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Economy of Saint Lucia vs Vietnam compared: GDP & Debt

Updated on by Georank

Saint Lucia has a GDP of $2.66B compared to $515B for Vietnam, ranking 173/197 and 33/197 by economy size, respectively.

Saint Lucia has $2.05B in government debt (77.1% of GDP), compared to $156B (30.3% of GDP) in Vietnam.

Saint Lucia vs Vietnam GDP by year

Saint Lucia
Vietnam
1x
Year GDP, current $
Saint Lucia Vietnam
2025 $2,656,444,444 $514,697,215,165
2024 $2,605,148,148 $476,324,572,784
2023 $2,441,259,259 $433,805,036,898
2022 $2,319,888,889 $413,445,230,669
2021 $1,871,111,111 $366,474,752,771
2020 $1,521,740,741 $346,615,738,538
2019 $2,090,074,074 $334,365,270,497
2018 $2,060,955,556 $310,106,478,395
2017 $1,998,503,704 $281,353,605,987
2016 $1,868,544,444 $257,096,001,178
2015 $1,807,640,741 $239,258,328,382
2014 $1,749,185,185 $233,451,469,643
2013 $1,660,392,593 $213,708,811,665
2012 $1,598,207,407 $195,590,661,129
2011 $1,568,370,370 $172,595,049,184
2010 $1,482,385,185 $147,201,173,197
2009 $1,401,507,889 $106,014,659,565
2008 $1,437,731,111 $99,130,304,099
2007 $1,336,088,815 $77,414,425,532
2006 $1,268,319,185 $66,371,664,817
2005 $1,135,555,556 $57,633,255,738
2004 $1,066,666,667 $45,427,854,693
2003 $987,407,407 $39,552,513,232
2002 $900,000,000 $35,064,105,501
2001 $892,592,593 $32,685,198,809
2000 $932,592,593 $31,172,518,403
1999 $921,851,852 $28,683,659,007
1998 $877,407,407 $27,209,602,050
1997 $805,925,926 $26,843,700,442
1996 $788,888,889 $24,657,470,575
1995 $762,962,963 $20,736,164,459
1994 $713,703,704 $16,286,433,533
1993 $684,814,815 $13,180,953,598
1992 $674,074,074 $9,866,990,236
1991 $613,703,704 $9,613,369,520
1990 $579,629,630 $6,471,740,806
1989 $486,666,667 $6,293,304,975
1988 $429,629,630 $25,423,812,649
1987 $375,555,556 $36,658,108,850
1986 $340,000,000 $26,336,616,250
1985 $284,444,444 $14,094,687,821
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/saint-lucia/vietnam | CC BY

GDP per capita in Saint Lucia vs Vietnam by year

Saint Lucia
GDP per capita

GDP per capita, PPP
Vietnam
GDP per capita

GDP per capita, PPP
1x
Year Current $
Saint Lucia Vietnam
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $14,746 - $5,066 -
2024 $14,494 $27,567 $4,717 $16,386
2023 $13,617 $25,975 $4,323 $15,034
2022 $12,976 $24,599 $4,148 $13,905
2021 $10,481 $19,101 $3,704 $12,049
2020 $8,537 $14,912 $3,534 $11,609
2019 $11,764 $18,710 $3,441 $11,029
2018 $11,643 $17,433 $3,222 $10,010
2017 $11,333 $16,131 $2,956 $9,170
2016 $10,638 $15,307 $2,735 $8,375
2015 $10,335 $14,353 $2,578 $7,672
2014 $10,045 $14,403 $2,546 $7,297
2013 $9,577 $14,010 $2,360 $6,758
2012 $9,260 $13,443 $2,185 $6,377
2011 $9,129 $13,471 $1,951 $5,786
2010 $8,674 $12,718 $1,683 $5,389
2009 $8,251 $12,600 $1,226 $5,061
2008 $8,517 $12,969 $1,164 $4,844
2007 $7,964 $12,199 $926 $4,581
2006 $7,611 $11,758 $808 $4,237
2005 $6,863 $10,818 $711 $3,894
2004 $6,495 $10,610 $565 $3,543
2003 $6,059 $9,707 $497 $3,240
2002 $5,568 $9,205 $445 $3,002
2001 $5,570 $9,106 $419 $2,809
2000 $5,880 $9,314 $404 $2,614
1999 $5,883 $9,214 $376 $2,421
1998 $5,673 $8,965 $361 $2,308
1997 $5,282 $8,456 $362 $2,189
1996 $5,244 $8,490 $337 $2,019
1995 $5,148 $8,222 $287.8 $1,841
1994 $4,892 $8,041 $229.9 $1,674
1993 $4,765 $7,865 $189.4 $1,534
1992 $4,760 $7,753 $144.5 $1,413
1991 $4,399 $7,127 $143.7 $1,298
1990 $4,205 $6,951 $98.8 $1,210
1989 $3,565 - $98.1 -
1988 $3,182 - $405 -
1987 $2,819 - $595 -
1986 $2,591 - $436 -
1985 $2,202 - $238.6 -
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/vietnam | CC BY

Saint Lucia's GDP per capita is $14,746, ranking 72/197, compared to $5,066 in Vietnam, ranking 122/197. Adjusted for purchasing power (GDP per capita PPP), Saint Lucia ranks 75th at $27,567, while Vietnam ranks 108th at $16,386.

