SlideShare a Scribd company logo
1 of 3
Download to read offline
Population: 172,000
                 SAINT LUCIA                                                                                                   Area: 619 sq km (238 sq miles)



                                                                   MAIN ECONOMIC INDICATORS
                                                            2000         2001        2002                   2003     2004    2005     2006     2007      2008     2009    2010
               GDP ($US, billions)                           0.71        0.69        0.71                   0.75     0.80    0.88     0.93      0.96      1.00    0.97    1.00

                GDP (% change)                               0.0         -4.1         0.6                    3.5      3.8     4.4      4.8      1.5        0.7    -5.2     1.1

             GDP per capita ($US)                           4,535        4,351      4,430                   4,656    4,932   5,336   5,594     5,700     5,863    5,671   5,778

Current account balance ($US, billions)                     -0.10        -0.11       -0.11                  -0.11    -0.09   -0.15    -0.28    -0.30     -0.31    -0.20   -0.21

    Current account balance (% of GDP)                      -13.4        -15.6       -15.0                  -14.7    -10.9   -17.1    -30.2    -31.3     -30.7    -20.0   -21.2

              Inflation (% change)                           3.7          5.4        -0.3                    1.0      1.5     3.9      3.6      1.9        7.2     0.6     1.7

             Unemployment+ (%)                                17           -          15                     22       21       -        -        -          -       -       -

                       GDP (% change)            Inflation (% change)                                                         GDP       Current account balance

      6.5                                                                                                    1.05

                                                                                                             0.85
      4.5
                                                                                                             0.65
      2.5


                                                                                             $US Billions
                                                                                                             0.45
%     0.5
                                                                                                             0.25
      -1.5   2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
                                                                                                             0.05

      -3.5                                                                                                  -0.15   2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

      -5.5                                                                                                  -0.35
                                                                    Source: IMF World Economic Outlook April 2010
+
 Source: The World Bank - http://databank.worldbank.org
*Numbers in italics represent estimates
Population: 172,000
                SAINT LUCIA                                                                                                  Area: 619 sq km (238 sq miles)



                                                    MAIN TRADE INDICATORS – GOODS
                                                          2004                      2005                      2006                       2007                           2008
    Trade Balance ($US thousands)                        -341,800              -421,555                      -498,622                   -561,453                      -4,075,530
 Total Exported Value ($US thousands)                     79,782                64,220                        93,746                    52,455                         117,063
 Total Imported Value ($US thousands)                    421,582               485,775                       592,368                    613,908                       4,192,593

             Top 10 Markets by % of Total Exported Value (2007)                                           Top 10 Markets by % of Total Imported Value (2007)

             United Kingdom                                              26%               United States of America                                                            42%
        Trinidad and Tobago                                            24%                     Trinidad and Tobago                                 20%
    United States of America                       14%                                                         Japan               6%
                     Barbados                    12%                                                United Kingdom                5%
                     Dominica               5%                                                            Barbados               4%
St Vincent & the Grenadines               5%                                                               Thailand            2%
       Antigua and Barbuda               4%                                                                  Canada            2%
                      Grenada            4%                                                                  Finland          1%
            St Kitts and Nevis      1%                                                                        France          1%
                       France       1%                                                                      Panama            1%

                                                                                            Electrical,
              Top 5 Exports by % of Total Exported Value (2008) Commodities                 electronic     Top 5 Imports by % of Total Exported Value (2008)
                                                                   not elsewhere                                Nuclear reactors,
                                                                                           equipment,                                                                  Vehicles other than
                                                                                                               boilers, machinery,
                                                                   specified, 10%              0.7%                                                Commodities not      railway, tramway,
                                                                                                                       0.7%
                                                                                                                                                      elsewhere               0.8%
           Edible fruit,                            Beverages,                                                                                      specified, 0.6%
           nuts, peel of                            spirits and
            citrus fruit,                          vinegar, 10%
           melons, 28%


                                                   Electrical,
                                                   electronic
                Mineral fuels,                    equipment,
                                                      11%                                                      Mineral fuels, oils,
               oils, distillation                                                                                 distillation
               products, 20%                                                                                    products, 91%

