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household debts in Grenada

Gross debt in Grenada

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Grenada in the period from 1998 to 2021 was between 166.2 million and 905.5 million USD. The hightest level within the past 23 years was reached in 2014. However, the liabilities in 2021 have been only 790 million USD

Based on the number of inhabitants, this is a debt of 6,337 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,695 USD.


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Gross debt for the last 23 years in millions of USD




YearGrenada totalGrenada per capitaEU per capita
1998179.57 M USD1,760 USD14,079 USD
1999166.21 M USD1,623 USD14,032 USD
2000216.47 M USD2,105 USD11,232 USD
2001232.16 M USD2,249 USD11,255 USD
2002427.35 M USD4,124 USD12,258 USD
2003470.23 M USD4,521 USD15,286 USD
2004567.33 M USD5,437 USD17,595 USD
2005607.31 M USD5,803 USD18,327 USD
2006649.26 M USD6,187 USD18,877 USD
2007675.66 M USD6,424 USD20,898 USD
2008693.10 M USD6,572 USD24,086 USD
2009702.59 M USD6,642 USD25,361 USD
2010741.84 M USD6,984 USD26,496 USD
2011800.32 M USD7,495 USD29,231 USD
2012811.89 M USD7,556 USD28,174 USD
2013888.43 M USD8,213 USD29,981 USD
2014905.48 M USD8,315 USD30,648 USD
2015898.30 M USD7,550 USD25,918 USD
2016865.96 M USD7,218 USD26,261 USD
2017792.51 M USD6,554 USD27,024 USD
2018746.74 M USD6,129 USD28,448 USD
2019710.48 M USD5,789 USD27,168 USD
2020745.11 M USD6,025 USD30,783 USD
2021789.66 M USD6,337 USD33,695 USD


Comparison of gross debt per capita with the European Union in U.S. dollars



      Grenada       European Union


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