Current account balance as a share of GDP in Saint Lucia
Saint Lucia: Current account balance as a share of GDP was -2.5% in 2024. ◆ Volatile
Current account balance as a share of GDP in Saint Lucia, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
In 2024, current account balance as a share of gdp in Saint Lucia stood at -2.5%.
Compared with earlier readings it is down 60.5% on the previous year and down 3.7% over ten years.
Over the whole period, current account balance as a share of gdp in Saint Lucia peaked at 3.3% in 2019 and was at its lowest, -29.3%, in 2006.
That places Saint Lucia 117th out of 193 countries with data for 2024, putting it 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 share 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% | -29.0% |
| 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% | -30.0% |
| 2013 | -6.5% | -34.8% |
| 2014 | -2.4% | -62.8% |
| 2015 | -0.5% | -80.2% |
| 2016 | -6.3% | +1220.8% |
| 2017 | -1.9% | -69.9% |
| 2018 | 1.5% | -177.0% |
| 2019 | 3.3% | +126.5% |
| 2020 | -18.9% | -668.8% |
| 2021 | -11.3% | -40.3% |
| 2022 | -3.6% | -68.5% |
| 2023 | -1.6% | -55.9% |
| 2024 | -2.5% | +60.5% |
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
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)
- Services, value added (current US$), annual growth rate 0.6044 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.7381 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 10,885 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 0.6043 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 1.99 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 29,388 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate -0.6867 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5886 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Saint Lucia?
- Current account balance as a share of gdp in Saint Lucia was -2.5% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Saint Lucia?
- The highest recorded value was 3.3% in 2019.
- What is the lowest current account balance as a share 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 share of gdp?
- Saint Lucia ranks 117th out of 193 countries with data for 2024.
- Is current account balance as a share of gdp rising or falling in Saint Lucia?
- Over the last ten years it is down 3.7%. The long-run trend across the full record is volatile.
- Where does this Saint Lucia data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).