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Economy of Mexico vs Saint Lucia compared: GDP & Debt

Updated on by Georank

Mexico has a GDP of $1.83T compared to $2.66B for Saint Lucia, ranking 14/197 and 173/197 by economy size, respectively.

Mexico has $1.13T in government debt (61.8% of GDP), compared to $2.05B (77.1% of GDP) in Saint Lucia.

Mexico vs Saint Lucia GDP by year

Mexico
Saint Lucia
1x
Year GDP, current $
Mexico Saint Lucia
2025 $1,832,641,364,776 $2,656,444,444
2024 $1,830,489,311,089 $2,605,148,148
2023 $1,794,410,347,718 $2,441,259,259
2022 $1,466,934,724,243 $2,319,888,889
2021 $1,316,569,466,834 $1,871,111,111
2020 $1,121,064,767,169 $1,521,740,741
2019 $1,304,106,204,006 $2,090,074,074
2018 $1,256,300,182,984 $2,060,955,556
2017 $1,190,721,475,853 $1,998,503,704
2016 $1,112,233,497,453 $1,868,544,444
2015 $1,213,294,467,654 $1,807,640,741
2014 $1,364,507,717,689 $1,749,185,185
2013 $1,327,436,290,439 $1,660,392,593
2012 $1,255,110,424,742 $1,598,207,407
2011 $1,229,013,703,417 $1,568,370,370
2010 $1,105,424,238,652 $1,482,385,185
2009 $943,437,414,951 $1,401,507,889
2008 $1,161,553,459,985 $1,437,731,111
2007 $1,102,355,554,880 $1,336,088,815
2006 $1,020,265,057,882 $1,268,319,185
2005 $917,571,853,437 $1,135,555,556
2004 $819,459,227,375 $1,066,666,667
2003 $765,549,967,889 $987,407,407
2002 $810,666,116,402 $900,000,000
2001 $796,064,590,549 $892,592,593
2000 $742,061,329,749 $932,592,593
1999 $631,249,359,702 $921,851,852
1998 $557,461,102,631 $877,407,407
1997 $523,449,530,464 $805,925,926
1996 $432,157,945,024 $788,888,889
1995 $380,157,469,867 $762,962,963
1994 $553,618,247,901 $713,703,704
1993 $530,160,763,663 $684,814,815
1992 $363,157,832,924 $674,074,074
1991 $313,139,656,146 $613,703,704
1990 $261,253,675,693 $579,629,630
1989 $221,403,098,267 $486,666,667
1988 $181,611,150,497 $429,629,630
1987 $147,542,558,209 $375,555,556
1986 $134,556,034,673 $340,000,000
1985 $195,241,069,482 $284,444,444
1984 $184,230,754,105 $251,481,481
1983 $156,167,000,433 $197,037,037
1982 $184,602,611,610 $183,333,333
1981 $263,797,827,860 $194,444,444
1980 $205,577,055,466 $170,370,370
1979 $134,531,900,899 -
1978 $102,648,570,299 -
1977 $81,912,018,784 -
1976 $88,875,923,765 -
1975 $88,000,000,000 -
1974 $72,000,000,000 -
1973 $55,280,000,000 -
1972 $45,200,000,000 -
1971 $39,200,000,000 -
1970 $35,520,000,000 -
1969 $32,480,000,000 -
1968 $29,360,000,000 -
1967 $26,560,000,000 -
1966 $24,320,000,000 -
1965 $21,840,000,000 -
1964 $20,080,000,000 -
1963 $16,960,000,000 -
1962 $15,200,000,000 -
1961 $14,160,000,000 -
1960 $13,040,000,000 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Mexico vs Saint Lucia by year

