In 2017, government gross debt as a share of GDP for Grenada was 70.4 %. Between 2013 and 2017, government gross debt as a share of GDP in Grenada was decreasing on average by 7.18 % each year, although before that, it grew from 34.5 % in 1999 to 108.1 % in 2013.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).