Grenada Cuts Public Debt to 73% of GDP as Post-Beryl Rebuilding Continues

Grenada has brought public debt down to about 73.3% of GDP and posted a fiscal surplus, helped by strong Citizenship by Investment inflows and steady tourism, even as it rebuilds from Hurricane Beryl’s damage to roughly a tenth of its tourism accommodation. Inflation has eased and poverty is estimated to have fallen below pre-pandemic levels. Reconstruction imports keep the external account under pressure.

What this means for you: lower debt and a surplus give Grenada more room to fund recovery without sharp new taxes, steadying the outlook for residents and investors.

Source: World Bank.