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St. Lucia: Technical Assistance Report-Remote National Accounts Mission

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  • International Monetary Fund

Abstract

This paper presents the technical assistance report on remote national accounts mission in St. Lucia. The improved estimates will improve the understanding of the Saint Lucia economy, notably the needs of the Ministry of Finance for more robust and timely national accounts statistics. This development will also help Saint Lucia meet the IMF Special Data Dissemination Standards requirements. Training has been provided on the different components of Gross Domestic Product by expenditure (GDP-E) for current price methods and price and volume measurement. The mission identified some research topics for the national accounts department as part of its development of GDP-E. This includes checking the quality of some indicators and identifying whether some sources are available at a lower level of detail. The mission also quality assured the current methods used for compiling accommodation in the production measure of GDP. In order to support progress toward the objectives, the mission recommended priority recommendations to make headway in improving Saint Lucia’s national accounts.

Suggested Citation

  • International Monetary Fund, 2023. "St. Lucia: Technical Assistance Report-Remote National Accounts Mission," IMF Staff Country Reports 2023/138, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2023/138
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