Grenada: Real interest rate

* indicates monthly or quarterly data series

Real interest rate: Bank lending rate minus inflation

 Latest value 4.59
 Year 2022
 Measure percent
 Data availability 1982 - 2022
 Average 7.49
 Min - Max 1.56 - 12.31
 Source The International Monetary Fund
For that indicator, we provide data for Grenada from 1982 to 2022. The average value for Grenada during that period was 7.49 percent with a minimum of 1.56 percent in 2008 and a maximum of 12.31 percent in 1990. The latest value from 2022 is 4.59 percent. For comparison, the world average in 2022 based on 90 countries is -0.33 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Grenada - Real interest rate - Recent values chart

Historical chart
Grenada - Real interest rate - historical chart - 1982-2022

Definition: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.

 Related indicators Latest value Reference Measure
 Lending-deposit interest rate spread 5.67 2020 interest rate points
 Non-performing loans 2.94 2021 percent
 Bank credit to deposits 64.40 2021 percent
 Regulatory capital to risk-weighted assets 12.24 2014 percent
 Banking system capital to assets 9.23 2014 percent
 Lending interest rate 6.44 2022 percent
 Real interest rate 4.59 2022 percent
 Legal rights 6.00 2020 points
 Credit information sharing 0.00 2019 points
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