Mexico
GDP per capita

GDP per capita, PPP
Saint Lucia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Mexico Saint Lucia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $13,889 - $14,746 -
2024 $13,988 $26,185 $14,494 $27,567
2023 $13,831 $25,243 $13,617 $25,975
2022 $11,406 $23,135 $12,976 $24,599
2021 $10,314 $20,783 $10,481 $19,101
2020 $8,841 $19,354 $8,537 $14,912
2019 $10,370 $20,964 $11,764 $18,710
2018 $10,085 $20,921 $11,643 $17,433
2017 $9,649 $20,489 $11,333 $16,131
2016 $9,098 $20,105 $10,638 $15,307
2015 $10,021 $19,071 $10,335 $14,353
2014 $11,391 $18,821 $10,045 $14,403
2013 $11,217 $18,170 $9,577 $14,010
2012 $10,744 $18,005 $9,260 $13,443
2011 $10,664 $17,267 $9,129 $13,471
2010 $9,729 $15,909 $8,674 $12,718
2009 $8,424 $15,191 $8,251 $12,600
2008 $10,524 $15,681 $8,517 $12,969
2007 $10,134 $15,032 $7,964 $12,199
2006 $9,513 $14,540 $7,611 $11,758
2005 $8,672 $13,260 $6,863 $10,818
2004 $7,850 $12,658 $6,495 $10,610
2003 $7,434 $12,066 $6,059 $9,707
2002 $7,983 $11,762 $5,568 $9,205
2001 $7,953 $11,739 $5,570 $9,106
2000 $7,524 $11,705 $5,880 $9,314
1999 $6,500 $11,031 $5,883 $9,214
1998 $5,833 $10,756 $5,673 $8,965
1997 $5,567 $10,182 $5,282 $8,456
1996 $4,674 $9,496 $5,244 $8,490
1995 $4,184 $8,933 $5,148 $8,222
1994 $6,202 $9,466 $4,892 $8,041
1993 $6,048 $9,041 $4,765 $7,865
1992 $4,221 $9,470 $4,760 $7,753
1991 $3,709 $9,079 $4,399 $7,127
1990 $3,154 $8,578 $4,205 $6,951
1989 $2,725 - $3,565 -
1988 $2,279 - $3,182 -
1987 $1,888 - $2,819 -
1986 $1,757 - $2,591 -
1985 $2,602 - $2,202 -
1984 $2,506 - $1,979 -
1983 $2,170 - $1,576 -
1982 $2,621 - $1,489 -
1981 $3,829 - $1,605 -
1980 $3,055 - $1,428 -
1979 $2,049 - - -
1978 $1,604 - - -
1977 $1,315 - - -
1976 $1,465 - - -
1975 $1,492 - - -
1974 $1,256 - - -
1973 $993 - - -
1972 $837 - - -
1971 $748 - - -
1970 $699 - - -
1969 $660 - - -
1968 $616 - - -
1967 $576 - - -
1966 $545 - - -
1965 $506 - - -
1964 $481 - - -
1963 $420 - - -
1962 $388 - - -
1961 $374 - - -
1960 $355 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Mexico's GDP per capita is $13,889, ranking 76/197, compared to $14,746 in Saint Lucia, ranking 72/197. Adjusted for purchasing power (GDP per capita PPP), Mexico ranks 80th at $26,185, while Saint Lucia ranks 75th at $27,567.

Economic indicators

Mexico Saint Lucia
Gross domestic product
$1.83T
2025
$2.66B
2025
GDP rank
14/197
2025
173/197
2025
GDP growth
0.56%
2024-2025
-0.57%
2024-2025
GDP per capita
$13,889
2025
$14,746
2025
GDP per capita rank
76/197
2025
72/197
2025
GDP per capita, PPP
$26,185
2024
$27,567
2024
GDP per capita PPP rank
80/197
2024
75/197
2024
Government debt
$1.13T
2025
$2.05B
2025
Debt-to-GDP ratio
61.8%
2025
77.1%
2025
Government debt per person
$8,577
2025
$11,365
2025
Government debt per person rank
66/185
2025
53/185
2025
Average annual personal income after taxes
$10,482
2026
$12,464
2026
Market capitalization of domestic companies
$560B
2025
n/a
Number of millionaires
333,000
2026
n/a
Number of billionaires
22
2026
n/a
Income share by richest 10%
33.4%
2024
34.1%
2015
Income share by poorest 10%
2.1%
2024
2.1%
2015
Government expenditure, % of GDP
29.8%
2025
25.2%
2025
Consumer prices inflation
3.81%
2024-2025
2.03%
2024-2025
Central bank interest rate
6.5%
2026
n/a
Unemployment rate
2.54%
2025
7.66%
2025
Population
133551566
180676

