Short-term debt in Grenada
Grenada: Short-term debt was 1.8% in 2024. ◆ Volatile
Short-term debt in Grenada, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
Grenada recorded 1.8% for short-term debt in 2024.
The figure is down 71.0% on the previous year and down 85.3% over ten years.
Over the whole period, short-term debt in Grenada peaked at 37.2% in 1998 and was at its lowest, 0.0%, in 1970.
Grenada ranks 98th of 121 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.1% | 0.0% | 8.9% | 10 |
| 1980s | 5.5% | 2.8% | 11.5% | 10 |
| 1990s | 16.0% | 6.8% | 37.2% | 10 |
| 2000s | 12.2% | 2.0% | 21.1% | 10 |
| 2010s | 5.9% | 2.5% | 12.4% | 10 |
| 2020s | 8.3% | 1.8% | 13.4% | 5 |
Countries ranked near Grenada
More external debt data for Grenada
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- Public and publicly guaranteed debt service 3.0% (2024)
- Net financial flows, IDA 26.48 million NFL, current US$ (2024)
- Net financial flows, IBRD 3,000 NFL, current US$ (2024)
- Public and publicly guaranteed debt service 4.4% (2024)
- Debt service on external debt, public and publicly guaranteed (PPG) 38.00 million TDS, current US$ (2024)
- Use of IMF credit 60.62 million DOD, current US$ (2024)
- Multilateral debt service 23.51 million TDS, current US$ (2024)
- Multilateral debt service 61.9% (2024)
- IMF repurchases and charges 5.10 million TDS, current US$ (2024)
Frequently asked questions
- What is short-term debt in Grenada?
- Short-term debt in Grenada was 1.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Grenada?
- The highest recorded value was 37.2% in 1998.
- What is the lowest short-term debt recorded in Grenada?
- The lowest recorded value was 0.0% in 1970.
- How does Grenada rank for short-term debt?
- Grenada ranks 98th out of 121 countries with data for 2024.
- Is short-term debt rising or falling in Grenada?
- Over the last ten years it is down 85.3%. The long-run trend across the full record is volatile.
- Where does this Grenada data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of total external debt). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.