FinObservatory

Remittances

Saint Lucia

Personal remittance receipts of $60.6M in 2024, 2.33% of GDP, from 42 annual observations starting in 1983.

Received, 2024
$60.6M
Share of GDP, 2024
2.33%
Rank in 2024
143rd of 160
Net, 2024
$44.9M
Years of receipts
42

Received and paid, US$ billion

0.00.00.00.10.11990200020102020ReceivedPaid

Source: World Bank WDI: personal remittances received (BX.TRF.PWKR.CD.DT), paid (BM.TRF.PWKR.CD.DT), current US$ Gross flows in current US dollars. A gap in a line is a year with no observation, not a zero. Methodology

Receipts as a share of GDP

The highest reading in the series is 5.44% in 1987.

0.0%2.0%4.0%6.0%1990200020102020% of GDP

Source: World Bank WDI: personal remittances received (BX.TRF.PWKR.CD.DT), paid (BM.TRF.PWKR.CD.DT), current US$ | World Bank WDI: GDP, current US$ (NY.GDP.MKTP.CD) Both series are current US dollars from the same WDI vintage; the share moves with the dollar GDP denominator as well as with the inflow. Methodology

Where the money is modelled to come from, 2021

The corridor matrix is a model, not a measurement

The 10,229 corridors in this matrix (212 sending economies, 175 receiving) are not observed payments. The World Bank builds it by allocating each country’s total recorded receipts across origins using bilateral migrant stocks and origin-destination incomes. A corridor value is therefore an estimate produced by that allocation rule. The matrix exists for one year, 2021, and no other.

The matrix routes $62.6M into Saint Lucia for 2021, from 41 origin countries. The five largest account for 92.2% of that total. The balance-of-payments series reports $63.3M of receipts for 2021, so the modelled total is 1.0% below it.

OriginModelled valueShare of modelled total
United States$31.3M50.0%
United Kingdom$10.4M16.6%
France$7.8M12.5%
Canada$5.7M9.1%
US Virgin Islands$2.5M4.0%
Barbados$1.6M2.6%
Trinidad and Tobago$769K1.2%
Antigua and Barbuda$538K0.9%
Sint Maarten$373K0.6%
Jamaica$243K0.4%

Source: World Bank / KNOMAD Bilateral Remittance Matrix | World Bank WDI: personal remittances received (BX.TRF.PWKR.CD.DT), paid (BM.TRF.PWKR.CD.DT), current US$ Every row is an allocation from migrant-stock and income data, not an observed payment. Methodology

Modelled outward corridors, 2021

The same matrix sends $16.3M out of Saint Lucia across 37 corridors. These are modelled allocations too.

DestinationModelled value
France$7.0M
United States$2.0M
Guyana$1.6M
Jamaica$960K
India$881K

Source: World Bank / KNOMAD Bilateral Remittance Matrix Methodology

This page exists because Saint Lucia has 42 annual receipt observations, at or above the 10-year minimum. Methodology | All receivers