[1] (202) 364-6792 through 6795
FAX: [1] (202) 364-6723
consulate(s) general: Miami and New York

Diplomatic representation from the US:
the US does not have an embassy in Saint Lucia; the US Ambassador
to Barbados, Ambassador Mary E. KRAMER, is accredited to Saint Lucia

Flag description:
blue, with a gold isosceles triangle below a black arrowhead; the
upper edges of the arrowhead have a white border

Economy Saint Lucia

Economy - overview:
Changes in the EU import preference regime and the increased
competition from Latin American bananas have made economic
diversification increasingly important in Saint Lucia. The island
nation has been able to attract foreign business and investment,
especially in its offshore banking and tourism industries. The
manufacturing sector is the most diverse in the Eastern Caribbean
area, and the government is trying to revitalize the banana
industry. Economic fundamentals remain solid.

GDP:
purchasing power parity - $866 million (2002 est.)

GDP - real growth rate:
3.3% (2002 est.)

GDP - per capita:
purchasing power parity - $5,400 (2002 est.)

GDP - composition by sector:
agriculture: 7%
industry: 20%
services: 73% (2002 est.)

Population below poverty line:
NA

Household income or consumption by percentage share:
lowest 10%: NA
highest 10%: NA

Inflation rate (consumer prices):
3% (2001 est.)

Labor force:
43,800 (2001 est.)

Labor force - by occupation:
agriculture 21.7%, industry, commerce, and manufacturing 24.7%,
services 53.6% (2002 est.)

Unemployment rate:
16.5% (1997 est.)

Budget:
revenues: $141.2 million
expenditures: $146.7 million, including capital expenditures of
$25.1 million (2000 est.)

Agriculture - products:
bananas, coconuts, vegetables, citrus, root crops, cocoa

Industries:
clothing, assembly of electronic components, beverages, corrugated
cardboard boxes, tourism, lime processing, coconut processing

Industrial production growth rate:
-8.9% (1997 est.)

Electricity - production:
120.2 million kWh (2001)

Electricity - consumption:
111.8 million kWh (2001)

Electricity - exports:
0 kWh (2001)

Electricity - imports:
0 kWh (2001)

Oil - production:
0 bbl/day (2001 est.)

Oil - consumption:
2,400 bbl/day (2001 est.)

Oil - exports:
NA (2001)

Oil - imports:
NA (2001)

Exports:
$66 million (2002 est.)

Exports -