Grenada vs Latin America & the Caribbean (IDA & IBRD countries): CPIA fiscal policy rating
CPIA fiscal policy rating over time
- Grenada
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Grenada currently reports 4 1=low to 6=high against 3.3 1=low to 6=high in Latin America & the Caribbean (IDA & IBRD countries), a difference of 0.7 1=low to 6=high.
That makes Grenada's figure about 1.2 times Latin America & the Caribbean (IDA & IBRD countries)'s.
The two have swapped places 1 time across 21 shared years of data; in 2005 it was Latin America & the Caribbean (IDA & IBRD countries) ahead.
Grenada ranks 7th and Latin America & the Caribbean (IDA & IBRD countries) ranks 9th of 85 countries.
Across the 3 decades both report, Grenada averaged higher in 1 and Latin America & the Caribbean (IDA & IBRD countries) in 2.
Head to head by decade
| Decade | Grenada | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.7 1=low to 6=high | 3.64 1=low to 6=high | 0.9444 1=low to 6=high | Latin America & the Caribbean (IDA & IBRD countries) |
| 2010s | 2.9 1=low to 6=high | 3.46 1=low to 6=high | 0.5576 1=low to 6=high | Latin America & the Caribbean (IDA & IBRD countries) |
| 2020s | 3.75 1=low to 6=high | 3.33 1=low to 6=high | 0.4208 1=low to 6=high | Grenada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher cpia fiscal policy rating, Grenada or Latin America & the Caribbean (IDA & IBRD countries)?
- Grenada, at 4 1=low to 6=high against 3.3 1=low to 6=high in Latin America & the Caribbean (IDA & IBRD countries) as of 2025.
- What is the difference in cpia fiscal policy rating between Grenada and Latin America & the Caribbean (IDA & IBRD countries)?
- 0.7 1=low to 6=high, with Grenada ahead.
- How many years of comparable data are there for Grenada and Latin America & the Caribbean (IDA & IBRD countries)?
- 21 years are reported by both, from 2005 to 2025.
- How do Grenada and Latin America & the Caribbean (IDA & IBRD countries) rank globally for cpia fiscal policy rating?
- Grenada ranks 7th and Latin America & the Caribbean (IDA & IBRD countries) ranks 9th of 85 countries.
- Where does this data come from?
- CPIA database, World Bank Group (WBG), published as CPIA fiscal policy rating (1=low to 6=high). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The CPIA measures the extent to which a country’s policy and institutional framework supports sustainable growth and poverty reduction, and consequently the effective use of development assistance. The outcome of the exercise yields both an overall score and scores for sixteen criteria that compose the CPIA. These criteria include: A. Economic Management (1. Monetary and Exchange Rate Policies; 2. Fiscal Policy; 3. Debt Policy and Management), B. Structural Policies (4. Trade; 5. Financial Sector; 6. Business Regulatory Environment), C. Policies for Social Inclusion/Equity (7. Gender equality; 8. Equity of public resource use; 9. Building human resources; 10. Social protection and labor; 11. Policies and institutions for environmental sustainability), D. Public Sector Management and Institutions (12. Property rights and rule-based governance; 13. Quality of budgetary and financial management; 14. Efficiency of revenue mobilization; 15. Quality of public administration; 16. Transparency, accountability, and corruption in the public sector). This CPIA fiscal policy criterion assesses the quality of the fiscal policy in its stabilization and allocation functions. The stabilization function deals with achieving macroeconomic policy objectives in conjunction with coherent monetary and exchange rate policies—smoothing business cycle fluctuations, accommodating shocks. The allocation function is concerned with the appropriate provision of public goods. The criterion pays attention to public expenditure composition, including, for example, the provision of public infrastructure and agriculture related public goods and services that support medium-term growth.