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Saint Lucia GDP Annual Growth Rate

Saint Lucia's GDP annual growth rate rose to 3.89% in 2024, up from 2.21% in 2023, according to World Bank. This represents an increase of 1.68% from the previous year. Saint Lucia has GDP annual growth rate higher than the global median (3.89% vs median 3.24%). Compared with the median in Americas, Saint Lucia is higher (3.89% vs regional median 3.27%) and ranks 13th out of 44 countries in Americas.

Saint Lucia's real GDP rose to $2.13 billion in 2024, up from $2.05 billion in 2023.

Yearly Historical Data (1978-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 3.89%
2023 2.21%
2022 20.39%
2021 11.6%
2020 -24.36%
2019 -0.7%
2018 2.89%
2017 3.38%
2016 3.43%
2015 0.1%
2014 1.33%
2013 -1.82%
2012 -0.11%
2011 4.33%
2010 0.33%
2009 -2.83%
2008 4.95%
2007 1.69%
2006 6.2%
2005 -0.41%
2004 7.27%
2003 4.26%
2002 0.42%
2001 -3.41%
2000 0.05%
1999 2.67%
1998 6.29%
1997 -0.69%
1996 2.92%
1995 1.75%
1994 1.6%
1993 0.58%
1992 7.95%
1991 0.38%
1990 9.89%
1989 8.98%
1988 13.9%
1987 3.92%
1986 14.4%
1985 8.29%
1984 7.27%
1983 4.97%
1982 2.09%
1981 6.31%
1980 -2.22%
1979 3.79%
1978 10.31%
Saint Lucia GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Saint Lucia's total economic output.