St. Lucia Income Share Top 10%

St. Lucia's income share of the top 10% has witnessed a moderate increase over the past two decades, with the most recent data from 2015 indicating that this group holds 34.10% of the country's national income, placing it at the 70th position globally. This represents a slight expansion from the 32.50% share recorded in 1995, the lowest point in the available data. Interestingly, neighboring countries such as Peru have similarly experienced a relatively stable trend, with a 2015 income share of 32.60% for the top 10%. In contrast, Bolivia, Plurinational State of, has seen a more pronounced increase, with the top 10% holding 34.80% of national income in 2015, a level comparable to the Dominican Republic. The recent data suggests that income inequality in St. Lucia has stabilized, but a shift in economic policies, such as increased investment in social welfare programs or progressive taxation, could potentially alter the trajectory and reduce the income share of the top 10%.