Skip to content

Economy of Estonia vs Saint Lucia compared: GDP & Debt

Updated on by Georank

Estonia has a GDP of $47B compared to $2.66B for Saint Lucia, ranking 101/197 and 173/197 by economy size, respectively.

Estonia has $11.4B in government debt (24.2% of GDP), compared to $2.05B (77.1% of GDP) in Saint Lucia.

Estonia vs Saint Lucia GDP by year

Estonia
Saint Lucia
1x
Year GDP, current $
Estonia Saint Lucia
2025 $47,030,833,799 $2,656,444,444
2024 $43,130,419,829 $2,605,148,148
2023 $41,470,344,395 $2,441,259,259
2022 $38,226,641,740 $2,319,888,889
2021 $37,201,101,171 $1,871,111,111
2020 $31,820,771,494 $1,521,740,741
2019 $31,873,748,770 $2,090,074,074
2018 $31,222,632,741 $2,060,955,556
2017 $27,469,461,919 $1,998,503,704
2016 $24,561,027,788 $1,868,544,444
2015 $23,311,847,751 $1,807,640,741
2014 $27,055,689,003 $1,749,185,185
2013 $25,451,032,781 $1,660,392,593
2012 $23,237,406,116 $1,598,207,407
2011 $23,303,915,795 $1,568,370,370
2010 $19,524,355,419 $1,482,385,185
2009 $19,633,984,440 $1,401,507,889
2008 $24,342,935,404 $1,437,731,111
2007 $22,450,264,166 $1,336,088,815
2006 $17,025,671,810 $1,268,319,185
2005 $14,109,491,357 $1,135,555,556
2004 $12,148,595,031 $1,066,666,667
2003 $9,876,595,528 $987,407,407
2002 $7,370,119,619 $900,000,000
2001 $6,250,218,423 $892,592,593
2000 $5,686,579,748 $932,592,593
1999 $5,756,912,266 $921,851,852
1998 $5,674,080,543 $877,407,407
1997 $5,154,420,649 $805,925,926
1996 $4,786,018,988 $788,888,889
1995 $4,502,970,889 $762,962,963
1994 $4,123,011,420 $713,703,704
1993 $4,013,091,682 $684,814,815
1992 - $674,074,074
1991 - $613,703,704
1990 - $579,629,630
1989 - $486,666,667
1988 - $429,629,630
1987 - $375,555,556
1986 - $340,000,000
1985 - $284,444,444
1984 - $251,481,481
1983 - $197,037,037
1982 - $183,333,333
1981 - $194,444,444
1980 - $170,370,370

Data sources: World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08).

GeoRank.org/economy/estonia/saint-lucia | CC BY

GDP per capita in Estonia vs Saint Lucia by year

Estonia
GDP per capita

GDP per capita, PPP
Saint Lucia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Estonia Saint Lucia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $34,418 - $14,746 -
2024 $31,428 $49,969 $14,494 $27,567
2023 $30,264 $48,637 $13,617 $25,975
2022 $28,340 $48,218 $12,976 $24,599
2021 $27,951 $44,252 $10,481 $19,101
2020 $23,934 $40,672 $8,537 $14,912
2019 $24,021 $40,586 $11,764 $18,710
2018 $23,618 $37,121 $11,643 $17,433
2017 $20,852 $34,507 $11,333 $16,131
2016 $18,666 $31,948 $10,638 $15,307
2015 $17,722 $29,713 $10,335 $14,353
2014 $20,582 $29,404 $10,045 $14,403
2013 $19,310 $27,831 $9,577 $14,010
2012 $17,568 $26,243 $9,260 $13,443
2011 $17,556 $24,652 $9,129 $13,471
2010 $14,664 $21,614 $8,674 $12,718
2009 $14,712 $20,489 $8,251 $12,600
2008 $18,206 $22,804 $8,517 $12,969
2007 $16,745 $22,201 $7,964 $12,199
2006 $12,641 $19,344 $7,611 $11,758
2005 $10,415 $16,638 $6,863 $10,818
2004 $8,916 $14,538 $6,495 $10,610
2003 $7,205 $13,135 $6,059 $9,707
2002 $5,343 $11,667 $5,568 $9,205
2001 $4,503 $10,309 $5,570 $9,106
2000 $4,071 $9,425 $5,880 $9,314
1999 $4,141 $8,412 $5,883 $9,214
1998 $4,093 $8,451 $5,673 $8,965
1997 $3,683 $7,980 $5,282 $8,456
1996 $3,381 $6,892 $5,244 $8,490
1995 $3,134 $6,480 $5,148 $8,222
1994 $2,819 $5,967 $4,892 $8,041
1993 $2,686 $5,814 $4,765 $7,865
1992 - $5,872 $4,760 $7,753
1991 - $7,151 $4,399 $7,127
1990 - $7,481 $4,205 $6,951
1989 - - $3,565 -
1988 - - $3,182 -
1987 - - $2,819 -
1986 - - $2,591 -
1985 - - $2,202 -
1984 - - $1,979 -
1983 - - $1,576 -
1982 - - $1,489 -
1981 - - $1,605 -
1980 - - $1,428 -

