St. Lucia Economy - 1986

GEOGRAPHICAL NAMES 

GDP: 8148.1 million (1984), $1 105 per capita; 5.0% real GDP growth (1984)

Natural resources: forests, beaches, minerals (pumice), mineral springs

Agriculture: main crops—bananas, coconuts, sugar, cocoa, spices

Major industries, garments, electronic components, beverages, corrugated boxes, tourism, lime processing, tropical agriculture

Shortages: food, machinery, capital goods

Electric power: 20,000 kW capacity (1985); 75 million kWh produced (1985), 615 kWh per capita

Exports: $49.7 million (f.o.b., 1983); bananas, cocoa

Imports: $106.8 million (c.i.f., 1983); foodstuffs, machinery and equipment, fertilizers, petroleum products

Major trade partners: exports—58% UK, 16% US, 24% CARICOM; impcrts—37% US, 13% UK, 17% CARICOM, 9% Trinidad and Tobago (1984 est.)

Aid: economic—bilateral commitments, ODA and OOF, Western (non-US) countries (1970-81), $34 million; no military aid

Budget: (FY84) revenues, $61 million; expenditures $64 million

Monetary conversion rate: 2.70 East Caribbean dollars=US$ 1 (December 1985)

NOTE: The information regarding St. Lucia on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of St. Lucia 1986 information contained here. All suggestions for corrections of any errors about St. Lucia 1986 should be addressed to the CIA or the source cited on each page.