Spending and national debt comparison by year

Mexico
Spending

Debt
Saint Lucia
Spending

Debt
1x
Year % of GDP
Mexico Saint Lucia
Government spending Government debt Government spending Government debt
2025 29.8% 61.8% 25.2% 77.1%
2024 30.8% 59.1% 24.4% 76.7%
2023 28.6% 52.8% 25.3% 75.2%
2022 28.5% 53.8% 23.8% 73.9%
2021 26.7% 56.7% 26.7% 81.9%
2020 27.8% 58.5% 33.1% 94.4%
2019 25.3% 51.9% 24.6% 62.1%
2018 25% 52.2% 23.2% 60.3%
2017 25% 52.5% 23% 59.9%
2016 26.5% 55% 22.6% 60.2%
2015 26.6% 51% 22.1% 60.6%
2014 26.9% 47.1% 22.6% 61.9%
2013 26.7% 44.1% 24.3% 61.2%
2012 27% 40.8% 27.1% 60.2%
2011 26.6% 41.2% 26.9% 54.9%
2010 26.5% 40.2% 25.6% 52.2%
2009 26.5% 41.7% 24.2% 50.2%
2008 26.5% 40.6% 22.3% 46.9%
2007 22.5% 35.5% 22.2% 48.2%
2006 21.6% 35.8% 24.4% 48%
2005 21.2% 36.8% 25.3% 50.4%
2004 20.5% 38.9% 22.5% 48.8%
2003 21.5% 42.1% 22.5% 44.7%
2002 19.8% 39.9% 23% 47.7%
2001 19.5% 37.3% 22% 38%
2000 19.4% 38.5% 20.9% 32.8%
1999 20.1% 41.7% 20.9% 28.8%
1998 19.5% 39.7% 18.6% 29.1%
1997 20.7% 39.1% 19% 26.6%
1996 20.8% 42.5% 18.8% 23.9%
1995 18.9% 30.7% 19% 22.7%
1994 18.9% 26.8% 18.7% 23.4%
1993 18.2% 19.2% 21.6% 22.7%
1992 19% 21.5% 18.3% 22.1%
1991 20.1% 29.2% 18% 19.3%
1990 22.9% 35.7% 16.5% 16.7%
1989 19.2% 36% 19% 18.1%
1988 23.6% 36.5% 18.2% 18.6%
1987 26.7% 52.7% 19.9% 19.6%
1986 25.1% 47.8% 21.1% 17.2%
1985 21.4% 30.4% 20.4% 17.1%
1984 19.8% 25.2% - -
1983 21.6% 25.3% - -
1982 24.7% 29.8% - -
1981 20.1% 41.7% - -
1980 17.5% 31.4% - -
1979 16.5% 35.8% - -
1978 15.7% 39% - -
1977 15.5% 41.5% - -
1976 15.5% 31.3% - -
1975 14.7% 24.4% - -
1974 13.8% 21.7% - -
1973 12.7% 20% - -
1972 11.9% 17.9% - -
1971 10.6% 17% - -
1970 10.9% 17.1% - -
1969 11.8% 10.7% - -
1968 10.9% 7.85% - -
1967 10.4% 8.22% - -
1966 11.6% 5.14% - -
1965 10.7% 9.99% - -
1964 9.21% 6.22% - -
1963 8.51% 4.13% - -
1962 8.26% 4.2% - -
1961 8.01% 4.38% - -
1960 9.5% 4.58% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-07-08).

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

In 2025, Mexico's government spending was $547B, accounting for 29.8% of its GDP, while Saint Lucia spent $671M, or 25.2% of GDP.

Debt-to-GDP ratio is 61.8% in Mexico and 77.1% in Saint Lucia, ranking 73/185 and 48/185, respectively.

