Saint Lucia: Economic globalization

* indicates monthly or quarterly data series
 Saint Lucia

Economic globalization index (0-100)

 Latest value 59.90
 Year 2018
 Measure points
 Data availability 1979 - 2018
 Average 50.63
 Min - Max 33.89 - 67.79
 Source The Swiss Institute of Technology in Zurich
For that indicator, we provide data for Saint Lucia from 1979 to 2018. The average value for Saint Lucia during that period was 50.63 points with a minimum of 33.89 points in 1982 and a maximum of 67.79 points in 2014. The latest value from 2018 is 59.9 points. For comparison, the world average in 2018 based on 188 countries is 58.85 points. 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 - Economic globalization - Recent values chart

Historical chart
Saint Lucia - Economic globalization - historical chart - 1979-2018

The KOF Economic Globalization Index for Saint Lucia and other countries has two dimensions. First, it measures the economic flows between Saint Lucia and the rest of the world in terms of international trade and international investment. The question is whether Saint Lucia exchanges a lot of goods, services, and investments with other countries. Second, it measures the restrictions to trade and investment such as tariffs and capital controls on international investment. Each dimension is based on several variables that are combined in one overall index that ranges from 0 to 100.
Definition: Economic globalization has two dimensions: actual economic flows and restrictions to trade and capital. The sub-index on actual economic flows includes data on trade, FDI, and portfolio investment. The sub-index on restrictions takes into account hidden import barriers, mean tariff rates, taxes on international trade (as a share of current revenue), and an index of capital controls. More information and the original data can be obtained here.

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 Related indicators Latest value Reference Measure
 Overall globalization 56.35 2018 points
 Economic globalization 59.90 2018 points
 Political globalization 34.95 2018 points
 Social globalization 78.61 2018 points
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