Skip to content
ChartBasis
Choose a language: English

St. Lucia

Headline economic indicators for St. Lucia, with the most recent official readings.

Prices

Prices — St. Lucia
Indicator Value Change
Inflation rate · 2.0% +2.70 (+400.6%)
Consumer price index · 128.5 +2.55 (+2.0%)
GDP deflator inflation · 2.6% +0.70 (+37.8%)

GDP

GDP — St. Lucia
Indicator Value Change
GDP growth rate · -0.6% -5.34 (-112.0%)
GDP per capita · 14,745.82 +252.16 (+1.7%)
GDP per capita, long-run history · 10,452 +1,384 (+15.3%)
GDP · 2,656,444,444.44 +51,296,296 (+2.0%)
GDP, PPP · 5,165,564,285 +111,743,976 (+2.2%)
GDP per capita, PPP · 28,674 +557.08 (+2.0%)
GDP per capita growth · -0.8% -5.30 (-117.7%)
GNI per capita · 13,410 +570.00 (+4.4%)
Agriculture to GDP · 1.7% +0.21 (+14.3%)
Industry to GDP · 10.7% +0.43 (+4.2%)
Manufacturing to GDP · 3.6% +0.22 (+6.4%)
Services to GDP · 73.8% -1.00 (-1.3%)

Labour

Labour — St. Lucia
Indicator Value Change
Unemployment rate · 9.5% -0.75 (-7.3%)
Labour force participation rate · 68.3% +0.03 (+0.1%)
Female labour force participation rate · 62.0% +0.11 (+0.2%)
Youth unemployment rate · 20.3% -1.04 (-4.9%)
Employment to population ratio · 61.8% +0.54 (+0.9%)
Employment in agriculture · 7.5% -0.20 (-2.6%)
Employment in industry · 16.2% -0.02 (-0.1%)
Employment in services · 76.3% +0.22 (+0.3%)

Money

Money — St. Lucia
Indicator Value Change
Real interest rate · 3.6% -0.75 (-17.2%)
Broad money to GDP · 66.7% +1.41 (+2.2%)
Private sector credit to GDP · 51.7% +2.12 (+4.3%)
Lending rate · 6.3% -0.04 (-0.6%)
Bank deposit rate · 1.2% -0.03 (-2.3%)
Bank nonperforming loans · 8.5% -3.42 (-28.6%)
Official exchange rate · 2.7 +0.00 (+0.0%)

Trade

Trade — St. Lucia
Indicator Value Change
Current account to GDP · -6.3% -4.72 (-307.1%)
Trade balance, goods and services (annual) · 43,189,303.7 -160,920,963 (-78.8%)
Current account balance (annual) · -166,180,161.85 -126,146,847 (-315.1%)
Foreign direct investment to GDP · 7.3% +0.14 (+1.9%)
Remittances received to GDP · 2.4% +0.02 (+1.0%)
Total reserves, including gold · 447,150,519.27 +41,086,728 (+10.1%)
Reserves in months of imports · 3.0 +0.31 (+11.6%)
External debt to GNI · 51.3% +2.62 (+5.4%)

Government

Government — St. Lucia
Indicator Value Change
Government debt to GDP · 45.9% +2.46 (+5.7%)
Government revenue to GDP · 19.4% -0.72 (-3.6%)
Government expense to GDP · 17.6% -0.56 (-3.1%)
Tax revenue to GDP · 18.2% -0.92 (-4.8%)
Government budget balance to GDP · -0.9% -0.40 (-88.4%)
Education spending to GDP · 3.8% +1.10 (+40.3%)
Health spending to GDP · 4.7% -0.02 (-0.4%)

Demography

Demography — St. Lucia
Indicator Value Change
Population · 180,149 +405.00 (+0.2%)
Population, long-run history · 167 +0.19 (+0.1%)
Population growth · 0.2% -0.03 (-12.0%)
Life expectancy · 72.8 +0.15 (+0.2%)
Fertility rate · 1.39 +0.01 (+0.4%)
Birth rate · 11.2 -0.05 (-0.5%)
Death rate · 8.7 +0.10 (+1.1%)
Urban population share · 29.1% -0.00 (-0.0%)
Population aged 65 and over · 10.0% +0.35 (+3.6%)
Under-five mortality rate · 17.2 -0.30 (-1.7%)
Population density · 294.7 +0.75 (+0.3%)
Net migration · -23 -16.00 (-228.6%)
Gini index · 43.7 +1.10 (+2.6%)

Source: Bolt, J. and van Zanden, J.L. (2024), Maddison style estimates of the evolution of the world economy: A new 2023 update, Journal of Economic Surveys, 1-41, DOI 10.1111/joes.12618. Licensed under CC BY 4.0. The original sources are listed on each page.

All data sources

Original sources of these estimates

GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics

No separate list is published for St. Lucia; the database as a whole is cited above.

Economies nearby

Comparable readings from neighbouring economies.