Investment Never Looked Better

SAINT LUCIA AT A GLANCE 2016

Government

Independent, Constitutional Parliamentary Democracy; Elections held every 5 years

Official Name

Saint Lucia

Head of Government

Hon. Prime Minister Mr. Allen Chastanet

Total Area

Sq. miles 238/ sq. km 616

Habitable Area

Sq. miles 207.9/ sq. km 539.1

Capital City

Castries

Official Language

English

Local Language

French Creole

Standard Time Zone

EST+1, GMT-4

Temperature

28 Degrees C/82 Degrees F on average year round

GDP

US $1,106.07 Million (2016) pre

GDP per capita

US $8,162.1 (2016) pre

GDP Real Growth Rate

0.9% (2016) pre

Foreign Direct Investment Inflows

US $130.41 Million (2016) Est.

Total Exports

US $120 Million (2016) pre

Population

173,996 (2016) pre

Annual Population Growth Rate

0.7% (2016) pre

Population Density per sq. ml

836.8 (2016) pre

Life Expectancy

75 Years

Literacy Rate

72.8% (2010 Census)

Labour Force

104,637 (2016) pre

Labour Force Participation Rate

73.4% (2016)

Unemployment

21.1% (2016)

Currency

Eastern Caribbean Dollar (EC$)

Official exchange rate

US $1 = EC $2.70

Inflation

(-3.1%) (2016) pre

GDP 4 Year Growth Rate Projections

1.48%-(2017); 3.4%-(2018)

Source: Economic Review 2016 Central Statistics Office, ECCB, Ministry of Finance & Economic Affairs, IMF - Data as of May 2017
Est. = Estimate
Pre. = Preliminary
GDP projections =in constant prices