Budget balance — all countries

Budget balance — Saint Lucia

Budget balance in Saint Lucia in 2031 — -2.4%. Ranked 95 in the world out of 188. Since 1985, the indicator has fallen by 0.9 pp.

2031 -2.4% −0.1 pp vs 2030
World rank 95of 188
Period maximum 2.2%1998
Period minimum -11.5%2020

Trend over time

1985–2031 · % of GDP

Budget balance — Saint Lucia, 1985–2031-15-10-50519851990199520002005201020152020202520301985: -1.5%1986: -1.6%1987: 0.6%1988: 2%1989: 0.9%1990: 0.3%1991: -0.4%1992: -0.7%1993: -0.3%1994: 0%1995: -0.1%1996: -0.6%1997: -1.1%1998: 2.2%1999: 1.6%2000: -1.2%2001: -3.1%2002: -3%2003: -3.2%2004: -2.6%2005: -6%2006: -5%2007: -1.6%2008: -0.7%2009: -2.6%2010: -4.1%2011: -5.4%2012: -6.9%2013: -4%2014: -2.3%2015: -1.2%2016: -1.5%2017: -2.1%2018: -1.2%2019: -2.9%2020: -11.5%2021: -5.4%2022: -2.5%2023: -3.2%2024: -1.8%2025: -2.9%2026: -2.9%2027: -2.9%2028: -2.7%2029: -2.5%2030: -2.3%2031: -2.4%
Change over the period: −0.9 pp Annual average: -0.02 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Saint Lucia

Saint Lucia -2.4%
World computed -4.85%
Latin America & Caribbean computed -3.31%
Budget balance — Saint Lucia, by year Saint Lucia All countries CSV XLSX
Year % Change, pp
2031 -2.4 −0.1 pp
2030 -2.3 +0.2 pp
2029 -2.5 +0.2 pp
2028 -2.7 +0.2 pp
2027 -2.9 +0 pp
2026 -2.9 +0 pp
2025 -2.9 −1.1 pp
2024 -1.8 +1.4 pp
2023 -3.2 −0.7 pp
2022 -2.5 +2.9 pp
2021 -5.4 +6.1 pp
2020 -11.5 −8.6 pp
2019 -2.9 −1.7 pp
2018 -1.2 +0.9 pp
2017 -2.1 −0.6 pp
2016 -1.5 −0.3 pp
2015 -1.2 +1.1 pp
2014 -2.3 +1.7 pp
2013 -4 +2.9 pp
2012 -6.9 −1.5 pp
2011 -5.4 −1.3 pp
2010 -4.1 −1.5 pp
2009 -2.6 −1.9 pp
2008 -0.7 +0.9 pp
2007 -1.6 +3.4 pp
2006 -5 +1 pp
2005 -6 −3.4 pp
2004 -2.6 +0.6 pp
2003 -3.2 −0.2 pp
2002 -3 +0.1 pp
2001 -3.1 −1.9 pp
2000 -1.2 −2.8 pp
1999 1.6 −0.6 pp
1998 2.2 +3.3 pp
1997 -1.1 −0.5 pp
1996 -0.6 −0.5 pp
1995 -0.1 −0.1 pp
1994 0 +0.3 pp
1993 -0.3 +0.4 pp
1992 -0.7 −0.3 pp
1991 -0.4 −0.7 pp
1990 0.3 −0.6 pp
1989 0.9 −1.1 pp
1988 2 +1.4 pp
1987 0.6 +2.2 pp
1986 -1.6 −0.1 pp
1985 -1.5

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.