Constant GDP per capita for St. Lucia
NYGDPPCAPKDLCA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,854.95
Year-over-Year Change
12.72%
Date Range
1/1/1977 - 1/1/2024
Summary
The 'Constant GDP per capita for St. Lucia' measures the total economic output of St. Lucia divided by its population, adjusted for inflation. This metric provides insight into the country's standard of living and economic development.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the real (inflation-adjusted) gross domestic product (GDP) per capita in St. Lucia over time. GDP per capita is a widely used indicator of a country's economic performance and living standards, as it reflects the total economic output divided across the population.
Methodology
The data is calculated by the World Bank using national accounts and population data.
Historical Context
Economists and policymakers use this metric to assess St. Lucia's economic progress and living standards compared to other countries.
Key Facts
- St. Lucia's constant GDP per capita was $11,305 in 2021.
- GDP per capita in St. Lucia grew by 2.8% on average from 2010 to 2020.
- St. Lucia's GDP per capita is higher than the Caribbean regional average.
FAQs
Q: What does this economic trend measure?
A: The 'Constant GDP per capita for St. Lucia' measures the total economic output of St. Lucia divided by its population, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into St. Lucia's standard of living and economic development, which is useful for economists and policymakers analyzing the country's economic performance.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and population data.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess St. Lucia's economic progress and living standards compared to other countries.
Q: Are there update delays or limitations?
A: The data is published annually with a delay, and may be subject to revisions by the World Bank.
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Net migration for St. Lucia
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Number of Identified Exporters to Saint Lucia from Hawaii
HILCAA475SCEN
Value of Exports to Saint Lucia from Arizona
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Value of Exports to Saint Lucia from Idaho
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Citation
U.S. Federal Reserve, Constant GDP per capita for St. Lucia (NYGDPPCAPKDLCA), retrieved from FRED.