St. Lucia: Statistical Annex
Electronic Access:
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Summary:
This paper reviews economic development in St. Lucia during 1993–98. Economic performance weakened in St. Lucia during 1995–97. Real GDP growth declined to an average of about 2½ percent a year during this period, after averaging more than 6 percent over the previous 10-year period. A key element in this decline was the contraction in banana production by one-third, to 71,000 tons in 1997. Brisk growth in tourism offset this decline to some extent, with annual average real earnings increasing by more than 6 percent.
Series:
Country Report No. 1999/038
Subject:
Agricultural commodities Commercial banks Commodities Credit Economic sectors Exports Financial institutions International trade Public sector Revenue administration
English
Publication Date:
May 12, 1999
ISBN/ISSN:
9781451823158/1934-7685
Stock No:
1LCAEA0011999
Pages:
48
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