                                                         Source: International Trade Centre – www.trademap.org
Population: 172,000
              SAINT LUCIA                                                                                       Area: 619 sq km (238 sq miles)



                                                 MAIN TRADE INDICATORS – SERVICES
                                                                2004                 2005                      2006              2007             2008
       Trade Balance ($US thousands)                           219,410             251,720                    174,680           168,360          180,600
    Total Exported Value ($US thousands)                       367,150             423,430                    343,560           356,110          361,910
    Total Imported Value ($US thousands)                       147,740             171,710                    168,880           187,750          181,310

             Top Exports by % of Total Exported Value (2007)                                   Top Imports by % of Total Imported Value (2007)


                  Travel                                          83%                       Transportation                                          43%

                                                                                                    Travel                           22%
 Other business services        8%

                                                                                   Other business services                          21%
         Transportation      5%
                                                                                        Insurance services              8%
Communications services    2%
                                                                                     Government services           3%

      Insurance services   2%
                                                                                 Communications services          2%

   Government services     0.5%                                                  Royalties and license fees      1%


                                                     Source: International Trade Centre – www.trademap.org

More Related Content

What's hot

Roberto Coronado, Outlook for the El Paso-Juarez Region, Federal Reserve Bank...
Roberto Coronado, Outlook for the El Paso-Juarez Region, Federal Reserve Bank...Roberto Coronado, Outlook for the El Paso-Juarez Region, Federal Reserve Bank...
Roberto Coronado, Outlook for the El Paso-Juarez Region, Federal Reserve Bank...The Paso del Norte Group
 
Nz Marine Cluster May 12 Ppt
Nz Marine Cluster May 12 PptNz Marine Cluster May 12 Ppt
Nz Marine Cluster May 12 PptBen Mayson
 
Real Estate and Economic Outlook, by Dr. Lawrence Yun
Real Estate and Economic Outlook, by Dr. Lawrence YunReal Estate and Economic Outlook, by Dr. Lawrence Yun
Real Estate and Economic Outlook, by Dr. Lawrence YunNar Res
 
Moz public invst-agriculture
Moz public invst-agricultureMoz public invst-agriculture
Moz public invst-agricultureIFPRI-Maputo
 
Yahoo Earnings Q3 2008
Yahoo Earnings Q3 2008Yahoo Earnings Q3 2008
Yahoo Earnings Q3 2008Keith Teare
 
Expected us gdp growth rate presentation
Expected us gdp growth rate presentationExpected us gdp growth rate presentation
Expected us gdp growth rate presentationVictoria Rock
 
Latin america light vehicle outlook
Latin america light vehicle outlookLatin america light vehicle outlook
Latin america light vehicle outlookACARA
 
Canada's VC Challenge - A statistical overview - August 2012
Canada's VC Challenge - A statistical overview - August 2012Canada's VC Challenge - A statistical overview - August 2012
Canada's VC Challenge - A statistical overview - August 2012heri
 
Grupo Technos 2Q11
Grupo Technos 2Q11Grupo Technos 2Q11
Grupo Technos 2Q11Gicontino
 

What's hot (16)

Grenada -Trade Profile UWI's Shridath Ramphal Centre
Grenada -Trade Profile UWI's Shridath Ramphal CentreGrenada -Trade Profile UWI's Shridath Ramphal Centre
Grenada -Trade Profile UWI's Shridath Ramphal Centre
 
Barbados -Trade Profile UWI's Shridath Ramphal Centre
Barbados -Trade Profile UWI's Shridath Ramphal CentreBarbados -Trade Profile UWI's Shridath Ramphal Centre
Barbados -Trade Profile UWI's Shridath Ramphal Centre
 
Trinidad & Tobago - Trade Profile [UWI's Shridath Ramphal Centre]
Trinidad & Tobago - Trade Profile [UWI's Shridath Ramphal Centre]Trinidad & Tobago - Trade Profile [UWI's Shridath Ramphal Centre]
Trinidad & Tobago - Trade Profile [UWI's Shridath Ramphal Centre]
 
Suriname - Trade Profile [UWI's Shridath Ramphal Centre]
Suriname -  Trade Profile [UWI's Shridath Ramphal Centre]Suriname -  Trade Profile [UWI's Shridath Ramphal Centre]
Suriname - Trade Profile [UWI's Shridath Ramphal Centre]
 
Roberto Coronado, Outlook for the El Paso-Juarez Region, Federal Reserve Bank...
Roberto Coronado, Outlook for the El Paso-Juarez Region, Federal Reserve Bank...Roberto Coronado, Outlook for the El Paso-Juarez Region, Federal Reserve Bank...
Roberto Coronado, Outlook for the El Paso-Juarez Region, Federal Reserve Bank...
 
