Lending interest rate — all countries

Lending interest rate — Grenada

Lending interest rate in Grenada in 2025 — 6.86%. Ranked 22 in the world out of 69. Since 1982, the indicator has fallen by 5.46 pp.

2025 6.86% −0.03 pp vs 2024
World rank 22of 69
Period maximum 13.5%1986
Period minimum 6.44%2022

Trend over time

1982–2025 · % per annum

Lending interest rate — Grenada, 1982–20256810121419821987199219972002200720122017202220251982: 12.33%1983: 12.33%1984: 12.33%1985: 13.4%1986: 13.5%1987: 13.3%1988: 12.33%1989: 12.33%1990: 12.33%1991: 12.3%1992: 12.02%1993: 11.83%1994: 11.03%1995: 11.08%1996: 9.99%1997: 11.24%1998: 11.73%1999: 11.62%2000: 11.6%2001: 10.19%2002: 11.31%2003: 12.05%2004: 10.18%2005: 10.07%2006: 9.85%2007: 9.76%2008: 9.53%2009: 10.99%2010: 10.58%2011: 10.69%2012: 9.73%2013: 9.27%2014: 9.19%2015: 8.96%2016: 8.64%2017: 8.31%2018: 7.84%2019: 7.57%2020: 6.83%2021: 6.55%2022: 6.44%2023: 6.93%2024: 6.89%2025: 6.86%
Change over the period: −5.46 pp Annual average: -0.13 pp
Lending interest rate — Grenada, by year Grenada All countries CSV XLSX
Year % Change, pp
2025 6.86 −0.03 pp
2024 6.89 −0.04 pp
2023 6.93 +0.49 pp
2022 6.44 −0.11 pp
2021 6.55 −0.29 pp
2020 6.83 −0.74 pp
2019 7.57 −0.26 pp
2018 7.84 −0.48 pp
2017 8.31 −0.32 pp
2016 8.64 −0.33 pp
2015 8.96 −0.22 pp
2014 9.19 −0.08 pp
2013 9.27 −0.46 pp
2012 9.73 −0.96 pp
2011 10.69 +0.11 pp
2010 10.58 −0.42 pp
2009 10.99 +1.46 pp
2008 9.53 −0.23 pp
2007 9.76 −0.1 pp
2006 9.85 −0.21 pp
2005 10.07 −0.12 pp
2004 10.18 −1.86 pp
2003 12.05 +0.74 pp
2002 11.31 +1.12 pp
2001 10.19 −1.41 pp
2000 11.6 −0.02 pp
1999 11.62 −0.11 pp
1998 11.73 +0.5 pp
1997 11.24 +1.24 pp
1996 9.99 −1.08 pp
1995 11.08 +0.05 pp
1994 11.03 −0.8 pp
1993 11.83 −0.19 pp
1992 12.02 −0.28 pp
1991 12.3 −0.02 pp
1990 12.33 +0 pp
1989 12.33 +0 pp
1988 12.33 −0.98 pp
1987 13.3 −0.2 pp
1986 13.5 +0.1 pp
1985 13.4 +1.08 pp
1984 12.33 +0 pp
1983 12.33 +0 pp
1982 12.33

About the indicator

The average rate at which banks extend short- and medium-term credit to the private sector. The methodology differs across countries — different maturities, types of borrower, collateral — so levels are not strictly comparable; the movement within a country, on the other hand, is telling and tracks the decisions of the central bank closely.

Important: There are no aggregates for country groups: rates can only be averaged by the volume of credit, and we have no such series. The difference between the lending and the deposit rate is the interest spread, an indirect measure of the efficiency of a banking system.

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