Saint Vincent and the Grenadines

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Saint Vincent and the Grenadines participates in the Eastern Caribbean currency union, sharing the EC dollar and regional banking infrastructure. Local transfers and card acceptance connect island commerce with external payment services in a market of about 100,000 residents in 2025.

Alpha-3:VCT
NUM:670
Population
100K
GDP
$1.3B
GDP per Capita
$13K
GDP Growth
3.4%
Deepdive

World Bank, World Development Indicators (WDI), 2025

Cash in Saint Vincent and the Grenadines

Across Saint Vincent and the Grenadines, many businesses still need cash because they do not accept payment cards. EC-dollar banknotes underpin everyday local purchases, while some visitor-facing merchants take US dollars as well.

ATMs (PER 100K)
41.7
BANKS (PER 100K)
17.7
DEBIT CARDS (PER ADULT)
0.7
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