Saint Lucia: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series
 Saint Lucia

Fiscal balance, percent of GDP

 Latest value -2.14
 Year 2023
 Measure percent
 Data availability 1985 - 2023
 Average -2.14
 Min - Max -11.49 - 2.22
 Source International Monetary Fund (IMF)
For that indicator, we provide data for Saint Lucia from 1985 to 2023. The average value for Saint Lucia during that period was -2.14 percent with a minimum of -11.49 percent in 2020 and a maximum of 2.22 percent in 1998. The latest value from 2023 is -2.14 percent. For comparison, the world average in 2023 based on 7 countries is -2.73 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Saint Lucia - Fiscal balance, percent of GDP - recent values

Historical chart
Saint Lucia - Fiscal balance, percent of GDP - historical chart - 1985-2023




Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.


 Related indicators Latest value Reference Measure
 Fiscal balance, percent of GDP -2.14 2023 percent
 Government debt 85.60 2022 percent
 Tax revenue 18.24 2017 percent
 Commercial tax rate 34.70 2019 percent
 Tax preparation time 110 2019 hours
 Number of taxes 35 2019 taxes
 Taxes on goods and services 34.80 2017 percent
 Taxes on international trade 29.18 2017 percent
 Income and profits taxes 22.69 2017 percent
 Foreign aid 99.95 2021 million U.S. dollars
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