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Saint Lucia economy ranking: GDP & GDP per capita, debt

Updated on by Georank

Saint Lucia ranked 173/197 by economy size with a GDP of $2.66B and 72/197 by GDP per capita at $14,746. Saint Lucia has $2.05B in government debt, with a debt-to-GDP ratio of 77.1%.

In 2025, Saint Lucia made up 0.002% of the world's economy, compared to 0.001% in 1980.

Saint Lucia GDP & GDP growth by year

GDP, current $
Real growth
1x
Year GDP GDP growth
2025 $2,656,444,444 -0.57%
2024 $2,605,148,148 4.77%
2023 $2,441,259,259 3.91%
2022 $2,319,888,889 19.3%
2021 $1,871,111,111 11.1%
2020 $1,521,740,741 -22.9%
2019 $2,090,074,074 -1.03%
2018 $2,060,955,556 2.89%
2017 $1,998,503,704 3.38%
2016 $1,868,544,444 3.43%
2015 $1,807,640,741 0.1%
2014 $1,749,185,185 1.33%
2013 $1,660,392,593 -1.82%
2012 $1,598,207,407 -0.11%
2011 $1,568,370,370 4.33%
2010 $1,482,385,185 0.33%
2009 $1,401,507,889 -2.83%
2008 $1,437,731,111 4.95%
2007 $1,336,088,815 1.69%
2006 $1,268,319,185 6.2%
2005 $1,135,555,556 -0.41%
2004 $1,066,666,667 7.27%
2003 $987,407,407 4.26%
2002 $900,000,000 0.42%
2001 $892,592,593 -3.41%
2000 $932,592,593 0.05%
1999 $921,851,852 2.67%
1998 $877,407,407 6.29%
1997 $805,925,926 -0.69%
1996 $788,888,889 2.92%
1995 $762,962,963 1.75%
1994 $713,703,704 1.6%
1993 $684,814,815 0.58%
1992 $674,074,074 7.95%
1991 $613,703,704 0.38%
1990 $579,629,630 9.89%
1989 $486,666,667 8.98%
1988 $429,629,630 13.9%
1987 $375,555,556 3.92%
1986 $340,000,000 14.4%
1985 $284,444,444 8.29%
1984 $251,481,481 7.27%
1983 $197,037,037 4.97%
1982 $183,333,333 2.09%
1981 $194,444,444 6.31%
1980 $170,370,370 -2.22%
1979 - 3.79%
1978 - 10.3%

Data sources: World Bank | Economy & Growth (1978–2025, retrieved 2026-07-08).

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

Saint Lucia GDP per capita by year

GDP per capita
GDP per capita, PPP
1x
Year Current $
GDP per capita GDP per capita, PPP
2025 $14,746 -
2024 $14,494 $27,567
2023 $13,617 $25,975
2022 $12,976 $24,599
2021 $10,481 $19,101
2020 $8,537 $14,912
2019 $11,764 $18,710
2018 $11,643 $17,433
2017 $11,333 $16,131
2016 $10,638 $15,307
2015 $10,335 $14,353
2014 $10,045 $14,403
2013 $9,577 $14,010
2012 $9,260 $13,443
2011 $9,129 $13,471
2010 $8,674 $12,718
2009 $8,251 $12,600
2008 $8,517 $12,969
2007 $7,964 $12,199
2006 $7,611 $11,758
2005 $6,863 $10,818
2004 $6,495 $10,610
2003 $6,059 $9,707
2002 $5,568 $9,205
2001 $5,570 $9,106
2000 $5,880 $9,314
1999 $5,883 $9,214
1998 $5,673 $8,965
1997 $5,282 $8,456
1996 $5,244 $8,490
1995 $5,148 $8,222
1994 $4,892 $8,041
1993 $4,765 $7,865
1992 $4,760 $7,753
1991 $4,399 $7,127
1990 $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/saint-lucia | CC BY

Saint Lucia has a GDP per capita of $14,746, ranking 72/197, a GDP per capita based on purchasing power parity (PPP) of $27,567, ranking 75/197, and a median annual after tax income of $12,464, ranking 66/197.

