The World's Best Sub-Custodians

ANNUAL SURVEY: THE WORLD'S BEST SUB-CUSTODIANS Sub-Custodians Feeling The Heat Global investing in turbulent times puts the spotlight on local safekeepers. By Gordon Platt As they seek to reassure investors that their assets in foreign markets are in safe hands ...

 
 
Source
Central bank

N/A

International Reserves

US$ 192 million (Source: World Bank; Data updated: 2013)

Gross Domestic Product - GDP

US$ 1 billion (2014 estimate)

GDP (Purchasing Power Parity)

2 billion of International dollars (2014 estimate)

Real GDP growth
2003 2004 2005 2006 2007 2008 2009 2010
3.5% 3.8%

-0.4%

7.2% 1.4% 4.7% -0.1% -0.7%
2011 2012 2013 2014*        
1.4% -1.3% -1.5% 0.3%        

*Estimate

GDP per capita - current prices

US$ 7,867 (2014 estimate)

GDP per capita - PPP

$12,887 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
0% 0% 0% 0% 0%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 3.1% 
  • industry: 17.4% 
  • services: 79.5% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2011 2012 2013 2014*
2.8% 4.2% 1.5% 1.1%

*Estimate

Unemployment rate
2011 2012 2013 2014*
N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
62.9% 66.2% 71.7% 79.8% 83.7%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
-4.9% -6.4% -9.2% -6.8% -6.4%

*Estimate  

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 Sept 2014)

Market value of publicly traded shares
2009 2010 2011
N/A N/A N/A
Largest companies in Saint Lucia

N/A

 
 
Source
Current account balance

US$ -152 million (2014 estimate)

Current account balance by percentage of GDP

-11.381% of GDP (2014 estimate)

Exports as percent of GDP(Exports of goods and services)

44.7% (2012)

(Data released on October 2014)

Shares in world total merchandising export

0% (2012)

(Data were released in March 2014)

Shares in world total commercial services export

0.01% (2012)

(Data were released in March 2014)

Total exports

US$206.8 million (2008 estimate) 

Export commodities

bananas 41%, clothing, cocoa, avacados, mangoes, coconut oil

Total imports

US$593 million (2013 estimate) 

 
 
Source
Import commodities

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

Exports - major partners

US 13.9%, UK 10.3%, Peru 9.7%, Antigua and Barbuda 9.3%, Dominica 9.1%, France 9%, Barbados 8.1%, Trinidad and Tobago 7.6%, Grenada 6.2% (2012)

Imports - major partners

Brazil 57.4%, US 19%, Trinidad and Tobago 9% (2012)

FDI inflows
2011 2012 2013
US$100 million US$80 million US$88 million
FDI outflows
2011 2012 2013  
US$4 million US$4 million US$4 million  
Value of cross-border M&A; by country of purchaser
2010 2011 2012 2013
N/A N/A N/A N/A
Cross-border M&A; deals worth over $3 billion completed in 2012 (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 2013 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(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 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 64 out of 189 countries (2013)

Subcategories:

Starting a business: 57 out of 189 countries

Enforcing Contracts: 170 out of 189 countries

Registering Property: 129 out of 189 countries

Getting credit: 130 out of 189 countries

Protecting investors: 34 out of 189 countries

Trading across border: 104 out of 189 countries

Paying Taxes: 45 out of 189 countries

Dealing with Construction Permits: 11 out of 189 countries

Getting Electricity: 31 out of 189 countries

Resolving Insolvency: 56 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

N/A

 

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 33  Score: 70.7 (Mostly Free) 

(100=totally free 0=totally repressed )

 
 
Source
Time zone

UTC-4

Total area

616 sq km

Capital

Castries

Currency

East Caribbean dollars (XCD)

Government type

parliamentary democracy and a Commonwealth realm

Languages

English (official), French patois

Religions

Roman Catholic 61.5%, Protestant 25.5% (includes Seventh Day Adventist 10.4%, Pentecostal 8.9%, Baptist 2.2%, Anglican 1.6%, Church of God 1.5%, other Protestant .9%), other Christian 3.4% (includes Evangelical 2.3% and Jehovah's Witness 1.1%), Rastafarian 1.9%, other 0.4%, none 5.9%, unspecified 1.4% (2010 est.)

Total population
1990 2000 2010 2014* 2019**
0.134 million 0.156 million 0.166 million 0.17 million 0.175 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
21.5% 27% 28% 18%
Population median age

32.9 years (2014 est.)

Population growth rate

0.35% (2014 est.)

Life expectancy

77.41 years (2014 estimate)

Adult literacy

90.1% (2001 estimate)

% of population living on less than $2 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

Freedom House rating

Political Rights: 1
Civil Liberties: 1 (2014)

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

Total telephone subscribers as % of population

Fixed 18.4%   Mobile 116.3%
(2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

35.20% (2013)

Cost of living - Mercer 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)

2.3 (2010)

World's Best Subcustodian Banks