Grenada: Claims on other sectors of the domestic economy (annual growth as % of broad money)

Key figures

What the numbers say

In 2025, Grenada's claims on other sectors of the domestic economy (annual growth as % of broad money) rose 56.88 percentage points on 2024 (from 5.41% to 62.29%).

Across the 22 yearly changes before that (2003 to 2024), the average change was +0.12 percentage points and a typical year strayed about 3.26 percentage points from that (the standard deviation). This year's change was 17.4 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 56.88 percentage points in 2025 and the biggest yearly fall was 7 percentage points in 2009. 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 the straight-line trend is upward, about 3.66 percentage points a year. A straight line explains 33% of the movement over 10 observed years.

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 2nd highest value of the 91 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.

Closest to Grenada in the 2025 ranking

• Türkiye — 2nd of 91: 41.35%
• Uzbekistan — 3rd of 91: 31.35%
• Armenia — 4th of 91: 24.77%

What this measures

Claims on other sectors of the domestic economy include gross credit from the financial system to households, nonprofit institutions serving households, nonfinancial corporations, state and local governments, and social security funds. 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 represents the annual percentage growth in the ratio of claims to broad money.

Limitations: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period.

All 24 values

Claims on other sectors of the domestic economy (annual growth as % of broad money) in nearby economies

• Antigua and Barbuda — 2.26% (2025)
• Bahamas, The — -0.78% (2023)
• Barbados — 1.5% (2023)
• Belize — 4.81% (2025)
• Bolivia — 2.72% (2025)
• Brazil — 5.42% (2025)
• Chile — 2.2% (2025)
• Colombia

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

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Grenada's claims on other sectors of the domestic economy (annual growth as % of broad money)?

62.29% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 2002?

It is up 59.59 percentage points from 2.7% in 2002. The highest value was 62.29% in 2025 and the lowest -5.52% in 2013.

How does Grenada rank?

2nd highest of 91 economies with data for 2025.

Is the latest change in claims on other sectors of the domestic economy (annual growth as % of broad money) unusual for Grenada?

In 2025, Grenada's claims on other sectors of the domestic economy (annual growth as % of broad money) rose 56.88 percentage points on 2024 (from 5.41% to 62.29%). Across the 22 yearly changes before that (2003 to 2024), the average change was +0.12 percentage points and a typical year strayed about 3.26 percentage points from that (the standard deviation). This year's change was 17.4 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.AST.DOMO.ZG.M3, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) 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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