Saint Lucia GDP rankings by year

GDP
GDP per capita
GDP per capita, PPP
1x
Year Rank
GDP GDP per capita GDP per capita, PPP
2025 159 63 -
2024 169 67 69
2023 170 69 70
2022 171 69 71
2021 174 70 76
2020 177 75 91
2019 172 64 77
2018 173 66 80
2017 172 64 81
2016 171 65 81
2015 172 65 84
2014 174 72 87
2013 175 73 86
2012 174 76 86
2011 175 75 86
2010 176 71 87
2009 175 69 83
2008 174 71 84
2007 172 68 82
2006 170 64 76
2005 167 63 75
2004 167 58 74
2003 166 56 74
2002 165 54 74
2001 164 55 72
2000 161 55 68
1999 158 53 62
1998 161 53 60
1997 163 56 63
1996 162 53 58
1995 161 51 58
1994 158 51 58
1993 157 50 57
1992 153 51 57
1991 155 51 65
1990 154 53 64
1989 142 50 -
1988 140 54 -
1987 139 55 -
1986 134 56 -
1985 136 60 -
1984 135 63 -
1983 135 74 -
1982 137 76 -
1981 136 75 -
1980 137 76 -

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

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

Compared with 2000, in 2025 Saint Lucia is ranked 159th out of 179 by GDP (up from 161st), 63rd by GDP per capita (down from 55th), and 69th by GDP per capita PPP (down from 68th).

Economic indicators

Saint Lucia Rank
Gross domestic product
$2.66B
2025
173/197
GDP growth
-0.57%
2024-2025
182/194
GDP per capita
$14,746
2025
72/197
GDP per capita, PPP
$27,567
2024
75/197
Government debt
$2.05B
2025
158/185
Debt-to-GDP ratio
77.1%
2025
48/185
Government debt per person
$11,365
2025
53/185
Average annual personal income after taxes
$12,464
2026
66/197
Income share by richest 10%
34.1%
2015
23/169
Income share by poorest 10%
2.1%
2015
135/169
Government expenditure, % of GDP
25.2%
2025
120/195
Consumer prices inflation
2.03%
2024-2025
132/195
Unemployment rate
7.66%
2025
55/196
Population
180676
178/197

Government spending, deficit, and debt by year

Spending
Debt
Deficit/surplus
1x
Year % of GDP
Government spending Government debt Government deficit/surplus
2025 25.2% 77.1% -2.88%
2024 24.4% 76.7% -1.81%
2023 25.3% 75.2% -3.18%
2022 23.8% 73.9% -2.48%
2021 26.7% 81.9% -5.35%
2020 33.1% 94.4% -11.5%
2019 24.6% 62.1% -2.95%
2018 23.2% 60.3% -1.22%
2017 23% 59.9% -2.09%
2016 22.6% 60.2% -1.53%
2015 22.1% 60.6% -1.18%
2014 22.6% 61.9% -2.29%
2013 24.3% 61.2% -3.98%
2012 27.1% 60.2% -6.93%
2011 26.9% 54.9% -5.35%
2010 25.6% 52.2% -4.11%
2009 24.2% 50.2% -2.63%
2008 22.3% 46.9% -0.72%
2007 22.2% 48.2% -1.59%
2006 24.4% 48% -5.01%
2005 25.3% 50.4% -6%
2004 22.5% 48.8% -2.58%
2003 22.5% 44.7% -3.17%
2002 23% 47.7% -3.03%
2001 22% 38% -3.07%
2000 20.9% 32.8% -1.17%
1999 20.9% 28.8% 1.61%
1998 18.6% 29.1% 2.22%
1997 19% 26.6% -1.1%
1996 18.8% 23.9% -0.57%
1995 19% 22.7% -0.13%
1994 18.7% 23.4% -0.02%
1993 21.6% 22.7% -0.25%
1992 18.3% 22.1% -0.66%
1991 18% 19.3% -0.42%
1990 16.5% 16.7% 0.29%
1989 19% 18.1% 0.89%
1988 18.2% 18.6% 2.02%
1987 19.9% 19.6% 0.56%
1986 21.1% 17.2% -1.61%
1985 20.4% 17.1% -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/saint-lucia | CC BY

This chart shows Saint Lucia's government spending, budget balance, and debt over time, each expressed as a share of GDP.