Data sources: World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08).

GeoRank.org/economy/estonia/saint-lucia | CC BY

Estonia's GDP per capita is $34,418, ranking 37/197, compared to $14,746 in Saint Lucia, ranking 72/197. Adjusted for purchasing power (GDP per capita PPP), Estonia ranks 45th at $49,969, while Saint Lucia ranks 75th at $27,567.

Economic indicators

Estonia Saint Lucia
Gross domestic product
$47B
2025
$2.66B
2025
GDP rank
101/197
2025
173/197
2025
GDP growth
0.58%
2024-2025
-0.57%
2024-2025
GDP per capita
$34,418
2025
$14,746
2025
GDP per capita rank
37/197
2025
72/197
2025
GDP per capita, PPP
$49,969
2024
$27,567
2024
GDP per capita PPP rank
45/197
2024
75/197
2024
Government debt
$11.4B
2025
$2.05B
2025
Debt-to-GDP ratio
24.2%
2025
77.1%
2025
Government debt per person
$8,325
2025
$11,365
2025
Government debt per person rank
67/185
2025
53/185
2025
Average annual personal income after taxes
$23,647
2026
$12,464
2026
Number of billionaires
2
2026
n/a
Income share by richest 10%
23.7%
2023
34.1%
2015
Income share by poorest 10%
3.1%
2023
2.1%
2015
Government expenditure, % of GDP
45.2%
2025
25.2%
2025
Consumer prices inflation
4.83%
2024-2025
2.03%
2024-2025
Unemployment rate
7.5%
2025
7.66%
2025
Population
1347027
180676

Spending and national debt comparison by year

Estonia
Spending

Debt
Saint Lucia
Spending

Debt
1x
Year % of GDP
Estonia Saint Lucia
Government spending Government debt Government spending Government debt
2025 45.2% 24.2% 25.2% 77.1%
2024 43.6% 23.5% 24.4% 76.7%
2023 43.5% 20.2% 25.3% 75.2%
2022 40.1% 19.2% 23.8% 73.9%
2021 42.1% 18.4% 26.7% 81.9%
2020 44.7% 19.1% 33.1% 94.4%
2019 39.1% 9.05% 24.6% 62.1%
2018 38.8% 8.51% 23.2% 60.3%
2017 38.9% 9.43% 23% 59.9%
2016 38.9% 10.2% 22.6% 60.2%
2015 39.3% 10.8% 22.1% 60.6%
2014 37.6% 11.6% 22.6% 61.9%
2013 38.3% 11.4% 24.3% 61.2%
2012 39.4% 11.1% 27.1% 60.2%
2011 37.6% 7.6% 26.9% 54.9%
2010 40.7% 7.99% 25.6% 52.2%
2009 46.1% 7.98% 24.2% 50.2%
2008 39.5% 4.67% 22.3% 46.9%
2007 33.8% 3.91% 22.2% 48.2%
2006 33.5% 4.72% 24.4% 48%
2005 33.7% 4.73% 25.3% 50.4%
2004 34.1% 5.16% 22.5% 48.8%
2003 35% 5.6% 22.5% 44.7%
2002 35.9% 5.66% 23% 47.7%
2001 35.3% 4.93% 22% 38%
2000 36.4% 5.11% 20.9% 32.8%
1999 40.7% 5.93% 20.9% 28.8%
1998 38.9% 5.4% 18.6% 29.1%
1997 35.8% 6.03% 19% 26.6%
1996 38.6% 7.3% 18.8% 23.9%
1995 39.5% 8.66% 19% 22.7%
1994 - - 18.7% 23.4%
1993 - - 21.6% 22.7%
1992 - - 18.3% 22.1%
1991 - - 18% 19.3%
1990 - - 16.5% 16.7%
1989 - - 19% 18.1%
1988 - - 18.2% 18.6%
1987 - - 19.9% 19.6%
1986 - - 21.1% 17.2%
1985 - - 20.4% 17.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-07-08).

