IMF Staff Country Reports

St. Lucia: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for St. Lucia

November 18, 2022

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Format: Chicago

International Monetary Fund. Western Hemisphere Dept. "St. Lucia: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for St. Lucia", IMF Staff Country Reports 2022, 348 (2022), accessed 12/26/2025, https://doi.org/10.5089/9798400225772.002

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Summary

The St. Lucian economy is confronted with significant challenges from consecutive external shocks. While still recovering from the impact of the Covid-19 pandemic, which led to an output collapse in 2020 and 2021 mainly due to a halt in tourism, the war in Ukraine is adding inflation and balance of payments pressures given the dependence on fuel and food imports.

Subject: Economic and financial statistics, Economic sectors, Environment, Fiscal policy, International organization, Monetary policy, Public debt

Keywords: authorities of St. Lucia, Caribbean, CARTAC TA, debt sustainability outlook, donor government, External sector statistics, financing constraint, Global, Natural disasters, Tourism