St. Lucia 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$2.43 billion
↑ 3.73% vs 2022GDP per Capita
$13,554.67
↑ 3.44% vs 2022GDP Growth (Annual %)
2.21%
↓ 18.18pp vs 2022Inflation Rate (CPI %)
4.07%
↓ 2.31pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $2.34 billion | $2.43 billion | +3.73% |
| GDP per Capita | $13,103.76 | $13,554.67 | +3.44% |
| GDP Growth (Annual %) | 20.39% | 2.21% | -18.18pp |
| Inflation (CPI %) | 6.38% | 4.07% | -2.31pp |
| Unemployment Rate (%) | 15.93% | 11.09% | -4.84pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $2.43 billion
- GDP per Capita
- $13,554.67
- GDP Growth (Annual %)
- 2.21%
- Gross National Income
- $2.21 billion
Prices & Employment
- Inflation (CPI %)
- 4.07%
- Inflation (GDP Deflator %)
- 1.49%
- Unemployment Rate (%)
- 11.09%
- Interest Rate (Real %)
- 4.84%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -1.57%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, St. Lucia's Gross Domestic Product (GDP) is $2.43 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in St. Lucia for 2023 is $13,554.67. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in St. Lucia for 2023 is 4.07%. This measures the annual percentage change in the cost of consumer goods and services.
St. Lucia's annual GDP growth rate for 2023 is 2.21%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in St. Lucia for 2023 is 11.09%. This represents the percentage of the labor force that is unemployed and actively seeking employment.