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Economy of Romania vs Saint Lucia compared: GDP & Debt

Updated on by Georank team

Romania has a GDP of $383B compared to $2.55B for Saint Lucia, ranking 42/197 and 173/197 by economy size, respectively.

Romania has $220B in government debt (57.4% of GDP), compared to $1.97B (77.2% of GDP) in Saint Lucia.

Romania vs Saint Lucia GDP by year

Romania
Saint Lucia
1x
Year GDP, current $
Romania Saint Lucia
2024 $382,564,217,989 $2,549,062,963
2023 $347,757,995,759 $2,430,166,667
2022 $295,319,437,557 $2,342,714,815
2021 $285,071,280,114 $1,867,185,185
2020 $250,625,048,304 $1,499,274,074
2019 $250,080,428,512 $2,095,344,444
2018 $241,791,427,224 $2,060,955,556
2017 $210,147,385,855 $1,998,503,704
2016 $185,290,759,249 $1,868,544,444
2015 $177,885,131,240 $1,807,640,741
2014 $199,722,319,676 $1,749,185,185
2013 $189,798,603,751 $1,660,392,593
2012 $179,117,323,107 $1,598,207,407
2011 $192,623,977,894 $1,568,370,370
2010 $170,064,350,672 $1,482,385,185
2009 $174,110,532,659 $1,401,507,889
2008 $214,315,932,061 $1,437,731,111
2007 $174,588,782,939 $1,336,088,815
2006 $122,023,735,993 $1,268,319,185
2005 $98,454,380,120 $1,135,555,556
2004 $74,973,656,852 $1,066,666,667
2003 $57,806,384,143 $987,407,407
2002 $46,065,502,703 $900,000,000
2001 $40,395,116,581 $892,592,593
2000 $37,253,739,511 $932,592,593
1999 $35,953,156,754 $921,851,852
1998 $41,696,091,974 $877,407,407
1997 $35,575,214,078 $805,925,926
1996 $36,937,074,278 $788,888,889
1995 $37,430,162,103 $762,962,963
1994 $30,072,805,104 $713,703,704
1993 $26,361,160,450 $684,814,815
1992 $25,121,666,667 $674,074,074
1991 $28,850,634,900 $613,703,704
1990 $38,247,882,300 $579,629,630
1989 $41,450,777,202 $486,666,667
1988 $40,424,528,302 $429,629,630
1987 $38,067,567,568 $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 (1980–2024, retrieved 2026-04-06).

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

GDP per capita in Romania vs Saint Lucia by year

Romania
GDP per capita

GDP per capita, PPP
Saint Lucia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Romania Saint Lucia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $20,080 $49,077 $14,182 $27,567
2023 $18,244 $45,982 $13,555 $25,975
2022 $15,504 $41,979 $13,104 $24,599
2021 $14,908 $37,534 $10,459 $19,101
2020 $13,009 $34,194 $8,411 $14,912
2019 $12,910 $33,425 $11,794 $18,710
2018 $12,416 $29,383 $11,643 $17,433
2017 $10,728 $26,943 $11,333 $16,131
2016 $9,405 $23,905 $10,638 $15,307
2015 $8,977 $21,625 $10,335 $14,353
2014 $10,032 $20,633 $10,045 $14,403
2013 $9,498 $19,678 $9,577 $14,010
2012 $8,930 $19,808 $9,260 $13,443
2011 $9,561 $18,804 $9,129 $13,471
2010 $8,400 $17,355 $8,674 $12,718
2009 $8,548 $16,641 $8,251 $12,600
2008 $10,435 $16,782 $8,517 $12,969
2007 $8,360 $13,703 $7,964 $12,199
2006 $5,758 $11,554 $7,611 $11,758
2005 $4,618 $9,602 $6,863 $10,818
2004 $3,495 $8,989 $6,495 $10,610
2003 $2,679 $7,559 $6,059 $9,707
2002 $2,120 $7,162 $5,568 $9,205
2001 $1,825 $6,520 $5,570 $9,106
2000 $1,660 $5,850 $5,880 $9,314
1999 $1,600 $5,596 $5,883 $9,214
1998 $1,853 $5,545 $5,673 $8,965
1997 $1,577 $5,564 $5,282 $8,456
1996 $1,633 $5,746 $5,244 $8,490
1995 $1,650 $5,429 $5,148 $8,222
1994 $1,323 $4,995 $4,892 $8,041
1993 $1,158 $4,699 $4,765 $7,865
1992 $1,102 $4,515 $4,760 $7,753
1991 $1,254 $4,795 $4,399 $7,127
1990 $1,648 $5,280 $4,205 $6,951
1989 $1,790 - $3,565 -
1988 $1,753 - $3,182 -
1987 $1,659 - $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 (1980–2024, retrieved 2026-04-06).

