | +35.5% |
| 2000 | 28.9% | -21.6% |
| 2001 | 27.1% | -6.2% |
| 2002 | 23.6% | -13.0% |
| 2003 | 22.5% | -4.5% |
| 2004 | 28.3% | +25.7% |
| 2005 | 26.0% | -8.2% |
| 2006 | 22.1% | -15.1% |
| 2007 | 22.7% | +2.7% |
| 2008 | 19.5% | -13.8% |
| 2009 | 23.2% | +18.6% |
| 2010 | 21.3% | -8.3% |
| 2011 | 22.7% | +6.7% |
| 2012 | 20.3% | -10.6% |
| 2013 | 25.7% | +26.5% |
| 2014 | 26.6% | +3.7% |
| 2015 | 32.9% | +23.5% |
| 2016 | 33.3% | +1.4% |
| 2017 | 35.4% | +6.1% |
| 2018 | 40.3% | +14.0% |
| 2019 | 43.1% | +7.0% |
| 2020 | 35.2% | -18.4% |
| 2021 | 38.8% | +10.2% |
| 2022 | 43.5% | +12.4% |
| 2023 | 45.8% | +5.3% |
| 2024 | 49.0% | +6.9% |
Grenada compared with similar countries
- Grenada's 49.0% is above the median for upper middle income countries, which is 38.0%, 1.3× the median. (51 countries reporting)
- Grenada's 49.0% is above the median for Latin America & Caribbean, which is 33.6%, 1.5× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 64.8% | 48.8% | 102.3% | 9 |
| 1980s | 30.7% | 16.8% | 59.9% | 10 |
| 1990s | 24.8% | 14.0% | 36.9% | 10 |
| 2000s | 24.4% | 19.5% | 28.9% | 10 |
| 2010s | 30.1% | 20.3% | 43.1% | 10 |
| 2020s | 42.5% | 35.2% | 49.0% | 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 total reserves in Grenada?
- Total reserves in Grenada was 49.0% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total reserves recorded in Grenada?
- The highest recorded value was 102.3% in 1976.
- What is the lowest total reserves recorded in Grenada?
- The lowest recorded value was 14.0% in 1991.
- How does Grenada rank for total reserves?
- Grenada ranks 37th out of 112 countries with data for 2024.
- Is total reserves rising or falling in Grenada?
- Over the last ten years it is up 84.2%. The long-run trend across the full record is falling.
- Where does this Grenada data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total reserves (% of total external debt). Statizoid updates them automatically from the source API.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a percentage of total external debt which are all liabilities that require payment(s) of interest and/or principal by the debtor at some point(s) in the future and that are owed to non-residents by residents of an economy.