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Credit to the private sector — all countries

Credit to the private sector — Grenada

Credit to the private sector in Grenada in 2025 — 57.54%. Ranked 28 in the world out of 87. Since 1977, the indicator has risen by 31.21 pp.

2025 57.54% +1.85 pp vs 2024
World rank 28of 87
Period maximum 84.88%2011
Period minimum 20.68%1984

Trend over time

1977–2025 · % of GDP

Credit to the private sector — Grenada, 1977–20250255075100197719821987199219972002200720122017202220251977: 26.33%1978: 25.18%1979: 23.31%1980: 24.16%1981: 24.05%1982: 23.27%1983: 21.4%1984: 20.68%1985: 24.22%1986: 30.02%1987: 32.51%1988: 33.33%1989: 37.82%1990: 36.06%1991: 35.41%1992: 37.62%1993: 49.45%1994: 47.23%1995: 47.33%1996: 49.99%1997: 55.52%1998: 56.87%1999: 59%2000: 62.56%2001: 63.08%2002: 61.43%2003: 58.46%2004: 61.62%2005: 57.95%2006: 64.88%2007: 68.79%2008: 70.08%2009: 79.38%2010: 83.98%2011: 84.88%2012: 82.8%2013: 74.26%2014: 65.21%2015: 57.32%2016: 53.72%2017: 51.07%2018: 50.65%2019: 49.55%2020: 59.4%2021: 57.32%2022: 53.63%2023: 50.99%2024: 55.69%2025: 57.54%
Change over the period: +31.21 pp Annual average: 0.65 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Grenada

Grenada 57.54%
Latin America & Caribbean 52.57%
Upper-middle-income countries computed 53.85%
Credit to the private sector — Grenada, by year Grenada All countries CSV XLSX
Year % Change, pp
2025 57.54 +1.85 pp
2024 55.69 +4.7 pp
2023 50.99 −2.64 pp
2022 53.63 −3.69 pp
2021 57.32 −2.08 pp
2020 59.4 +9.85 pp
2019 49.55 −1.1 pp
2018 50.65 −0.42 pp
2017 51.07 −2.66 pp
2016 53.72 −3.6 pp
2015 57.32 −7.88 pp
2014 65.21 −9.05 pp
2013 74.26 −8.55 pp
2012 82.8 −2.07 pp
2011 84.88 +0.9 pp
2010 83.98 +4.6 pp
2009 79.38 +9.3 pp
2008 70.08 +1.28 pp
2007 68.79 +3.92 pp
2006 64.88 +6.93 pp
2005 57.95 −3.67 pp
2004 61.62 +3.15 pp
2003 58.46 −2.97 pp
2002 61.43 −1.65 pp
2001 63.08 +0.52 pp
2000 62.56 +3.56 pp
1999 59 +2.13 pp
1998 56.87 +1.35 pp
1997 55.52 +5.53 pp
1996 49.99 +2.66 pp
1995 47.33 +0.1 pp
1994 47.23 −2.22 pp
1993 49.45 +11.83 pp
1992 37.62 +2.21 pp
1991 35.41 −0.65 pp
1990 36.06 −1.76 pp
1989 37.82 +4.49 pp
1988 33.33 +0.82 pp
1987 32.51 +2.49 pp
1986 30.02 +5.81 pp
1985 24.22 +3.54 pp
1984 20.68 −0.72 pp
1983 21.4 −1.86 pp
1982 23.27 −0.79 pp
1981 24.05 −0.11 pp
1980 24.16 +0.85 pp
1979 23.31 −1.87 pp
1978 25.18 −1.15 pp
1977 26.33 —

Caribbean, 2025

The same indicator for neighboring countries — with links to their pages

KN Saint Kitts and Nevis 65.03 GD Grenada 57.54 LC Saint Lucia 51.74 TT Trinidad and Tobago 50.36 JM Jamaica 45.88 DM Dominica 38.09 AG Antigua and Barbuda 37.42 VC Saint Vincent and the Grenadines 36.57 DO Dominican Republic 32.85 HT Haiti 3.21
Full table for all countries

About the indicator

Domestic credit to the private sector by financial institutions as a percent of GDP: loans, purchases of non-equity securities, trade credit and other accounts receivable. An indicator of financial development, but of potential risk as well: growth that is too fast relative to GDP is one of the most reliable precursors of banking crises.

Source: World Economic Outlook (IMF), license IMF open data.

Other indicators for Grenada

Finance Broad money (% of GDP)

The amount of money in the economy as a percent of GDP — the depth of the financial system.

Grenada by year Finance Lending interest rate

The average rate at which banks lend to businesses and households.

Grenada by year Finance Bank branches

How many bank branches there are per 100,000 adults.

Grenada by year
All indicators for Grenada