Financial soundness indicators in Grenada
Grenada: Financial soundness indicators was 1.1% in 2024. ▼ Falling
Latest (2024)
1.1%
Change on year
down 5.7%
World rank
125th
of 150 countries
All-time high
1.5%
in 2015
All-time low
0.3%
in 2021
Years of data
10
2015–2024
Financial soundness indicators in Grenada, 2015–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
Grenada recorded 1.1% for financial soundness indicators in 2024.
That represents a change of down 5.7% on the previous year and down 24.3% over ten years.
Over the whole period, financial soundness indicators in Grenada peaked at 1.5% in 2015 and was at its lowest, 0.3%, in 2021.
That places Grenada 125th out of 150 countries with data for 2024, putting it in the bottom quarter.
Financial soundness indicators in Grenada, year by year
| Year | % | Change |
|---|---|---|
| 2015 | 1.5% | — |
| 2016 | 1.5% | -1.3% |
| 2017 | 1.1% | -28.7% |
| 2018 | 1.0% | -9.3% |
| 2019 | 1.4% | +42.3% |
| 2020 | 0.4% | -68.1% |
| 2021 | 0.3% | -31.8% |
| 2022 | 0.7% | +116.7% |
| 2023 | 1.2% | +87.7% |
| 2024 | 1.1% | -5.7% |
Grenada compared with similar countries
- Grenada's 1.1% is below the median for upper middle income countries, which is 2.5%, 45% of the median. (47 countries reporting)
- Grenada's 1.1% is below the median for Latin America & Caribbean, which is 1.7%, 67% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.3% | 1.0% | 1.5% | 5 |
| 2020s | 0.8% | 0.3% | 1.2% | 5 |
Countries ranked near Grenada
- 123 Cambodia 1.2% compare
- 123 Luxembourg 1.2% compare
- 126 Tajikistan 1.1% compare
- 127 Dominica 1.1% compare
- 127 Palestine 1.1% compare
More reference data data for Grenada
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0023 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0047 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.007 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.007 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0076 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0034 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0219 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0331 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0001 (2050)
Frequently asked questions
- What is financial soundness indicators in Grenada?
- Financial soundness indicators in Grenada was 1.1% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest financial soundness indicators recorded in Grenada?
- The highest recorded value was 1.5% in 2015.
- What is the lowest financial soundness indicators recorded in Grenada?
- The lowest recorded value was 0.3% in 2021.
- How does Grenada rank for financial soundness indicators?
- Grenada ranks 125th out of 150 countries with data for 2024.
- Is financial soundness indicators rising or falling in Grenada?
- Over the last ten years it is down 24.3%. The long-run trend across the full record is falling.
- Where does this Grenada data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Financial soundness indicators. Statizoid updates them automatically from the source API.
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CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Return on assets (%).