Grenada: Portfolio investment, bonds (PPG + PNG) (NFL, current US$)

Key figures

Over five years it is up 50.8% from −US$10.73 million in 2019. Since 1970 it is down 194.93% from US$5.56 million in 1970. The World Bank has no value for 35 of the years in between; the chart leaves those gaps open rather than joining across them.

What the numbers say

In 2024, Grenada's portfolio investment, bonds (PPG + PNG) (NFL, current US$) rose US$5.28 million on 2023 (from −US$10.56 million to −US$5.28 million).

Across the 11 yearly changes before that (1971 to 2023), the average change was −US$9.78 million and a typical year strayed about US$36 million from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was US$41.26 million in 2004 and the biggest yearly fall was US$102.76 million in 2003. 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 2024 the straight-line trend is upward, about US$382,550 a year. A straight line explains 34% of the movement over 9 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 2024, Grenada had the 35th highest value of the 59 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 2024 ranking

• St. Lucia — 32nd of 59: −US$200,000
• St. Vincent and the Grenadines — 33rd of 59: −US$442,000
• Viet Nam — 34th of 59: −US$4.74 million
• Belize — 36th of 59: −US$5.77 million
• Dominica — 37th of 59: −US$9.78 million
• Rwanda — 38th of 59: −US$19.15 million

What this measures

Bonds are securities issued with a fixed rate of interest for a period of more than one year. They include net flows through cross-border public and publicly guaranteed and private nonguaranteed bond issues. Data are in current U.S. dollars.

Limitations: The DRS encourages debtor countries to voluntarily provide information on their short-term external obligations. By its nature, short-term external debt is difficult to monitor: loan-by-loan registration is normally impractical, and monitoring systems typically rely on information requested periodically by the central bank from the banking sector. The World Bank regards the debtor country as the authoritative source of information on its short-term debt. Where such information is not available from the debtor country, data are derived from BIS data on international bank lending based on time remaining to original maturity.

Regional and income-group figures are computed by the World Bank as a sum.

All 20 values

Portfolio investment, bonds (PPG + PNG) (NFL, current US$) in nearby economies

• Argentina — US$2.14 billion (2024)
• Belize — −US$5.77 million (2024)
• Bolivia — US$0 (2024)
• Brazil — US$12.6 billion (2024)
• Colombia — US$3.76 billion (2024)
• Dominica — −US$9.78 million (2024)
• Dominican Republic — US$1.45 billion (2024)
• Ecuador — −US$1.04 billion (2024)
• El Salvador — US$252.16 million (2024)

More economic policy & debt data for Grenada

• Total reserves, including gold (current US$) — US$408.15 million (2025)
• Total reserves, excluding gold (current US$) — US$408.15 million (2025)
• External debt stocks, total (DOD, current US$) — US$863.28 million (2024)
• External debt stocks, long-term (DOD, current US$) — US$786.99 million (2024)
• External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) — US$786.99 million (2024)
• Short-term debt (% of total external debt) — 1.82% (2024)
• Net financial flows, bilateral (NFL, current US$) — US$6.5 million (2024)
• IFC, private nonguaranteed (NFL, current US$) — US$0 (2024)
• PPG, official creditors (NFL, current US$)

Reading data like this

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Questions people ask

What is Grenada's portfolio investment, bonds (PPG + PNG) (NFL, current US$)?

−US$5.28 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1970?

It is down 194.93% from US$5.56 million in 1970. The highest value was US$103 million in 2002 and the lowest −US$10.98 million in 2016.

How does Grenada rank?

35th highest of 59 economies with data for 2024.

Is the latest change in portfolio investment, bonds (PPG + PNG) (NFL, current US$) unusual for Grenada?

In 2024, Grenada's portfolio investment, bonds (PPG + PNG) (NFL, current US$) rose US$5.28 million on 2023 (from −US$10.56 million to −US$5.28 million). Across the 11 yearly changes before that (1971 to 2023), the average change was −US$9.78 million and a typical year strayed about US$36 million from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator DT.NFL.BOND.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) 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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