Economic indicators

Saint Lucia Vietnam
Gross domestic product
$2.66B
2025
$515B
2025
GDP rank
173/197
2025
33/197
2025
GDP growth
-0.57%
2024-2025
8.02%
2024-2025
GDP per capita
$14,746
2025
$5,066
2025
GDP per capita rank
72/197
2025
122/197
2025
GDP per capita, PPP
$27,567
2024
$16,386
2024
GDP per capita PPP rank
75/197
2024
108/197
2024
Government debt
$2.05B
2025
$156B
2025
Debt-to-GDP ratio
77.1%
2025
30.3%
2025
Government debt per person
$11,365
2025
$1,537
2025
Government debt per person rank
53/185
2025
130/185
2025
Average annual personal income after taxes
$12,464
2026
$5,133
2026
Market capitalization of domestic companies n/a
$316B
2025
Number of billionaires n/a
5
2026
Income share by richest 10%
34.1%
2015
28.1%
2022
Income share by poorest 10%
2.1%
2015
2.6%
2022
Government expenditure, % of GDP
25.2%
2025
22.1%
2025
Consumer prices inflation
2.03%
2024-2025
3.3%
2024-2025
Central bank interest rate n/a
4.5%
2023
Unemployment rate
7.66%
2025
1.53%
2024
Population
180676
102486146

Spending and national debt comparison by year

Saint Lucia
Spending

Debt
Vietnam
Spending

Debt
1x
Year % of GDP
Saint Lucia Vietnam
Government spending Government debt Government spending Government debt
2025 25.2% 77.1% 22.1% 30.3%
2024 24.4% 76.7% 19.1% 31.2%
2023 25.3% 75.2% 18.8% 34.3%
2022 23.8% 73.9% 18.2% 34.9%
2021 26.7% 81.9% 20.1% 39.2%
2020 33.1% 94.4% 21.3% 41.3%
2019 24.6% 62.1% 19.8% 41%
2018 23.2% 60.3% 20.5% 43.8%
2017 23% 59.9% 21.5% 46.6%
2016 22.6% 60.2% 22.2% 47.9%
2015 22.1% 60.6% 24.2% 46.1%
2014 22.6% 61.9% 22.8% 43.6%
2013 24.3% 61.2% 24.5% 41.4%
2012 27.1% 60.2% 23.5% 38.3%
2011 26.9% 54.9% 21.2% 36.2%
2010 25.6% 52.2% 23.7% 37.3%
2009 24.2% 50.2% 25% 36.2%
2008 22.3% 46.9% 21.4% 31%
2007 22.2% 48.2% 22.3% 32.2%
2006 24.4% 48% 20.5% 30.2%
2005 25.3% 50.4% 20.6% 28.7%
2004 22.5% 48.8% 19.4% 29.4%
2003 22.5% 44.7% 22.2% 29.8%
2002 23% 47.7% 19.7% 27.7%
2001 22% 38% 19.2% 25.4%
2000 20.9% 32.8% 17.8% 24.8%
1999 20.9% 28.8% 16.7% -
1998 18.6% 29.1% 16% -
1997 19% 26.6% - -
1996 18.8% 23.9% - -
1995 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/saint-lucia/vietnam | CC BY

In 2025, Saint Lucia's government spending was $671M, accounting for 25.2% of its GDP, while Vietnam spent $114B, or 22.1% of GDP.

Debt-to-GDP ratio is 77.1% in Saint Lucia and 30.3% in Vietnam, ranking 48/185 and 153/185, respectively.

Government deficit by year

Deficit/surplus
Saint Lucia

Vietnam
1x
Year Deficit/surplus, % of GDP
Saint Lucia Vietnam
2025 -2.88% -2.2%
2024 -1.81% -1.54%
2023 -3.18% -1.72%
2022 -2.48% 0.67%
2021 -5.35% -1.43%
2020 -11.5% -2.86%
2019 -2.95% -0.4%
2018 -1.22% -1.02%
2017 -2.09% -1.96%
2016 -1.53% -3.16%
2015 -1.18% -4.98%
2014 -2.29% -5.02%
2013 -3.98% -5.96%
2012 -6.93% -5.46%
2011 -5.35% -0.9%
2010 -4.11% -2.25%
2009 -2.63% -4.82%
2008 -0.72% -0.45%
2007 -1.59% -1.74%
2006 -5.01% 0.2%
2005 -6% -0.95%
2004 -2.58% -0.15%
2003 -3.17% -2.56%
2002 -3.03% -1.85%
2001 -3.07% -2.19%
2000 -1.17% -1.61%
1999 1.61% -1.25%
1998 2.22% -0.1%
1997 -1.1% -
1996 -0.57% -
1995 -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/saint-lucia/vietnam | CC BY

In 2025, Saint Lucia's government deficit, the difference between spending and revenue, was $76.5M, equivalent to 2.88% of GDP. This compares to Vietnam's deficit of $11.3B, or 2.2% of GDP.