Cliff Brewis Outlook 2012
Cliff Brewis Outlook 2012Cliff Brewis Outlook 2012
Cliff Brewis Outlook 2012
 
Nz Marine Cluster May 12 Ppt
Nz Marine Cluster May 12 PptNz Marine Cluster May 12 Ppt
Nz Marine Cluster May 12 Ppt
 
Development strategies: middle income countries
Development strategies: middle income countriesDevelopment strategies: middle income countries
Development strategies: middle income countries
 
Real Estate and Economic Outlook, by Dr. Lawrence Yun
Real Estate and Economic Outlook, by Dr. Lawrence YunReal Estate and Economic Outlook, by Dr. Lawrence Yun
Real Estate and Economic Outlook, by Dr. Lawrence Yun
 
Moz public invst-agriculture
Moz public invst-agricultureMoz public invst-agriculture
Moz public invst-agriculture
 
Ind aag
Ind aagInd aag
Ind aag
 
Yahoo Earnings Q3 2008
Yahoo Earnings Q3 2008Yahoo Earnings Q3 2008
Yahoo Earnings Q3 2008
 
Expected us gdp growth rate presentation
Expected us gdp growth rate presentationExpected us gdp growth rate presentation
Expected us gdp growth rate presentation
 
Latin america light vehicle outlook
Latin america light vehicle outlookLatin america light vehicle outlook
Latin america light vehicle outlook
 
Canada's VC Challenge - A statistical overview - August 2012
Canada's VC Challenge - A statistical overview - August 2012Canada's VC Challenge - A statistical overview - August 2012
Canada's VC Challenge - A statistical overview - August 2012
 
Grupo Technos 2Q11
Grupo Technos 2Q11Grupo Technos 2Q11
Grupo Technos 2Q11
 

Viewers also liked

EU-SADC Economic Partnership Agreement
EU-SADC Economic Partnership AgreementEU-SADC Economic Partnership Agreement
EU-SADC Economic Partnership AgreementEuforic Services
 
Marrakech for the senses
Marrakech for the senses Marrakech for the senses
Marrakech for the senses celeste mazzadi
 
Able Engineering & Welch Way: Aligning Employees to Strategy through Leadersh...
Able Engineering & Welch Way: Aligning Employees to Strategy through Leadersh...Able Engineering & Welch Way: Aligning Employees to Strategy through Leadersh...
Able Engineering & Welch Way: Aligning Employees to Strategy through Leadersh...Skillsoft
 
Your Company's Future Depends on Learning-Centric Talent Expansion
Your Company's Future Depends on Learning-Centric Talent ExpansionYour Company's Future Depends on Learning-Centric Talent Expansion
Your Company's Future Depends on Learning-Centric Talent ExpansionSkillsoft
 
Skillsoft Strategy: Harnessing the Power of Big Data
Skillsoft Strategy: Harnessing the Power of Big DataSkillsoft Strategy: Harnessing the Power of Big Data
Skillsoft Strategy: Harnessing the Power of Big DataSkillsoft
 
The CMO Blueprint for Account-Based Marketing
The CMO Blueprint for Account-Based MarketingThe CMO Blueprint for Account-Based Marketing
The CMO Blueprint for Account-Based MarketingConvince & Convert Media
 
Wastewater sampling and treatment كورس تدريبي عن أخذ العينات والتحاليل لميا...
Wastewater sampling and treatment   كورس تدريبي عن أخذ العينات والتحاليل لميا...Wastewater sampling and treatment   كورس تدريبي عن أخذ العينات والتحاليل لميا...
Wastewater sampling and treatment كورس تدريبي عن أخذ العينات والتحاليل لميا...Kimia Store
 

Viewers also liked (16)

DESA News, December 2012
DESA News, December 2012DESA News, December 2012
DESA News, December 2012
 
EU-SADC Economic Partnership Agreement
EU-SADC Economic Partnership AgreementEU-SADC Economic Partnership Agreement
EU-SADC Economic Partnership Agreement
 
C. Ononaiwu - CARICOM Agreements On Investment - Prospects For The Investment...
C. Ononaiwu - CARICOM Agreements On Investment - Prospects For The Investment...C. Ononaiwu - CARICOM Agreements On Investment - Prospects For The Investment...
C. Ononaiwu - CARICOM Agreements On Investment - Prospects For The Investment...
 