Over the past 41 years, Saint Lucia recorded a fiscal deficit in 35 of them, with an average annual deficit equal to 2.11% of GDP. In 2025, government spending reached $671M (25.2% of GDP), with a deficit of 2.88%.

The national debt reached $2.05B, ranking 158th out of 185 countries by total size, with a debt-to-GDP ratio of 77.1%, ranking 48th.

Inflation rate by year

1x
Year Inflation
2025 2.03%
2024 -0.67%
2023 3.82%
2022 9.65%
2021 2.41%
2020 -1.76%
2019 0.54%
2018 1.94%
2017 0.1%
2016 -3.08%
2015 -0.98%
2014 3.52%
2013 1.47%
2012 4.18%
2011 2.77%
2010 3.25%
2009 -0.16%
2008 5.55%
2007 2.82%
2006 2.4%
2005 3.9%
2004 1.46%
2003 1.03%
2002 -0.26%
2001 5.31%
2000 3.71%
1999 3.5%
1998 3.2%
1997 -0.006%
1996 0.92%
1995 5.63%
1994 2.82%
1993 0.85%
1992 5.14%
1991 6.15%
1990 4.27%
1989 4.37%
1988 0.83%
1987 7.02%
1986 2.19%
1985 1.42%
1984 1.21%
1983 1.47%
1982 4.61%
1981 15.1%
1980 19.5%
1979 9.39%
1978 10.9%
1977 8.87%
1976 9.67%
1975 17.7%
1974 34.2%
1973 13.4%
1972 7.88%
1971 8.39%
1970 13.4%
1969 2.25%
1968 3.97%
1967 3.21%
1966 2.48%

Data sources: World Bank | Economy & Growth (1966–2025, retrieved 2026-07-08).

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

Over the past 20 years, Saint Lucia has had an average annual inflation rate of 1.99%. In 2025, inflation was 2.03%. The bar chart above shows consumer price inflation by year.

Balance of trade

Saint Lucia Rank
Current account balance
-$166M
2025
89/190
Current account balance, % of GDP
-6.26%
2025
144/190
Goods imports
$834M
2025
168/189
Goods exports
$144M
2025
171/189
Service imports
$672M
2025
156/189
Service exports
$1.4B
2025
121/189
Exports of goods and services, % of GDP
19%
2026
149/193

Saint Lucia top 10 trading partners

Saint Lucia's biggest trading partner accounting for 39.4% of all exports and imports is the United States, with a trade balance between the two of -$193M: Saint Lucia exports $18.9M worth of goods and services to the United States and imports $212M.

Below is the list of the top 10 trade partners of Saint Lucia.

Rank Country Trade value Share of total trade Export to Import from Top export to Top import from
1 United States $231M 39.4% $18.9M $212M Precious metals & jewellery Machinery & equipment
2 Trinidad $83.3M 14.2% $8.12M $75.1M Processed food, beverages & tobacco Raw materials & minerals
3 United Kingdom $40M 6.83% $6.05M $33.9M Raw agricultural goods Machinery & equipment
4 China $32M 5.46% $0 $32M Animal & marine products Machinery & equipment
5 Barbados $17.2M 2.94% $5.57M $11.7M Processed food, beverages & tobacco Processed food, beverages & tobacco
6 Japan $15.2M 2.59% $0 $15.2M Animal & marine products Machinery & equipment
7 France $14.6M 2.5% $3.38M $11.2M Processed food, beverages & tobacco Machinery & equipment
8 Canada $11.3M 1.93% $213K $11.1M Raw agricultural goods Animal & marine products
9 Guyana $9.29M 1.59% $4.66M $4.63M Chemicals & pharma Raw agricultural goods
10 Saint Vincent $8.34M 1.42% $3.29M $5.05M Machinery & equipment Raw agricultural goods

