St. Lucia GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$14,181.63

Source: world bank Nominal/PPP
Summary:

St. Lucia GDP Per Capita expanded from 1980 to 2024, increasing from $1,428.20 to $14,181.63 .The compound annual growth rate (CAGR) averaged 5.36% over the period. The economy recorded its peak level in 2024 and its lowest level in 1980. Growth volatility remained high. The maximum drawdown reached 28.68%, indicating the largest cyclical decline from peak levels. The country experienced 4 recession episode(s) during the observed period.

Latest GDP Per Capita of St. Lucia 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 14,181.63 dollars$ 27,567.33 Int dollars
Growth (YoY)4.625%6.132%
Net Change vs Previous Year$ 626.86 dollars$ 1,592.82 Int dollars
% of World GDP Per Capita12.78%13.81%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
St. Lucia GDP | St. Lucia GDP Growth

St. Lucia Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
1961------
1962------
1963------
1964------
1965------
1966------
1967------
1968------
1969------
1970------
1971------
1972------
1973------
1974------
1975------
1976------
1977------
1978------
1979------
19801428.2-----
19811604.78176.5712.363 %---
19821489.46-115.32-7.186 %---
19831575.7486.285.793 %---
19841979.13403.3825.6 %---
19852202.28223.1611.275 %---
19862590.69388.4117.637 %---
19872818.91228.228.809 %---
19883182.44363.5312.896 %---
19893565.01382.5712.021 %---
19904204.57639.5617.94 %6950.84--
19914398.68194.114.617 %7126.93176.092.533 %
19924759.84361.168.211 %7752.55625.628.778 %
19934764.724.890.103 %7865.46112.911.456 %
19944892.07127.342.673 %8040.76175.32.229 %
19955147.92255.855.23 %8222.22181.472.257 %
19965244.0296.11.867 %8489.83267.63.255 %
19975282.3738.350.731 %8456.38-33.45-0.394 %
19985672.51390.147.386 %8965.13508.756.016 %
19995882.83210.323.708 %9214.18249.052.778 %
20005879.56-3.27-0.056 %9313.7399.551.08 %
20015570.45-309.11-5.257 %9105.83-207.91-2.232 %
20025567.89-2.56-0.046 %9205.1899.361.091 %
20036058.61490.718.813 %9707.07501.885.452 %
20046494.6435.997.196 %10610.3903.239.305 %
20056863.44368.845.679 %10818.31208.011.96 %
20067611.18747.7410.895 %11758.32940.018.689 %
20077964.38353.24.641 %12199.26440.943.75 %
20088516.96552.586.938 %12968.55769.296.306 %
20098250.52-266.44-3.128 %12600.21-368.34-2.84 %
20108673.69423.175.129 %12717.79117.580.933 %
20119128.99455.315.249 %13471.27753.485.925 %
20129260.3131.311.438 %13443.43-27.84-0.207 %
20139577.22316.923.422 %14009.98566.564.214 %
201410044.82467.64.882 %14403.08393.12.806 %
201510334.99290.162.889 %14353.22-49.86-0.346 %
201610638.13303.142.933 %15306.73953.56.643 %
201711333.11694.996.533 %16130.97824.255.385 %
201811642.7309.592.732 %17433.31302.338.073 %
201911794.06151.361.3 %18709.911276.617.323 %
20208411.07-3382.98-28.684 %14912.16-3797.75-20.298 %
202110459.132048.0624.35 %19101.174189.0128.091 %
202213103.822644.6925.286 %24599.375498.2128.785 %
202313554.77450.943.441 %25974.511375.145.59 %
202414181.63626.864.625 %27567.331592.826.132 %

St. Lucia Economic Phases (1980 - 2024)

From 1980 to 2024, St. Lucia economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1983–1990) indicating robust economic expansion
  • Expansion (1993–1994) indicating steady moderate growth
  • Expansion (1996–1997) indicating steady moderate growth
  • Contraction (2000–2002) indicating temporary slowdown
  • High Growth (2003–2006) indicating robust economic expansion
  • High Growth (2010–2011) indicating robust economic expansion
  • Expansion (2012–2016) indicating steady moderate growth
  • Expansion (2018–2019) indicating steady moderate growth
  • High Growth (2021–2022) indicating robust economic expansion
  • Expansion (2023–2024) indicating steady moderate growth

The most remarkable growth occurred in 1984 with an increase of 25.6%, while the largest decline was in 2020 at -28.684%.