Government deficit by year

Deficit/surplus
Mexico

Saint Lucia
1x
Year Deficit/surplus, % of GDP
Mexico Saint Lucia
2025 -4.86% -2.88%
2024 -5.78% -1.81%
2023 -4.3% -3.18%
2022 -4.32% -2.48%
2021 -3.75% -5.35%
2020 -4.29% -11.5%
2019 -2.27% -2.95%
2018 -2.14% -1.22%
2017 -1.03% -2.09%
2016 -2.68% -1.53%
2015 -3.86% -1.18%
2014 -4.37% -2.29%
2013 -3.56% -3.98%
2012 -3.57% -6.93%
2011 -3.2% -5.35%
2010 -3.8% -4.11%
2009 -3.94% -2.63%
2008 -0.68% -0.72%
2007 -1.46% -1.59%
2006 -1.23% -5.01%
2005 -1.43% -6%
2004 -1.35% -2.58%
2003 -2.24% -3.17%
2002 -2.18% -3.03%
2001 -2.57% -3.07%
2000 -2.69% -1.17%
1999 -4.49% 1.61%
1998 -4.49% 2.22%
1997 -3.48% -1.1%
1996 -3.66% -0.57%
1995 -2.28% -0.13%
1994 -2.25% -0.02%
1993 -1.51% -0.25%
1992 2.26% -0.66%
1991 1.49% -0.42%
1990 -3.11% 0.29%
1989 -4.75% 0.89%
1988 -8.76% 2.02%
1987 -11.6% 0.56%
1986 -11.2% -1.61%
1985 -7.2% -1.5%
1984 -5.79% -
1983 -6.03% -
1982 -11.4% -
1981 -4.9% -
1980 -1.75% -
1979 -2.15% -
1978 -1.88% -
1977 -2.43% -
1976 -3.14% -
1975 -2.64% -
1974 -3.33% -
1973 -2.75% -
1972 -2.3% -
1971 -1.43% -
1970 -1.71% -
1969 -2.74% -
1968 -2.06% -
1967 -2.12% -
1966 -3.2% -
1965 -2.51% -
1964 -1.44% -
1963 -0.92% -
1962 -0.79% -
1961 -0.88% -
1960 -1.36% -
1959 -0.73% -
1958 0.24% -
1957 -0.03% -
1956 0.52% -
1955 0.6% -
1954 -0.94% -
1953 -0.58% -
1952 0.42% -
1951 -0.26% -
1950 -0.2% -
1949 0.44% -
1948 -1.55% -
1947 -0.93% -
1946 0.66% -
1945 -1.11% -
1944 -1.12% -
1943 0.05% -
1942 -0.93% -
1941 -0.26% -
1940 -0.4% -
1939 -0.06% -
1938 -0.91% -
1937 -0.41% -
1936 -0.39% -
1935 0.26% -
1934 0.72% -
1933 -0.58% -
1932 0% -
1931 0.71% -
1930 0.21% -
1929 0.95% -
1928 0.24% -
1927 -0.3% -
1926 -0.29% -
1925 0.46% -
1924 1.34% -
1923 1.02% -
1922 1.13% -
1921 0.64% -
1920 0.91% -
1919 0.41% -
1918 -0.19% -
1917 0.63% -
1916 - -
1915 - -
1914 - -
1913 0.28% -
1912 -0.79% -
1911 -0.31% -
1910 0.1% -
1909 0.15% -
1908 -0.08% -
1907 0.43% -
1906 0.72% -
1905 0.35% -
1904 1.09% -
1903 3.82% -
1902 0.42% -
1901 0.62% -
1900 0.76% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1900–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Mexico's government deficit, the difference between spending and revenue, was $89B, equivalent to 4.86% of GDP. This compares to Saint Lucia's deficit of $76.5M, or 2.88% of GDP.

Over the past 41 years, Mexico recorded a fiscal deficit in 39 of those years, while Saint Lucia ran a deficit in 35 years. On average, Mexico posted an annual deficit equal to 3.48% of GDP, compared to deficit of 2.11% of GDP for Saint Lucia.

