Grenada Non-Performing Loans
Bank nonperforming loans as % of total gross loans FB.AST.NPER.ZS
Grenada's non-performing loans was 4.22% in 2025, ranked 52nd globally. This represents a 17.8% increase from 2024. Data from World Bank, covering 2015–2025.
Overview
Grenada's non-performing loans stood at 4.22% in 2025, a rise of +0.64pp from 2022. Based on recent trends, this figure is projected to reach 4.22% by 2025. Grenada ranked 52nd globally.
Grenada’s non‑performing loan (NPL) ratio fell sharply from its all‑time peak of 9.95 % in 2015 to a trough of 2.20 % in 2019, before rising again to 4.22 % in 2025, placing the country 52nd globally. The steep decline through the late 2010s reflects a period of tightened credit standards and improved loan monitoring by banks, while the modest rebound after 2019 coincides with broader post‑pandemic credit stress across the Caribbean. Grenada’s 2025 NPL level is close to that of its peers, such as Nepal at 4.14 % and Macao SAR at 4.29 %, suggesting that regional financial conditions remain similar despite differing economic structures. The nine‑year coverage of data shows that volatility in the NPL ratio is now lower than during the 2015 peak, indicating a more resilient banking sector. Continued fiscal consolidation and targeted support for vulnerable borrowers could help sustain the downward trajectory and keep Grenada’s NPL ratio below its recent high.
Data & projection
| Year | Non-Performing Loans | YoY change | Rank |
|---|---|---|---|
| 2025* trend | 4.22% | - | - |
| 2025 | 4.22% | +0.64pp | #52 |
| 2022 | 3.58% | +0.65pp | #70 |
| 2021 | 2.94% | +0.70pp | #55 |
| 2020 | 2.24% | +0.03pp | #37 |
| 2019 | 2.20% | −0.20pp | #43 |
| 2018 | 2.40% | −1.50pp | #41 |
| 2017 | 3.91% | −2.79pp | #69 |
| 2016 | 6.70% | −3.25pp | #80 |
| 2015 | 9.95% | – | #104 |
Detected Pattern
Analysis
Grenada matched the Export Boom Cycle pattern in 1985. Historically, 71% of countries showing this pattern (546 out of 768) saw non-performing loans improve within 24 months. View full analysis →
Frequently Asked Questions
Grenada's non-performing loans was 4.22% in 2025. Ranked 52nd globally. This represents a 17.8% increase from the previous year.
Grenada's non-performing loans peaked at 9.95% in 2015.
The lowest non-performing loans in Grenada was 2.20% in 2019.
Grenada ranks 52nd globally in non-performing loans as of 2025.
The World Bank indicator code is FB.AST.NPER.ZS. Data sourced from World Bank.
Grenada's non-performing loans is projected to reach 4.22% by 2025 based on trend extrapolation.
The non-performing loans of Grenada in 2025 was 4.22%. This ranks 52nd in the world.
Cite this page
@misc{historysaid_grenada_non-performing-loans,
title = {Grenada Non-Performing Loans},
url = {https://historysaid.com/grenada/non-performing-loans/},
publisher = {HistorySaid},
year = {2026}
}