Grenada—Real Interest Rate (%)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #26 of 112Updated May 2026
Latest Value
8.2%
2024
YoY Change
+248.2%
2023 → 2024
Global Rank
#26
of 112 countries
Maximum
12.1%
2003
Minimum
1.6%
2008
CAGR
-0.1%
25 years
Last
8.2%
Previous
2.4%
Highest
12.1%
Lowest
1.6%
Source
World Bank World Development Indicators
Grenada's real interest rate (%) was 8.2% in 2024, ranking #26 out of 112 countries. This represents a +248.2% change from 2023. Over the past 25 years, the highest recorded value was 12.1% (2003) and the lowest was 1.6% (2008). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 8.2% | +248.2% |
| 2023 | 2.4% | -49.8% |
| 2022 | 4.7% | +27.0% |
| 2021 | 3.7% | -48.1% |
| 2020 | 7.2% | +74.2% |
| 2019 | 4.1% | -52.2% |
| 2018 | 8.6% | +28.7% |
| 2017 | 6.7% | +14.5% |
| 2016 | 5.8% | -3.3% |
| 2015 | 6.0% | -27.7% |
| 2014 | 8.3% | +35.3% |
| 2013 | 6.2% | +10.5% |
| 2012 | 5.6% | -46.5% |
| 2011 | 10.4% | +3.9% |
| 2010 | 10.0% | -8.7% |
| 2009 | 11.0% | +605.9% |
| 2008 | 1.6% | -78.6% |
| 2007 | 7.3% | +45.7% |
| 2006 | 5.0% | -32.5% |
| 2005 | 7.4% | -7.5% |
| 2004 | 8.0% | -34.1% |
| 2003 | 12.1% | +11.4% |
| 2002 | 10.9% | +38.4% |
| 2001 | 7.9% | -7.3% |
| 2000 | 8.5% |
Top Countries — Real Interest Rate (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Madagascar | 42.9% | 2023 |
| 2 | Brazil | 34.7% | 2024 |
| 3 | Azerbaijan | 16.3% | 2024 |
| 4 | Kyrgyz Republic | 14.4% | 2024 |
| 5 | Mozambique | 14.3% | 2024 |
| 6 | Papua New Guinea | 13.3% | 2023 |
| 7 | Timor-Leste | 12.1% | 2024 |
| 8 | Rwanda | 11.8% | 2024 |
| 9 | Armenia | 11.6% | 2024 |
| 10 | Seychelles | 10.6% | 2024 |