Broad money to total reserves ratio (United Nations) in Grenada
Grenada: Broad money to total reserves ratio (United Nations) was 3.05 in 2024. ▼ Falling
Broad money to total reserves ratio in Grenada, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Grenada recorded 3.05 for broad money to total reserves ratio in 2024.
That represents a change of up 3.5% on the previous year and down 35.7% over ten years.
Over the whole period, broad money to total reserves ratio in Grenada peaked at 7.06 in 2001 and was at its lowest, 2.94, in 2023.
That places Grenada 78th out of 164 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Broad money to total reserves ratio (United Nations) in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 7.05 | — |
| 2001 | 7.06 | +0.1% |
| 2002 | 5.68 | -19.5% |
| 2003 | 6.36 | +12.0% |
| 2004 | 5.23 | -17.8% |
| 2005 | 6.33 | +21.1% |
| 2006 | 6.11 | -3.6% |
| 2007 | 6.19 | +1.4% |
| 2008 | 6.83 | +10.3% |
| 2009 | 5.76 | -15.7% |
| 2010 | 6.44 | +11.7% |
| 2011 | 6.38 | -0.9% |
| 2012 | 6.12 | -4.0% |
| 2013 | 5.04 | -17.7% |
| 2014 | 4.74 | -5.9% |
| 2015 | 4.37 | -7.9% |
| 2016 | 4.35 | -0.4% |
| 2017 | 4.68 | +7.5% |
| 2018 | 4.35 | -7.0% |
| 2019 | 4.22 | -3.1% |
| 2020 | 3.36 | -20.4% |
| 2021 | 3.07 | -8.6% |
| 2022 | 3.16 | +2.9% |
| 2023 | 2.94 | -6.8% |
| 2024 | 3.05 | +3.5% |
Grenada compared with similar countries
- Grenada's 3.05 is above the median for upper middle income countries, which is 2.8, 1.1× the median. (52 countries reporting)
- Grenada's 3.05 is below the median for Latin America & Caribbean, which is 3.46, 88% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.26 | 5.23 | 7.06 | 10 |
| 2010s | 5.07 | 4.22 | 6.44 | 10 |
| 2020s | 3.12 | 2.94 | 3.36 | 5 |
Countries ranked near Grenada
More infrastructure data for Grenada
- Mobile cellular subscriptions 111,955 (2022)
- Mobile cellular subscriptions 95.76 per 100 people (2022)
- Fixed telephone subscriptions 16,991 (2022)
- Fixed telephone subscriptions 14.53 per 100 people (2022)
- Fixed telephone subscriptions, per capita 0.1453 units per person (2022)
- Fixed telephone subscriptions, per unit of GDP 0 units per US$ of GDP (2022)
- Fixed telephone subscriptions, annual growth rate -34.68 % change on previous year (2022)
- Fixed telephone subscriptions, gaps filled 16,991 (2022)
- Mobile cellular subscriptions, per capita 0.9576 units per person (2022)
- Mobile cellular subscriptions, per unit of GDP 0.0001 units per US$ of GDP (2022)
Frequently asked questions
- What is broad money to total reserves ratio in Grenada?
- Broad money to total reserves ratio in Grenada was 3.05 in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest broad money to total reserves ratio recorded in Grenada?
- The highest recorded value was 7.06 in 2001.
- What is the lowest broad money to total reserves ratio recorded in Grenada?
- The lowest recorded value was 2.94 in 2023.
- How does Grenada rank for broad money to total reserves ratio?
- Grenada ranks 78th out of 164 countries with data for 2024.
- Is broad money to total reserves ratio rising or falling in Grenada?
- Over the last ten years it is down 35.7%. The long-run trend across the full record is falling.
- Where does this Grenada data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Broad money to total reserves ratio. Statizoid updates them automatically from the source API.
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