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Average Accounting Specialist Salary in Grenada for 2026

An accounting specialist in Grenada earns about 69,400 XCD a year. That's 7% below the national average of 74,940 XCD.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in Grenada sit around 38,140 XCD a year, while the very top stretches to 109,740 XCD. Everything on this page is in Eastern Caribbean dollar (XCD, symbol $), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in Grenada, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.


How much does an accounting specialist make in Grenada?

Average salary
69,400 XCD
5,783 XCD per month
Lowest reported
38,140 XCD
3,178 XCD per month
Highest reported
109,740 XCD
9,145 XCD per month

A typical accounting specialist working in Grenada brings home around 5,783 XCD a month before tax. Entry-level pay starts near 38,140 XCD, and the top of the ladder reaches roughly 109,740 XCD for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior accounting specialist working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around. For a cross-country comparison, see the accounting specialist salary in Antigua and Barbuda or Saint Vincent and the Grenadines, both of which pay in the same currency.


How accounting specialist pay ranges in Grenada

A good way to think about salary in Grenada is to look at the distribution rather than the headline average. Half of all accounting specialists in Grenada earn less than 66,120 XCD a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 45,260 XCD (the 25th percentile), and a quarter clear 83,100 XCD (the 75th percentile). The middle 50% of accounting specialists sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 38,140 XCD. The highest stretch to 109,740 XCD, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

38,140
Low
66,120
Median
109,740
High
45,260
25th
83,100
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in XCD

Accounting specialist pay by experience in Grenada

Years of experience is the single biggest lever on pay for an accounting specialist in Grenada, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical accounting specialist salary changes as you move through the career ladder.

  • 0-2 Years
    41,560 XCD
  • 2-5 Years
    +31% from previous
    54,560 XCD
  • 5-10 Years
    +32% from previous
    72,260 XCD
  • 10-15 Years
    +23% from previous
    89,120 XCD
  • 15-20 Years
    +8% from previous
    96,680 XCD
  • 20+ Years
    +6% from previous
    102,020 XCD

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 32%. That is the point at which a accounting specialist typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.


Accounting specialist pay by education in Grenada

Education sits alongside experience as one of the biggest factors driving accounting specialist pay in Grenada. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average accounting specialist salary in Grenada broken down by the highest level of education a worker has completed.

  • High School
    49,200 XCD
  • Certificate or Diploma
    +17% from previous
    57,800 XCD
  • Bachelor's Degree
    +44% from previous
    83,020 XCD
  • Master's Degree
    +19% from previous
    99,080 XCD

Accounting specialist gender pay gap in Grenada

The gender pay gap is a stubborn feature of almost every labour market, and Grenada is no exception. Male accounting specialists in Grenada earn an average of 77,060 XCD a year, while female accounting specialists earn around 67,300 XCD. That works out to a 15% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Accounting Specialist gender pay gap

13%

Men earn this much more than women on average in Grenada.

Men 77,060 XCD
Women 67,300 XCD

Pay raises for an accounting specialist in Grenada

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in Grenada sees a raise of about 8% every 28 months, which works out to roughly 3% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in Grenada, the national average raise is around 5% every 28 months.

By industry

Industries with the highest pay raises in Grenada:

  • Banking
  • Energy
    1%
  • Information Technology
  • Healthcare
    2%
  • Travel
  • Construction
  • Education

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Accounting specialist bonus rates in Grenada

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

35%

35% of accounting specialists in Grenada reported a bonus of some kind in the past twelve months. That makes an accounting specialist a low-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 3% to 5% of base salary. The remaining 65% of accounting specialists reported no bonus at all over the same period.

Which careers pay bonuses in Grenada

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Accounting specialist: public vs private sector pay

Public-sector pay in Grenada is about 11% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

10%

Public-sector workers earn this much more than private-sector workers in Grenada on average.

Public sector 78,500 XCD
Private sector 70,840 XCD


Accounting Specialist in Grenada: FAQs

  • How much does an accounting specialist make per month in Grenada?

    An accounting specialist in Grenada earns about 5,783 XCD a month before tax, based on an annual average of 69,400 XCD.

  • What's the salary range for an accounting specialist in Grenada?

    Entry-level accounting specialists in Grenada start near 38,140 XCD. Top-end pay reaches around 109,740 XCD. The middle 50% of earners sit between 45,260 and 83,100 XCD.

  • Is the median accounting specialist salary in Grenada higher or lower than the average?

    The median is 66,120 XCD, lower than the average of 69,400 XCD. Half of accounting specialists in Grenada earn below the median, half earn above it.

  • What's the gender pay gap for accounting specialists in Grenada?

    Men working as an accounting specialist in Grenada earn around 15% more than women on average (77,060 vs 67,300 XCD a year).

  • Do accounting specialists in Grenada get bonuses?

    About 35% of accounting specialists in Grenada reported a bonus in the past 12 months. Reported bonuses ranged from 3% to 5% of base salary.

  • Do accounting specialists earn more in the public or private sector in Grenada?

    In Grenada, the public sector pays an accounting specialist about 11% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do accounting specialists in Grenada get a pay raise?

    An accounting specialist in Grenada sees a raise of around 8% every 28 months, equivalent to roughly 3% a year.