Over the past 28 years, Saint Lucia recorded a fiscal deficit in 26 of those years, while Vietnam ran a deficit in 26 years. On average, Saint Lucia posted an annual deficit equal to 3% of GDP, compared to deficit of 2.06% of GDP for Vietnam.

Inflation comparison by year

Inflation
Saint Lucia

Vietnam
1x
Year Consumer prices inflation
Saint Lucia Vietnam
2025 2.03% 3.3%
2024 -0.67% 3.6%
2023 3.82% 3.3%
2022 9.65% 3.2%
2021 2.41% 1.8%
2020 -1.76% 3.2%
2019 0.54% 2.8%
2018 1.94% 3.5%
2017 0.1% 3.5%
2016 -3.08% 2.7%
2015 -0.98% 0.6%
2014 3.52% 4.1%
2013 1.47% 6.6%
2012 4.18% 9.1%
2011 2.77% 18.7%
2010 3.25% 10.5%
2009 -0.16% 6.7%
2008 5.55% 23.1%
2007 2.82% 8.3%
2006 2.4% 7.5%
2005 3.9% 8.4%
2004 1.46% 7.9%
2003 1.03% 3.3%
2002 -0.26% 4.1%
2001 5.31% -0.3%
2000 3.71% -1.8%
1999 3.5% 4.1%
1998 3.2% 7.2%
1997 -0.006% 3.1%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Saint Lucia has recorded an average annual inflation rate of 2.13%, compared with 5.59% in Vietnam. In 2025, inflation was 2.03% in Saint Lucia and 3.3% in Vietnam.

Top exports between countries

Saint Lucia
Export category Export value
Wood & paper products $6K
Vietnam
Export category Export value

Balance of trade

Saint Lucia Vietnam
Current account balance
-$166M
2025
$30.2B
2024
Current account balance ranking
89/190
2025
18/190
2024
Current account balance, % of GDP
-6.26%
2025
+6.33%
2024
Goods imports
$834M
2025
$363B
2024
Goods exports
$144M
2025
$407B
2024
Service imports
$672M
2025
$35.6B
2024
Service exports
$1.4B
2025
$25B
2024
Imports of goods and services, % of GDP n/a
92.1%
2025
Exports of goods and services, % of GDP
19%
2026
98.2%
2025

Economic freedom indices

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

Saint Lucia Vietnam
Economic freedom 67.5 64.4
Economic freedom ranking 57/197 73/197
Property rights 64.3 47.3
Government integrity 59.7 39.2
Judicial effectiveness 77.3 31.3
Tax burden 77.7 80.9
Government spending 82.6 89.5
Fiscal health 80 96.9
Business freedom 71.9 70
Labor freedom 65.2 54.7
Monetary freedom 81 73.2
Trade freedom 60 79.8
Investment freedom 50 60
Financial freedom 40 50

Economic freedom comparison by year

Saint Lucia
Vietnam
1x
Year Economic freedom index
Saint Lucia Vietnam
2026 67.5 64.4
2025 67 65.2
2024 62.2 62.8
2023 60.7 61.8
2022 64.3 60.6
2021 67.5 61.7
2020 68.2 58.8
2019 68.7 55.3
2018 67.6 53.1
2017 65 52.4
2016 70 54
2015 70.2 51.7
2014 70.7 50.8
2013 70.4 51
2012 71.3 51.3
2011 70.8 51.6
2010 70.5 49.8
2009 68.8 51
2008 - 50.4
2007 - 49.8
2006 - 50.5
2005 - 48.1
2004 - 46.1
2003 - 46.2
2002 - 45.6
2001 - 44.3
2000 - 43.7
1999 - 42.7
1998 - 40.4
1997 - 38.6
1996 - 40.2
1995 - 41.7

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

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

The Economic Freedom Index for Saint Lucia is 67.5, ranking 57/197, compared to 64.4 for Vietnam, ranking 73/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Saint Lucia Vietnam
Services, % of GDP
73.8%
2025
42.7%
2025
Industry, % of GDP
10.7%
2025
37.6%
2025
Agriculture, forestry, and fishing, % of GDP
1.66%
2025
11.6%
2025
GNI, Atlas method
$2.42B
2025
$505B
2025
GNI per capita, PPP
$26,180
2025
$17,580
2025
Total reserves including gold
$447M
2025
$85.6B
2025
Total reserves ranking
160/177
2025
33/177
2025
Net foreign direct investment
-$175M
2025
-$19.6B
2024
Net inflows of foreign direct investment
$187M
2024
$20.2B
2024
Net outflows of foreign direct investment
-$350K
2024
$600M
2024
Servicing debt to the IMF, % of GNI
3.35%
2024
7.29%
2024
Poverty at national poverty lines
25%
2016
4.2%
2022
Gross capital formation, % of GDP n/a
30.8%
2025

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/vietnam | CC BY

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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. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)
  8. TradeMap (2020, 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.