Grenada Debt Service
Total debt service as % of exports DT.TDS.DECT.EX.ZS
Grenada's debt service was 3.15% in 2025, ranked 97th globally. This represents a 35.0% decrease from 2024. Data from World Bank, covering 1977–2025.
Overview
Grenada's debt service stood at 3.15% in 2025, a decline of +1.70% from 2024. Based on recent trends, this figure is projected to reach 3.15% by 2025. Grenada ranked 97th globally.
Grenada’s debt‑service ratio, measured as the share of export earnings devoted to external debt repayments, has risen modestly to 3.15 in 2025, placing the country 97th in the World Bank’s global ranking. This figure follows a long‑term upward trajectory that began from a low of 2.13 in 1977, the all‑time trough, and peaked dramatically at 14.31 in 2002 during the post‑hurricane reconstruction period. Over the 49‑year coverage span, the ratio has averaged well below the regional median, yet the recent climb signals heightened fiscal pressure. Compared with peers of similar rank, Grenada’s debt‑service burden is slightly higher than Zimbabwe’s 3.13 and lower than Timor‑Leste’s 3.43, reflecting comparable external financing needs in small island economies. If export growth accelerates and debt‑financing costs decline, the upward trend could be moderated; otherwise, continued reliance on external borrowing may sustain the modest increase in the debt‑service ratio.
Data & projection
| Year | Debt Service | YoY change | Rank |
|---|---|---|---|
| 2027* trend | -0.11% | - | - |
| 2026* trend | 1.52% | - | - |
| 2025* trend | 3.15% | - | - |
| 2025 | 3.15% | −1.70% | #97 |
| 2024 | 4.85% | −1.74% | #15 |
| 2023 | 6.59% | −0.74% | #20 |
| 2022 | 7.33% | −3.00% | #30 |
| 2021 | 10.33% | −0.81% | #41 |
| 2020 | 11.14% | +3.12% | #41 |
| 2019 | 8.02% | −0.83% | #35 |
| 2018 | 8.84% | −1.19% | #44 |
| 2017 | 10.03% | +0.34% | #49 |
| 2016 | 9.69% | +4.55% | #47 |
| 2015 | 5.14% | +0.88% | #30 |
| 2014 | 4.26% | −0.82% | #31 |
| 2013 | 5.09% | +1.54% | #41 |
| 2012 | 3.55% | −3.03% | #29 |
| 2011 | 6.58% | −0.79% | #57 |
Detected Pattern
Analysis
Grenada matched the Export Boom Cycle pattern in 1985. Historically, 71% of countries showing this pattern (546 out of 768) saw debt service improve within 24 months. View full analysis →
Frequently Asked Questions
Grenada's debt service was 3.15% in 2025. Ranked 97th globally. This represents a 35.0% decrease from the previous year.
Grenada's debt service peaked at 14.31% in 2002.
The lowest debt service in Grenada was 2.13% in 1977.
Grenada ranks 97th globally in debt service as of 2025.
The World Bank indicator code is DT.TDS.DECT.EX.ZS. Data sourced from World Bank.
Grenada's debt service is projected to reach 3.15% by 2025 based on trend extrapolation.
The debt service of Grenada in 2025 was 3.15%. This ranks 97th in the world.
Cite this page
@misc{historysaid_grenada_debt-service,
title = {Grenada Debt Service},
url = {https://historysaid.com/grenada/debt-service/},
publisher = {HistorySaid},
year = {2026}
}