Home / News Updates / CDB PREDICTS 3% GROWTH FOR ST LUCIA’S ECONOMY

CDB PREDICTS 3% GROWTH FOR ST LUCIA’S ECONOMY

The Caribbean Development Bank (CDB) says economic activity in Saint Lucia dropped to 0.6% in 2018, from 3.7% in 2017. The Barbados-based bank says this slowdown is mainly due to a significant downturn in the construction sector, but is predicting a 3% economic growth for Saint Lucia in 2019. The CDB recently released 2018 economic reviews for all borrowing member countries.

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