Grenada Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Grenada's government debt to gdp was 67.72% in 2025, ranked 54th globally. This represents a 6.8% decrease from 2024. Data from IMF WEO, covering 1991–2025.
Overview
Grenada's government debt to gdp stood at 67.72% in 2025, a decline of +4.98% from 2024. The IMF projects 67.72% by 2025. Grenada ranked 54th globally.
Grenada’s government debt-to‑GDP ratio has risen markedly since the early 1990s, climbing from 42.03 % in 1991 to a peak of 105.44 % in 2013, before retreating to a trough of 34.48 % in 1999. Over the 35‑year span the ratio has fluctuated around the mid‑30s to low‑100s percent, reflecting the island’s exposure to external shocks and fiscal adjustments. By 2025 the debt burden stands at 67.72 % of GDP, placing Grenada 54th in the IMF World Economic Outlook ranking and closely aligned with peers such as Kenya (68.02 %) and Morocco (67.21 %). The post‑peak decline suggests a gradual consolidation of public finances, yet the current level remains elevated relative to the 1999 trough. Continued debt‑to‑GDP moderation will depend on sustained fiscal discipline, resilient growth, and the ability to manage external financing costs.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 67.36% | - | - |
| 2029* IMF | 67.14% | - | - |
| 2028* IMF | 66.87% | - | - |
| 2027* IMF | 65.78% | - | - |
| 2026* IMF | 65.54% | - | - |
| 2025* IMF | 67.72% | - | - |
| 2025 | 67.72% | −4.98% | #54 |
| 2024 | 72.70% | −1.85% | #138 |
| 2023 | 74.55% | −4.72% | #135 |
| 2022 | 79.27% | −7.33% | #143 |
| 2021 | 86.60% | −2.89% | #151 |
| 2020 | 89.49% | +26.79% | #149 |
| 2019 | 62.70% | −5.84% | #132 |
| 2018 | 68.54% | −1.79% | #139 |
| 2017 | 70.33% | −11.24% | #144 |
| 2016 | 81.57% | −8.53% | #161 |
| 2015 | 90.10% | −9.24% | #167 |
| 2014 | 99.34% | −6.10% | #173 |
| 2013 | 105.44% | +3.94% | #177 |
| 2012 | 101.50% | −1.28% | #173 |
| 2011 | 102.78% | +6.57% | #175 |
Detected Pattern
Analysis
Grenada matched the Export Boom Cycle pattern in 1985. Historically, 71% of countries showing this pattern (546 out of 768) saw government debt to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Grenada's government debt to gdp was 67.72% in 2025. Ranked 54th globally. This represents a 6.8% decrease from the previous year.
Grenada's government debt to gdp peaked at 105.44% in 2013.
The lowest government debt to gdp in Grenada was 34.48% in 1999.
Grenada ranks 54th globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
Grenada's government debt to gdp is projected to reach 67.72% by 2025 based on IMF projection.
The government debt to gdp of Grenada in 2025 was 67.72%. This ranks 54th in the world.
Cite this page
@misc{historysaid_grenada_government-debt-to-gdp,
title = {Grenada Government Debt to GDP},
url = {https://historysaid.com/grenada/government-debt-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}