Real interest rate in Grenada

Grenada: Real interest rate was 6.2% in 2025. ▼ Falling

Latest (2025)
6.2%
Change on year
down 25.3%
World rank
56th
of 148 countries
All-time high
12.3%
in 1990
All-time low
1.6%
in 2008
Years of data
44
1982–2025

Real interest rate in Grenada, 1982–2025

2.557.51012.51982200320251982: 7.8 %1983: 10.8 %1984: 5.4 %1985: 4.3 %1986: 8.8 %1987: 7.8 %1988: 5.2 %1989: 3.1 %1990: 12.3 %1991: 5.3 %1992: 7.7 %1993: 9.8 %1994: 7.6 %1995: 7.8 %1996: 7.1 %1997: 9.3 %1998: 9.8 %1999: 10.4 %2000: 8.5 %2001: 7.9 %2002: 10.9 %2003: 12.1 %2004: 8 %2005: 7.4 %2006: 5 %2007: 7.3 %2008: 1.6 %2009: 11 %2010: 10 %2011: 10.4 %2012: 5.6 %2013: 6.2 %2014: 8.3 %2015: 6 %2016: 5.8 %2017: 6.7 %2018: 8.6 %2019: 4.1 %2020: 7.2 %2021: 3.7 %2022: 4.7 %2023: 2.4 %2024: 8.2 %2025: 6.2 %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.

Analysis

In 2025, real interest rate in Grenada stood at 6.2%.

That represents a change of down 25.3% on the previous year and up 2.1% over ten years.

Over the whole period, real interest rate in Grenada peaked at 12.3% in 1990 and was at its lowest, 1.6%, in 2008.

That places Grenada 56th 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

DecadeAverage LowestHighest Years
1980s 6.6% 3.1% 10.8% 8
1990s 8.7% 5.3% 12.3% 10
2000s 8.0% 1.6% 12.1% 10
2010s 7.2% 4.1% 10.4% 10
2020s 5.4% 2.4% 8.2% 6

Countries ranked near Grenada

  1. 53 Namibia 6.4% compare
  2. 54 Philippines 6.4% compare
  3. 55 Lebanon 6.2% compare
  4. 57 Burkina Faso 6.1% compare
  5. 58 Vanuatu 6.1% compare
  6. 59 Indonesia 6.0% compare

See the full ranking of 148 places →

More financial sector data for Grenada

All data for Grenada →

Frequently asked questions

What is real interest rate in Grenada?
Real interest rate in Grenada was 6.2% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest real interest rate recorded in Grenada?
The highest recorded value was 12.3% in 1990.
What is the lowest real interest rate recorded in Grenada?
The lowest recorded value was 1.6% in 2008.
How does Grenada rank for real interest rate?
Grenada ranks 56th out of 148 countries with data for 2025.
Is real interest rate rising or falling in Grenada?
Over the last ten years it is up 2.1%. 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 Real interest rate (%). Statizoid updates them automatically from the source API.

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About this data

Indicator
Real interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
148 places, 4,763 data points, 1961–2025
Last refreshed

An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.