Current account balance — all countries

Current account balance — Grenada

Current account balance in Grenada in 2031 — -14.1%. Ranked 180 in the world out of 188. Since 2014, the indicator has fallen by 5 pp.

2031 -14.1% +0.1 pp vs 2030
World rank 180of 188
Period maximum -8.8%2016
Period minimum -21.9%2024

Trend over time

2014–2031 · % of GDP

Current account balance — Grenada, 2014–2031-25-20-15-10-520142016201820202022202420262028203020312014: -9.1%2015: -10.6%2016: -8.8%2017: -11.5%2018: -12.8%2019: -10.3%2020: -16.1%2021: -14.4%2022: -12.1%2023: -20.3%2024: -21.9%2025: -17.8%2026: -18.3%2027: -15.9%2028: -15%2029: -14.3%2030: -14.2%2031: -14.1%
Change over the period: −5 pp Annual average: -0.29 pp

Comparison, 2031

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

Grenada -14.1%
World computed 0.28%
Latin America & Caribbean computed -1.17%
Current account balance — Grenada, by year Grenada All countries CSV XLSX
Year % Change, pp
2031 -14.1 +0.1 pp
2030 -14.2 +0.1 pp
2029 -14.3 +0.7 pp
2028 -15 +0.9 pp
2027 -15.9 +2.4 pp
2026 -18.3 −0.5 pp
2025 -17.8 +4.1 pp
2024 -21.9 −1.6 pp
2023 -20.3 −8.2 pp
2022 -12.1 +2.3 pp
2021 -14.4 +1.7 pp
2020 -16.1 −5.8 pp
2019 -10.3 +2.5 pp
2018 -12.8 −1.3 pp
2017 -11.5 −2.7 pp
2016 -8.8 +1.8 pp
2015 -10.6 −1.5 pp
2014 -9.1

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

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