Marrakech for the senses
Marrakech for the senses Marrakech for the senses
Marrakech for the senses
 
Jamaica - Trade Profile [UWI's Shridath Ramphal Centre]
Jamaica -  Trade Profile [UWI's Shridath Ramphal Centre]Jamaica -  Trade Profile [UWI's Shridath Ramphal Centre]
Jamaica - Trade Profile [UWI's Shridath Ramphal Centre]
 
St Vincent & the Grenadines - Trade Profile [UWI's Shridath Ramphal Centre]
St Vincent & the Grenadines -  Trade Profile [UWI's Shridath Ramphal Centre]St Vincent & the Grenadines -  Trade Profile [UWI's Shridath Ramphal Centre]
St Vincent & the Grenadines - Trade Profile [UWI's Shridath Ramphal Centre]
 
C. Ononaiwu - CARICOM Agreements On Investment - Treaty Shopping & Consistenc...
C. Ononaiwu - CARICOM Agreements On Investment - Treaty Shopping & Consistenc...C. Ononaiwu - CARICOM Agreements On Investment - Treaty Shopping & Consistenc...
C. Ononaiwu - CARICOM Agreements On Investment - Treaty Shopping & Consistenc...
 
Telefonia ip
Telefonia ipTelefonia ip
Telefonia ip
 
E. Humprehy & M. Cossy - Implementing the Economic Partnership Agreement Chal...
E. Humprehy & M. Cossy - Implementing the Economic Partnership Agreement Chal...E. Humprehy & M. Cossy - Implementing the Economic Partnership Agreement Chal...
E. Humprehy & M. Cossy - Implementing the Economic Partnership Agreement Chal...
 
C. Ononaiwu - ICSID Cases Involving CARICOM States (OAS-CRNM-CARICOM Workshop...
C. Ononaiwu - ICSID Cases Involving CARICOM States (OAS-CRNM-CARICOM Workshop...C. Ononaiwu - ICSID Cases Involving CARICOM States (OAS-CRNM-CARICOM Workshop...
C. Ononaiwu - ICSID Cases Involving CARICOM States (OAS-CRNM-CARICOM Workshop...
 
Able Engineering & Welch Way: Aligning Employees to Strategy through Leadersh...
Able Engineering & Welch Way: Aligning Employees to Strategy through Leadersh...Able Engineering & Welch Way: Aligning Employees to Strategy through Leadersh...
Able Engineering & Welch Way: Aligning Employees to Strategy through Leadersh...
 
Your Company's Future Depends on Learning-Centric Talent Expansion
Your Company's Future Depends on Learning-Centric Talent ExpansionYour Company's Future Depends on Learning-Centric Talent Expansion
Your Company's Future Depends on Learning-Centric Talent Expansion
 
Skillsoft Strategy: Harnessing the Power of Big Data
Skillsoft Strategy: Harnessing the Power of Big DataSkillsoft Strategy: Harnessing the Power of Big Data
Skillsoft Strategy: Harnessing the Power of Big Data
 
The CMO Blueprint for Account-Based Marketing
The CMO Blueprint for Account-Based MarketingThe CMO Blueprint for Account-Based Marketing
The CMO Blueprint for Account-Based Marketing
 
mCommerce Trends
mCommerce TrendsmCommerce Trends
mCommerce Trends
 
Wastewater sampling and treatment كورس تدريبي عن أخذ العينات والتحاليل لميا...
Wastewater sampling and treatment   كورس تدريبي عن أخذ العينات والتحاليل لميا...Wastewater sampling and treatment   كورس تدريبي عن أخذ العينات والتحاليل لميا...
Wastewater sampling and treatment كورس تدريبي عن أخذ العينات والتحاليل لميا...
 

