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...
GDP | Reference | Last | Previous | Units | Frequency |
---|---|---|---|---|---|
Nominal Gross Domestic Product | 2022 | 6,231,231,236 | 4,953,926,089 | XCD | Annual |
Private Consumption | 2019 | 2,894,800,000 | 3,057,200,000 | XCD | Annual |
Investment | 2019 | 1,223,400,000 | 1,185,500,000 | XCD | Annual |
Nominal Fixed Investment (gross fixed capital formation) | 2016 | 992,825,100 | 906,690,500 | NCU | Annual |
Government Consumption | 2014 | 552.72 | 534.41 | Mil. XCD | Annual |
Real Private Consumption | 2010 | 1,038,829,925 | 2010 USD | Annual | |
Real Government Consumption | 2010 | 173,218,037 | 2010 USD | Annual | |
Real Investment | 2010 | 348,476,444 | 2010 USD | Annual | |
Real Fixed Investment (gross fixed capital formation) | 2010 | 348,476,444 | 2010 USD | Annual | |
Real Gross Domestic Product | 2010 | 100 | 95.79 | Index 2005=100 | Annual |
Price | Reference | Last | Previous | Units | Frequency |
Consumer Price Index (CPI) | Dec 2022 | 122.11 | 122.34 | 2010=100, NSA | Monthly |
Labor | Reference | Last | Previous | Units | Frequency |
Agriculture Employment | 2017 | 15,210 | 14,673 | # | Annual |
Labor Force | 2016 | 97,935 | 96,719 | # | Annual |
Labor Force Employment | 2016 Q1 | 82.95 | 80.42 | Ths. | Quarterly |
Unemployment | 2016 Q1 | 23.5 | 20.89 | Ths. | Quarterly |
Unemployment Rate | 2016 Q1 | 22.08 | 20.62 | % | Quarterly |
Total Employment | 2016 Q1 | 82.95 | 80.42 | Ths. | Quarterly |
Trade | Reference | Last | Previous | Units | Frequency |
Imports of Goods | 2022 | 744,625,281 | 589,835,617 | USD | Annual |
Exports of Goods | 2022 | 135,745,739 | 86,181,802 | USD | Annual |
Balance of Goods | 2022 | -608,879,541 | -503,653,814 | USD | Annual |
Current Account Balance | 2022 | -67,063,730 | -221,370,917 | USD | Annual |
Imports of Goods and Services | 2019 | 2,513,100,000 | 2,633,900,000 | XCD | Annual |
Exports of Goods and Services | 2019 | 3,105,300,000 | 3,039,300,000 | XCD | Annual |
Real Exports of Goods and Services | 2010 | 608,868,703 | 2010 USD | Annual | |
Real Imports of Goods and Services | 2010 | 787,424,851 | 2010 USD | Annual | |
Markets | Reference | Last | Previous | Units | Frequency |
Treasury Bills (over 31 days) | Feb 2018 | 1.98 | 1.98 | % p.a., NSA | Monthly |
Money Market Rate | Jan 2016 | 6.89 | 6.89 | % p.a., NSA | Monthly |
Lending Rate | Mar 2013 | 6.5 | 6.5 | % - End of period | Monthly |
Business | Reference | Last | Previous | Units | Frequency |
Change in Inventories | 1980 | 0 | NCU | Annual | |
Demographics | Reference | Last | Previous | Units | Frequency |
Population | 2020 | 183,629 | 182,795 | # | Annual |
Birth Rate | 2016 | 12.11 | 12.24 | # per Ths. pop. | Annual |
Death Rate | 2016 | 7.51 | 7.47 | # per Ths. pop. | Annual |
Net Migration | 2012 | 40 | # | Annual |