Saint Lucia: Unemployment rate

* indicates monthly or quarterly data series
 Saint Lucia

Unemployment rate

 Latest value 15.77
 Year 2022
 Measure percent
 Data availability 1991 - 2022
 Average 18.22
 Min - Max 12.72 - 22.21
 Source The World Bank
For that indicator, we provide data for Saint Lucia from 1991 to 2022. The average value for Saint Lucia during that period was 18.22 percent with a minimum of 12.72 percent in 2008 and a maximum of 22.21 percent in 2013. The latest value from 2022 is 15.77 percent. For comparison, the world average in 2022 based on 179 countries is 7.25 percent. 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 values chart
Saint Lucia - Unemployment rate - recent values

Historical chart
Saint Lucia - Unemployment rate - historical chart - 1991-2022

The unemployment rate in Saint Lucia and other countries is defined as the number of unemployed people as percent of the labor force. The labor force includes the people who are either employed or unemployed, i.e. who don't have a job but are actively looking for one. The labor force does not include people who are not looking for work, children, and the retired.

The unemployment rate seldom declines below 4-5 percent even during boom times. There are always people who move between different sectors of the economy or between cities. When the economy goes into recession, then unemployment can reach much higher numbers, sometimes even in the double digits.
Definition: Unemployment refers to the share of the labor force that is without work but available for and seeking employment.

 Related indicators Latest value Reference Measure
 Labor force 0.10 2022 million people
 Unemployment rate 15.77 2022 percent
 Female unemployment 19.40 2022 percent
 Male unemployment 15.51 2022 percent
 Youth unemployment 36.35 2023 percent
 Labor force participation 68.01 2023 percent
 Labor force: percent female 47.66 2022 percent
 Female labor force participation 62.62 2023 percent
 Male labor force participation 73.59 2023 percent
 Self-employment 28.81 2022 percent
 Informal employment 31.90 2019 percent
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