Similar to St. Lucia - Trade Profile [UWI's Shridath Ramphal Centre]

Grendene - 15th Annual Latin America Conference - Citigroup
Grendene - 15th Annual Latin America Conference - CitigroupGrendene - 15th Annual Latin America Conference - Citigroup
Grendene - 15th Annual Latin America Conference - CitigroupGrendene
 
Economy of USA- An Current overview
Economy of USA- An Current overviewEconomy of USA- An Current overview
Economy of USA- An Current overviewRaj Kumar Singh
 
Earnings Release 2 Q07
Earnings Release 2 Q07Earnings Release 2 Q07
Earnings Release 2 Q07Profarma
 
arnings Release 2Q07 Presentation
arnings Release 2Q07 Presentationarnings Release 2Q07 Presentation
arnings Release 2Q07 PresentationProfarma
 
2005 - 5th Us Analyst And Investor Meeting Financials
2005 - 5th Us Analyst And Investor Meeting   Financials2005 - 5th Us Analyst And Investor Meeting   Financials
2005 - 5th Us Analyst And Investor Meeting FinancialsEmbraer RI
 
Sectoral Economic Development Strategy
Sectoral Economic Development StrategySectoral Economic Development Strategy
Sectoral Economic Development Strategyedunetwork
 
yahoo 3Q08EarningsPreso
yahoo 3Q08EarningsPresoyahoo 3Q08EarningsPreso
yahoo 3Q08EarningsPresofinance32
 
Sun microsystems Q2 2009 earnings releases
Sun microsystems Q2 2009 earnings releasesSun microsystems Q2 2009 earnings releases
Sun microsystems Q2 2009 earnings releasesearningsreport
 
1ª conferência - James S Henry
1ª conferência - James S Henry 1ª conferência - James S Henry
1ª conferência - James S Henry CIEF2012
 
045 Presentacion%20 Colombia%20 December%202009%20(Ingles)
045 Presentacion%20 Colombia%20 December%202009%20(Ingles)045 Presentacion%20 Colombia%20 December%202009%20(Ingles)
045 Presentacion%20 Colombia%20 December%202009%20(Ingles)amigueldiaz
 
Yahoo 3q08earningspreso Updated
Yahoo 3q08earningspreso UpdatedYahoo 3q08earningspreso Updated
Yahoo 3q08earningspreso Updatedgueste3e4f5
 
1Q09 Results Presentation
1Q09 Results Presentation1Q09 Results Presentation
1Q09 Results PresentationJBS RI
 
Presentation on Q1 2009 Earning Report of Yahoo Inc.
Presentation on Q1 2009 Earning Report of Yahoo Inc.Presentation on Q1 2009 Earning Report of Yahoo Inc.
Presentation on Q1 2009 Earning Report of Yahoo Inc.earningreport earningreport
 
Yhoo 1 Q09 Earnings Presentation Final
Yhoo 1 Q09 Earnings Presentation FinalYhoo 1 Q09 Earnings Presentation Final
Yhoo 1 Q09 Earnings Presentation Finalguestdddfda4
 
oe E. Harlan Executive Vice President, Electro and Communications Business
oe E. Harlan Executive Vice President, Electro and Communications Businessoe E. Harlan Executive Vice President, Electro and Communications Business
oe E. Harlan Executive Vice President, Electro and Communications Businessfinance10
 

Similar to St. Lucia - Trade Profile [UWI's Shridath Ramphal Centre] (20)

Grendene - 15th Annual Latin America Conference - Citigroup
Grendene - 15th Annual Latin America Conference - CitigroupGrendene - 15th Annual Latin America Conference - Citigroup
Grendene - 15th Annual Latin America Conference - Citigroup
 
Economy of USA- An Current overview
Economy of USA- An Current overviewEconomy of USA- An Current overview
Economy of USA- An Current overview
 
Earnings Release 2 Q07
Earnings Release 2 Q07Earnings Release 2 Q07
Earnings Release 2 Q07
 
arnings Release 2Q07 Presentation
arnings Release 2Q07 Presentationarnings Release 2Q07 Presentation
arnings Release 2Q07 Presentation
 
