Page 127 - Caribbean-Central America Profile 2018
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ST. LUCIA



                                       CARIBBEAN-CENTRAL AMERICA PROFILE 2018


        The types of involvement could be:    Country Profile
        •  Equity partnership or total investment                                           1990   2000   2010   2016
        •  Joint ventures                     World view
        •  Strategic  alliances  and/or partnerships with   Population, total (millions)     0.14   0.16   0.17   0.18
          internationally recognized operators  Population growth (annual %)                  1.6    1.1    0.9   0.5
                                              Surface area (sq. km) (thousands)
                                                                                              0.6
                                                                                                            0.6
                                                                                                     0.6
                                                                                                                  0.6
                                              Population density (people per sq. km of land area)  226.5  257.3  282.9  291.8
        INFRASTRUCTURE – HARD AND SOFT        Poverty headcount ratio at national poverty lines (% of population)  ..  ..  ..  ..
        Saint Lucia’s economy provides the environment   Poverty headcount ratio at $1.90 a day (2011 PPP) (% of population)  ..  ..  ..  ..
        for companies to finance, build, and operate   GNI, Atlas method (current US$) (billions)  0.45  0.72  1.16  1.37
        infrastructure assets.  The Government of   GNI per capita, Atlas method (current US$)  3,280  4,620  6,740  7,670
                                                                                             0.77
                                                                                                    1.17
                                              GNI, PPP (current international $) (billions)
                                                                                                                  2.02
                                                                                                           1.77
        Saint Lucia has embraced the public private   GNI per capita, PPP (current international $)  5,560  7,480  10,280  11,370
        partnership (PPP) model, recognizing the   People
        benefits private-sector participation provides,   Income share held by lowest 20%      ..     ..     ..    ..
        including innovation, operational efficiencies and   Life expectancy at birth, total (years)  71  71  74   75
        alleviating pressure on public finances. Cabinet   Fertility rate, total (births per woman)  3.4  2.2  1.5  1.5
        may  by order published in  the Gazette grant   Adolescent fertility rate (births per 1,000 women ages 15-19)  105  65  58  53
                                                                                                     47
        special incentives in respect of those specially   Contraceptive prevalence, any methods (% of women ages 15-49)  47 ..  100  56  .. ..
                                                                                                            99
                                              Births attended by skilled health staff (% of total)
        qualified investments within this sector.
                                              Mortality rate, under 5 (per 1,000 live births)  23    18     16     14
        Opportunities for investments in Hard   Prevalence of underweight, weight for age (% of children under 5)  82 ..  88 ..  2.8  99 ..
                                                                                                            95
                                              Immunization, measles (% of children ages 12-23 months)
        Infrastructure include:               Primary completion rate, total (% of relevant age group)  124  105  108  ..
        •  Airports                           School enrollment, primary (% gross)           141.6  103.5  100.3   ..
        •  Seaports                           School enrollment, secondary (% gross)          49     74     95     85
        •  Bridges                            School enrollment, primary and secondary (gross), gender parity index (GPI)  1 ..  1 ..  1 ..  .. ..
                                              Prevalence of HIV, total (% of population ages 15-49)
        •  Roads                              Environment
        •  Highways                           Forest area (sq. km) (thousands)                0.2    0.2    0.2   0.2
                                              Terrestrial and marine protected areas (% of total territorial area)  0.6  0.6  ..  0.7
        Opportunities for investments in Soft   Annual freshwater withdrawals, total (% of internal resources)  ..  ..  14.3  14.3
        Infrastructure include:               Improved water source (% of population with access)  93  94   96     96
        •  Health care facilities             Improved sanitation facilities (% of population with access)  78  83  89  91
                                                                                              2.6
        •  Research institutions/facilities   Urban population growth (annual %)              405    0.4 ..  -3.1  0.7 ..
                                                                                                           765
                                              Energy use (kg of oil equivalent per capita)
        •  Reputable offshore universities    CO2 emissions (metric tons per capita)         1.17   2.10   2.34   2.31
        •  Voice and call centre operations   Electric power consumption (kWh per capita)      ..     ..     ..    ..
                                              Economy
        •  Business process outsourcing (BPO)  GDP (current US$) (billions)                  0.48   0.78   1.24   1.38
        •  Knowledge process outsourcing (KPO)   GDP growth (annual %)                        7.8   -0.2   -1.7   0.7
          operations                          Inflation, GDP deflator (annual %)              8.1    1.3    7.0   -4.3
        •  Technology  and  hospitality  training  Agriculture, value added (% of GDP)        12      6      3     3
          institutions                        Industry, value added (% of GDP)                15     17     16     14
        •  Alternative energy production      Services, etc., value added (% of GDP)          73     77     81     83
                                              Exports of goods and services (% of GDP)
                                                                                              60
                                                                                                     48
                                                                                                            49
                                                                                                                   48
                                              Imports of goods and services (% of GDP)        69     57     63     53
        CITIZENSHIP BY INVESTMENT             Gross capital formation (% of GDP)              20     27     28     21
        PROGRAMME                             Revenue, excluding grants (% of GDP)             ..   22.9   23.1   24.1
        The Citizenship by Investment Programme was   Net lending (+) / net borrowing (-) (% of GDP)  ..  -1.1  -0.6  -3.0
                                              States and markets
        established in January 2016 as a framework   Time required to start a business (days)  ..     ..    14     11
        under which Saint Lucian citizenship  can be   Domestic credit provided by financial sector (% of GDP)  48.2  70.6  112.2  96.6
        obtained following a quantum of investment in   Tax revenue (% of GDP)                 ..   20.3   21.7   22.9
        one of four programs:                 Military expenditure (% of GDP)                  ..     ..     ..    ..
        •  Saint Lucia National Economic Fund  Mobile cellular subscriptions (per 100 people)  0.0   1.6  111.7   94.8
                                              Individuals using the Internet (% of population)  0.0  5.1   43.3   46.7
        •  Real Estate Projects               High-technology exports (% of manufactured exports)  1  6     17     5
        •  Enterprise Projects                Overall level of statistical capacity (scale 0-100)  ..  ..   60     64
                                              Global links
        •  Government Bonds                   Merchandise trade (% of GDP)                    82     51     71     52
                                              Net barter terms of trade index (2000 = 100)     ..    100   103     123
        Citizenship by Investment Unit        External debt stocks, total (DOD, current US$) (millions)  79  222  580  529
        5th Floor, Francis Compton Building   Total debt service (% of exports of goods, services and primary income)  2.2  7.9  7.4  10.6
        Waterfront, Castries                  Net migration (thousands)                        -5     0      0     ..
                                                                                                            29
        Saint Lucia, LC04 301                 Personal remittances, received (current US$) (millions)  16  24  121  30
                                              Foreign direct investment, net inflows (BoP, current US$) (millions)
                                                                                                     54
                                                                                                                   95
                                                                                              45
        Tel: (758) 458-6050                   Net official development assistance received (current US$) (millions)  12.3  11.1  41.2  13.2
                                             Figures in italics refer to periods other than those specified.                        Source: World Development Indicators database.
                                                                                               JTZ Publishing  B-91
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