National economic production has experienced both structural change and growth since the 1960s. Traditionally dependent on agriculture, St. Lucia was dramatically transformed in the 1960s from a sugar-based economy to one dedicated to banana production. This trend improved the economic situation of the small farmer because banana crops, unlike sugar, could be produced on small plots.

The economy experienced very little growth in 1980-81 because of hurricane damage.

Data as of November 1987

Data as of November 1987

NOTE: The information regarding Commonweath of Caribbean Islands on this page is re-published from The Library of Congress Country Studies and the CIA World Factbook. No claims are made regarding the accuracy of Saint Lucia macroeconomic Overview information contained here. All suggestions for corrections of any errors about Saint Lucia Macroeconomic Overview should be addressed to the Library of Congress and the CIA.