Fiscal Balance in Saint Lucia
The fiscal balance averaged -1.7% of GDP in the decade to 2023, same level as the average of % of GDP. The fiscal balance in Saint Lucia in 2023 was 0.7% of GDP. For more information on fiscal balance, visit our dedicated page
Saint Lucia Fiscal Balance Chart
Note: This chart displays Fiscal Balance (% of GDP) for Saint Lucia from 2014 to 2023.
Source: Macrobond.
Saint Lucia Fiscal Balance Data
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Fiscal Balance (% of GDP) | -7.6 | -1.7 | 1.2 | 0.7 | - |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Saint Lucian fiscal balance projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable fiscal balance forecast available for Saint Lucian fiscal balance.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Saint Lucian fiscal balance projections.
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