Grenada—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #149 of 192Updated August 2026
Latest Value
0.4%
2031
YoY Change
+33.3%
2030 → 2031
Global Rank
#149
of 192 countries
Maximum
7.9%
2023
Minimum
-13.9%
2002
Last
0.4%
Previous
0.3%
Highest
7.9%
Lowest
-13.9%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Grenada's fiscal balance (% of GDP) was -5.1% in 2026, ranking #149 out of 192 countries. This represents a +33.3% change from 2030. Over the past 27 years, the highest recorded value was 7.9% (2023) and the lowest was -13.9% (2002). The IMF WEO projects 0.4% by 2031. Data sourced from the IMF World Economic Outlook.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2031 | 0.4% | +33.3% |
| 2030 | 0.3% | |
| 2029 | 0.0% | |
| 2028 | 0.0% | +100.0% |
| 2027 | -0.1% | +98.0% |
| 2026 | -5.1% | -2.0% |
| 2025 | -5.0% | -172.5% |
| 2024 | 6.9% | -12.7% |
| 2023 | 7.9% | +777.8% |
| 2022 | 0.9% | +200.0% |
| 2021 | 0.3% | +106.7% |
| 2020 | -4.5% | -190.0% |
| 2019 | 5.0% | +2.0% |
| 2018 | 4.9% | +63.3% |
| 2017 | 3.0% | +11.1% |
| 2016 | 2.7% | +437.5% |
| 2015 | -0.8% | +81.0% |
| 2014 | -4.2% | +41.7% |
| 2013 | -7.2% | -33.3% |
| 2012 | -5.4% | -10.2% |
| 2011 | -4.9% | -19.5% |
| 2010 | -4.1% | +6.8% |
| 2009 | -4.4% | -18.9% |
| 2008 | -3.7% | +37.3% |
| 2007 | -5.9% | -13.5% |
| 2006 | -5.2% | -677.8% |
| 2005 | 0.9% | +250.0% |
| 2004 | -0.6% | +78.6% |
| 2003 | -2.8% | +79.9% |
| 2002 | -13.9% | -127.9% |
| 2001 | -6.1% | -190.5% |
| 2000 | -2.1% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | -5.1% | -2.0% |
| 2027Forecast | -0.1% | +98.0% |
| 2028Forecast | 0.0% | +100.0% |
| 2029Forecast | 0.0% | |
| 2030Forecast | 0.3% | |
| 2031Forecast | 0.4% | +33.3% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 27.6% | 2026 |
| 2 | Naoero | 13.1% | 2026 |
| 3 | Norway | 10.2% | 2026 |
| 4 | Oman | 5.2% | 2026 |
| 5 | United Arab Emirates | 4.9% | 2026 |
| 6 | Macao SAR, China | 4.2% | 2026 |
| 7 | Lesotho | 4.2% | 2026 |
| 8 | Singapore | 3.3% | 2026 |
| 9 | Lebanon | 3.3% | 2025 |
| 10 | Liechtenstein | 3.0% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP