Current Account Balance: Saint Lucia
Saint Lucia's current account balance is currently -1 % of GDP as of 2026. # Saint Lucia Current Account Balance Saint Lucia's current account balance stands at -1% of GDP in 2026, reflecting a modest external deficit.
Current (2026)
-1 % of GDP
+33.3% y/y
Peak (2019)
3.3 % of GDP
Low (2006)
-29.4 % of GDP
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Current Account Balance — Saint Lucia
1980 — 2026
Current Account Balance — Saint Lucia
Analysis# Saint Lucia Current Account Balance
Saint Lucia's current account balance stands at -1% of GDP in 2026, reflecting a modest external deficit. The island nation has experienced substantial volatility since 1980, ranging from a peak of 3.3% in 2019 to a severe low of -29.4% in 2006. Overall, the metric has shifted 93.4% since 1980, indicating structural changes in the economy's external position. The current deficit remains far removed from both historical extremes, suggesting stabilization around a sustainable level.
The COVID-19 pandemic created a dramatic turning point, with the balance plummeting to -18.8% in 2020 before gradually recovering. From 2021 onward, deficits have narrowed considerably, declining from -11.3% to -1%. Projections through 2026 indicate the deficit will remain modest and stable near -1%, suggesting Saint Lucia's external accounts have reached equilibrium after years of adjustment following the pandemic shock.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | -0.5 % of GDP | +0.00% |
| 2029 | -0.5 % of GDP | +16.67% |
| 2028 | -0.6 % of GDP | +14.29% |
| 2027 | -0.7 % of GDP | +30.00% |
| 2026 | -1 % of GDP | +33.33% |
| 2025 | -1.5 % of GDP | -50.00% |
| 2024 | -1 % of GDP | +37.50% |
| 2023 | -1.6 % of GDP | +55.56% |
| 2022 | -3.6 % of GDP | +68.14% |
| 2021 | -11.3 % of GDP | +39.89% |
| 2020 | -18.8 % of GDP | -669.70% |
| 2019 | 3.3 % of GDP | +120.00% |
| 2018 | 1.5 % of GDP | +178.95% |
| 2017 | -1.9 % of GDP | +69.84% |
| 2016 | -6.3 % of GDP | -1160.00% |
| 2015 | -0.5 % of GDP | +79.17% |
| 2014 | -2.4 % of GDP | +63.08% |
| 2013 | -6.5 % of GDP | +35.00% |
| 2012 | -10 % of GDP | +30.07% |
| 2011 | -14.3 % of GDP | -12.60% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | -12.7 % of GDP | -49.41% |
| 2009 | -8.5 % of GDP | +65.16% |
| 2008 | -24.4 % of GDP | -31.89% |
| 2007 | -18.5 % of GDP | +37.07% |
| 2006 | -29.4 % of GDP | -89.68% |
| 2005 | -15.5 % of GDP | -4.03% |
| 2004 | -14.9 % of GDP | +28.71% |
| 2003 | -20.9 % of GDP | -18.75% |
| 2002 | -17.6 % of GDP | +6.38% |
| 2001 | -18.8 % of GDP | -5.62% |
| 2000 | -17.8 % of GDP | -48.33% |
| 1999 | -12 % of GDP | -73.91% |
| 1998 | -6.9 % of GDP | +29.59% |
| 1997 | -9.8 % of GDP | -34.25% |
| 1996 | -7.3 % of GDP | -52.08% |
| 1995 | -4.8 % of GDP | +29.41% |
| 1994 | -6.8 % of GDP | +6.85% |
| 1993 | -7.3 % of GDP | +12.05% |
| 1992 | -8.3 % of GDP | +30.83% |
| 1991 | -12 % of GDP | -17.65% |
| 1990 | -10.2 % of GDP | +24.44% |
| 1989 | -13.5 % of GDP | -213.95% |
| 1988 | -4.3 % of GDP | -22.86% |
| 1987 | -3.5 % of GDP | -118.75% |
| 1986 | -1.6 % of GDP | -128.57% |
| 1985 | -0.7 % of GDP | +79.41% |
| 1984 | -3.4 % of GDP | -1233.33% |
| 1983 | 0.3 % of GDP | +102.46% |
| 1982 | -12.2 % of GDP | +29.48% |
| 1981 | -17.3 % of GDP | -14.57% |
| 1980 | -15.1 % of GDP | — |
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Demographics
People & population data
No demographic data available.