Grenada's net domestic credit (current LCU) was 1.54 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 0.68% from 1.53 billion in 2015 (0.07% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 1.54 billion | 2025 |
| Five years earlier | 1.24 billion | 2020 |
| Ten years earlier | 1.53 billion | 2015 |
| Highest | 2.01 billion | 2011 |
| Lowest | 40.12 million | 1970 |
| Average since 2016 | 1.39 billion | 2016–2025 |
| First recorded | 40.12 million |
What the numbers say
In 2025, Grenada's net domestic credit (current LCU) rose 30.8% on 2024 (from 1.18 billion to 1.54 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +3.5% and a typical year strayed about 9.3% from that (the standard deviation). This year's change was 2.9 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 30.8% in 2025 and the biggest yearly fall was 10.8% in 2023. 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 12% 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 100th highest value of the 104 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
- Solomon Islands — 97th of 104: 2.56 billion
- St. Kitts and Nevis — 98th of 104: 1.92 billion
- St. Vincent and the Grenadines — 99th of 104: 1.65 billion
- Dominica — 101st of 104: 985.4 million
- Samoa — 102nd of 104: 546.89 million
- Tonga — 103rd of 104: 280.57 million
What this measures
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 56 values
| Year | Net domestic credit (current LCU) |
|---|---|
| 2025 | 1,542,590,225 |
| 2024 | 1,179,573,547 |
| 2023 | 1,306,437,568 |
| 2022 | 1,464,182,695 |
| 2021 | 1,348,682,661 |
| 2020 | 1,243,935,737 |
| 2019 | 1,326,223,270 |
| 2018 | 1,479,947,290 |
| 2017 | 1,485,051,532 |
| 2016 | 1,529,011,000 |
| 2015 |
Net domestic credit (current LCU) in nearby economies
- Antigua and Barbuda — 2.98 billion (2025)
- Argentina — 331.64 trillion (2025)
- Aruba — 4.03 billion (2023)
- Bahamas, The — 10.95 billion (2024)
- Barbados — 12.13 billion (2023)
- Belize — 4.15 billion (2025)
- Bolivia — 414.59 billion (2025)
- Brazil — 17.82 trillion (2025)
- Chile — 279.46 trillion (2025)
- Colombia — 970.94 trillion (2025)
- Costa Rica
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 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) — 116.33 (2025)
- Domestic credit to private sector by banks (% of GDP)
Reading data like this
Questions people ask
- What is Grenada's net domestic credit (current LCU)?
- 1.54 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 3,745% from 40.12 million in 1970 (6.86% a year on average, compounded). The highest value was 2.01 billion in 2011 and the lowest 40.12 million in 1970.
- How does Grenada rank?
- 100th highest of 104 economies with data for 2025.
- Is the latest change in net domestic credit (current LCU) unusual for Grenada?
- In 2025, Grenada's net domestic credit (current LCU) rose 30.8% on 2024 (from 1.18 billion to 1.54 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +3.5% and a typical year strayed about 9.3% from that (the standard deviation). This year's change was 2.9 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.DOMS.CN, 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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