2005 - 5th Us Analyst And Investor Meeting Financials
2005 - 5th Us Analyst And Investor Meeting   Financials2005 - 5th Us Analyst And Investor Meeting   Financials
2005 - 5th Us Analyst And Investor Meeting Financials
 
Israel Economy
Israel EconomyIsrael Economy
Israel Economy
 
Sectoral Economic Development Strategy
Sectoral Economic Development StrategySectoral Economic Development Strategy
Sectoral Economic Development Strategy
 
Slides from Conference Call
Slides from Conference CallSlides from Conference Call
Slides from Conference Call
 
Slides from Conference Call
Slides from Conference CallSlides from Conference Call
Slides from Conference Call
 
Read the Earnings Release
Read the Earnings ReleaseRead the Earnings Release
Read the Earnings Release
 
yahoo 3Q08EarningsPreso
yahoo 3Q08EarningsPresoyahoo 3Q08EarningsPreso
yahoo 3Q08EarningsPreso
 
Sun microsystems Q2 2009 earnings releases
Sun microsystems Q2 2009 earnings releasesSun microsystems Q2 2009 earnings releases
Sun microsystems Q2 2009 earnings releases
 
1ª conferência - James S Henry
1ª conferência - James S Henry 1ª conferência - James S Henry
1ª conferência - James S Henry
 
045 Presentacion%20 Colombia%20 December%202009%20(Ingles)
045 Presentacion%20 Colombia%20 December%202009%20(Ingles)045 Presentacion%20 Colombia%20 December%202009%20(Ingles)
045 Presentacion%20 Colombia%20 December%202009%20(Ingles)
 
Yahoo 3q08earningspreso Updated
Yahoo 3q08earningspreso UpdatedYahoo 3q08earningspreso Updated
Yahoo 3q08earningspreso Updated
 
1Q09 Results Presentation
1Q09 Results Presentation1Q09 Results Presentation
1Q09 Results Presentation
 
2013 Landstar presentation
2013 Landstar presentation2013 Landstar presentation
2013 Landstar presentation
 
Presentation on Q1 2009 Earning Report of Yahoo Inc.
Presentation on Q1 2009 Earning Report of Yahoo Inc.Presentation on Q1 2009 Earning Report of Yahoo Inc.
Presentation on Q1 2009 Earning Report of Yahoo Inc.
 
Yhoo 1 Q09 Earnings Presentation Final
Yhoo 1 Q09 Earnings Presentation FinalYhoo 1 Q09 Earnings Presentation Final
Yhoo 1 Q09 Earnings Presentation Final
 
oe E. Harlan Executive Vice President, Electro and Communications Business
oe E. Harlan Executive Vice President, Electro and Communications Businessoe E. Harlan Executive Vice President, Electro and Communications Business
oe E. Harlan Executive Vice President, Electro and Communications Business
 

More from Office of Trade Negotiations (OTN), CARICOM Secretariat

More from Office of Trade Negotiations (OTN), CARICOM Secretariat (20)

WEF Global Competitiveness Report 2014-15
WEF Global Competitiveness Report 2014-15WEF Global Competitiveness Report 2014-15
WEF Global Competitiveness Report 2014-15
 
2014 Annual Report - World Trade Organization (WTO)
2014 Annual Report - World Trade Organization (WTO)2014 Annual Report - World Trade Organization (WTO)
2014 Annual Report - World Trade Organization (WTO)
 
the Association of Caribbean States (ACS): 1994-2014 - 20 Years Promoting Coo...
the Association of Caribbean States (ACS): 1994-2014 - 20 Years Promoting Coo...the Association of Caribbean States (ACS): 1994-2014 - 20 Years Promoting Coo...
the Association of Caribbean States (ACS): 1994-2014 - 20 Years Promoting Coo...
 
