Banking - Grenada
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Central bank discount rate (%) | 6.5 |
Commercial bank prime lending rate (%) | 9.4 |
Value & RankThe Central bank discount rate of Grenada is 6.50 (%) with a global rank of 52.
Grenada compared to other CountriesThe Central bank discount rate of Grenada is similar to that of St. Lucia, St. Kitts and Nevis, Sri Lanka, Morocco, Guatemala, Dominica, Antigua and Barbuda, Indonesia, Norway, Honduras with a respective Central bank discount rate of 6.50, 6.50, 6.50, 6.50, 6.50, 6.50, 6.50, 6.37, 6.25, 6.25 (%) and a global rank of 47, 48, 49, 50, 51, 53, 54, 55, 56, 57.
Grenada compared to other CountriesThe Central bank discount rate of Grenada is similar to that of St. Lucia, St. Kitts and Nevis, Sri Lanka, Morocco, Guatemala, Dominica, Antigua and Barbuda, Indonesia, Norway, Honduras with a respective Central bank discount rate of 6.50, 6.50, 6.50, 6.50, 6.50, 6.50, 6.50, 6.37, 6.25, 6.25 (%) and a global rank of 47, 48, 49, 50, 51, 53, 54, 55, 56, 57.
Value & RankThe Commercial bank prime lending rate of Grenada is 9.40 (%) with a global rank of 95.
Grenada compared to other CountriesThe Commercial bank prime lending rate of Grenada is similar to that of Sudan, Montenegro, Albania, Chile, St. Vincent and the Grenadines, St. Lucia, Russia, Mali, Iceland, Namibia with a respective Commercial bank prime lending rate of 9.70, 9.69, 9.52, 9.50, 9.40, 9.30, 9.30, 9.30, 9.30, 9.25 (%) and a global rank of 90, 91, 92, 93, 94, 96, 97, 98, 99, 100.Last 5 years averageGrenada had an average Commercial bank prime lending rate of 10.2 (%) in the last 5 years from (2008 to 2013).
Grenada since the end of the Great RecessionGrenada's Commercial bank prime lending rate had a negative growth (decline) of 14.4% since the end of the Great Recession
Grenada compared to other CountriesThe Commercial bank prime lending rate of Grenada is similar to that of Sudan, Montenegro, Albania, Chile, St. Vincent and the Grenadines, St. Lucia, Russia, Mali, Iceland, Namibia with a respective Commercial bank prime lending rate of 9.70, 9.69, 9.52, 9.50, 9.40, 9.30, 9.30, 9.30, 9.30, 9.25 (%) and a global rank of 90, 91, 92, 93, 94, 96, 97, 98, 99, 100.Last 5 years averageGrenada had an average Commercial bank prime lending rate of 10.2 (%) in the last 5 years from (2008 to 2013).
Grenada since the end of the Great RecessionGrenada's Commercial bank prime lending rate had a negative growth (decline) of 14.4% since the end of the Great Recession
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Datasource: CIA - The World Factbook