Grenada External Debt
Total external debt stocks DT.DOD.DECT.CD
Grenada's external debt was $878.6M in 2025, ranked 111th globally. This represents a 1.8% increase from 2024. Data from World Bank, covering 1970–2025.
Overview
Grenada's external debt stood at $878.6M in 2025, a rise of +$15.3M from 2024. Based on recent trends, this figure is projected to reach $878.6M by 2025. Grenada ranked 111th globally.
Grenada’s external debt has risen sharply from a modest 16,048,000.00 in 1970 to 878,576,107.39 in 2025, placing the nation at rank 111 globally. The debt trajectory accelerated after the 1970s, reaching an all‑time peak of 898,682,923.20 in 2021 before a slight decline. The trough of 8,931,619.70 recorded in 1972 illustrates how the country’s borrowing was minimal in the early post‑independence period, contrasting sharply with the current burden. Compared with its closest peer, St. Vincent and the Grenadines, which carries 881,465,957.43 of external debt, Grenada’s obligations are of a similar magnitude, suggesting comparable exposure to external financing pressures in the Caribbean. The sustained upward path over the 56‑year span reflects persistent reliance on foreign capital for development and balance‑of‑payments needs. If fiscal consolidation and diversified revenue streams are pursued, the upward trend could moderate, allowing debt levels to stabilise or gradually decline.
Data & projection
| Year | External Debt | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $886.8M | - | - |
| 2026* trend | $882.7M | - | - |
| 2025* trend | $878.6M | - | - |
| 2025 | $878.6M | +$15.3M | #111 |
| 2024 | $863.3M | −$18.2M | #11 |
| 2023 | $881.5M | +$27.8M | #11 |
| 2022 | $853.7M | −$45.0M | #11 |
| 2021 | $898.7M | +$64.5M | #12 |
| 2020 | $834.2M | +$286.1M | #13 |
| 2019 | $548.1M | −$32.0M | #10 |
| 2018 | $580.2M | +$17.0M | #10 |
| 2017 | $563.2M | −$60.3M | #10 |
| 2016 | $623.4M | +$21.1M | #14 |
| 2015 | $602.3M | −$36.1M | #14 |
| 2014 | $638.5M | +$51.6M | #14 |
| 2013 | $586.9M | −$2.4M | #14 |
| 2012 | $589.3M | +$57.0M | #14 |
| 2011 | $532.3M | −$28.3M | #13 |
Detected Pattern
Analysis
Grenada matched the Export Boom Cycle pattern in 1985. Historically, 71% of countries showing this pattern (546 out of 768) saw external debt improve within 24 months. View full analysis →
Frequently Asked Questions
Grenada's external debt was $878.6M in 2025. Ranked 111th globally. This represents a 1.8% increase from the previous year.
Grenada's external debt peaked at $898.7M in 2021.
The lowest external debt in Grenada was $8.9M in 1972.
Grenada ranks 111th globally in external debt as of 2025.
The World Bank indicator code is DT.DOD.DECT.CD. Data sourced from World Bank.
Grenada's external debt is projected to reach $878.6M by 2025 based on trend extrapolation.
Grenada's external debt was approximately 878.58 million ($878.6M) in 2025.
The external debt of Grenada in 2025 was $878.6M. This ranks 111th in the world.
Cite this page
@misc{historysaid_grenada_external-debt,
title = {Grenada External Debt},
url = {https://historysaid.com/grenada/external-debt/},
publisher = {HistorySaid},
year = {2026}
}