## St. Lucia and the IMF

## Source details

**Canonical URL:** [St. Lucia and the IMF](https://www.imf.org/en/countries/lca)

## Other formats

- [Markdown version](/en/countries/lca/index.md)
- [Structured JSON version](/en/countries/lca/index.json)
- [Bundle manifest](/en/countries/lca/bundle-manifest.json)

### At a Glance

- 2026 Projected Real GDP (% Change) : 2.0
- 2026 Projected Consumer Prices (% Change): 2.5
- Country Population: 0.183 million
- Date of Membership: November 15, 1979
- [Article IV/Country Report](https://www.imf.org/en/publications/cr/issues/2026/01/14/st-573153): January 14, 2026
- Outstanding Purchases and Loans (SDR): 19.26 million (March 31, 2026)
- Special Drawing Rights (SDR): 19.93 million
- Quota (SDR): 21.4 million
- Number of Arrangements since membership: 2

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### Article IV Consultations and Board Consideration
- On August 29, 2023, the Executive Board of the International Monetary Fund concluded the consideration of the Article IV consultation with St. Lucia.
- The last Article IV Executive Board Consultation was on January 8, 2026.
- The authorities need more time to consider the publication of the staff report and the related press release.

### IMF Mandate and Surveillance Process
- Under Article IV of its Articles of Agreement, the International Monetary Fund has a mandate to exercise surveillance over the economic, financial and exchange rate policies of its members to ensure the effective operation of the international monetary system.
- The IMF’s appraisal of such policies involves a comprehensive analysis of the general economic situation and policy strategy of each member country.

### Staff Mission and Reporting Cycle
- IMF economists visit the member country, usually once a year, to collect and analyze data and hold discussions with government and central bank officials.
- Upon return from the mission, the staff submits a report to the IMF’s Executive Board for discussion.
- The Board’s views are subsequently summarized and transmitted to the country authorities.

### See All Documents

- [See All Documents](https://www.imf.org/en/countries/lca#whatsnew)

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## References

- [Board Discussions on St Lucia](https://www.imf.org/en/about/executive-board/ebc-archive/country)
- [Article IV/Country Report:](https://www.imf.org/en/publications/cr/issues/2026/01/14/st-573153)

_Source: https://www.imf.org/en/countries/lca_