Grenada: Short-term debt to reserves
* indicates monthly or quarterly data series
| Grenada |
Short-term external debt, percent of international reserves |
|---|---|
| Latest value | 13.68 |
| Year | 2023 |
| Measure | percent |
| Data availability | 1990 - 2023 |
| Average | 45.19 |
| Min - Max | 5.86 - 160.58 |
| Source | The World Bank |
The latest value from 2023 is 13.68 percent, a decline from 17.39 percent in 2022. In comparison, the world average is 564.82 percent, based on data from 143 countries. Historically, the average for Grenada from 1990 to 2023 is 45.19 percent. The minimum value, 5.86 percent, was reached in 2019 while the maximum of 160.58 percent was recorded in 1993.
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Definition: Debt of public and private domestic borrowers to non-residents with maturity of twelve months of less as percent of total foreign exchange reserves. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 86.10 | 2024 | percent |
| Financial openness | -1.248 | 2022 | index points |
| Foreign Direct Investment, percent of GDP | 12.02 | 2025 | percent |
| Foreign Direct Investment, billion dollars | 0.16 | 2024 | billion U.S. dollars |
| Portfolio investment inflows, equities | -0.03 | 2021 | million dollars (current) |
| Current account, percent of GDP | -23.13 | 2025 | percent |
| Current account, in dollars | -0.33 | 2025 | billion U.S. dollars |
| Trade balance, in dollars | -0.16 | 2024 | billion U.S. dollars |
| Reserves | 0.41 | 2025 | billion U.S. dollars |
| Remittances, percent of GDP | 3.50 | 2024 | percent |
| Remittances | 47.51 | 2025 | million U.S. dollars |
| Net errors and omissions | 19.00 | 2025 | million USD |
| External debt | 54.43 | 2023 | percent |
| Short-term external debt | 7.60 | 2023 | percent |
| Short-term debt to reserves | 13.68 | 2023 | percent |