Saint Lucia Oil production Saint Lucia Electricity production

Saint Lucia Economy

Economy - overview:changes in the eu import preference regime and the increased competition from latin american bananas have made economic diversification increasingly important in saint lucia. the island nation has been able to attract foreign business and investment. especially in its offshore banking and tourism industries. the manufacturing sector is the most diverse in the eastern caribbean area. and the government is trying to revitalize the banana industry. economic fundamentals remain solid. even though unemployment needs to be cut.

GDP (purchasing power parity) : $866 million (2002 est.)

Inflation rate: 3% (2001 est.)

Labor force : 43.800 (2001 est.)

Industries: clothing. assembly of electronic components. beverages. corrugated cardboard boxes. tourism. lime processing. coconut processing

Saint Lucia

			Over view
			Geography
			People
			Government
			Economy
			Communications
			Transportation
			Militry

Saint Lucia More Facts

Electricity - production: 281 million kwh (2003)

Oil - production: 0 bbl/day (2003 est.)

Saint Lucia More Facts

Exports: $82 million (2004 est.)

Imports : $410 million (2004 est.)
Currency (code) : east caribbean dollar (xcd)