GeoRank.org/economy/estonia/saint-lucia | CC BY

In 2025, Estonia's government spending was $21.3B, accounting for 45.2% of its GDP, while Saint Lucia spent $671M, or 25.2% of GDP.

Debt-to-GDP ratio is 24.2% in Estonia and 77.1% in Saint Lucia, ranking 168/185 and 48/185, respectively.

Government deficit by year

Deficit/surplus
Estonia

Saint Lucia
1x
Year Deficit/surplus, % of GDP
Estonia Saint Lucia
2025 -1.33% -2.88%
2024 -1.54% -1.81%
2023 -3.07% -3.18%
2022 -1.08% -2.48%
2021 -2.57% -5.35%
2020 -5.42% -11.5%
2019 -0.11% -2.95%
2018 -1.15% -1.22%
2017 -1.07% -2.09%
2016 -0.62% -1.53%
2015 -0.24% -1.18%
2014 0.42% -2.29%
2013 -0.66% -3.98%
2012 -0.86% -6.93%
2011 0.09% -5.35%
2010 -1.09% -4.11%
2009 -3.43% -2.63%
2008 -2.92% -0.72%
2007 2.5% -1.59%
2006 2.71% -5.01%
2005 1.07% -6%
2004 2.29% -2.58%
2003 1.67% -3.17%
2002 0.29% -3.03%
2001 0.4% -3.07%
2000 -0.11% -1.17%
1999 -3.42% 1.61%
1998 0.65% 2.22%
1997 2.98% -1.1%
1996 -0.93% -0.57%
1995 -0.26% -0.13%
1994 - -0.02%
1993 - -0.25%
1992 - -0.66%
1991 - -0.42%
1990 - 0.29%
1989 - 0.89%
1988 - 2.02%
1987 - 0.56%
1986 - -1.61%
1985 - -1.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-07-08).

GeoRank.org/economy/estonia/saint-lucia | CC BY

In 2025, Estonia's government deficit, the difference between spending and revenue, was $626M, equivalent to 1.33% of GDP. This compares to Saint Lucia's deficit of $76.5M, or 2.88% of GDP.

Over the past 31 years, Estonia recorded a fiscal deficit in 20 of those years, while Saint Lucia ran a deficit in 29 years. On average, Estonia posted an annual deficit equal to 0.54% of GDP, compared to deficit of 2.77% of GDP for Saint Lucia.

Inflation comparison by year

Inflation
Estonia

Saint Lucia
1x
Year Consumer prices inflation
Estonia Saint Lucia
2025 4.83% 2.03%
2024 3.52% -0.67%
2023 9.16% 3.82%
2022 19.4% 9.65%
2021 4.65% 2.41%
2020 -0.44% -1.76%
2019 2.28% 0.54%
2018 3.44% 1.94%
2017 3.42% 0.1%
2016 0.15% -3.08%
2015 -0.49% -0.98%
2014 -0.11% 3.52%
2013 2.78% 1.47%
2012 3.93% 4.18%
2011 4.98% 2.77%
2010 2.97% 3.25%
2009 -0.08% -0.16%
2008 10.4% 5.55%
2007 6.6% 2.82%
2006 4.44% 2.4%
2005 4.08% 3.9%
2004 3.05% 1.46%
2003 1.33% 1.03%
2002 3.57% -0.26%
2001 5.75% 5.31%
2000 4.02% 3.71%
1999 3.3% 3.5%
1998 8.21% 3.2%
1997 10.6% -0.006%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/estonia/saint-lucia | CC BY

