Grenada Deposit Rate
Deposit interest rate FR.INR.DPST
Grenada's deposit rate was 0.81% in 2025, ranked 85th globally. This represents a 15.4% decrease from 2024. Data from World Bank, covering 1982–2025.
Overview
Grenada's deposit rate stood at 0.81% in 2025, a decline of +0.15pp from 2024. Based on recent trends, this figure is projected to reach 0.81% by 2025. Grenada ranked 85th globally.
Grenada’s deposit rate stood at 0.81% in 2025, ranking 85th globally and matching its all-time trough recorded in the same year, a sharp decline from its peak of 4.30% in 1999. Over a 44-year period beginning in 1982, when the rate was 2.19%, the trend has been marked by a pronounced downward trajectory, particularly evident in the most recent data. This 2025 rate is marginally lower than that of peer country Fiji, which recorded 0.83%, and slightly above Macao SAR, China at 0.80%, placing Grenada within a narrow band of low-yielding deposit environments. The sustained compression of deposit rates suggests prolonged accommodative monetary conditions, possibly influenced by regional economic stability efforts and low inflation. St. Vincent and the Grenadines, at 1.03%, and Guyana, at 0.74%, reflect similar regional patterns with minor variations. The persistence of near-historic lows indicates limited immediate upside for savers. A reversal in this trend would likely require coordinated monetary tightening or stronger domestic investment demand pushing banks to compete for deposits.
Data & projection
| Year | Deposit Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 0.67% | - | - |
| 2026* trend | 0.74% | - | - |
| 2025* trend | 0.81% | - | - |
| 2025 | 0.81% | −0.15pp | #85 |
| 2024 | 0.95% | +0.05pp | #12 |
| 2023 | 0.90% | +0.01pp | #14 |
| 2022 | 0.89% | −0.28pp | #21 |
| 2021 | 1.17% | +0.00pp | #30 |
| 2020 | 1.17% | −0.17pp | #28 |
| 2019 | 1.34% | −0.05pp | #24 |
| 2018 | 1.39% | −0.06pp | #30 |
| 2017 | 1.45% | −0.09pp | #33 |
| 2016 | 1.54% | −0.29pp | #36 |
| 2015 | 1.83% | −0.57pp | #39 |
| 2014 | 2.40% | −0.24pp | #44 |
| 2013 | 2.64% | −0.22pp | #44 |
| 2012 | 2.86% | −0.25pp | #42 |
| 2011 | 3.11% | +0.03pp | #45 |
Detected Pattern
Analysis
Grenada matched the Export Boom Cycle pattern in 1985. Historically, 71% of countries showing this pattern (546 out of 768) saw deposit rate improve within 24 months. View full analysis →
Frequently Asked Questions
Grenada's deposit rate was 0.81% in 2025. Ranked 85th globally. This represents a 15.4% decrease from the previous year.
Grenada's deposit rate peaked at 4.30% in 1999.
The lowest deposit rate in Grenada was 0.81% in 2025.
Grenada ranks 85th globally in deposit rate as of 2025.
The World Bank indicator code is FR.INR.DPST. Data sourced from World Bank.
Grenada's deposit rate is projected to reach 0.81% by 2025 based on trend extrapolation.
The deposit rate of Grenada in 2025 was 0.81%. This ranks 85th in the world.
Cite this page
@misc{historysaid_grenada_deposit-rate,
title = {Grenada Deposit Rate},
url = {https://historysaid.com/grenada/deposit-rate/},
publisher = {HistorySaid},
year = {2026}
}