Saint Lucia: GDP, constant dollars
* indicates monthly or quarterly data series
Saint Lucia |
Gross Domestic Product, billions of 2010 U.S. dollars |
---|---|
Latest value | 2.0 |
Year | 2023 |
Measure | billion U.S. dollars |
Data availability | 1977 - 2023 |
Average | 1.4 |
Min - Max | 0.5 - 2.0 |
Source | The World Bank |
The latest value from 2023 is 2 billion U.S. dollars, unchanged from 2 billion U.S. dollars in 2022. In comparison, the world average is 510.3 billion U.S. dollars, based on data from 179 countries. Historically, the average for Saint Lucia from 1977 to 2023 is 1.4 billion U.S. dollars. The minimum value, 0.5 billion U.S. dollars, was reached in 1977 while the maximum of 2 billion U.S. dollars was recorded in 2018.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Historical series
The GDP of Saint Lucia and other countries is a measure of the size of the economy. It is the total market value of all goods and services produced on the territory of a country during a period of time, for example, during one year. We show GDP in constant dollars. In other words, we present the production levels of different years but evaluated using the prices of only one year. The objective is to compare the level of production across years, holding constant any price changes.
Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2015 prices, expressed in U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2015 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Economic growth | 3.19 | 2023 | percent |
GDP, constant dollars | 2.0 | 2023 | billion U.S. dollars |
GDP, current U.S. dollars | 2.52 | 2023 | billion U.S. dollars |
GDP per capita, current dollars | 13,980.09 | 2023 | U.S. dollars |
GDP per capita, PPP | 22,650 | 2023 | U.S. dollars |
GDP per capita, constant dollars | 11,314.73 | 2023 | U.S. dollars |