St. Lucia: Statistical Annex
May 12, 1999
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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
Pages:
48
Volume:
1999
DOI:
Issue:
038
Series:
Country Report No. 1999/038
Stock No:
1LCAEA0011999
ISBN:
9781451823158
ISSN:
1934-7685
