Grenada Short-term Debt
Short-term debt as % of total external debt DT.DOD.DSTC.ZS
Grenada's short-term debt was -0.14% in 2025, ranked 115th globally. This represents a 107.5% decrease from 2024. Data from World Bank, covering 1970–2025.
Overview
Grenada's short-term debt stood at -0.14% in 2025, a decline of +1.95% from 2024. Based on recent trends, this figure is projected to reach -0.14% by 2025. Grenada ranked 115th globally.
Grenada’s short‑term debt ratio, measured as the share of external short‑term liabilities to GDP, has moved from a neutral 0.00 in 1970 to a historic low of –0.14 in 2025, the lowest value among 115 economies reported by the World Bank. The indicator peaked at 37.24 in 1998, reflecting a period of heightened borrowing that coincided with regional debt expansions in the late 1990s. Since then, successive fiscal adjustments and debt‑service reforms have driven the metric downward, culminating in the current trough. Compared with peers of similar rank, Grenada’s –0.14 is marginally better than Comoros (–0.10) but still above Mauritania (–0.40) and Malawi (–0.52), suggesting that while the nation has outperformed some lower‑ranked economies, it remains vulnerable to external shocks that could reverse the decline. Continued consolidation of public finances and diversification of export revenues will be crucial to sustain the downward trajectory of short‑term debt.
Data & projection
| Year | Short-term Debt | YoY change | Rank |
|---|---|---|---|
| 2027* trend | -5.73% | - | - |
| 2026* trend | -2.93% | - | - |
| 2025* trend | -0.14% | - | - |
| 2025 | -0.14% | −1.95% | #115 |
| 2024 | 1.82% | −4.45% | #23 |
| 2023 | 6.27% | −1.30% | #46 |
| 2022 | 7.57% | −5.81% | #52 |
| 2021 | 13.39% | +1.14% | #80 |
| 2020 | 12.25% | +9.72% | #73 |
| 2019 | 2.53% | −0.36% | #18 |
| 2018 | 2.88% | −1.03% | #27 |
| 2017 | 3.91% | −0.38% | #33 |
| 2016 | 4.29% | +1.14% | #35 |
| 2015 | 3.15% | −9.22% | #26 |
| 2014 | 12.37% | +4.46% | #69 |
| 2013 | 7.91% | −4.10% | #52 |
| 2012 | 12.02% | +9.05% | #64 |
| 2011 | 2.97% | −3.73% | #30 |
Detected Pattern
Analysis
Grenada matched the Export Boom Cycle pattern in 1985. Historically, 71% of countries showing this pattern (546 out of 768) saw short-term debt improve within 24 months. View full analysis →
Frequently Asked Questions
Grenada's short-term debt was -0.14% in 2025. Ranked 115th globally. This represents a 107.5% decrease from the previous year.
Grenada's short-term debt peaked at 37.24% in 1998.
The lowest short-term debt in Grenada was -0.14% in 2025.
Grenada ranks 115th globally in short-term debt as of 2025.
The World Bank indicator code is DT.DOD.DSTC.ZS. Data sourced from World Bank.
Grenada's short-term debt is projected to reach -0.14% by 2025 based on trend extrapolation.
The short-term debt of Grenada in 2025 was -0.14%. This ranks 115th in the world.
Cite this page
@misc{historysaid_grenada_short-term-debt,
title = {Grenada Short-term Debt},
url = {https://historysaid.com/grenada/short-term-debt/},
publisher = {HistorySaid},
year = {2026}
}