GDP Growth Rate
Year -
3.19%
In 2023, St. Lucia experienced a significant a decrease in its GDP growth rate, which fall to 3.19% from 18.08% in 2022. Additionally, the GDP per capita growth rate in St. Lucia decrease to 2.96% in 2023, compared to 17.94% in 2022.
In 2023, St. Lucia experienced a decrease in economic performance, with the GDP growth rate falling by 14.89%. Additionally, the GDP per capita growth rate decrease by 14.98%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | - | - | - | - |
| 1962 | - | - | - | - |
| 1963 | - | - | - | - |
| 1964 | - | - | - | - |
| 1965 | - | - | - | - |
| 1966 | - | - | - | - |
| 1967 | - | - | - | - |
| 1968 | - | - | - | - |
| 1969 | - | - | - | - |
| 1970 | - | - | - | - |
| 1971 | - | - | - | - |
| 1972 | - | - | - | - |
| 1973 | - | - | - | - |
| 1974 | - | - | - | - |
| 1975 | - | - | - | - |
| 1976 | - | - | - | - |
| 1977 | - | - | - | - |
| 1978 | 10.31 | - | 8.42 | - |
| 1979 | 3.79% | -6.52% | 2% | -6.42% |
| 1980 | -2.22% | -6.01% | -3.96% | -5.96% |
| 1981 | 6.31% | 8.53% | 4.36% | 8.32% |
| 1982 | 2.09% | -4.22% | 0.24% | -4.12% |
| 1983 | 4.97% | 2.88% | 3.13% | 2.89% |
| 1984 | 7.27% | 2.30% | 5.47% | 2.34% |
| 1985 | 8.29% | 1.02% | 6.55% | 1.08% |
| 1986 | 14.4% | 6.11% | 12.65% | 6.10% |
| 1987 | 3.92% | -10.48% | 2.43% | -10.22% |
| 1988 | 13.9% | 9.98% | 12.36% | 9.93% |
| 1989 | 8.98% | -4.92% | 7.59% | -4.77% |
| 1990 | 9.89% | 0.91% | 8.47% | 0.88% |
| 1991 | 0.38% | -9.51% | -0.99% | -9.46% |
| 1992 | 7.95% | 7.57% | 6.37% | 7.36% |
| 1993 | 0.58% | -7.37% | -0.89% | -7.26% |
| 1994 | 1.6% | 1.02% | 0.27% | 1.16% |
| 1995 | 1.75% | 0.15% | 0.55% | 0.28% |
| 1996 | 2.92% | 1.17% | 1.84% | 1.29% |
| 1997 | -0.69% | -3.61% | -1.64% | -3.48% |
| 1998 | 6.29% | 6.98% | 5.34% | 6.98% |
| 1999 | 2.67% | -3.62% | 1.76% | -3.58% |
| 2000 | 0.05% | -2.62% | -0.73% | -2.49% |
| 2001 | -3.41% | -3.46% | -4.07% | -3.34% |
| 2002 | 0.42% | 3.83% | -0.33% | 3.74% |
| 2003 | 4.26% | 3.84% | 3.47% | 3.80% |
| 2004 | 7.27% | 3.01% | 6.49% | 3.02% |
| 2005 | -0.41% | -7.68% | -1.1% | -7.59% |
| 2006 | 6.2% | 6.61% | 5.5% | 6.60% |
| 2007 | 1.69% | -4.51% | 1.06% | -4.44% |
| 2008 | 4.95% | 3.26% | 4.29% | 3.23% |
| 2009 | -2.83% | -7.78% | -3.47% | -7.76% |
| 2010 | 0.33% | 3.16% | -0.4% | 3.07% |
| 2011 | 4.33% | 4.00% | 3.59% | 3.99% |
| 2012 | -0.11% | -4.44% | -0.67% | -4.26% |
| 2013 | -2.01% | -1.90% | -2.49% | -1.82% |
| 2014 | 1.52% | 3.53% | 1.04% | 3.53% |
| 2015 | 0.1% | -1.42% | -0.36% | -1.40% |
| 2016 | 3.43% | 3.33% | 2.96% | 3.32% |
| 2017 | 3.38% | -0.05% | 2.94% | -0.02% |
| 2018 | 2.89% | -0.49% | 2.47% | -0.47% |
| 2019 | -0.65% | -3.54% | -1.04% | -3.51% |
| 2020 | -24.5% | -23.85% | -24.78% | -23.74% |
| 2021 | 12.23% | 36.73% | 11.97% | 36.75% |
| 2022 | 18.08% | 5.85% | 17.94% | 5.97% |
| 2023 | 3.19% | -14.89% | 2.96% | -14.98% |