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

Romania's GDP per capita is $20,080, ranking 58/197, compared to $14,182 in Saint Lucia, ranking 70/197. Adjusted for purchasing power (GDP per capita PPP), Romania ranks 47th at $49,077, while Saint Lucia ranks 75th at $27,567.

Economic indicators

Romania Saint Lucia
Gross domestic product
$383B
2024
$2.55B
2024
GDP rank
42/197
2024
173/197
2024
GDP growth
0.92%
2023-2024
3.89%
2023-2024
GDP per capita
$20,080
2024
$14,182
2024
GDP per capita rank
58/197
2024
70/197
2024
GDP per capita, PPP
$49,077
2024
$27,567
2024
GDP per capita PPP rank
47/197
2024
75/197
2024
Government debt
$220B
2024
$1.97B
2024
Debt-to-GDP ratio
57.4%
2024
77.2%
2024
Government debt per person
$11,533
2024
$10,952
2024
Government debt per person rank
48/185
2024
52/185
2024
Average annual personal income after taxes
$13,912
2026
$10,412
2026
Market capitalization of domestic companies
$47.4B
2024
n/a
Number of billionaires
6
2025
n/a
Income share by richest 10%
21.8%
2023
34.1%
2015
Income share by poorest 10%
2.4%
2023
2.1%
2015
Government expenditure, % of GDP
39.9%
2024
24.5%
2024
Consumer prices inflation
5.6%
2023-2024
-0.11%
2023-2024
Central bank interest rate
6.5%
2024
n/a
Unemployment rate
5.43%
2024
10.1%
2024
Population
18839108
180638

Spending and national debt comparison by year

Romania
Spending

Debt
Saint Lucia
Spending

Debt
1x
Year % of GDP
Romania Saint Lucia
Government spending Government debt Government spending Government debt
2024 39.9% 57.4% 24.5% 77.2%
2023 36.6% 52.1% 25.6% 76.6%
2022 37.4% 51.7% 23% 74.4%
2021 37% 51.5% 27.4% 87%
2020 38.1% 49.3% 34.9% 100%
2019 33.2% 36.5% 25.1% 62.1%
2018 31.7% 36.2% 23.2% 60.5%
2017 31% 37.1% 23.3% 60.4%
2016 31.8% 39.5% 23% 61.3%
2015 34.2% 39.4% 23.7% 61.1%
2014 33.8% 40.5% 23.6% 62.4%
2013 34.2% 39.3% 25.4% 62.1%
2012 33.5% 36.2% 28% 60.8%
2011 35% 32.6% 27% 55.2%
2010 37.4% 30.2% 26% 53%
2009 36.3% 22.5% 24.5% 51%
2008 35.3% 13% 22.2% 46.7%
2007 34.6% 12.4% 22.6% 49.1%
2006 33.9% 12.7% 24.7% 48.6%
2005 32.3% 17.8% 26% 51.9%
2004 33.7% 21.3% 22.9% 49.6%
2003 31.8% 24.9% 22.9% 45.6%
2002 32.1% 27.4% 23.6% 48.8%
2001 33.2% 27.4% 22.1% 38.1%
2000 35% 29.6% 20.7% 32.5%
1999 35.1% 21.7% 20.9% 28.9%
1998 34.7% 16.5% 18.8% 29.4%
1997 33.5% 15% 19.5% 27.2%
1996 33.5% 11% 18.9% 24.1%
1995 34.4% 6.91% 19.2% 22.9%
1994 33.1% - 19.1% 23.8%
1993 33.5% - 21.8% 22.9%
1992 41.5% - 18.4% 22.2%
1991 38.3% - 18.4% 19.8%
1990 38.4% - 16.7% 17%
1989 40.1% - 19% 18.1%
1988 36.6% - 18.2% 18.6%
1987 40.7% - 19.9% 19.6%
1986 42.5% - 21.1% 17.2%
1985 41.6% - 20.4% 17.1%
1984 28.6% - - -
1983 25.8% - - -
1982 28.5% - - -
1981 30.4% - - -
1980 33.6% - - -
1979 42% - - -
1978 42.1% - - -
1977 39.9% - - -
1976 37.5% - - -
1975 40.6% - - -
1974 37.6% - - -
1973 32.6% - - -
1972 29.9% - - -
1971 27.2% - - -
1970 28.1% - - -
1969 32.1% - - -
1968 31.8% - - -
1967 30.6% - - -
1966 27.3% - - -
1965 25.6% - - -
1964 25.1% - - -
1963 23.1% - - -
1962 43.4% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1962–1999, retrieved 2026-02-20).

