Saint Lucia

Saint Lucia · LCA · North America

Risk Score

Guarded→ Stable

Risk Factors

No recent events in pipeline

Overview

Saint Lucia's economy is predominantly driven by tourism, which makes it vulnerable to external shocks and natural disasters. The government is committed to diversifying its economic base, promoting sustainable development, and enhancing climate resilience. It actively participates in regional integration efforts through CARICOM and the OECS.

Leadership

King Charles III

Governor-General (represented by Errol Charles)

Government: Parliamentary Democracy (Constitutional Monarchy)

Philip J. Pierre

Alva Baptiste

Philip J. Pierre

Economy

GDP

$2.6B

GDP per Capita

$14.5K

GDP Growth

+4.8%

Inflation

2.8%

Unemployment

12.5%

TourismBanana productionLight ManufacturingFinancial Services

Trade

Key Exports

BananasRefined petroleumBeveragesClothingElectrical products

Key Imports

FoodManufactured goodsMachinery and transport equipmentFuelsChemicals

Top Partners

USAUKTrinidad and TobagoBarbadosCanada

Headlines (5)

kaieteurnewsonline21h ago

Outgoing CARICOM Chair urges leaders to resolve disputes privately, greater participation to address challenges

kaieteurnewsonline21h ago

Guyana secures two runner-up finishes as Parkinson, Harvey shine at CARICOM 10K in St. Lucia

thedailyherald_sx23h ago

Strengthen integration for future generations – PM Dr. Drew, Outgoing Chair of CARICOM

cicnews1d ago

Canada extends direct-to-permanent-residence pathway for French-speaking students

hastingstribune1d ago