Real interest rate — all countries

Real interest rate — Grenada

Real interest rate in Grenada in 2025 — 6.16%. Ranked 25 in the world out of 67. Since 1982, the indicator has fallen by 1.67 pp.

2025 6.16% −2.09 pp vs 2024
World rank 25of 67
Period maximum 12.31%1990
Period minimum 1.56%2008

Trend over time

1982–2025 · % per annum

Real interest rate — Grenada, 1982–202505101519821987199219972002200720122017202220251982: 7.84%1983: 10.78%1984: 5.36%1985: 4.28%1986: 8.78%1987: 7.85%1988: 5.21%1989: 3.05%1990: 12.31%1991: 5.28%1992: 7.7%1993: 9.77%1994: 7.59%1995: 7.78%1996: 7.13%1997: 9.29%1998: 9.82%1999: 10.38%2000: 8.49%2001: 7.87%2002: 10.9%2003: 12.13%2004: 7.99%2005: 7.39%2006: 4.99%2007: 7.27%2008: 1.56%2009: 11%2010: 10.05%2011: 10.44%2012: 5.58%2013: 6.17%2014: 8.35%2015: 6.04%2016: 5.84%2017: 6.68%2018: 8.6%2019: 4.11%2020: 7.15%2021: 3.72%2022: 4.72%2023: 2.37%2024: 8.25%2025: 6.16%
Change over the period: −1.67 pp Annual average: -0.04 pp
Real interest rate — Grenada, by year Grenada All countries CSV XLSX
Year % Change, pp
2025 6.16 −2.09 pp
2024 8.25 +5.88 pp
2023 2.37 −2.35 pp
2022 4.72 +1 pp
2021 3.72 −3.44 pp
2020 7.15 +3.05 pp
2019 4.11 −4.49 pp
2018 8.6 +1.92 pp
2017 6.68 +0.85 pp
2016 5.84 −0.2 pp
2015 6.04 −2.31 pp
2014 8.35 +2.18 pp
2013 6.17 +0.59 pp
2012 5.58 −4.86 pp
2011 10.44 +0.39 pp
2010 10.05 −0.96 pp
2009 11 +9.45 pp
2008 1.56 −5.71 pp
2007 7.27 +2.28 pp
2006 4.99 −2.4 pp
2005 7.39 −0.6 pp
2004 7.99 −4.14 pp
2003 12.13 +1.24 pp
2002 10.9 +3.02 pp
2001 7.87 −0.62 pp
2000 8.49 −1.89 pp
1999 10.38 +0.56 pp
1998 9.82 +0.54 pp
1997 9.29 +2.16 pp
1996 7.13 −0.66 pp
1995 7.78 +0.19 pp
1994 7.59 −2.17 pp
1993 9.77 +2.06 pp
1992 7.7 +2.42 pp
1991 5.28 −7.03 pp
1990 12.31 +9.25 pp
1989 3.05 −2.16 pp
1988 5.21 −2.64 pp
1987 7.85 −0.94 pp
1986 8.78 +4.5 pp
1985 4.28 −1.08 pp
1984 5.36 −5.42 pp
1983 10.78 +2.95 pp
1982 7.84

About the indicator

The lending interest rate adjusted for inflation by the GDP deflator. It shows the real cost of borrowed funds for the economy. Negative values mean that inflation erodes debt faster than interest accrues on it — a situation that favors borrowers and works against lenders and depositors.

Important: There are no aggregates for country groups: a weight by the volume of credit is needed, and we do not have it. The rate is already net of inflation, so negative values are normal — they mean borrowing costs less than inflation erodes.

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