WASHINGTON, USA – IMF update: Country Report No. 2020/164 – St Lucia
A technical assistance (TA) mission was undertaken by the Real Sector Statistics Advisor in the Caribbean Regional Technical Assistance Centre (CARTAC) to Saint Lucia during January 27-February 7, 2020, to provide advice to the Central Statistics Office (CSO) on compiling rebased GDP estimates. The 2006 base year for the GDP estimates is outdated and does not reflect the current structure of the economy. There is scope to improve the data sources and GDP compilation methodology and to implement the relevant System of National Accounts 2008 (2008 SNA) recommendations.