Saint Lucia (St. Lucia) Economic Statistics and Indicators

23, Sep 2018, EDT. Welcome to the Saint Lucia economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Saint Lucia (St. Lucia) › Change country
National or Regional Currency: East Caribbean Dollar, CXD
Year of data: 2015 › Change year
Number of Indicators Listed: 36
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 163,362 (July 2014 est.)
Area: total: 616 sq km ; land: 606 sq km ; water: 10 sq km
Natural Resources: forests, sandy beaches, minerals (pumice), mineral springs, geothermal potential
Capital: name: Castries ; geographic coordinates: 14 00 N, 61 00 W ; time difference: UTC-4 (1 hour ahead of Washington, DC, during Standard Time)

The island nation has been able to attract foreign business and investment, especially in its offshore banking and tourism industries. Tourism is Saint Lucia's main source of jobs and income - accounting for 65% of GDP - and the island's main source of foreign exchange earnings. The manufacturing sector is the most diverse in the Eastern Caribbean area. Crops such as bananas, mangos, and avocados continue to be grown for export, but St. Lucia's once solid banana industry has been devastated by strong competition. Saint Lucia is vulnerable to a variety of external shocks, including volatile tourism receipts, natural disasters, and dependence on foreign oil. Furthermore, high public debt - 77% of GDP in 2012 - and high debt servicing obligations constrain the ANTHONY administration's ability to respond to adverse external shocks. St. Lucia has experienced anemic growth since the onset of the global financial crisis in 2008, largely because of a slowdown in tourism - airlines cut back on their routes to St. Lucia in 2012. Also, St. Lucia introduced a value added tax in 2012 of 15%, becoming the last country in the Eastern Caribbean to do so. In 2013, the government introduced a National Competitiveness and Productivity Council to address St. Lucia's high public wages and lack of productivity.

Economic Indicator Listing
  For Saint Lucia in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 1.58 %
GDP (Current Prices, National Currency)CXD 3.824 Billion.
GDP (Current Prices, US Dollars)US$ 1.416 Billion
GDP Deflator 127.917 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)CXD 17,291.15 .
GDP Per Capita (Current Prices, National Currency)CXD 22,118.36 .
GDP Per Capita (Current Prices, US Dollars)US$ 8,191.98
GDP (PPP), US DollarsUS$ 2.03 Billion
GDP Per Capita (PPP), US DollarsUS$ 11,738.80
GDP Share of World Total (PPP) 0.002 %
Implied PPP Conversion Rate 1.884
Investment (% of GDP) 23.555 %
Gross National Savings (% of GDP) 16.1 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 117.964 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) -0.715 %
Inflation, End of Year (Indexed to Year 2000) 117.002 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) -2.107 %
Import Volume of All Items Including Goods and Services (Percent Change) 16.738 %
Import Volumes of Goods Only (Percent Change) 16.563 %
Export Volume of All Items Including Goods and Services (Percent Change) 9.532 %
Export Volumes of Goods Only (Percent Change) 10.381 %
Population 0.173 Million
General government revenue (National Currency)CXD 1.071 Billions.
General government revenue (% of GDP) 27.965 %
General government total expenditure (National Currency)CXD 1.219 Billions.
General government total expenditure (% of GDP) 31.841 %
Total Government Net Lending/ Borrowing (National Currency)CXD -0.148 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -3.876 %
Fiscal Year Gross Domestic Product, Current PricesCXD 3.83 Billions.
Current Account Balance (US Dollars)US$ -0.106 Billion
Current Account Balance (% GDP) -7.456 %
Economic Indicators for Saint Lucia 2015

GDP (Constant Prices, National Currency) for Saint Lucia in year 2015 is CXD 2.99 Billion.

GDP Growth (Constant Prices, National Currency) for Saint Lucia in year 2015 is 1.58 %.

GDP (Current Prices, National Currency) for Saint Lucia in year 2015 is CXD 3.824 Billion.

GDP (Current Prices, US Dollars) for Saint Lucia in year 2015 is US$ 1.416 Billion.

GDP Deflator for Saint Lucia in year 2015 is 127.917 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Saint Lucia in year 2015 is CXD 17,291.15 .

GDP Per Capita (Current Prices, National Currency) for Saint Lucia in year 2015 is CXD 22,118.36 .

GDP Per Capita (Current Prices, US Dollars) for Saint Lucia in year 2015 is US$ 8,191.98 .

GDP (PPP), US Dollars for Saint Lucia in year 2015 is US$ 2.03 Billion.

GDP Per Capita (PPP), US Dollars for Saint Lucia in year 2015 is US$ 11,738.80 .

GDP Share of World Total (PPP) for Saint Lucia in year 2015 is 0.002 %.

Implied PPP Conversion Rate for Saint Lucia in year 2015 is 1.884 .

Investment (% of GDP) for Saint Lucia in year 2015 is 23.555 %.

Gross National Savings (% of GDP) for Saint Lucia in year 2015 is 16.1 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Saint Lucia in year 2015 is 117.964 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Saint Lucia in year 2015 is -0.715 %.

Inflation, End of Year (Indexed to Year 2000) for Saint Lucia in year 2015 is 117.002 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Saint Lucia in year 2015 is -2.107 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Saint Lucia in year 2015 is 16.738 %.

Import Volumes of Goods Only (Percent Change) for Saint Lucia in year 2015 is 16.563 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Saint Lucia in year 2015 is 9.532 %.

Export Volumes of Goods Only (Percent Change) for Saint Lucia in year 2015 is 10.381 %.

Population for Saint Lucia in year 2015 is 0.173 Million .

General government revenue (National Currency) for Saint Lucia in year 2015 is CXD 1.071 Billions.

General government revenue (% of GDP) for Saint Lucia in year 2015 is 27.965 %.

