Bank Deposits Statistics in Grenada (2026)
According to IMF Financial Access Survey data, outstanding bank deposits in Grenada came to 84.5% of GDP in 2024. Up from 82.8% of GDP in 2023 to 84.5% of GDP in 2024 (+1.7 percentage points). Grenada ranks #5 of 32 economies in Latin America & Caribbean on this measure, and #40 of 172 globally.
Key Statistics
- Latest value (2024)
- 84.5% of GDP (2024)
- Bank Deposits in Grenada as of 2024, the most recent observation in IMF Financial Access Survey data.
- Change since 2023
- +1.7 pp (2024)
- Up from 82.8% of GDP in 2023 to 84.5% of GDP in 2024 (+1.7 percentage points).
- Earliest value in this dataset (2004)
- 86.8% of GDP (2004)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 86.8% of GDP in 2004 to 84.5% of GDP in 2024.
- Peak value (2020)
- 94.6% of GDP (2020)
- Highest value in the available series; the 2024 value is 84.5% of GDP.
- Rank in Latin America & Caribbean
- #5 of 32 (2024)
- Grenada ranks 5 of 32 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #40 of 172 (2024)
- Grenada ranks 40 of 172 countries with data globally.
- Latin America & Caribbean average
- 55.7% of GDP (2024)
- Grenada (84.5% of GDP) is above the average of 55.7% of GDP across the 32 countries in Latin America & Caribbean with data.
- Internet use in Grenada (2024)
- 70.2% (2024)
- 70.2% of the population in Grenada used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 117,207 (2024)
- Grenada had a population of 117,207 in 2024 (World Bank); shown for scale only.
Trend, 2004–2024
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 84.5% | +1.7 pp |
| 2023 | 82.8% | −5.4 pp |
| 2022 | 88.2% | −1.0 pp |
| 2021 | 89.2% | −5.4 pp |
| 2020 | 94.6% | +17.4 pp |
| 2019 | 77.2% | +0.3 pp |
| 2018 | 76.9% | +3.9 pp |
| 2017 | 73% | −2.2 pp |
| 2016 | 75.2% | −1.1 pp |
| 2015 | 76.3% | +1.6 pp |
| 2014 | 74.7% | −1.5 pp |
| 2013 | 76.2% | −1.5 pp |
| 2012 | 77.7% | −6.9 pp |
| 2011 | 84.6% | −0.9 pp |
| 2010 | 85.5% | +3.5 pp |
| 2009 | 82% | +7.2 pp |
| 2008 | 74.8% | −1.3 pp |
| 2007 | 76.1% | +0.9 pp |
| 2006 | 75.1% | +3.8 pp |
| 2005 | 71.4% | −15.5 pp |
| 2004 | 86.8% | — |
Frequently asked questions
What is the latest figure for outstanding bank deposits in Grenada?
Outstanding bank deposits in Grenada stood at 84.5% of GDP in 2024, according to IMF Financial Access Survey data.
When did bank deposits in Grenada peak?
The highest value in the available series was 94.6% of GDP in 2020; the latest (2024) value is 84.5% of GDP.
How recent is the bank deposits data for Grenada?
The most recent observation is from 2024. IMF Financial Access Survey data is reported with a lag, so 2024 is the latest available year for Grenada.
Where does the bank deposits data for Grenada come from?
The data comes from the IMF Financial Access Survey (indicator OUTD_COMBANK.POGDP). The latest observation for Grenada is from 2024; the snapshot was retrieved on 2026-06-10.
Source & methodology
Source: IMF Financial Access Survey, indicator
OUTD_COMBANK.POGDP, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .