Country profile · Issue No. 01 · May 2026
Grenada.
GRDGrenada’s row in the Caribbean Debt Tracker. Five metrics, the stated fiscal anchor, current IMF engagement, and the primary sources behind every figure. Last verified 2026-05-02.
- Debt to GDP
- 75.0%
- Primary balance
- -3.2%
- Real GDP growth
- 4.4%
as of 2024
% of GDP
2025 projection
Fiscal anchor
ECCU regional benchmark: public debt to 60% of GDP by 2035; statutory primary-surplus floor under the Fiscal Responsibility Act (1.5% of GDP from 2027).
IMF programme status
No active programme; surveillance only
Notes
Strong CBI revenues delivered a 2023 fiscal surplus of 8% of GDP and brought public debt down to 75% by 2024. Hurricane Beryl (July 2024) damaged Carriacou, Petite Martinique, and northern parishes by more than 16% of GDP, prompting a temporary suspension of fiscal rules; staff estimate a 2025 primary deficit of 3.2% of GDP. Growth accelerated to 4.4% in 2025 from 3.3% in 2024 and is expected to moderate toward a 2.7% potential rate by 2029. Debt remains on a sustainable path with the 60% target projected by 2033.
Sources
Last verified · 2026-05-02
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Read the full Tracker.
The same five metrics across the Caribbean Community, with the regional aggregate panel and the methodology. Refreshed against each new IMF World Economic Outlook release. Issue No. 02 follows the October 2026 (post the IMF WEO autumn release).