Current account balance as a proportion of GDP (%) in Saint Lucia
Saint Lucia: Current account balance as a proportion of GDP (%) was -2.5% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Saint Lucia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, current account balance as a proportion of gdp in Saint Lucia stood at -2.5%.
That represents a change of down 60.6% on the previous year and down 3.6% over ten years.
Over the whole period, current account balance as a proportion of gdp in Saint Lucia peaked at 3.3% in 2019 and was at its lowest, -29.3%, in 2006.
Saint Lucia ranks 124th of 205 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP (%) in Saint Lucia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -17.8% | — |
| 2001 | -18.8% | +5.6% |
| 2002 | -17.6% | -6.4% |
| 2003 | -20.9% | +18.8% |
| 2004 | -14.9% | -28.9% |
| 2005 | -15.5% | +4.3% |
| 2006 | -29.3% | +89.1% |
| 2007 | -18.4% | -37.3% |
| 2008 | -24.2% | +31.9% |
| 2009 | -8.5% | -65.1% |
| 2010 | -12.7% | +49.6% |
| 2011 | -14.3% | +12.9% |
| 2012 | -10.0% | -29.9% |
| 2013 | -6.5% | -34.9% |
| 2014 | -2.4% | -62.8% |
| 2015 | -0.5% | -80.4% |
| 2016 | -6.3% | +1228.1% |
| 2017 | -1.9% | -69.9% |
| 2018 | 1.5% | -177.2% |
| 2019 | 3.3% | +125.9% |
| 2020 | -18.9% | -669.5% |
| 2021 | -11.3% | -40.4% |
| 2022 | -3.6% | -68.5% |
| 2023 | -1.6% | -56.0% |
| 2024 | -2.5% | +60.6% |
Saint Lucia compared with similar countries
- Saint Lucia's -2.5% is below the median for upper middle income countries, which is -2.1%, 1.2× the median. (53 countries reporting)
- Saint Lucia's -2.5% is below the median for Latin America & Caribbean, which is -1.6%, 1.6× the median. (35 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) 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 |
|---|---|---|---|
| 2016 | -1228.1% | -0.5% | -6.3% |
| 2020 | -669.5% | 3.3% | -18.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -18.6% | -29.3% | -8.5% | 10 |
| 2010s | -5.0% | -14.3% | 3.3% | 10 |
| 2020s | -7.6% | -18.9% | -1.6% | 5 |
Countries ranked near Saint Lucia
- 121 United Kingdom of Great Britain and Northern Ireland -2.2% compare
- 121 United Kingdom -2.2% compare
- 123 Albania -2.4% compare
- 125 Ethiopia -2.5% compare
- 126 Belarus -2.6% compare
- 127 Bolivia (Plurinational State of) -2.6% compare
More economy & growth data for Saint Lucia
- Real gdp growth, annual growth rate 43.32 % change on previous year (2024)
- 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)
Frequently asked questions
- What is current account balance as a proportion of gdp in Saint Lucia?
- Current account balance as a proportion of gdp in Saint Lucia was -2.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Saint Lucia?
- The highest recorded value was 3.3% in 2019.
- What is the lowest current account balance as a proportion of gdp recorded in Saint Lucia?
- The lowest recorded value was -29.3% in 2006.
- How does Saint Lucia rank for current account balance as a proportion of gdp?
- Saint Lucia ranks 124th out of 205 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Saint Lucia?
- Over the last ten years it is down 3.6%. The long-run trend across the full record is volatile.
- Where does this Saint Lucia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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