The Caribbean “Too Rich for Help”: When Will the Fiction End?
On 14 October, IMF Managing Director Kristalina Georgieva warned that higher borrowing costs, falling development assistance and other economic pressures …
The latest market, economy, central-bank, policy and company stories from Saint Lucia, updated every 15 minutes. Last updated 19 October 2026.
| GDP growth (2025) | -0.6% | The economy is shrinking. |
| Inflation (2025) | 2.0% | Close to the ~2% most central banks aim for. |
| Unemployment (2025) | 9.5% | High: many people can’t find work. |
| GDP per person (2025) | $14,746 | Average output per person: a rough measure of how wealthy a country is. |
| Current account (2025) | -6.3% of GDP | Deficit: spends more abroad than it earns, so it relies on foreign money. |
Latest official annual figures from World Bank Open Data (CC BY 4.0). Context, not a forecast or financial advice.
On 14 October, IMF Managing Director Kristalina Georgieva warned that higher borrowing costs, falling development assistance and other economic pressures …
Chief Executive Officer of Export Saint Lucia, Ms. Sunita Daniel, has been elected Chairperson of the Caribbean Export Development Agency …
The National Consumer Association (NCA) will convene its Biennial General Meeting on Monday, 19th October, at 5:00 p.m. at the …
Saint Lucia has strengthened its presence in the international insolvency community following the participation of three senior representatives at the …
Saint Lucia’s economy is projected to grow by 1.1 per cent in 2026, following an estimated 0.6 per cent contraction in 2025, according to the World Bank’s October 2026 Latin America and the Caribbean Economic Update released Tuesday. The World Bank forecasts growth of 2.1 per cent in 2027 and 1.9 per cent in 2028.
The Government is increasing fuel and cooking gas subsidies to cushion consumers and businesses from higher import costs, keeping prices unchanged for gasoline, diesel, kerosene and the 20-lb and 22-lb cooking gas cylinders.