In 2009, Saint Lucia had an estimated population of 170,000 people, with a growth rate of 0.7%. The economy was largely based on services such as banking and tourism as well as agriculture and manufacturing. Foreign relations were mainly focused on trade agreements with the Caribbean Community (CARICOM), United Nations, European Union, United States and other countries in the Caribbean region. In terms of politics, Saint Lucia was a parliamentary democracy with a prime minister as head of government. In 2009, Stephenson King was the prime minister at that time and his party had a majority in both houses of Parliament. See internetsailors for Saint Lucia in the year of 2011.
Yearbook 2009
Saint Lucia. In a report published by the International Monetary Fund (IMF) in August, it emerged that Saint Lucia’s economy during the first half of the year had suffered “extensive damage as a result of the global economic downturn”. According to countryaah, the main reason for this was, according to the IMF, “a sudden fall in demand in the tourism sector, which was the country’s primary source of income in foreign currency and tax revenue”. A few days before the report was published, the IMF had granted Saint Lucia a large loan. See ABBREVIATIONFINDER for abbreviation ST which stands for the nation of St. Lucia.
Economy
| Inflation rate | 0.10% |
| Unemployment rate | 20% |
| Gross domestic product (GDP) | $ 2,542,000,000 |
| GDP growth rate | 3.00% |
| GDP per capita | $ 14,400 |
| GDP by sector | |
| Agriculture | 2.90% |
| Industry | 14.20% |
| Service | 82.80% |
| State budget | |
| Revenue | 141.2 million |
| Expenditure | 146.7 million |
| Proportion of the population below the national poverty line | – |
| Distribution of household income | |
| Top 10% | k. A. |
| Lower 10% | k. A. |
| Industrial production growth rate | 4.00% |
| Investment volume | |
| National debt | 70.70% of GDP |
| Foreign exchange reserves | |
| Tourism | 2014 |
| Number of visitors | 338,000 |
| Revenue | $ 354,000,000 |