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2018 Economic and Financial Review
ST
ATISTICAL TABLES
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155
Eastern Caribbean Central Bank
Table 35
Saint Lucia - Selected Economic Indicators
2014
R
2015
R
2016
R
2017
R
2018
P
National Income and Prices
Nominal Gross Domestic Product (GDP) at Market Prices
4.14
6.39
2.88
7.22
3.65
Real GDP at Market Prices
0.00
0.27
3.89
3.67
0.60
Deflator
3.11
4.24
0.48
4.48
2.61
Consumer Prices (end of period)
3.67
(2.60)
(2.83)
1.98
1.55
Consumer Prices (period average)
3.52
(0.98)
(3.08)
0.10
1.94
Real Gross Value Added (GVA) at basic prices
Agriculture, Livestock and Forestry
(11.23)
4.63
0.76
(5.17)
11.43
Fishing
2.33
(3.19)
8.16
10.53
(5.00)
Manufacturing
0.00
0.71
3.30
0.65
6.00
Mining and Quarrying
4.22
0.44
(12.00)
14.56
(5.80)
Electricity and Water
(1.00)
1.81
2.90
0.82
1.96
Construction
(15.02)
13.91
3.92
11.35
(17.00)
Wholesale and Retail Trade
(0.67)
(9.30)
16.15
4.76
(5.00)
Hotels and Restaurants
11.74
(1.66)
(3.90)
10.27
4.32
Transport, Storage and Communications
4.28
5.52
(4.01)
5.91
2.72
Transport and Storage
11.34
3.19
(2.83)
10.81
3.18
Communications
(4.37)
8.83
(5.59)
(0.90)
2.00
Financial Intermediation
(12.19)
4.42
18.08
0.44
0.42
Real Estate, Renting and Business Activities
1.93
1.55
2.00
(2.25)
(0.23)
Public Administration, Defence & Compulsory Social Security
0.01
(0.85)
0.11
1.06
0.50
Education
(0.26)
(1.33)
0.74
1.59
0.02
Health and Social Work
3.47
1.45
1.77
3.60
5.88
Other Community, Social & Personal Services
(3.67)
(0.74)
2.89
(0.84)
2.00
Activities of Private Households as Employers
(8.13)
4.17
(2.10)
0.15
5.00
FISIM
(0.53)
(1.52)
3.43
(6.54)
(2.00)
External Sector
Public Sector External Debt (end-of-period)
34.13
31.00
31.35
33.05
31.84
Central Government
Current Account Balance
0.43
1.67
2.17
2.05
1.27
Current Revenue
21.64
21.71
22.28
21.43
22.39
Current Expenditure
21.22
20.04
20.11
19.38
21.12
Capital Expenditure and Net Lending
5.16
4.95
3.15
4.42
2.83
Overall Fiscal Balance
(3.30)
(2.10)
(0.51)
(1.16)
(0.92)
Monetary Sector
Weighted Deposit Interest Rates
2.58
1.94
1.62
1.48
1.44
Weighted Lending Interest Rates
8.50
8.35
8.15
7.99
7.95
Memo
Nominal GDP at Market Prices
4,164.50
4,430.50
4,558.26
4,887.38
5,065.71
Real GDP at Market Prices
3,301.06
3,310.05
3,438.83
3,565.09
3,586.40
Merchandise Imports (f.o.b)
1,490.52
1,354.82
1,555.69
1,556.30
1,620.24
Merchandise Exports
433.56
486.84
323.07
342.90
357.85
Gross Visitor Expenditure
1,975.12
2,074.08
1,981.57
2,261.02
2,547.09
GDP per capita (EC$)
24,124.81
25,425.09
25,925.87
27,565.43
28,348.37
Source: Central Statistical Office, Saint Lucia and Eastern Caribbean Central Bank
Data as at 21 February 2019
(Annual Percentage Change Unless Otherwise Indicated)
(In percent of GDP)
(In percent per annum)
(In millions of EC dollars, unless otherwise stated)