Tax revenue in Saint Lucia
Saint Lucia: Tax revenue was 18.2% in 2017. ▲ Rising
Tax revenue in Saint Lucia, 2000–2017
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for tax revenue in Saint Lucia is 18.2%, measured in 2017.
Compared with earlier readings it is down 4.8% on the previous year and down 0.2% over ten years.
Over the whole period, tax revenue in Saint Lucia peaked at 19.1% in 2016 and was at its lowest, 16.2%, in 2003.
That places Saint Lucia 65th out of 157 countries with data for 2017, putting it in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Tax revenue in Saint Lucia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2000 | 17.1% | — |
| 2001 | 16.5% | -3.3% |
| 2002 | 16.7% | +1.1% |
| 2003 | 16.2% | -3.0% |
| 2004 | 17.2% | +6.5% |
| 2005 | 17.6% | +2.5% |
| 2006 | 17.6% | -0.0% |
| 2007 | 18.3% | +3.6% |
| 2008 | 18.7% | +2.3% |
| 2009 | 19.1% | +2.4% |
| 2010 | 18.2% | -4.8% |
| 2011 | 18.0% | -0.9% |
| 2012 | 17.2% | -5.0% |
| 2013 | 18.2% | +5.9% |
| 2014 | 18.1% | -0.3% |
| 2015 | 18.7% | +3.3% |
| 2016 | 19.1% | +2.3% |
| 2017 | 18.2% | -4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.5% | 16.2% | 19.1% | 10 |
| 2010s | 18.2% | 17.2% | 19.1% | 8 |
Countries ranked near Saint Lucia
More public sector data for Saint Lucia
- 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)
- Capital stock, General government, Constant prices, Purchasing power 1.79 (2019)
- Taxes on goods and services 34.8% (2017)
- Net investment in nonfinancial assets 4.0% (2017)
- Capital stock, General government, Current prices, Domestic currency 0 units per person (2019)
- Capital stock, General government, Current prices, Domestic currency 0 units per US$ of GDP (2019)
- Net lending (+) / net borrowing (-) -0.9% (2017)
- Capital stock, General government, Current prices, Domestic currency 0.0074 units per square kilometre (2019)
Frequently asked questions
- What is tax revenue in Saint Lucia?
- Tax revenue in Saint Lucia was 18.2% in 2017, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Saint Lucia?
- The highest recorded value was 19.1% in 2016.
- What is the lowest tax revenue recorded in Saint Lucia?
- The lowest recorded value was 16.2% in 2003.
- How does Saint Lucia rank for tax revenue?
- Saint Lucia ranks 65th out of 157 countries with data for 2017.
- Is tax revenue rising or falling in Saint Lucia?
- Over the last ten years it is down 0.2%. The long-run trend across the full record is rising.
- 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 Tax revenue (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.