Grenada is an island country and Commonwealth realm consisting of the island of Grenada and six smaller islands at the southern end of the Grenadines in the southeastern Caribbean Sea. Link to external site : Website for Grenada |  |
| Wallets | |
| Development | Developing |
| Send or Receive |
Receive Register/Log In |
| GDP ($m) |
604.81 Register/Log In |
| HDI classification | High |
| Mobile Connections (m) |
0.141 Upgrade to Bronze |
| Currency | XCD |
| Class | |
| CountryISO | GD |
| Sovereignity | Country |
| Territory of | - NA - |
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{"type":"PieChart","data":[["Operator","Connections"],["Digicel",72878],["LIME (Cable & Wireless)",67800]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",2160],["Q4 2001",2322],["Q4 2002",5349],["Q4 2003",15624],["Q4 2004",41460],["Q4 2005",55825],["Q4 2006",62610],["Q4 2007",66850],["Q4 2008",70129],["Q4 2009",72959],["Q4 2010",75669],["Q4 2011",78299],["Q4 2012",80940],["Q4 2013",83588],["Q4 2014",86191]],"options":{"title":"Connections"}}
| Channel Analysis |
No data to report Upgrade to Bronze |
| COT Analysis |
No data to report Upgrade to Bronze |
| Persona Analysis |
No data to report Upgrade to Bronze |
| Products |
No data to report Upgrade to Bronze |
| PI Analysis |
No data to report Upgrade to Bronze |
| Central Bank |
Central Bank Website for Grenada Register/Log In |
| Key Regulations | |
| Type of law |
Common Upgrade to Bronze |
| Legal System |
Common law based on English model Upgrade to Bronze |
| Law is based on |
Based on English common law Upgrade to Bronze |
| Approach | |
| Sectors active in Digital Money | |
| Exclusivity | |
| Certainty | |
| Openness | |
| Proportionate? | |
| Allowed Models |
Bank Led Upgrade to Bronze |
| DominantModel |
Bank Led Upgrade to Bronze |
| E-Money | |
| Payment | |
| Agent | |
| Money Transfer | |
| Taxation |
{"type":"Gauge","data":[["Label","Value"],["Mobile Penetration",77.35001],["Banked",37],["Internet",21],["Urban",31],["Adult",67],["Literate",96]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
| Population m | 0.11 |
| Adult % | 67.00 |
| Migrants % |
10.00 Register/Log In |
| Stock Immigrants ('000) |
12.60 Upgrade to Bronze |
| Emigration Rate % |
40.30 Upgrade to Bronze |
| Internal Migrants ('000) | |
| Internal Migration Rate % | |
| Intl Movement Rate % |
45.00 Upgrade to Bronze |
| Urban % | 31.00 |
| Female % | 53.30 |
| Literate % | 96.00 |
| Annual Growth % |
| Mobile Penetration % | 77.35 |
| Banked % | 37.00 |
| Access to FS % | 37.00 |
| Internet % | 21.00 |
| Branches per 100k adults | 34.28 |
| ATMs per 100k adults | 46.62 |
| POS per 100k adults | 880.32 |
| Prepaid % | 86.30 |
| Prepaid SIM Registration | |
| MobileUnbanked (m) | 0.05 |
| Monthly ARPU |
12.18 Upgrade to Bronze |
| Cards 2010 ('000) | |
| Propensity % |
| Overall | |
| Population | |
| On Remittance Sent | |
| On Remittance Received | |
| Mobile Unbanked | |
| Migrant % | |
| MP % | |
| Banked % | |
| Development |
| Can Provide Payments? | |
| Can Market under Brand? | |
| Can issue E-Money? | |
| Can Open Customer Account? | |
| Can Own Customer? | |
| Can do Cash In/Cash Out? | |
| Can offer Domestic Money Transfer? | |
| Can offer International Money Transfer? |
| Importance for Digital Money | |
| Digital Money Adoption |
Medium Term Upgrade to Bronze |
| Registered Wallet Users | |
| Top Wallets |
FirstCaribbean Intl Bank Upgrade to Bronze |
| Informal Market | |
| Cost To Remit | |
| Key Players |