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Asokore Beckles

Country profile · Issue No. 02 · July 2026

Saint Lucia.

LCA

Saint Lucia’s row in the Caribbean Debt Tracker. Five metrics, the stated fiscal anchor, current IMF engagement, and the primary sources behind every figure. Last verified 2026-07-21.

Debt to GDP
77.5%

as of 2026

Total public sector debt including guaranteed debt, overdrafts, ECCB advances and other outstanding payables, an IMF projection for 2026. For Saint Lucia the WEO series tracks this wider public sector measure rather than central government, which is projected at 73.2% for FY2026. The ECCB reports public debt at 75.9% of GDP at December 2025 on a further different basis.

Primary balance
+0.8%

% of GDP

Real GDP growth
2.3%

2026 projection

Fiscal anchor

ECCU regional benchmark: public debt to 60% of GDP by 2035.

IMF programme status

No active programme; surveillance only

Notes

Public debt is projected to stabilise around 77% of GDP in the medium term and, on current policies, will fall short of the regional 60% target for 2035. Public finances are improving nonetheless, with primary surpluses in three consecutive years. The primary balance shown, 0.8% of GDP, is the FY2026 projection from the IMF Staff Concluding Statement (Selected Social and Economic Indicators, 4 December 2025), on an April to March fiscal year and excluding natural disaster costs; the FY2024 actual was 1.5% and the FY2025 estimate 0.3%, so this row is on a falling, not a rising, primary balance. Growth was 4.7% in 2024 and fell to 1.7% in 2025 on temporary hotel closures and reduced airlift, with 2.3% expected in 2026 as tourism picks up and convergence to a 1.5% potential rate thereafter.

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The same five metrics across the Caribbean Community, with the regional aggregate panel and the methodology. Refreshed against each new IMF World Economic Outlook release. Issue No. 03 follows in August 2026.