Grenada Real Interest Rate
Real interest rate FR.INR.RINR
Grenada's real interest rate was 5.49% in 2025, ranked 35th globally. This represents a 33.4% decrease from 2024. Data from World Bank, covering 1982–2025.
Overview
Grenada's real interest rate stood at 5.49% in 2025, a decline of +2.75pp from 2024. Based on recent trends, this figure is projected to reach 5.49% by 2025. Grenada ranked 35th globally.
Grenada’s real interest rate has fallen markedly since the early 1990s, moving from an all‑time peak of 12.31% in 1990 to a trough of 1.56% in 2008, before climbing again to the latest 2025 reading of 5.49% (World Bank). This 2025 figure places Grenada 35th in the global ranking and is closely aligned with peer economies such as China at 5.48% and the Maldives at 5.66%, reflecting a moderate cost of borrowing relative to many developing nations. Over the 44‑year coverage period, the downward swing after the 1990 peak coincided with regional monetary reforms and a post‑global‑financial‑crisis recovery, while the recent rise suggests tightening monetary conditions and inflation‑anchoring policies. If inflation pressures ease and fiscal consolidation continues, the real rate could stabilize near its current level; however, renewed external shocks or fiscal deficits might push the trajectory upward again.
Data & projection
| Year | Real Interest Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 5.66% | - | - |
| 2026* trend | 5.58% | - | - |
| 2025* trend | 5.49% | - | - |
| 2025 | 5.49% | −2.75pp | #35 |
| 2024 | 8.25% | +5.88pp | #59 |
| 2023 | 2.37% | −2.35pp | #38 |
| 2022 | 4.72% | +1.00pp | #78 |
| 2021 | 3.72% | −3.44pp | #63 |
| 2020 | 7.15% | +3.05pp | #62 |
| 2019 | 4.11% | −4.49pp | #34 |
| 2018 | 8.60% | +1.92pp | #93 |
| 2017 | 6.68% | +0.85pp | #88 |
| 2016 | 5.84% | −0.20pp | #62 |
| 2015 | 6.04% | −2.31pp | #63 |
| 2014 | 8.35% | +2.18pp | #90 |
| 2013 | 6.17% | +0.59pp | #70 |
| 2012 | 5.58% | −4.86pp | #73 |
| 2011 | 10.44% | +0.39pp | #118 |
Detected Pattern
Analysis
Grenada matched the Export Boom Cycle pattern in 1985. Historically, 71% of countries showing this pattern (546 out of 768) saw real interest rate improve within 24 months. View full analysis →
Frequently Asked Questions
Grenada's real interest rate was 5.49% in 2025. Ranked 35th globally. This represents a 33.4% decrease from the previous year.
Grenada's real interest rate peaked at 12.31% in 1990.
The lowest real interest rate in Grenada was 1.56% in 2008.
Grenada ranks 35th globally in real interest rate as of 2025.
The World Bank indicator code is FR.INR.RINR. Data sourced from World Bank.
Grenada's real interest rate is projected to reach 5.49% by 2025 based on trend extrapolation.
The real interest rate of Grenada in 2025 was 5.49%. This ranks 35th in the world.
Cite this page
@misc{historysaid_grenada_real-interest-rate,
title = {Grenada Real Interest Rate},
url = {https://historysaid.com/grenada/real-interest-rate/},
publisher = {HistorySaid},
year = {2026}
}