Grenada: Business credit interest rate
* indicates monthly or quarterly data series
The most recent value is 9.43 percent as of May 2026, no change compared to the previous value of 9.43 percent. Historically, the average for Grenada from March 2009 to May 2026 is 9.77 percent. The minimum of 6.3 percent was recorded in December 2011, while the maximum of 10.5 percent was reached in March 2009.
Click on the following link to see the values of: Business credit interest rate around the world.
Select indicator
Download data from our database
* indicates monthly or quarterly data series
- Measure: percent
- Definition: The business credit interest rate is the average interest rate on the loan products offered by commercial banks to non-financial corporations. The business credit is a credit specifically intended for business purposes including secured and unsecured business loans to small or large business with variable or fixed interest rate.
- Source: East Carribean Central Bank
| Recent values | Grenada: Business credit interest rate, percent |
|---|---|
| 2026 May | 9.43 |
| 2026 Apr | 9.43 |
| 2026 Mar | 9.43 |
| 2026 Feb | 9.43 |
| 2026 Jan | 9.43 |
| 2025 Dec | 9.43 |
| 2025 Nov | 9.43 |
| 2025 Oct | 9.43 |
Download data from our database Other resources: All indicators for Grenada All indicators on the website Article: Are trade deficits bad for the economy? Article: Sources of economic growth Article: Currency values and investment returns All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 0.6 | 2025 | percent |
| Exchange rate regimes | 2 | 2023 | index points |
| USD exchange rate | 2.7026 | 8/2026 | Local Currency Units per USD |
| Money supply (broad money) | 3.60 | 5/2026 | billion |
| Consumer Price Index (CPI) | 122.5000 | 6/2026 | index points |
| Inflation, monthly | 0.06 | 6/2026 | percent |
| Inflation, annual | 2.03 | 6/2026 | percent |
| Private sector credit | 2.21 | 3/2026 | billion |
| Business credit | 0.77 | 3/2026 | billion |
| Household credit | 1.43 | 3/2026 | billion |
| Mortgage credit | 0.49 | Q4/2019 | billion |
| Consumer credit | 0.55 | Q4/2019 | billion |
| Deposit interest rate | 1.00 | 5/2026 | percent |
| Business credit interest rate | 9.43 | 5/2026 | percent |
| Mortgage credit interest rate | 7.00 | 5/2026 | percent |