National Debt (% of GDP): Grenada
Grenada's national debt (% of gdp) is currently 65.5% as of 2026. # Grenada National Debt (% of GDP) Grenada's national debt stood at 65.
Current (2026)
65.5%
-3.2% y/y
Peak (2013)
105.4%
Low (1999)
34.5%
Source
IMF World Economic Outlook
1991–2026 · 40 pts
National Debt (% of GDP) — Grenada
1991 — 2026
National Debt (% of GDP) — Grenada
Analysis# Grenada National Debt (% of GDP)
Grenada's national debt stood at 65.5% of GDP in 2026, down significantly from its all-time peak of 105.4% in 2013 but substantially higher than the low of 34.5% recorded in 1999. Since 1991, the country's debt burden has increased by 56 percentage points overall, reflecting decades of fiscal challenges punctuated by periods of relative stability.
The most dramatic turning point occurred between 2013 and 2017, when aggressive fiscal consolidation efforts reduced debt from its crisis peak by over 30 percentage points in just four years. A temporary spike followed in 2020 due to pandemic-related spending, reaching 89.5% of GDP, but Grenada has since resumed a consistent downward trajectory. The recent trend through 2026 projects continued debt reduction, with annual declines averaging 1-2 percentage points, suggesting the country is gradually restoring fiscal health.
Historical Data
40 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 67.4% | +0.45% |
| 2029 | 67.1% | +0.30% |
| 2028 | 66.9% | +1.67% |
| 2027 | 65.8% | +0.46% |
| 2026 | 65.5% | -3.25% |
| 2025 | 67.7% | -6.88% |
| 2024 | 72.7% | -2.42% |
| 2023 | 74.5% | -6.05% |
| 2022 | 79.3% | -8.43% |
| 2021 | 86.6% | -3.24% |
| 2020 | 89.5% | +42.74% |
| 2019 | 62.7% | -8.47% |
| 2018 | 68.5% | -2.56% |
| 2017 | 70.3% | -13.85% |
| 2016 | 81.6% | -9.43% |
| 2015 | 90.1% | -9.26% |
| 2014 | 99.3% | -5.79% |
| 2013 | 105.4% | +3.84% |
| 2012 | 101.5% | -1.26% |
| 2011 | 102.8% | +6.86% |
Show all 40 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 96.2% | +5.60% |
| 2009 | 91.1% | +8.58% |
| 2008 | 83.9% | -5.84% |
| 2007 | 89.1% | -4.09% |
| 2006 | 92.9% | +6.41% |
| 2005 | 87.3% | -7.81% |
| 2004 | 94.7% | +18.97% |
| 2003 | 79.6% | +0.63% |
| 2002 | 79.1% | +77.35% |
| 2001 | 44.6% | +7.21% |
| 2000 | 41.6% | +20.58% |
| 1999 | 34.5% | -14.39% |
| 1998 | 40.3% | -2.66% |
| 1997 | 41.4% | -5.69% |
| 1996 | 43.9% | +1.86% |
| 1995 | 43.1% | -5.69% |
| 1994 | 45.7% | +0.88% |
| 1993 | 45.3% | +12.97% |
| 1992 | 40.1% | -4.52% |
| 1991 | 42.0% | — |
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