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Government Finance of Saint Lucia

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

10.2% 10.0% 11.1% 64.5%
  • Personal income taxes: 10.2%
  • Corporate income taxes: 10.0%
  • Social security contributions: 11.1%
  • Property taxes: 2.5%
  • Goods and services taxes: 64.5%
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Personal income taxes
10.2%
Corporate income taxes
10.0%
Social security contributions
11.1%
Property taxes
2.5%
Goods and services taxes
64.5%

Source: OECD Global Revenue Statistics Database, 2024.

Government Debt

Government Gross Debt (% of GDP) 77.5% #41 / 184 2026
Government Gross Debt (Local currency - XCD) 5.85B - 2026
Government Net Debt (% of GDP) No data - -
Government Net Debt (Local currency - XCD) No data - -

Fiscal Balance

Fiscal Balance (% of GDP) -2.9% #95 / 189 2026
Fiscal Balance (Local currency - XCD) -221M - 2026
Primary Fiscal Balance (% of GDP) 0.4% #47 / 182 2026
Primary Fiscal Balance (Local currency - XCD) 31M - 2026

Revenue and Spending

Government Revenue (% of GDP) 22.2% #120 / 189 2026
Government Revenue (Local currency - XCD) 1.68B - 2026
Government Spending (% of GDP) 25.1% #122 / 189 2026
Government Spending (Local currency - XCD) 1.9B - 2026

International Reserves

Total Reserves (USD) 406M #152 / 163 2024

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