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 | 1977 - 2023 |
| Average | 38.30 |
| 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 77.28 percent, based on data from 83 countries. Historically, the average for Grenada from 1977 to 2023 is 38.3 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: Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 86.09 | 2021 | percent |
| Financial openness | -1.242 | 2021 | index points |
| Foreign Direct Investment, percent of GDP | 12.41 | 2023 | percent |
| Foreign Direct Investment, billion dollars | 0.16 | 2023 | billion U.S. dollars |
| Portfolio investment inflows, equities | 0.00 | 2023 | million dollars (current) |
| Current account, percent of GDP | -11.02 | 2022 | percent |
| Current account, in dollars | -0.18 | 2023 | billion U.S. dollars |
| Trade balance, in dollars | -0.12 | 2023 | billion U.S. dollars |
| Reserves | 0.40 | 2023 | billion U.S. dollars |
| Remittances, percent of GDP | 3.74 | 2023 | percent |
| Remittances | 49.32 | 2023 | million U.S. dollars |
| Net errors and omissions | -18.97 | 2023 | million USD |
| External debt | 60.32 | 2022 | percent |
| Short-term external debt | 7.60 | 2023 | percent |
| Short-term debt to reserves | 13.68 | 2023 | percent |