Grenada - Lending Rate 2024
6.89%
−0.04pp from 2023
Grenada's lending rate was 6.89% in 2024, decreased +0.04pp from 6.93% in 2023. This was the 27th highest globally.
Global Ranking - 2024▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Switzerland | 2.98% | 3.9% |
| 2nd | Thailand | 4.17% | -2.7% |
| 3rd | Bahamas, The | 4.25% | 0.0% |
| 4th | China | 4.35% | 0.0% |
| 5th | Bosnia and Herzegovina | 4.45% | 8.2% |
| 6th | Bulgaria | 4.61% | 3.9% |
| 7th | Fiji | 4.61% | -7.2% |
| 8th | Czechia | 4.71% | 0.7% |
| 9th | Korea | 4.73% | -8.9% |
| 10th | Kuwait | 5.17% | 4.9% |
| 11th | Italy | 5.25% | 7.4% |
| 12th | Malaysia | 5.28% | -0.7% |
| 13th | San Marino | 5.49% | -2.5% |
| 14th | Brunei Darussalam | 5.50% | 0.0% |
| 15th | Hong Kong SAR, China | 5.74% | -0.5% |
| 16th | Dominica | 5.83% | -1.7% |
| 17th | North Macedonia | 5.85% | 7.5% |
| 18th | Macao SAR, China | 6.02% | 0.1% |
| 19th | Norway | 6.15% | 15.8% |
| 20th | Qatar | 6.18% | -4.2% |
| 21st | Botswana | 6.26% | -7.1% |
| 22nd | St. Lucia | 6.29% | -1.8% |
| 23rd | Albania | 6.44% | 1.4% |
| 24th | St. Kitts and Nevis | 6.46% | -3.1% |
| 25th | Antigua and Barbuda | 6.53% | -2.8% |
| 26th | Montenegro | 6.60% | 4.0% |
| 27th | Grenada | 6.89% | -0.6% |
| 28th | St. Vincent and the Grenadines | 7.10% | -0.9% |
| 29th | Costa Rica | 7.33% | -19.4% |
| 30th | Trinidad and Tobago | 7.50% | -0.3% |
| 31st | Tonga | 7.76% | 0.3% |
| 32nd | Cabo Verde | 7.79% | 3.5% |
| 33rd | Algeria | 8.00% | 0.0% |
| 34th | Guyana | 8.38% | 0.0% |
| 35th | Belize | 8.42% | -0.2% |
| 36th | Samoa | 8.43% | 1.3% |
| 37th | Jordan | 8.48% | -5.3% |
| 38th | Vanuatu | 8.64% | -3.3% |
| 39th | Romania | 8.76% | -6.0% |
| 40th | Indonesia | 8.80% | -1.5% |
| 41st | Moldova | 8.91% | -27.8% |
| 42nd | Hungary | 9.13% | -40.4% |
| 43rd | Mauritius | 9.38% | -1.3% |
| 44th | Seychelles | 9.81% | 2.9% |
| 45th | Bangladesh | 9.85% | 30.2% |
| 46th | Uruguay | 9.91% | -16.7% |
| 47th | Belarus | 9.99% | 0.3% |
| 48th | Bhutan | 10.54% | -14.1% |
| 49th | Timor-Leste | 10.61% | -1.1% |
| 50th | Eswatini | 10.88% | 0.4% |
| 51st | Namibia | 10.96% | 0.3% |
| 52nd | Lesotho | 11.21% | 1.1% |
| 53rd | Mexico | 11.22% | -3.2% |
| 54th | Nicaragua | 11.24% | 18.5% |
| 55th | Maldives | 11.55% | -1.1% |
| 56th | South Africa | 11.63% | 1.1% |
| 57th | Jamaica | 12.00% | 3.0% |
| 58th | Georgia | 12.03% | -10.9% |
| 59th | Guatemala | 12.40% | 3.6% |
| 60th | Iceland | 12.46% | 8.0% |
| 61st | Armenia | 13.15% | 6.2% |
| 62nd | Azerbaijan | 14.67% | 5.1% |
| 63rd | South Sudan | 14.68% | -10.3% |
| 64th | Suriname | 14.80% | 4.4% |
| 65th | Dominican Republic | 15.25% | 5.7% |
| 66th | Honduras | 16.00% | 11.1% |
| 67th | Rwanda | 16.02% | -0.3% |
| 68th | Colombia | 16.37% | -22.1% |
| 69th | Angola | 19.40% | 14.6% |
| 70th | Ukraine | 19.59% | -11.4% |
| 71st | Kyrgyz Republic | 19.78% | 3.5% |
| 72nd | Sierra Leone | 20.44% | 4.1% |
| 73rd | Mozambique | 21.73% | -8.3% |
| 74th | Uzbekistan | 23.13% | 4.4% |
| 75th | Egypt, Arab Republic of | 24.29% | 36.8% |
| 76th | Malawi | 37.06% | 10.5% |
| 77th | Brazil | 40.23% | -7.7% |
| 78th | Argentina | 61.71% | -35.7% |
FAQ
What was Grenada's lending rate in 2024?▾
Grenada's lending rate in 2024 was 6.89%. This ranked 27th globally.
How did Grenada's lending rate change in 2024?▾
Grenada's lending rate decreased by 0.6% in 2024 compared to 2023.
Which country had the highest lending rate in 2024?▾
Argentina had the highest lending rate in 2024 at 61.71%.
What is the lending rate of Grenada in 2024?▾
The lending rate of Grenada in 2024 was 6.89%. This ranked 27th globally.
How does 2024 compare to 2023 for Grenada's lending rate?▾
Grenada's lending rate went from 6.93% in 2023 to 6.89% in 2024, a 0.6% decrease.
Related
2023
2025
All years
Full ranking 2024
Deposit Rate
Real Interest Rate
M2 Money Supply Growth
Credit to GDP
Non-Performing Loans
Peak: 1986
Lowest: 2022
Lending Rate 1990s
Lending Rate 2000s
Lending Rate 2010s
Lending Rate 2020s
Highest ever
Lowest ever
Average
vs Mauritius
vs Dominican Republic
vs China
vs Malaysia
Global Ranking