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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 30,798 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 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
2010747.40 M USD7,036 USD26,496 USD
2011784.02 M USD7,342 USD29,231 USD
2012826.58 M USD7,693 USD28,174 USD
2013910.53 M USD8,417 USD29,981 USD
2014927.58 M USD8,518 USD30,648 USD
2015898.30 M USD8,196 USD25,920 USD
2016865.96 M USD7,854 USD26,262 USD
2017789.21 M USD7,118 USD27,025 USD
2018752.16 M USD6,749 USD28,454 USD
2019734.30 M USD6,556 USD27,178 USD
2020742.97 M USD6,603 USD30,798 USD


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



      Grenada       European Union


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