St. Lucia: Net investment in nonfinancial assets (current LCU)

Key figures

What the numbers say

In 2017, St. Lucia's net investment in nonfinancial assets (current LCU) rose 50.8% on 2016 (from 143.32 million to 216.1 million).

Across the 16 yearly changes before that (2001 to 2016), the average change was +4.3% and a typical year strayed about 34.8% from that (the standard deviation). This year's change was 1.3 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 94.7% in 2011 and the biggest yearly fall was 34.6% in 2016. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2008 to 2017 there is no clear straight-line trend: a straight line explains 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

Closest to St. Lucia in the 2017 ranking

• Afghanistan — 1st of 4: 109.87 billion
• Belize — 3rd of 4: 148.91 million
• St. Vincent and the Grenadines — 4th of 4: 82.82 million

What this measures

Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.

Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).

All 18 values

Net investment in nonfinancial assets (current LCU) in nearby economies

• Argentina — 762.46 billion (2024)
• Bahamas, The — 250.32 million (2024)
• Barbados — 126.37 million (2016)
• Belize — 148.91 million (2017)
• Brazil — 29.41 billion (2024)
• Chile — 4.4 trillion (2024)
• Colombia — 14.34 trillion (2024)
• Costa Rica — 667.46 billion (2024)
• Dominican Republic — 146.43 billion (2024)
• Ecuador

More public sector data for St. Lucia

• Intentional homicides (per 100,000 people) — 39.04 (2023)
• Intentional homicides, male (per 100,000 male) — 68.85 (2023)
• Intentional homicides, female (per 100,000 female) — 9.92 (2023)
• CPIA business regulatory environment rating (1=low to 6=high) — 3.5 (2025)
• CPIA debt policy rating (1=low to 6=high) — 3 (2025)
• CPIA economic management cluster average (1=low to 6=high) — 3.67 (2025)
• CPIA policy and institutions for environmental sustainability rating (1=low to 6=high) — 4 (2025)
• CPIA quality of budgetary and financial management rating (1=low to 6=high) — 3 (2025)

Reading data like this

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Questions people ask

What is St. Lucia's net investment in nonfinancial assets (current LCU)?

216.1 million in 2017, according to the World Bank (World Development Indicators).

How has it changed since 2000?

It is up 43.38% from 150.72 million in 2000 (2.14% a year on average, compounded). The highest value was 275.82 million in 2013 and the lowest 116.84 million in 2002.

Is the latest change in net investment in nonfinancial assets (current LCU) unusual for St. Lucia?

In 2017, St. Lucia's net investment in nonfinancial assets (current LCU) rose 50.8% on 2016 (from 143.32 million to 216.1 million). Across the 16 yearly changes before that (2001 to 2016), the average change was +4.3% and a typical year strayed about 34.8% from that (the standard deviation). This year's change was 1.3 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

Where does this data come from?

Source

World Bank, World Development Indicators, indicator GC.NFN.TOTL.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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