Tourism Sector Will Underpin Economic Growth In St. Lucia

• St. Lucia will see moderate real GDP growth in the coming quarters as tourism and related services drive economic activity.
• However, it is expected that tourism growth will slow in the coming years which, combined with the economy’s vulnerability to natural disasters, will curb St. Lucia's long-term growth potential.
• Fitch revised its 2019 real GDP growth forecast to 3.0% YoY, from 2.9% previously, and its 2020 forecast to 3.0%, from 3.2%, as a weaker global growth environment constrains demand for St. Lucian service exports in the longer term. 

(Source: Fitch)