Balanced trade in services in Saint Lucia
Saint Lucia: Balanced trade in services was 0.6307 US dollars, exchange rate converted in 2024. ▲ Rising
Balanced trade in services in Saint Lucia, 2005–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.
Analysis
In 2024, balanced trade in services in Saint Lucia stood at 0.6307 US dollars, exchange rate converted. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 10.5% on the previous year and up 68.3% over ten years.
Over the whole period, balanced trade in services in Saint Lucia peaked at 0.6307 US dollars, exchange rate converted in 2024 and was at its lowest, 0.2397 US dollars, exchange rate converted, in 2020.
That places Saint Lucia 143rd out of 174 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Balanced trade in services in Saint Lucia, year by year
| Year | US dollars, exchange rate converted | Change |
|---|---|---|
| 2005 | 0.2699 US dollars, exchange rate converted | — |
| 2006 | 0.2794 US dollars, exchange rate converted | +3.5% |
| 2007 | 0.3717 US dollars, exchange rate converted | +33.1% |
| 2008 | 0.3579 US dollars, exchange rate converted | -3.7% |
| 2009 | 0.3171 US dollars, exchange rate converted | -11.4% |
| 2010 | 0.3448 US dollars, exchange rate converted | +8.7% |
| 2011 | 0.3511 US dollars, exchange rate converted | +1.8% |
| 2012 | 0.3474 US dollars, exchange rate converted | -1.0% |
| 2013 | 0.3384 US dollars, exchange rate converted | -2.6% |
| 2014 | 0.3747 US dollars, exchange rate converted | +10.7% |
| 2015 | 0.4311 US dollars, exchange rate converted | +15.1% |
| 2016 | 0.415 US dollars, exchange rate converted | -3.7% |
| 2017 | 0.4584 US dollars, exchange rate converted | +10.5% |
| 2018 | 0.4938 US dollars, exchange rate converted | +7.7% |
| 2019 | 0.5384 US dollars, exchange rate converted | +9.0% |
| 2020 | 0.2397 US dollars, exchange rate converted | -55.5% |
| 2021 | 0.3454 US dollars, exchange rate converted | +44.1% |
| 2022 | 0.4958 US dollars, exchange rate converted | +43.5% |
| 2023 | 0.5708 US dollars, exchange rate converted | +15.1% |
| 2024 | 0.6307 US dollars, exchange rate converted | +10.5% |
Saint Lucia compared with similar countries
- Saint Lucia's 0.6307 US dollars, exchange rate converted is below the median for upper middle income countries, which is 2.12 US dollars, exchange rate converted, 30% of the median. (50 countries reporting)
- Saint Lucia's 0.6307 US dollars, exchange rate converted is below the median for Latin America & Caribbean, which is 3.38 US dollars, exchange rate converted, 19% of the median. (35 countries reporting)
Biggest year-on-year movements
Years where Balanced trade in services in Saint Lucia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -55.5% | 0.5384 US dollars, exchange rate converted | 0.2397 US dollars, exchange rate converted |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3192 US dollars, exchange rate converted | 0.2699 US dollars, exchange rate converted | 0.3717 US dollars, exchange rate converted | 5 |
| 2010s | 0.4093 US dollars, exchange rate converted | 0.3384 US dollars, exchange rate converted | 0.5384 US dollars, exchange rate converted | 10 |
| 2020s | 0.4565 US dollars, exchange rate converted | 0.2397 US dollars, exchange rate converted | 0.6307 US dollars, exchange rate converted | 5 |
Countries ranked near Saint Lucia
- 140 Botswana 0.6689 US dollars, exchange rate converted compare
- 141 Iceland 0.6539 US dollars, exchange rate converted compare
- 142 Benin 0.644 US dollars, exchange rate converted compare
- 144 New Caledonia 0.5978 US dollars, exchange rate converted compare
- 145 Tajikistan 0.5918 US dollars, exchange rate converted compare
- 146 Yemen 0.5429 US dollars, exchange rate converted compare
More economy & growth data for Saint Lucia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -6.65 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0103 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 152.27 units per person (2025)
- SDRs holdings, SDR, annual growth rate -11.1 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0075 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 111.18 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0102 units per US$ of GDP (2025)
Frequently asked questions
- What is balanced trade in services in Saint Lucia?
- Balanced trade in services in Saint Lucia was 0.6307 US dollars, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest balanced trade in services recorded in Saint Lucia?
- The highest recorded value was 0.6307 US dollars, exchange rate converted in 2024.
- What is the lowest balanced trade in services recorded in Saint Lucia?
- The lowest recorded value was 0.2397 US dollars, exchange rate converted in 2020.
- How does Saint Lucia rank for balanced trade in services?
- Saint Lucia ranks 143rd out of 174 countries with data for 2024.
- Is balanced trade in services rising or falling in Saint Lucia?
- Over the last ten years it is up 68.3%. The long-run trend across the full record is rising.
- Where does this Saint Lucia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Balanced trade in services (BaTIS). Statizoid updates them automatically from the source API.
Download this data
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About this data
The OECD-WTO Balanced Trade in Services (BaTIS) dataset is a complete, consistent, and balanced matrix of international trade in services statistics (ITSS). It contains annual bilateral data covering 202 reporters and partners, broken down by total services and 26 EBOPS 2010 (BPM6) categories from 2005 to 2024. BaTIS is the result of joint efforts by the OECD and WTO. Two main features enable BaTIS to stand out as the international benchmark for any analysis on international trade in services: BaTIS is complete and consistent. At present, only around 65% of world trade in services is bilaterally specified, and the percentage is even lower for the individual service categories. The OECD-WTO methodology leverages all available official statistics and combines them with estimations and adjustments to provide users with a complete matrix covering virtually all economies in the world. BaTIS is balanced. To resolve the asymmetries between reported and mirror flows, exports and imports are reconciled by calculating a symmetry-index weighted average between the two, following a similar approach to that developed for international merchandise trade statistics. Batis provides three measures for each trade flow (under the ‘adjustment’ dimension): Reported. Reflects the value officially reported by the country (where available), some values are rescaled to fit world totals. Adjusted and/or imputed. Reflects, in addition to the reported values, any adjustments made to ensure internal consistency as well as the estimations made by the OECD-WTO to fill in the gaps in the reported information. Balanced. Reflects the reconciled bilateral trade flow, where exports equal mirror imports. Official information on bilateral trade flows was collected from OECD, Eurostat, national sources as well as UNSD. The WTO-UNCTAD trade in services dataset, based on a number of primary sources complemented with estimations, was the main source for data with partner world. The BaTIS dataset can be used as a stand-alone input for economic analysis and policy-making. In addition, balanced trade in services data form an essential input to the OECD Trade in Value Added (TiVA) initiative, for which a balanced view of international trade is crucial. BaTIS is intended to be regularly updated and constantly improved as new data become available. For more information on the methodology, please refer to the technical paper accompanying this dataset The OECD-WTO Balanced Trade in Services (BaTIS) For more information on balanced trade statistics, please go to the topic related OECD page Balanced trade statistics Users are encouraged to send their questions, or to signal any apparent errors, regarding this database to STAT.Contact@oecd.org https://www.oecd.org/en/about/directorates/statistics-and-data-directorate.html