Deposit interest rate — all countries

Deposit interest rate — Grenada

Deposit interest rate in Grenada in 2025 — 0.95%. Ranked 60 in the world out of 70. Since 1982, the indicator has fallen by 1.24 pp.

2025 0.95% −0 pp vs 2024
World rank 60of 70
Period maximum 4.3%1999
Period minimum 0.89%2022

Trend over time

1982–2025 · % per annum

Deposit interest rate — Grenada, 1982–2025024619821987199219972002200720122017202220251982: 2.19%1983: 3.08%1984: 3.65%1985: 3.65%1986: 2.82%1987: 3.06%1988: 2.96%1989: 2.75%1990: 3.4%1991: 3.74%1992: 3.67%1993: 3.88%1994: 3.61%1995: 3.67%1996: 3.74%1997: 3.93%1998: 4.16%1999: 4.3%2000: 4.24%2001: 4.23%2002: 3.59%2003: 3.39%2004: 3.32%2005: 2.87%2006: 2.95%2007: 3.13%2008: 3.23%2009: 3.27%2010: 3.08%2011: 3.11%2012: 2.86%2013: 2.64%2014: 2.4%2015: 1.83%2016: 1.54%2017: 1.45%2018: 1.39%2019: 1.34%2020: 1.17%2021: 1.17%2022: 0.89%2023: 0.9%2024: 0.95%2025: 0.95%
Change over the period: −1.24 pp Annual average: -0.03 pp
Deposit interest rate — Grenada, by year Grenada All countries CSV XLSX
Year % Change, pp
2025 0.95 −0 pp
2024 0.95 +0.05 pp
2023 0.9 +0.01 pp
2022 0.89 −0.28 pp
2021 1.17 +0 pp
2020 1.17 −0.17 pp
2019 1.34 −0.05 pp
2018 1.39 −0.06 pp
2017 1.45 −0.09 pp
2016 1.54 −0.29 pp
2015 1.83 −0.57 pp
2014 2.4 −0.24 pp
2013 2.64 −0.22 pp
2012 2.86 −0.25 pp
2011 3.11 +0.03 pp
2010 3.08 −0.19 pp
2009 3.27 +0.04 pp
2008 3.23 +0.1 pp
2007 3.13 +0.17 pp
2006 2.95 +0.08 pp
2005 2.87 −0.45 pp
2004 3.32 −0.07 pp
2003 3.39 −0.21 pp
2002 3.59 −0.64 pp
2001 4.23 −0.01 pp
2000 4.24 −0.07 pp
1999 4.3 +0.15 pp
1998 4.16 +0.23 pp
1997 3.93 +0.19 pp
1996 3.74 +0.07 pp
1995 3.67 +0.06 pp
1994 3.61 −0.27 pp
1993 3.88 +0.21 pp
1992 3.67 −0.07 pp
1991 3.74 +0.34 pp
1990 3.4 +0.65 pp
1989 2.75 −0.2 pp
1988 2.96 −0.1 pp
1987 3.06 +0.24 pp
1986 2.82 −0.83 pp
1985 3.65 +0 pp
1984 3.65 +0.57 pp
1983 3.08 +0.89 pp
1982 2.19

About the indicator

The average rate banks pay on time deposits of residents. Set against inflation it shows whether savings keep their purchasing power: if the deposit rate is below inflation, the real return on deposits is negative.

Important: There are no aggregates for country groups: the correct weight is the volume of deposits, and we have no such series. Adding rates without weights is meaningless: the rate of a country with a tiny banking system would weigh as much as that of a large one.

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