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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. On the other hand 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 2020 was between 166.2 million and 927.6 million USD. The hightest level within the past 22 years was reached in 2014. However, the liabilities in 2020 have been only 743 million USD

Based on the number of inhabitants, this is in Grenada a debt of 6,603 USD per person. For comparison: The average debt per person in the same year in the European Union was 30,780 USD.


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Gross debt for the last 22 years in millions of USD




YearGrenada totalGrenada per capitaEU per capita
1998179.57 M USD1,760 USD12,387 USD
1999166.21 M USD1,623 USD12,342 USD
2000216.47 M USD2,105 USD9,877 USD
2001232.16 M USD2,249 USD9,894 USD
2002427.35 M USD4,124 USD10,773 USD
2003470.23 M USD4,521 USD13,433 USD
2004567.33 M USD5,437 USD15,459 USD
2005607.14 M USD5,801 USD16,095 USD
2006649.26 M USD6,187 USD16,570 USD
2007675.66 M USD6,423 USD18,334 USD
2008693.10 M USD6,572 USD21,119 USD
2009702.59 M USD6,641 USD22,222 USD
2010747.40 M USD7,035 USD26,496 USD
2011784.02 M USD7,342 USD29,231 USD
2012826.58 M USD7,693 USD28,064 USD
2013910.53 M USD8,417 USD29,836 USD
2014927.58 M USD8,518 USD30,512 USD
2015898.30 M USD8,196 USD25,813 USD
2016865.96 M USD7,854 USD26,165 USD
2017789.21 M USD7,118 USD26,931 USD
2018752.16 M USD6,749 USD28,362 USD
2019734.30 M USD6,556 USD27,095 USD
2020742.97 M USD6,603 USD30,780 USD


Comparison of the gross debt per capita with the European Union in Euro



      Grenada       European Union


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