Grenada

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Grenada's payments operate within the Eastern Caribbean currency union, sharing the EC dollar and clearing arrangements. Local banks and card networks connect island commerce with overseas payments and visitor spending. Its economy grew 4.4% in 2025, with about 117,000 residents.

Alpha-3:GRD
NUM:308
Population
117K
GDP
$1.4B
GDP per Capita
$12K
GDP Growth
4.4%
Deepdive

World Bank, World Development Indicators (WDI), 2025

Cash in Grenada

Grenada's hotels and tourist businesses commonly accept payment cards, but smaller retail stores and sellers in rural areas still expect cash. EC-dollar notes bridge that divide, with ATMs supporting access across the island economy.

ATMs (PER 100K)
42.1
BANKS (PER 100K)
12.6
DEBIT CARDS (PER ADULT)
1.0
CREDIT CARDS (PER ADULT)
0.1
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IMF, Financial Access Survey (FAS), 2025

Payment Methods

Schemes

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Systems

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PSPs

Compliance

Standards