Net incurrence of liabilities, total (% of GDP) in Saint Lucia
Saint Lucia: Net incurrence of liabilities, total (% of GDP) was -0.6% in 2010. ◆ Volatile
Net incurrence of liabilities, total in Saint Lucia, 2000–2010
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2010, net incurrence of liabilities, total in Saint Lucia stood at -0.6%. That is the lowest value across all 11 years on record.
That represents a change of down 247.2% on the previous year and down 783.8% over ten years.
Over the whole period, net incurrence of liabilities, total in Saint Lucia peaked at 9.3% in 2002 and was at its lowest, -0.6%, in 2010.
Saint Lucia ranks 127th of 136 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total (% of GDP) in Saint Lucia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2000 | 0.1% | — |
| 2001 | 3.4% | +3961.5% |
| 2002 | 9.3% | +168.5% |
| 2003 | 8.7% | -6.4% |
| 2004 | 0.8% | -90.8% |
| 2005 | 4.5% | +469.2% |
| 2006 | 4.4% | -3.0% |
| 2007 | 3.1% | -29.6% |
| 2008 | 1.2% | -60.7% |
| 2009 | 0.4% | -67.7% |
| 2010 | -0.6% | -247.2% |
Saint Lucia compared with similar countries
- Saint Lucia's -0.6% is below the median for upper middle income countries, which is 2.9%. (47 countries reporting)
- Saint Lucia's -0.6% is below the median for Latin America & Caribbean, which is 2.7%. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.6% | 0.1% | 9.3% | 10 |
| 2010s | -0.6% | -0.6% | -0.6% | 1 |
Countries ranked near Saint Lucia
- 124 Netherlands -0.1%
- 125 Bolivia -0.3% compare
- 126 Iraq -0.4%
- 128 Angola -0.7% compare
- 129 Jamaica -0.9% compare
- 130 Saint Kitts and Nevis -1.0% compare
More public sector data for Saint Lucia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Tax revenue 18.2% (2017)
- Capital stock, General government, Current prices, Domestic currency 4.54 (2019)
- Taxes on income, profits and capital gains 22.7% (2017)
- Capital stock, General government, Constant prices, Percent of GDP 79.09 (2019)
Frequently asked questions
- What is net incurrence of liabilities, total in Saint Lucia?
- Net incurrence of liabilities, total in Saint Lucia was -0.6% in 2010, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Saint Lucia?
- The highest recorded value was 9.3% in 2002.
- What is the lowest net incurrence of liabilities, total recorded in Saint Lucia?
- The lowest recorded value was -0.6% in 2010.
- How does Saint Lucia rank for net incurrence of liabilities, total?
- Saint Lucia ranks 127th out of 136 countries with data for 2010.
- Is net incurrence of liabilities, total rising or falling in Saint Lucia?
- Over the last ten years it is down 783.8%. The long-run trend across the full record is volatile.
- Where does this Saint Lucia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.