St. Lucia: Statistical Annex

May 12, 1999

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St. Lucia: Statistical Annex, (USA: International Monetary Fund, 1999) accessed December 21, 2024

Summary

This paper reviews economic development in St. Lucia during 1993–98. Economic performance weakened in St. Lucia during 1995–97. Real GDP growth declined to an average of about 2½ percent a year during this period, after averaging more than 6 percent over the previous 10-year period. A key element in this decline was the contraction in banana production by one-third, to 71,000 tons in 1997. Brisk growth in tourism offset this decline to some extent, with annual average real earnings increasing by more than 6 percent.

Subject: Agricultural commodities, Commercial banks, Commodities, Credit, Economic sectors, Exports, Financial institutions, International trade, Public sector, Revenue administration

Keywords: Accounts payable, Agricultural commodities, Caribbean, Commercial banks, Consumer goods, CR, E.C. dollar, Exports, Factor income, ISCR, Lender position, Public sector, St. Lucia banana growers' corporation, Tourism earnings, Unit price

Publication Details

Pages:

48
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1999/038
Stock No:

1LCAEA0011999
ISBN:

9781451823158
ISSN:

1934-7685

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