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

In 2024, Romania's government spending was $153B, accounting for 39.9% of its GDP, while Saint Lucia spent $625M, or 24.5% of GDP.

Debt-to-GDP ratio is 57.4% in Romania and 77.2% in Saint Lucia, ranking 87/185 and 46/185, respectively.

Government deficit by year

Deficit/surplus
Romania

Saint Lucia
1x
Year Deficit/surplus, % of GDP
Romania Saint Lucia
2024 -8.68% -2.13%
2023 -5.61% -3.09%
2022 -5.83% -1.67%
2021 -6.7% -5.1%
2020 -9.54% -12%
2019 -4.55% -3.51%
2018 -2.74% -1.03%
2017 -2.86% -1.14%
2016 -2.5% -0.79%
2015 -1.35% -2.35%
2014 -1.76% -3.08%
2013 -2.44% -4.84%
2012 -2.39% -7.62%
2011 -4.14% -5.38%
2010 -6.22% -4.17%
2009 -6.86% -2.67%
2008 -4.6% -0.72%
2007 -3.05% -1.62%
2006 -1.36% -5.07%
2005 -0.69% -6.18%
2004 -3.39% -2.63%
2003 -2.29% -3.23%
2002 -2.59% -3.1%
2001 -3.2% -3.08%
2000 -3.99% -1.16%
1999 -3.58% 1.62%
1998 -5.33% 2.25%
1997 -5.19% -1.13%
1996 -4.74% -0.58%
1995 -3.32% -0.13%
1994 -2.2% -0.02%
1993 -0.35% -0.26%
1992 -4.55% -0.66%
1991 3.23% -0.43%
1990 1.03% 0.29%
1989 -2.87% 0.89%
1988 8.4% 2.02%
1987 2.37% 0.56%
1986 5.72% -1.61%
1985 6.36% -1.5%
1984 15.2% -
1983 9.35% -
1982 0.36% -
1981 0.61% -
1980 -1.95% -
1979 0% -
1978 0% -
1977 0.23% -
1976 0.66% -
1975 0.41% -
1974 0.51% -
1973 1.53% -
1972 1.21% -
1971 0.89% -
1970 0.52% -
1969 0.93% -
1968 1.65% -
1967 1.23% -
1966 0.91% -
1965 -1.29% -
1964 -3.11% -
1963 -1.61% -
1962 -4.86% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1962–1989, retrieved 2026-02-20).

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

In 2024, Romania's government deficit, the difference between spending and revenue, was $33.2B, equivalent to 8.68% of GDP. This compares to Saint Lucia's deficit of $54.2M, or 2.13% of GDP.

Over the past 38 years, Romania recorded a fiscal deficit in 34 of those years, while Saint Lucia ran a deficit in 32 years. On average, Romania posted an annual deficit equal to 3.06% of GDP, compared to deficit of 2.18% of GDP for Saint Lucia.

