Grenada: Bank assets to GDP

The latest value from 2021 is 61.89 percent, a decline from 64.56 percent in 2020. In comparison, the world average is 71.17 percent, based on data from 140 countries. Historically, the average for Grenada from 1977 to 2021 is 57.3 percent. The minimum value, 27.25 percent, was reached in 1979 while the maximum of 95.18 percent was recorded in 2011. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Total assets held by deposit money banks as a share of GDP. Assets include claims on domestic real nonfinancial sector which includes central, state and local governments, nonfinancial public enterprises and private sector. Deposit money banks comprise commercial banks and other financial institutions that accept transferable deposits, such as demand deposits.