Eastern Caribbean Currency Union

The ECCU is composed of the nations of Antigua and Barbuda, Dominica, Grenada, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines and the British territories of Anguilla and Montserrat.

[2] Geographic barriers also pose a challenge for market integration, and high import and production costs affects economic activity.

[2] With a combined total population in 2013 of approximately 500,000 inhabitants and a 1998 GDP of $2.6 billion, the countries face risks from natural disasters.

[2] The currency union operates under the supervision of the Eastern Caribbean Central Bank (ECCB).The ECCB maintains a stable currency by ensuring sufficient foreign reserves and setting borrowing limits for governments and banks.

[3] The fixed exchange rate allows for macroeconomic stability, low inflation, and growth of the financial system.

The members of the Organisation of Eastern Caribbean States (dark green) and associate members (light green). All use the East Caribbean dollar except for the British Virgin Islands , which uses the US dollar.