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Asokore Beckles

Country profile · Issue No. 01 · May 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 2026-05-25.

Debt to GDP
74.5%

as of 2024

Primary balance
+1.5%

% of GDP

Real GDP growth
1.7%

2025 projection

Fiscal anchor

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

IMF programme status

No active programme; surveillance only

Notes

The 2024 fiscal deficit widened to 2.6% of GDP and public debt ticked up to 74.5% of GDP. Public debt is projected to stabilise around 77% of GDP in the medium term, falling short of the regional 60% target by 2035 under current policies. Public finances are improving, with primary surpluses recorded in three consecutive years. The IMF Staff Concluding Statement (Selected Social and Economic Indicators table, 4 December 2025) reports the primary fiscal balance (excl. natural disaster costs) at 1.5% of GDP in FY2024 (April 2023 to March 2024, actual); estimated at 0.3% of GDP in FY2025 and projected at 0.8% in FY2026. The figure is on an April-March fiscal-year basis and excludes natural disaster costs; including ND costs, the FY2024 figure is unchanged at 1.5%. Growth 1.7% in 2025 (4.7% in 2024) on temporary hotel closures, with rebound expected in 2026.

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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. 02 follows the October 2026 (post the IMF WEO autumn release).