Saint Lucia GDP Data & Country Report

Saint Lucia Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Saint Lucia; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION

Central bank

N/A

International Reserves

US$ 206.256 million (Source: World Bank; Data updated: November 2010)

Gross Domestic Product - GDP

US$ 1.04 billion (2009 estimate)

GDP (Purchasing Power Parity)

1.895 billion of International dollars (2009 estimate)

Real GDP growth

2000	2001	2002	2003	2004	2005	2006	2007
0%	-4.1%	0.6%	3.5%	3.8%	4.4%	4.8%	1.5%
2008	2009	2010	2011*
0.7%	-3.6%	0.8%	4.2%

*Estimate

GDP per capita - current prices

US$ 5,932 (2007 estimate)

GDP per capita - PPP

$10,807 International Dollars (2007 estimate)

GDP (PPP) - share of world total

1980	1990	2000	2010	2015**
0%	0%	0%	0%	0%

**Forecast

GDP - composition by sector

agriculture: 4.1%
industry: 18.4%
services: 77.5% (2011 estimate)

(Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP)

N/A

(Data released on November 2010)

Inflation

2008	2009	2010	2011*
7.2%(2008)	1%	1.8%	3.2%

*Estimate

Unemployment rate

2008	2009	2010	2011*
N/A	N/A	N/A(2009)	N/A

*Estimate

Household saving rates

N/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)

2007	2008	2009	2010	2011*
66.5%	66.2%	73.9%	77.2%	79.6%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)

2007	2008	2009	2010*	2011**
-0.8%	-1.1%	-6.1%	-7.2%	-5.7%

*Estimate **Forecast

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares

2007	2008	2009
N/A	N/A	N/A

Largest companies in Saint Lucia

N/A

DATA ON TRADE AND COMPETITIVENESS

Current account balance

US$ -0.3 billion (2009 estimate)(After 2008)

Current account balance by percentage of GDP

-29.1% of GDP (2009 estimate)(2009)

Exports as percent of GDP

(Exports of goods and services)

52.1% (2008)

(Data released on December 2010)

Shares in world total merchandising export

0%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export

0.01%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exports

N/A

Export commodities

bananas 41%, clothing, cocoa, vegetables, fruits, coconut oil

Total imports

US$791 million (2006)

Import commodities

food 23%, manufactured goods 21%, machinery and transportation equipment 19%, chemicals, fuels

Exports - major partners

US 24.5%, France 23.2%, UK 19.3%, Antigua and Barbuda 5%, Dominica 4.9%, Barbados 4.4%, Trinidad and Tobago 4.1% (2007)

Imports - major partners

Brazil 63.6%, US 10.2%, Trinidad and Tobago 8.2% (2007)

FDI inflows

2008	2009	2010
US$161 million	US$146 million(2009)	US$99 million(2009)

FDI outflows

2008	2009	2010
N/A	N/A	N/A

Value of cross-border M&A, by country of purchaser

2008	2009	2010	2011
N/A	N/A(2009)	N/A(2009)	N/A

Cross-border M&A deals worth over $3 billion completed in 2008

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 53 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 41 out of 183 countries(2009)

Registering property: 77 out of 183 countries

Paying Taxes: 45 out of 183 countries

Getting credit: 89 out of 183 countries

Protecting investors: 28 out of 183 countries

Trading across border: 105 out of 183 countries

Enforcing Contracts: 165 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)

N/A

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 26 Score: 70.8 (Mostly Free) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW

Time zone

UTC-4

Total area

539 km² (2006)

Capital

Castries (2009)

Currency

East Caribbean dollars (XCD) (2009)

Government type

parliamentary democracy and a Commonwealth realm (2009)

Languages

English (official), French patois

Religions

Roman Catholic 67.5%, Seventh Day Adventist 8.5%, Pentecostal 5.7%, Rastafarian 2.1%, Anglican 2%, Evangelical 2%, other Christian 5.1%, other 1.1%, unspecified 1.5%, none 4.5% (2001 census)

Total population

1980	1990	2000	2010*	2015**
0.12 million	0.13 million	0.16 million	0.17 million	0.18 million

*Estimate **Forecast

Urban population as % of total population

1960	1980	2000	2009
21.5%	26.5%	28%	27.9%

Population median age

26.0 years (2006)

Population growth rate

1.1% (2009)

Life expectancy

74 years (2007)

Adult literacy

N/A

% of population living on less than $2 a day

40.60% (2011)

Inequality of wealth distribution (Gini index)

N/A

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:1
Civil Liberties:1 (2010)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

126.47% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

N/A

Cost of living index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

CO2 emissions
(Metric tons of CO2 per capita)

2.3238 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST INTERNET BANKS

2011:

COUNTRY WINNERS / Best Consumer Internet Banks Scotiabank (National, 2011)
COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Scotiabank (National, 2011)

2010:

COUNTRY WINNERS / Best Consumer Internet Banks Scotiabank (National, 2010)

ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE

Saint Lucia GDP Data & Country Report | Global Finance

WORLD'S BEST INTERNET BANKS

2011:

2010: