Grenada's PPG, commercial banks (NFL, current US$) was US$698,000 in 2024, the latest year in the World Bank's World Development Indicators. That is up 395.76% from −US$236,000 in 2019.
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$698,000 | 2024 |
| Five years earlier | −US$236,000 | 2019 |
| Highest | US$27.61 million | 2000 |
| Lowest | −US$7.04 million | 2021 |
| Average since 2015 | −US$287,556 | 2015–2024 |
| First recorded | US$1.83 million | 1982 |
Over five years it is up 395.76% from −US$236,000 in 2019. Since 1982 it is down 61.92% from US$1.83 million in 1982 (2.27% a year on average, compounded). The World Bank has no value for 7 of the years in between; the chart leaves those gaps open rather than joining across them.
What the numbers say
In 2024, Grenada's PPG, commercial banks (NFL, current US$) rose US$1.07 million on 2023 (from −US$374,000 to US$698,000).
Across the 30 yearly changes before that (1985 to 2023), the average change was +US$158,467 and a typical year strayed about US$8.49 million from that (the standard deviation). This year's change was 0.1 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$25.12 million in 2000 and the biggest yearly fall was US$30.22 million in 2001. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 5% of the movement over 9 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 2024, Grenada had the 27th highest value of the 87 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 | US$698,000 | 2024 |
| Upper middle income | US$30.53 billion | 2024 |
Closest to Grenada in the 2024 ranking
What this measures
Public and publicly guaranteed commercial bank loans from private banks and other private financial institutions. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 36 values
| Year | PPG, commercial banks (NFL, current US$) |
|---|---|
| 2024 | 698,000 |
| 2023 | -374,000 |
| 2022 | 7,556,000 |
| 2021 | -7,037,000 |
| 2020 | 0 |
| 2019 | -236,000 |
| 2018 | -1,181,000 |
| 2017 | -945,000 |
| 2016 | no data |
| 2015 | -1,069,000 |
| 2014 |
PPG, commercial banks (NFL, current US$) in nearby economies
- Argentina — −US$77.38 million (2024)
- Belize — −US$714,000 (2024)
- Bolivia — −US$9.25 million (2024)
- Brazil — −US$1.77 billion (2024)
- Colombia — −US$858.59 million (2024)
- Dominica — −US$1.31 million (2024)
- Dominican Republic — −US$38.42 million (2024)
- Ecuador — US$944.87 million (2024)
- El Salvador — US$988.56 million (2024)
- Guatemala — −US$1.71 million (2024)
More economic policy & debt data for Grenada
- Total reserves, including gold (current US$) — 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
Questions people ask
- What is Grenada's PPG, commercial banks (NFL, current US$)?
- US$698,000 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1982?
- It is down 61.92% from US$1.83 million in 1982 (2.27% a year on average, compounded). The highest value was US$27.61 million in 2000 and the lowest −US$7.04 million in 2021.
- How does Grenada rank?
- 27th highest of 87 economies with data for 2024.
- Is the latest change in PPG, commercial banks (NFL, current US$) unusual for Grenada?
- In 2024, Grenada's PPG, commercial banks (NFL, current US$) rose US$1.07 million on 2023 (from −US$374,000 to US$698,000). Across the 30 yearly changes before that (1985 to 2023), the average change was +US$158,467 and a typical year strayed about US$8.49 million from that (the standard deviation). This year's change was 0.1 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.PCBK.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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