General government total expenditure (National Currency) for Saint Lucia in year 2015 is CXD 1.219 Billions.

General government total expenditure (% of GDP) for Saint Lucia in year 2015 is 31.841 %.

Total Government Net Lending/ Borrowing (National Currency) for Saint Lucia in year 2015 is CXD -0.148 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Saint Lucia in year 2015 is -3.876 %.

Fiscal Year Gross Domestic Product, Current Prices for Saint Lucia in year 2015 is CXD 3.83 Billions.

Current Account Balance (US Dollars) for Saint Lucia in year 2015 is US$ -0.106 Billion.

Current Account Balance (% GDP) for Saint Lucia in year 2015 is -7.456 %.

* Source: IMF
Aggregate Indicators for Saint Lucia
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Saint Lucia
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Saint Lucia
  Natural Resources, Agricultural Products, Land Use and Water Use for Saint Lucia
  Nationality, Ethnic Groups, Languages and Religions for Saint Lucia
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Saint Lucia
  Age Structure, Median Age, Gender and Urbanization for Saint Lucia
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Saint Lucia
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Saint Lucia
  HIV, AIDS and Other Major Infectious Disease Rates for Saint Lucia
  Literacy Rate, Educational Expenditure and School Life Expectancy for Saint Lucia
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Saint Lucia
  Industries and Industrial Growth Production Rate for Saint Lucia
  Labor Force by Occupation for Saint Lucia
  Poverty Line, Gini Index, Household Income and Consumption for Saint Lucia
  National Budget and Public Debt for Saint Lucia
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Saint Lucia
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Saint Lucia
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Saint Lucia
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Saint Lucia
  Foreign Exchange Reserves and Gold Reserves for Saint Lucia
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Saint Lucia
  Exchange Rate Statistics for Saint Lucia
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Saint Lucia
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Saint Lucia
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Saint Lucia
  Television and Radio Statistics (TV Stats, Radio Stats) for Saint Lucia
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Saint Lucia
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Saint Lucia
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Saint Lucia
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Saint Lucia
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Saint Lucia
* Source: CIA
Internet Indicators for Saint Lucia
Indicators
  Number of Internet Users for Saint Lucia
  Internet Penetration Rate for Saint Lucia
  Number of Facebook Accounts for Saint Lucia
  Facebook Penetration Rate for Saint Lucia
* Source: IWS
Economic Freedom Indicators for Saint Lucia
Indicators
  Economic Freedom World Rank for Saint Lucia
  Government Spending for Saint Lucia
  Monetary Freedom for Saint Lucia
  Investment Freedom for Saint Lucia
  Financial Freedom for Saint Lucia
  Property Rights for Saint Lucia
  Economic Freedom Regional Ranking for Saint Lucia
  Freedom from Corruption for Saint Lucia
  Labor Freedom for Saint Lucia
  Tariff Rate for Saint Lucia
  Income Tax Rate for Saint Lucia
  Corporate Tax Rate for Saint Lucia
  Tax Burden % of GDP for Saint Lucia
  Government Expenditure % of GDP for Saint Lucia
  Business Freedom for Saint Lucia
  Trade Freedom for Saint Lucia
  Fiscal Freedom for Saint Lucia
  2016 Score for Saint Lucia
* Source: HFO
Saint Lucia Economic Indicators in other Years
  Saint Lucia Economic Indicators for Year 2021 (Forecast)
  Saint Lucia Economic Indicators for Year 2020 (Forecast)
  Saint Lucia Economic Indicators for Year 2019 (Forecast)
  Saint Lucia Economic Indicators for Year 2018 (Forecast)
  Saint Lucia Economic Indicators for Year 2017 (Forecast)
  Saint Lucia Economic Indicators for Year 2016 (Forecast)
Saint Lucia Economic Indicators for Year 2015 (Current)
  Saint Lucia Economic Indicators for Year 2014
  Saint Lucia Economic Indicators for Year 2013
  Saint Lucia Economic Indicators for Year 2012
  Saint Lucia Economic Indicators for Year 2011
  Saint Lucia Economic Indicators for Year 2010
  Saint Lucia Economic Indicators for Year 2009
  Saint Lucia Economic Indicators for Year 2008
  Saint Lucia Economic Indicators for Year 2007
  Saint Lucia Economic Indicators for Year 2006
  Saint Lucia Economic Indicators for Year 2005
  Saint Lucia Economic Indicators for Year 2004
  Saint Lucia Economic Indicators for Year 2003
  Saint Lucia Economic Indicators for Year 2002
  Saint Lucia Economic Indicators for Year 2001
  Saint Lucia Economic Indicators for Year 2000
  Saint Lucia Economic Indicators for Year 1999
  Saint Lucia Economic Indicators for Year 1998
  Saint Lucia Economic Indicators for Year 1997
  Saint Lucia Economic Indicators for Year 1996
  Saint Lucia Economic Indicators for Year 1995
  Saint Lucia Economic Indicators for Year 1994
  Saint Lucia Economic Indicators for Year 1993
  Saint Lucia Economic Indicators for Year 1992
  Saint Lucia Economic Indicators for Year 1991
  Saint Lucia Economic Indicators for Year 1990
  Saint Lucia Economic Indicators for Year 1989
  Saint Lucia Economic Indicators for Year 1988
  Saint Lucia Economic Indicators for Year 1987
  Saint Lucia Economic Indicators for Year 1986
  Saint Lucia Economic Indicators for Year 1985
  Saint Lucia Economic Indicators for Year 1984
  Saint Lucia Economic Indicators for Year 1983
  Saint Lucia Economic Indicators for Year 1982
  Saint Lucia Economic Indicators for Year 1981
  Saint Lucia Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International