Grenada's broad money (% of GDP) was 92.04% in 2025, the latest year in the World Bank's World Development Indicators. That is up 5.32 percentage points from 86.72% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 92.04% | 2025 |
| Five years earlier | 94.38% | 2020 |
| Ten years earlier | 86.72% | 2015 |
| Highest | 106.23% | 2004 |
| Lowest | 7.62% | 2024 |
| Average since 2016 | 81.14% | 2016–2025 |
| First recorded | 46.5% | 1977 |
What the numbers say
In 2025, Grenada's broad money (% of GDP) rose 84.42 percentage points on 2024 (from 7.62% to 92.04%).
Across the 30 yearly changes before that (1995 to 2024), the average change was −1.89 percentage points and a typical year strayed about 16.41 percentage points from that (the standard deviation). This year's change was 5.3 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 84.42 percentage points in 2025 and the biggest yearly fall was 81.42 percentage points in 2024. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains 8% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Grenada had the 18th highest value of the 84 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Grenada | 92.04% | 2025 |
| World | 135.66% | 2024 |
| Latin America & Caribbean | 72.6% | 2025 |
| Upper middle income | 167.85% | 2024 |
Closest to Grenada in the 2025 ranking
- New Zealand — 15th of 84: 99.57%
- Qatar — 16th of 84: 94.74%
- Cabo Verde — 17th of 84: 94.18%
- Brunei Darussalam — 19th of 84: 89.15%
- Kuwait — 20th of 84: 87.43%
- Tunisia — 21st of 84: 85.28%
What this measures
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 49 values
| Year | Broad money (% of GDP) |
|---|---|
| 2025 | 92.04 |
| 2024 | 7.62 |
| 2023 | 89.04 |
| 2022 | 95.92 |
| 2021 | 95.2 |
| 2020 | 94.38 |
| 2019 | 82.14 |
| 2018 | 87.22 |
| 2017 | 82.73 |
| 2016 | 85.09 |
| 2015 |
Broad money (% of GDP) in nearby economies
- Antigua and Barbuda — 76.16% (2025)
- Argentina — 26.28% (2025)
- Aruba — 83.32% (2023)
- Bahamas, The — 68.76% (2022)
- Barbados — 97.53% (2023)
- Belize — 77.46% (2025)
- Bolivia — 57.59% (2025)
- Brazil — 118.58% (2025)
- Chile — 69.41% (2025)
- Colombia — 43.06% (2025)
- Costa Rica — 50.23% (2025)
- Dominica
More financial sector data for Grenada
- DEC alternative conversion factor (LCU per US$) — US$2.7 (2025)
- Official exchange rate (LCU per US$, period average) — US$2.7 (2025)
- Net domestic credit (current LCU) — 1.54 billion (2025)
- Net foreign assets (current LCU) — 2.55 billion (2025)
- Broad money (current LCU) — 3.53 billion (2025)
- Broad money to total reserves ratio — 3.2 (2025)
- Claims on central government (annual growth as % of broad money) — 68.26% (2025)
- Claims on private sector (annual growth as % of broad money) — 62.71% (2025)
- Broad money (annual % growth) — 1,169% (2025)
- Consumer price index (2010 = 100)
Reading data like this
Questions people ask
- What is Grenada's broad money (% of GDP)?
- 92.04% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1977?
- It is up 45.54 percentage points from 46.5% in 1977. The highest value was 106.23% in 2004 and the lowest 7.62% in 2024.
- How does Grenada rank?
- 18th highest of 84 economies with data for 2025.
- Is the latest change in broad money (% of GDP) unusual for Grenada?
- In 2025, Grenada's broad money (% of GDP) rose 84.42 percentage points on 2024 (from 7.62% to 92.04%). Across the 30 yearly changes before that (1995 to 2024), the average change was −1.89 percentage points and a typical year strayed about 16.41 percentage points from that (the standard deviation). This year's change was 5.3 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator FM.LBL.BMNY.GD.ZS, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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