Inflation comparison by year

Inflation
Mexico

Saint Lucia
1x
Year Consumer prices inflation
Mexico Saint Lucia
2025 3.81% 2.03%
2024 4.72% -0.67%
2023 5.53% 3.82%
2022 7.9% 9.65%
2021 5.69% 2.41%
2020 3.4% -1.76%
2019 3.64% 0.54%
2018 4.9% 1.94%
2017 6.04% 0.1%
2016 2.82% -3.08%
2015 2.72% -0.98%
2014 4.02% 3.52%
2013 3.81% 1.47%
2012 4.11% 4.18%
2011 3.41% 2.77%
2010 4.16% 3.25%
2009 5.3% -0.16%
2008 5.12% 5.55%
2007 3.97% 2.82%
2006 3.63% 2.4%
2005 3.99% 3.9%
2004 4.69% 1.46%
2003 4.55% 1.03%
2002 5.03% -0.26%
2001 6.37% 5.31%
2000 9.49% 3.71%
1999 16.6% 3.5%
1998 15.9% 3.2%
1997 20.6% -0.006%

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

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

Over the past 29 years, Mexico has recorded an average annual inflation rate of 6.07%, compared with 2.13% in Saint Lucia. In 2025, inflation was 3.81% in Mexico and 2.03% in Saint Lucia.

Top exports between countries

Mexico
Export category Export value
Machinery & equipment $895K
Chemicals & pharma $534K
Textiles & consumer goods $243K
Processed food, beverages & tobacco $116K
Metals $72K
Miscellaneous $43K
Wood & paper products $29K
Raw materials & minerals $14K
Saint Lucia
Export category Export value

Balance of trade

Mexico Saint Lucia
Current account balance
-$8.2B
2025
-$166M
2025
Current account balance ranking
171/190
2025
89/190
2025
Current account balance, % of GDP
-0.45%
2025
-6.26%
2025
Goods imports
$665B
2025
$834M
2025
Goods exports
$666B
2025
$144M
2025
Service imports
$75.4B
2025
$672M
2025
Service exports
$64B
2025
$1.4B
2025
Imports of goods and services, % of GDP
40.3%
2025
n/a
Exports of goods and services, % of GDP
39.6%
2025
19%
2026

Economic freedom indices

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

Mexico Saint Lucia
Economic freedom 59.8 67.5
Economic freedom ranking 102/197 57/197
Property rights 37.6 64.3
Government integrity 28.8 59.7
Judicial effectiveness 40.4 77.3
Tax burden 75.4 77.7
Government spending 74.6 82.6
Fiscal health 56.7 80
Business freedom 67 71.9
Labor freedom 57.3 65.2
Monetary freedom 70.6 81
Trade freedom 74.2 60
Investment freedom 75 50
Financial freedom 60 40

Economic freedom comparison by year

Mexico
Saint Lucia
1x
Year Economic freedom index
Mexico Saint Lucia
2026 59.8 67.5
2025 61.3 67
2024 62 62.2
2023 63.2 60.7
2022 63.7 64.3
2021 65.5 67.5
2020 66 68.2
2019 64.7 68.7
2018 64.8 67.6
2017 63.6 65
2016 65.2 70
2015 66.4 70.2
2014 66.8 70.7
2013 67 70.4
2012 65.3 71.3
2011 67.8 70.8
2010 68.3 70.5
2009 65.8 68.8
2008 66.2 -
2007 66 -
2006 64.7 -
2005 65.2 -
2004 66 -
2003 65.3 -
2002 63 -
2001 60.6 -
2000 59.3 -
1999 58.5 -
1998 57.9 -
1997 57.1 -
1996 61.2 -
1995 63.1 -

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

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

The Economic Freedom Index for Mexico is 59.8, ranking 102/197, 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

Mexico Saint Lucia
Services, % of GDP
58.9%
2025
73.8%
2025
Industry, % of GDP
30.6%
2025
10.7%
2025
Agriculture, forestry, and fishing, % of GDP
3.88%
2025
1.66%
2025
GNI, Atlas method
$1.81T
2025
$2.42B
2025
GNI per capita, PPP
$25,070
2025
$26,180
2025
Total reserves including gold
$256B
2025
$447M
2025
Total reserves ranking
17/177
2025
160/177
2025
Net foreign direct investment
-$31.8B
2025
-$175M
2025
Net inflows of foreign direct investment
$45.5B
2024
$187M
2024
Net outflows of foreign direct investment
$13B
2024
-$350K
2024
Servicing debt to the IMF, % of GNI
3.77%
2024
3.35%
2024
Poverty at national poverty lines
29.6%
2024
25%
2016
Gross capital formation, % of GDP
22.6%
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/mexico/saint-lucia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1900–1995, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, 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.