TTIP: The Economic Analysis Explained
TTIP: The Economic Analysis ExplainedTTIP: The Economic Analysis Explained
TTIP: The Economic Analysis Explained
 
2014 National Trade Estimate Report on Foreign Trade Barriers
2014 National Trade Estimate Report on Foreign Trade Barriers2014 National Trade Estimate Report on Foreign Trade Barriers
2014 National Trade Estimate Report on Foreign Trade Barriers
 
OTN - Private Sector Trade Note - Vol 2 2014 - CARICOM-Ghana Trade
OTN - Private Sector Trade Note - Vol 2 2014 - CARICOM-Ghana TradeOTN - Private Sector Trade Note - Vol 2 2014 - CARICOM-Ghana Trade
OTN - Private Sector Trade Note - Vol 2 2014 - CARICOM-Ghana Trade
 
2014-03-03 OTN Special Update (The Focus of the WTO MC9)
2014-03-03 OTN Special Update (The Focus of the WTO MC9)2014-03-03 OTN Special Update (The Focus of the WTO MC9)
2014-03-03 OTN Special Update (The Focus of the WTO MC9)
 
OTN Special Update - Economic and Trade Policies Related to Diet and Obesity ...
OTN Special Update - Economic and Trade Policies Related to Diet and Obesity ...OTN Special Update - Economic and Trade Policies Related to Diet and Obesity ...
OTN Special Update - Economic and Trade Policies Related to Diet and Obesity ...
 
WTO Trade Facilitation Agreement - A Business Guide for Developing Countries ...
WTO Trade Facilitation Agreement - A Business Guide for Developing Countries ...WTO Trade Facilitation Agreement - A Business Guide for Developing Countries ...
WTO Trade Facilitation Agreement - A Business Guide for Developing Countries ...
 
OTN - Private Sector Trade Note - vol 4 2013
OTN - Private Sector Trade Note - vol 4 2013OTN - Private Sector Trade Note - vol 4 2013
OTN - Private Sector Trade Note - vol 4 2013
 
The CARICOM Common External Tariff (CET) – The Tariff Structure
The CARICOM Common External Tariff (CET) – The Tariff StructureThe CARICOM Common External Tariff (CET) – The Tariff Structure
The CARICOM Common External Tariff (CET) – The Tariff Structure
 
Innovation for Economic Performance the Case of Latin American Firms
Innovation for Economic Performance the Case of Latin American FirmsInnovation for Economic Performance the Case of Latin American Firms
Innovation for Economic Performance the Case of Latin American Firms
 
Caribbean Community Regional Aid for Trade Strategy 2013–2015 Caribbean Commu...
Caribbean Community Regional Aid for Trade Strategy 2013–2015 Caribbean Commu...Caribbean Community Regional Aid for Trade Strategy 2013–2015 Caribbean Commu...
Caribbean Community Regional Aid for Trade Strategy 2013–2015 Caribbean Commu...
 
CARIFESTA XI -Travel Guide
CARIFESTA XI -Travel GuideCARIFESTA XI -Travel Guide
CARIFESTA XI -Travel Guide
 
Details of the Post Technical Advisor Investment and Private Sector Office of...
Details of the Post Technical Advisor Investment and Private Sector Office of...Details of the Post Technical Advisor Investment and Private Sector Office of...
Details of the Post Technical Advisor Investment and Private Sector Office of...
 
CARICOM View: 40 years of integration, come celebrate with us
CARICOM View:     40 years of integration, come celebrate with usCARICOM View:     40 years of integration, come celebrate with us
CARICOM View: 40 years of integration, come celebrate with us
 
OTN - Private Sector Trade Note - Vol 3 2013
OTN - Private Sector Trade Note - Vol 3 2013OTN - Private Sector Trade Note - Vol 3 2013
OTN - Private Sector Trade Note - Vol 3 2013
 
Aid for Trade: Case Study - Caribbean Aid for Trade (AfT) and Regional Integr...
Aid for Trade: Case Study - Caribbean Aid for Trade (AfT) and Regional Integr...Aid for Trade: Case Study - Caribbean Aid for Trade (AfT) and Regional Integr...
Aid for Trade: Case Study - Caribbean Aid for Trade (AfT) and Regional Integr...
 
OTN Special Update - Innovation - A New Frontier in Trade Multilateralism [20...
OTN Special Update - Innovation - A New Frontier in Trade Multilateralism [20...OTN Special Update - Innovation - A New Frontier in Trade Multilateralism [20...
OTN Special Update - Innovation - A New Frontier in Trade Multilateralism [20...
 
