WorldFactbook.ioFree API →

World Factbook

Saint Lucia

Last updated: 2026-03-28 (today)

Budget

note

note: central government revenues and expenses (excluding grants/extrabudgetary units/social security funds) converted to US dollars at average official exchange rate for year indicated

revenues

$414.77 million (2017 est.)

expenditures

$351.956 million (2017 est.)

Exports

note

note: balance of payments - exports of goods and services in current dollars

Exports 2022

$1.29 billion (2022 est.)

Exports 2023

$1.419 billion (2023 est.)

Exports 2024

$1.6 billion (2024 est.)

Imports

note

note: balance of payments - imports of goods and services in current dollars

Imports 2022

$1.2 billion (2022 est.)

Imports 2023

$1.292 billion (2023 est.)

Imports 2024

$1.446 billion (2024 est.)

Industries

tourism; clothing, assembly of electronic components, beverages, corrugated cardboard boxes, lime processing, coconut processing

Labor force

102,400 (2024 est.)

note: number of people ages 15 or older who are employed or seeking work

Public debt

Public debt 2016

69.2% of GDP (2016 est.)

Remittances

note

note: personal transfers and compensation between resident and non-resident individuals/households/entities

Remittances 2022

2.6% of GDP (2022 est.)

Remittances 2023

2.6% of GDP (2023 est.)

Remittances 2024

2.5% of GDP (2024 est.)

Exchange rates

Currency

East Caribbean dollars (XCD) per US dollar -

Exchange rates 2020

2.7 (2020 est.)

Exchange rates 2021

2.7 (2021 est.)

Exchange rates 2022

2.7 (2022 est.)

Exchange rates 2023

2.7 (2023 est.)

Exchange rates 2024

2.7 (2024 est.)

Debt - external

note

note: present value of external debt in current US dollars

Debt - external 2023

$901.317 million (2023 est.)

Economic overview

upper middle-income, tourism-based Caribbean island economy; environmentally fragile; energy import-dependent; major banana producer; well-educated labor force; key infrastructure, IT, and communications investments

Unemployment rate

note

note: % of labor force seeking employment

Unemployment rate 2022

16% (2022 est.)

Unemployment rate 2023

11.1% (2023 est.)

Unemployment rate 2024

11% (2024 est.)

Exports - partners

Guyana 20%, Suriname 15%, USA 11%, Barbados 8%, Dominica 7% (2023)

note: top five export partners based on percentage share of exports

Imports - partners

USA 59%, Guyana 8%, Brazil 7%, China 5%, UK 3% (2023)

note: top five import partners based on percentage share of imports

Real GDP per capita

note

note: data in 2021 dollars

Real GDP per capita 2022

$23,000 (2022 est.)

Real GDP per capita 2023

$23,400 (2023 est.)

Real GDP per capita 2024

$24,300 (2024 est.)

Real GDP growth rate

note

note: annual GDP % growth based on constant local currency

Real GDP growth rate 2022

20.4% (2022 est.)

Real GDP growth rate 2023

2.2% (2023 est.)

Real GDP growth rate 2024

3.9% (2024 est.)

Agricultural products

coconuts, bananas, tropical fruits, fruits, root vegetables, plantains, vegetables, cassava, chicken, milk (2023)

note: top ten agricultural products based on tonnage

Exports - commodities

refined petroleum, gravel and crushed stone, beer, liquor, paper containers (2023)

note: top five export commodities based on value in dollars

Imports - commodities

refined petroleum, crude petroleum, cars, poultry, plastic products (2023)

note: top five import commodities based on value in dollars

Current account balance

note

note: balance of payments - net trade and primary/secondary income in current dollars

Current account balance 2022

-$83.442 million (2022 est.)

Current account balance 2023

-$38.069 million (2023 est.)

Current account balance 2024

-$64.121 million (2024 est.)

Taxes and other revenues

18.2% (of GDP) (2017 est.)

note: central government tax revenue as a % of GDP

GDP (official exchange rate)

$2.549 billion (2024 est.)

note: data in current dollars at official exchange rate

GDP - composition, by end use

household consumption

66.1% (2017 est.)

government consumption

11.2% (2017 est.)

investment in inventories

0.1% (2017 est.)

investment in fixed capital

16.9% (2017 est.)

exports of goods and services

62.7% (2017 est.)

imports of goods and services

-56.9% (2017 est.)

Population below poverty line

25% (2015 est.)

note: % of population with income below national poverty line

Inflation rate (consumer prices)

note

note: annual % change based on consumer prices

Inflation rate (consumer prices) 2022

6.4% (2022 est.)

Inflation rate (consumer prices) 2023

4.1% (2023 est.)

Inflation rate (consumer prices) 2024

-0.1% (2024 est.)

Industrial production growth rate

5.6% (2024 est.)

note: annual % change in industrial value added based on constant local currency

Real GDP (purchasing power parity)

note

note: data in 2021 dollars

Real GDP (purchasing power parity) 2022

$4.105 billion (2022 est.)

Real GDP (purchasing power parity) 2023

$4.196 billion (2023 est.)

Real GDP (purchasing power parity) 2024

$4.359 billion (2024 est.)

Youth unemployment rate (ages 15-24)

male

31.4% (2024 est.)

note

note: % of labor force ages 15-24 seeking employment

total

29% (2024 est.)

female

26.3% (2024 est.)

Reserves of foreign exchange and gold

note

note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars

Reserves of foreign exchange and gold 2022

$389.083 million (2022 est.)

Reserves of foreign exchange and gold 2023

$424.324 million (2023 est.)

Reserves of foreign exchange and gold 2024

$406.064 million (2024 est.)

GDP - composition, by sector of origin

note

note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

industry

9.8% (2024 est.)

services

75.9% (2024 est.)

agriculture

1.1% (2024 est.)

Household income or consumption by percentage share

note

note: % share of income accruing to lowest and highest 10% of population

lowest 10%

2.1% (2015 est.)

highest 10%

34.1% (2015 est.)

Gini Index coefficient - distribution of family income

note

note: index (0-100) of income distribution; higher values represent greater inequality

Gini Index coefficient - distribution of family income 2016

51.2 (2016 est.)