Lending interest rate in Grenada
Grenada: Lending interest rate was 6.9% in 2025. ▼ Falling
Lending interest rate in Grenada, 1982–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for lending interest rate in Grenada is 6.9%, measured in 2025.
That represents a change of down 0.4% on the previous year and down 23.5% over ten years.
Over the whole period, lending interest rate in Grenada peaked at 13.5% in 1986 and was at its lowest, 6.4%, in 2022.
That places Grenada 94th out of 148 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 44 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 12.7% | 12.3% | 13.5% | 8 |
| 1990s | 11.5% | 10.0% | 12.3% | 10 |
| 2000s | 10.6% | 9.5% | 12.0% | 10 |
| 2010s | 9.1% | 7.6% | 10.7% | 10 |
| 2020s | 6.7% | 6.4% | 6.9% | 6 |
Countries ranked near Grenada
- 91 Saint Vincent and the Grenadines 7.1% compare
- 92 Panama 6.9% compare
- 93 Costa Rica 6.9% compare
- 96 Saint Kitts and Nevis 6.5% compare
- 97 Albania 6.4% compare
More financial sector data for Grenada
- Net migration -185 (2025)
- Total reserves in months of imports 4.36 (2025)
- Net domestic credit 1.54 billion current LCU (2025)
- Domestic credit to private sector by banks 57.5% (2025)
- Net foreign assets 2.55 billion current LCU (2025)
- Claims on central government, etc. -19.2% (2025)
- Monetary Sector credit to private sector 57.5% (2025)
- Domestic credit to private sector 57.5% (2025)
- Broad money 92.0% (2025)
- Official exchange rate 2.7 LCU per US$, period average (2025)
Frequently asked questions
- What is lending interest rate in Grenada?
- Lending interest rate in Grenada was 6.9% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Grenada?
- The highest recorded value was 13.5% in 1986.
- What is the lowest lending interest rate recorded in Grenada?
- The lowest recorded value was 6.4% in 2022.
- How does Grenada rank for lending interest rate?
- Grenada ranks 94th out of 148 countries with data for 2025.
- Is lending interest rate rising or falling in Grenada?
- Over the last ten years it is down 23.5%. The long-run trend across the full record is falling.
- Where does this Grenada data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.