WTO Report - The Future of Trade: The Challenges of Convergence
WTO Report - The Future of Trade: The Challenges of ConvergenceWTO Report - The Future of Trade: The Challenges of Convergence
WTO Report - The Future of Trade: The Challenges of Convergence
 

St. Lucia - Trade Profile [UWI's Shridath Ramphal Centre]

  • 1. Population: 172,000 SAINT LUCIA Area: 619 sq km (238 sq miles) MAIN ECONOMIC INDICATORS 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 GDP ($US, billions) 0.71 0.69 0.71 0.75 0.80 0.88 0.93 0.96 1.00 0.97 1.00 GDP (% change) 0.0 -4.1 0.6 3.5 3.8 4.4 4.8 1.5 0.7 -5.2 1.1 GDP per capita ($US) 4,535 4,351 4,430 4,656 4,932 5,336 5,594 5,700 5,863 5,671 5,778 Current account balance ($US, billions) -0.10 -0.11 -0.11 -0.11 -0.09 -0.15 -0.28 -0.30 -0.31 -0.20 -0.21 Current account balance (% of GDP) -13.4 -15.6 -15.0 -14.7 -10.9 -17.1 -30.2 -31.3 -30.7 -20.0 -21.2 Inflation (% change) 3.7 5.4 -0.3 1.0 1.5 3.9 3.6 1.9 7.2 0.6 1.7 Unemployment+ (%) 17 - 15 22 21 - - - - - - GDP (% change) Inflation (% change) GDP Current account balance 6.5 1.05 0.85 4.5 0.65 2.5 $US Billions 0.45 % 0.5 0.25 -1.5 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 0.05 -3.5 -0.15 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 -5.5 -0.35 Source: IMF World Economic Outlook April 2010 + Source: The World Bank - http://databank.worldbank.org *Numbers in italics represent estimates
  • 2. Population: 172,000 SAINT LUCIA Area: 619 sq km (238 sq miles) MAIN TRADE INDICATORS – GOODS 2004 2005 2006 2007 2008 Trade Balance ($US thousands) -341,800 -421,555 -498,622 -561,453 -4,075,530 Total Exported Value ($US thousands) 79,782 64,220 93,746 52,455 117,063 Total Imported Value ($US thousands) 421,582 485,775 592,368 613,908 4,192,593 Top 10 Markets by % of Total Exported Value (2007) Top 10 Markets by % of Total Imported Value (2007) United Kingdom 26% United States of America 42% Trinidad and Tobago 24% Trinidad and Tobago 20% United States of America 14% Japan 6% Barbados 12% United Kingdom 5% Dominica 5% Barbados 4% St Vincent & the Grenadines 5% Thailand 2% Antigua and Barbuda 4% Canada 2% Grenada 4% Finland 1% St Kitts and Nevis 1% France 1% France 1% Panama 1% Electrical, Top 5 Exports by % of Total Exported Value (2008) Commodities electronic Top 5 Imports by % of Total Exported Value (2008) not elsewhere Nuclear reactors, equipment, Vehicles other than boilers, machinery, specified, 10% 0.7% Commodities not railway, tramway, 0.7% elsewhere 0.8% Edible fruit, Beverages, specified, 0.6% nuts, peel of spirits and citrus fruit, vinegar, 10% melons, 28% Electrical, electronic Mineral fuels, equipment, 11% Mineral fuels, oils, oils, distillation distillation products, 20% products, 91% Source: International Trade Centre – www.trademap.org
  • 3. Population: 172,000 SAINT LUCIA Area: 619 sq km (238 sq miles) MAIN TRADE INDICATORS – SERVICES 2004 2005 2006 2007 2008 Trade Balance ($US thousands) 219,410 251,720 174,680 168,360 180,600 Total Exported Value ($US thousands) 367,150 423,430 343,560 356,110 361,910 Total Imported Value ($US thousands) 147,740 171,710 168,880 187,750 181,310 Top Exports by % of Total Exported Value (2007) Top Imports by % of Total Imported Value (2007) Travel 83% Transportation 43% Travel 22% Other business services 8% Other business services 21% Transportation 5% Insurance services 8% Communications services 2% Government services 3% Insurance services 2% Communications services 2% Government services 0.5% Royalties and license fees 1% Source: International Trade Centre – www.trademap.org