St. Lucia: 2025 Article IV Consultation-Press Release; and Staff Report
IMF Staff Country Reports, January 14, 2026
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- St. Lucia: 2025 Article IV Consultation-Press Release; and Staff Report
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Bibliographic details
- Published: January 14, 2026
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229035804.002
Economic growth and outlook
- St. Lucia staged a robust recovery after the pandemic, buoyed by tourism rebound.
- Projected growth: 1.7 percent in 2025, following a strong expansion of 4.7 percent in 2024.
- Drivers in 2025: weaker tourism but strong construction activities, domestic demand, and credit expansion.
- Medium-term outlook: growth is expected to rebound in 2026 as tourism picks up and to converge back to its potential rate of 1.5 percent over the medium term as tourism stabilizes and planned infrastructure and tourism-related projects are completed.
Inflation and external sector
- Inflation: turned negative in 2024 from easing international food and energy prices, then increased modestly in H12025.
- Current account: despite improved net exports, the current account deficit increased in 2024 from a widening net income deficit.
- Outlook for current account: expected to decline over the medium term.
Public finances and debt
- Fiscal stance: public finances are improving with primary balance surpluses during three consecutive years.
- Vulnerabilities: high public debt stock and large rollover needs represent important vulnerabilities.
Key themes and subjects covered
- Credit, Credit bureaus, Economic sectors, Financial markets, Money, Public debt, Tourism
- Regional context: Caribbean; CARTAC country; Central America; South America; Global
International Monetary Fund. St. Lucia: 2025 Article IV Consultation-Press Release; and Staff Report (January 14, 2026).
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