Top 10 exports

Saint Lucia Rank
Transport & tourism services $1.4B 110/191
Business & finance services $49M 146/189
Processed food, beverages & tobacco $20.1M 154/192
IT & IP services $11M 156/185
Machinery & equipment $10.2M 167/193
Raw agricultural goods $9.4M 155/193
Precious metals & jewellery $6.65M 138/190
Chemicals & pharma $5.46M 154/193
Raw materials & minerals $5.34M 172/193
Textiles & consumer goods $3.71M 160/193

Top 10 imports

Saint Lucia Rank
Business & finance services $319M 134/189
Transport & tourism services $237M 163/191
Machinery & equipment $129M 176/193
Raw materials & minerals $83.7M 172/193
Processed food, beverages & tobacco $80.2M 173/193
Chemicals & pharma $59.6M 174/193
Textiles & consumer goods $41.4M 175/193
Animal & marine products $39.7M 164/193
IT & IP services $29.7M 153/185
Raw agricultural goods $28.3M 179/193

Economic freedom indices

Saint Lucia Rank
Economic freedom 67.5 57/197
Property rights 64.3 60/182
Government integrity 59.7 49/182
Judicial effectiveness 77.3 36/182
Tax burden 77.7 102/182
Government spending 82.6 56/180
Fiscal health 80 78/181
Business freedom 71.9 59/182
Labor freedom 65.2 23/182
Monetary freedom 81 10/180
Trade freedom 60 149/181
Investment freedom 50 121/181
Financial freedom 40 123/181

Economic freedom by year

1x
Year Index
Economic freedom Judicial effectiveness Tax burden Government spending Fiscal health
2026 67.5 77.3 77.7 82.6 80
2025 67 74.6 78.6 82.5 74.3
2024 62.2 74.4 77.3 76.8 28.8
2023 60.7 58.9 77.8 73.4 3
2022 64.3 76.9 77.5 78.7 50.1
2021 67.5 66.3 76.9 83.2 86.2
2020 68.2 62.6 76.9 80.6 83.8
2019 68.7 63.8 76.2 79.3 81.3
2018 67.6 69.2 75.5 72.4 67.7
2017 65 68.8 76.4 71.6 53.8
2016 70 - 76.9 70.6 -
2015 70.2 - 77.7 65.8 -
2014 70.7 - 75.7 63.6 -
2013 70.4 - 76.9 63.6 -
2012 71.3 - 74.1 67.7 -
2011 70.8 - 74.4 71.4 -
2010 70.5 - 73.2 71.4 -
2009 68.8 - 74 68.5 -

Data sources: The Heritage Foundation | Economic Freedom Index (2009–2026, retrieved 2026-07-08).

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

Saint Lucia is ranked 51/174 for economic freedom with a score of 67.5, compared to 37/177 and a score of 68.8 in 2009.

Other economic metrics

Saint Lucia Rank
Services, % of GDP
73.8%
2025
12/191
Industry, % of GDP
10.7%
2025
182/194
Agriculture, forestry, and fishing, % of GDP
1.66%
2025
153/193
GNI, Atlas method
$2.42B
2025
174/194
GNI per capita, PPP
$26,180
2025
75/191
Total reserves including gold
$447M
2025
160/177
Net foreign direct investment
-$175M
2025
77/189
Net inflows of foreign direct investment
$187M
2024
138/193
Net outflows of foreign direct investment
-$350K
2024
167/193
Servicing debt to the IMF, % of GNI
3.35%
2024
73/121
Poverty at national poverty lines
25%
2016
72/176

Compare Saint Lucia vs other countries

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/saint-lucia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1966–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (2009–2026, 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 (2020–2024, 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.