Inflation comparison by year

Inflation
Romania

Saint Lucia
1x
Year Consumer prices inflation
Romania Saint Lucia
2024 5.6% -0.11%
2023 10.4% 4.07%
2022 13.8% 6.38%
2021 5% 2.41%
2020 2.6% -1.76%
2019 3.8% 0.54%
2018 4.6% 1.94%
2017 1.3% 0.1%
2016 -1.6% -3.08%
2015 -0.6% -0.98%
2014 1.1% 3.52%
2013 4% 1.47%
2012 3.3% 4.18%
2011 5.8% 2.77%
2010 6.1% 3.25%
2009 5.6% -0.16%
2008 7.8% 5.55%
2007 4.8% 2.82%
2006 6.6% 2.4%
2005 9% 3.9%
2004 11.9% 1.46%
2003 15.4% 1.03%
2002 22.5% -0.26%
2001 34.5% 5.31%
2000 45.7% 3.71%
1999 45.8% 3.5%
1998 59.1% 3.2%
1997 154.8% -0.006%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Romania has recorded an average annual inflation rate of 17.5%, compared with 2.04% in Saint Lucia. In 2024, inflation was 5.6% in Romania and -0.11% in Saint Lucia.

Top exports between countries

Romania
Export category Export value
Machinery & equipment $125K
Wood & paper products $97K
Raw materials & minerals $31K
Metals $23K
Chemicals & pharma $17K
Textiles & consumer goods $11K
Saint Lucia
Export category Export value

Balance of trade

Romania Saint Lucia
Current account balance
-$31.2B
2024
-$64.1M
2024
Current account balance ranking
185/190
2024
86/190
2024
Current account balance, % of GDP
-8.16%
2024
-2.52%
2024
Goods imports
$129B
2024
$848M
2024
Goods exports
$93.3B
2024
$137M
2024
Service imports
$30.2B
2024
$598M
2024
Service exports
$42.9B
2024
$1.46B
2024
Imports of goods and services, % of GDP
41.6%
2024
n/a
Exports of goods and services, % of GDP
35.6%
2024
19%
2025

Economic freedom indices

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

Romania Saint Lucia
Economic freedom 65.4 67.5
Economic freedom ranking 64/197 57/197
Property rights 81 64.3
Government integrity 50 59.7
Judicial effectiveness 67 77.3
Tax burden 89.1 77.7
Government spending 56.7 82.6
Fiscal health 21.4 80
Business freedom 74.4 71.9
Labor freedom 63.6 65.2
Monetary freedom 72.7 81
Trade freedom 79.4 60
Investment freedom 70 50
Financial freedom 60 40

Economic freedom comparison by year

Romania
Saint Lucia
1x
Year Economic freedom index
Romania Saint Lucia
2026 65.4 67.5
2025 66.5 67
2024 64.4 62.2
2023 64.5 60.7
2022 67.1 64.3
2021 69.5 67.5
2020 69.7 68.2
2019 68.6 68.7
2018 69.4 67.6
2017 69.7 65
2016 65.6 70
2015 66.6 70.2
2014 65.5 70.7
2013 65.1 70.4
2012 64.4 71.3
2011 64.7 70.8
2010 64.2 70.5
2009 63.2 68.8
2008 61.7 -
2007 61.2 -
2006 58.2 -
2005 52.1 -
2004 50 -
2003 50.6 -
2002 48.7 -
2001 50 -
2000 52.1 -
1999 50.1 -
1998 54.4 -
1997 50.8 -
1996 46.2 -
1995 42.9 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Romania is 65.4, ranking 64/197, 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

Romania Saint Lucia
Services, % of GDP
62.6%
2024
75.9%
2024
Industry, % of GDP
25.3%
2024
9.75%
2024
Agriculture, forestry, and fishing, % of GDP
2.81%
2024
1.13%
2024
GNI, Atlas method
$335B
2024
$2.27B
2024
GNI per capita, PPP
$47,920
2024
$24,840
2024
Total reserves including gold
$73.4B
2024
$406M
2024
Total reserves ranking
35/177
2024
162/177
2024
Net foreign direct investment
-$5.17B
2024
-$187M
2024
Net inflows of foreign direct investment
$7.16B
2024
$187M
2024
Net outflows of foreign direct investment
$1.99B
2024
-$350K
2024
Servicing debt to the IMF, % of GNI n/a
3.42%
2024
Poverty at national poverty lines
19%
2023
25%
2016
Gross capital formation, % of GDP
25%
2024
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1980–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1962–1999, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2023–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.