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Grenada - Interest Rate Spread 2024

Interest rate spread (lending rate minus deposit rate) · World Bank
5.93% −0.10pp from 2023 Global rank: 46th

Grenada's interest rate spread was 5.93% in 2024, decreased +0.10pp from 6.03% in 2023. This was the 46th highest globally.

Global Ranking - 2024▾
Interest Rate Spread by Country - 2024
RankCountryValueYoY
1st Qatar 0.98% -32.2%
2nd Korea 1.25% -7.4%
3rd Bangladesh 1.33% 26.8%
4th Georgia 1.48% -23.0%
5th Switzerland 2.05% 15.5%
6th Jordan 2.44% -27.6%
7th Kuwait 2.47% 1.5%
8th Thailand 2.54% -12.9%
9th Uruguay 2.61% -31.3%
10th Malaysia 2.64% -1.2%
11th Czechia 2.68% 18.0%
12th Bosnia and Herzegovina 2.84% -3.3%
13th China 2.85% 0.0%
14th Norway 2.89% -0.9%
15th Fiji 2.94% -22.0%
16th Hungary 2.95% 34.9%
17th San Marino 3.20% -12.0%
18th Romania 3.23% 11.9%
19th Indonesia 3.37% -21.5%
20th North Macedonia 3.44% -5.2%
21st Costa Rica 3.64% -9.4%
22nd South Africa 3.71% -23.6%
23rd Bahamas, The 3.71% -0.1%
24th Botswana 3.91% 3.1%
25th Dominica 4.23% -1.7%
26th Bulgaria 4.29% -1.2%
27th St. Kitts and Nevis 4.37% -6.5%
28th Belarus 4.43% -13.3%
29th Albania 4.58% -8.5%
30th Armenia 5.00% 24.3%
31st Uzbekistan 5.01% 21.3%
32nd St. Lucia 5.08% -1.8%
33rd Brunei Darussalam 5.11% -3.7%
34th Egypt, Arab Republic of 5.13% 0.5%
35th Antigua and Barbuda 5.17% -1.7%
36th Suriname 5.18% -5.8%
37th Hong Kong SAR, China 5.21% -1.4%
38th Mauritius 5.24% 6.4%
39th Macao SAR, China 5.36% -0.3%
40th Dominican Republic 5.48% 4.0%
41st Moldova 5.57% 3.8%
42nd Namibia 5.58% 0.8%
43rd Rwanda 5.69% -11.2%
44th Jamaica 5.76% -1.2%
45th St. Vincent and the Grenadines 5.85% -1.3%
46th Grenada 5.93% -1.6%
47th Trinidad and Tobago 6.00% -0.3%
48th Bhutan 6.04% -29.1%
49th Azerbaijan 6.08% 14.4%
50th Cabo Verde 6.12% -9.5%
51st Colombia 6.20% -20.7%
52nd Tonga 6.21% 0.2%
53rd Algeria 6.25% 0.0%
54th Montenegro 6.35% 4.4%
55th Belize 6.35% -0.1%
56th Mexico 6.68% -2.1%
57th Samoa 6.84% 4.7%
58th Eswatini 6.97% 9.1%
59th Honduras 7.09% -16.2%
60th Seychelles 7.42% -2.7%
61st Argentina 7.46% 731.2%
62nd Guatemala 7.46% -3.8%
63rd Guyana 7.60% 0.0%
64th Maldives 7.83% 1.9%
65th Vanuatu 8.02% -6.1%
66th Lesotho 8.75% 1.2%
67th Nicaragua 8.99% 22.1%
68th Timor-Leste 10.07% -0.5%
69th Ukraine 10.48% 7.2%
70th Angola 12.00% 19.5%
71st Mozambique 13.48% -6.1%
72nd Sierra Leone 13.74% -1.4%
73rd South Sudan 14.54% -10.4%
74th Kyrgyz Republic 18.11% 1.7%
75th Brazil 32.52% 3.4%

FAQ

What was Grenada's interest rate spread in 2024?▾

Grenada's interest rate spread in 2024 was 5.93%. This ranked 46th globally.

How did Grenada's interest rate spread change in 2024?▾

Grenada's interest rate spread decreased by 1.6% in 2024 compared to 2023.

Which country had the highest interest rate spread in 2024?▾

Brazil had the highest interest rate spread in 2024 at 32.52%.

What is the interest rate spread of Grenada in 2024?▾

The interest rate spread of Grenada in 2024 was 5.93%. This ranked 46th globally.

How does 2024 compare to 2023 for Grenada's interest rate spread?▾

Grenada's interest rate spread went from 6.03% in 2023 to 5.93% in 2024, a 1.6% decrease.

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