Grenada: Lending-deposit interest rate spread
* indicates monthly or quarterly data series
| Grenada |
Bank lending-deposit interest rate spread |
|---|---|
| Latest value | 5.67 |
| Year | 2020 |
| Measure | interest rate points |
| Data availability | 1982 - 2020 |
| Average | 7.71 |
| Min - Max | 5.67 - 10.68 |
| Source | The International Monetary Fund |
The latest value from 2020 is 5.67 interest rate points, a decline from 6.23 interest rate points in 2019. In comparison, the world average is 6.59 interest rate points, based on data from 93 countries. Historically, the average for Grenada from 1982 to 2020 is 7.71 interest rate points. The minimum value, 5.67 interest rate points, was reached in 2020 while the maximum of 10.68 interest rate points was recorded in 1986.
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* indicates monthly or quarterly data series
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Definition: Difference between the lending rate and the deposit rate. The lending rate is the rate charged by banks on loans to the private sector and the deposit interest rate is the rate offered by commercial banks on three-month deposits.
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| Related indicators | Latest | 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 | 6.93 | 2023 | percent |
| Real interest rate | 2.99 | 2023 | percent |
| Legal rights | 6.00 | 2019 | points |
| Credit information sharing | 0.00 | 2019 | points |