Over the past 29 years, Estonia has recorded an average annual inflation rate of 4.47%, compared with 2.13% in Saint Lucia. In 2025, inflation was 4.83% in Estonia and 2.03% in Saint Lucia.

Top exports between countries

Estonia
Export category Export value
Processed food, beverages & tobacco $16K
Machinery & equipment $10K
Saint Lucia
Export category Export value

Balance of trade

Estonia Saint Lucia
Current account balance
-$70M
2025
-$166M
2025
Current account balance ranking
79/190
2025
89/190
2025
Current account balance, % of GDP
-0.15%
2025
-6.26%
2025
Goods imports
$24.4B
2025
$834M
2025
Goods exports
$21.2B
2025
$144M
2025
Service imports
$12B
2025
$672M
2025
Service exports
$15.6B
2025
$1.4B
2025
Imports of goods and services, % of GDP
77.4%
2025
n/a
Exports of goods and services, % of GDP
78.4%
2025
19%
2026

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Estonia Saint Lucia
Economic freedom 78.7 67.5
Economic freedom ranking 10/197 57/197
Property rights 93.6 64.3
Government integrity 86.3 59.7
Judicial effectiveness 92.4 77.3
Tax burden 77.9 77.7
Government spending 46 82.6
Fiscal health 93.1 80
Business freedom 82.8 71.9
Labor freedom 59 65.2
Monetary freedom 73.9 81
Trade freedom 79.4 60
Investment freedom 90 50
Financial freedom 70 40

Economic freedom comparison by year

Estonia
Saint Lucia
1x
Year Economic freedom index
Estonia Saint Lucia
2026 78.7 67.5
2025 78.9 67
2024 77.8 62.2
2023 78.6 60.7
2022 80 64.3
2021 78.2 67.5
2020 77.7 68.2
2019 76.6 68.7
2018 78.8 67.6
2017 79.1 65
2016 77.2 70
2015 76.8 70.2
2014 75.9 70.7
2013 75.3 70.4
2012 73.2 71.3
2011 75.2 70.8
2010 74.7 70.5
2009 76.4 68.8
2008 77.9 -
2007 78 -
2006 74.9 -
2005 75.2 -
2004 77.4 -
2003 77.7 -
2002 77.6 -
2001 76.1 -
2000 69.9 -
1999 73.8 -
1998 72.5 -
1997 69.1 -
1996 65.4 -
1995 65.2 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/estonia/saint-lucia | CC BY

The Economic Freedom Index for Estonia is 78.7, ranking 10/197, compared to 67.5 for Saint Lucia, ranking 57/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Estonia Saint Lucia
Services, % of GDP
65.8%
2025
73.8%
2025
Industry, % of GDP
19.7%
2025
10.7%
2025
Agriculture, forestry, and fishing, % of GDP
1.65%
2025
1.66%
2025
GNI, Atlas method
$44.2B
2025
$2.42B
2025
GNI per capita, PPP
$51,370
2025
$26,180
2025
Total reserves including gold
$2.44B
2025
$447M
2025
Total reserves ranking
124/177
2025
160/177
2025
Net foreign direct investment
$814M
2025
-$175M
2025
Net inflows of foreign direct investment
-$3.44B
2024
$187M
2024
Net outflows of foreign direct investment
-$3.72B
2024
-$350K
2024
Servicing debt to the IMF, % of GNI n/a
3.35%
2024
Poverty at national poverty lines
22.5%
2022
25%
2016
Gross capital formation, % of GDP
24.8%
2025
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/estonia/saint-lucia | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-07-08)
  6. TradeMap (2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.