Gross fixed capital formation in current prices

457,960,830 (US dollars) in 2022

In 2022, gross fixed capital formation for Saint Lucia was 457 million US dollars. Gross fixed capital formation of Saint Lucia increased from 25.3 million US dollars in 1973 to 457 million US dollars in 2022 growing at an average annual rate of 8.23%.

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Gross fixed capital formation is measured by the total value of a producer’s acquisitions, less disposals, of fixed assets during the accounting period plus certain additions to the value of non- produced assets (such as subsoil assets or major improvements in the quantity, quality or productivity of land) realised by the productive activity of institutional units.

Date Value Change, %
2022 457,960,830 13.52%
2021 403,433,512 17.13%
2020 344,423,191 -22.87%
2019 446,552,983 2.02%
2018 437,701,548 1.63%
2017 430,693,836 4.68%
2016 411,449,751 11.80%
2015 368,033,489 7.14%
2014 343,498,851 -10.92%
2013 385,616,088 -1.26%
2012 390,517,663 -1.45%
2011 396,275,171