St. Lucia Poverty Rate
Poverty headcount ratio at $2.15/day SI.POV.DDAY
St. Lucia's poverty rate was 0.10% in 2015, ranked 12th globally. This represents a 99.8% decrease from 2014. Data from World Bank, covering 1995–2015.
Overview
St. Lucia's poverty rate stood at 0.10% in 2015, a decline of +41.40pp from 1995. St. Lucia ranked 12th globally.
St. Lucia's poverty rate has undergone a significant transformation over the past two decades, with a notable decline from its peak of 41.50% in 1995 to a historic low of 0.10% in 2015, a testament to the country's economic progress. This improvement is comparable to that of Kazakhstan, which also recorded a poverty rate of 0.10% in 2015. The World Bank data reflects the effectiveness of St. Lucia's development strategies in reducing poverty and improving living standards. Notably, the poverty rate in St. Lucia has been steadily decreasing, indicating a sustained effort by the government to address economic disparities. The country's achievement in this regard is particularly impressive considering its small island economy. However, the trend may be influenced by external factors such as economic growth, global commodity prices, and climate change, which could potentially impact the country's development trajectory and poverty reduction efforts.
Data & projection
Analysis
St. Lucia's poverty rate was 0.10% in 2015, a decline of −41.40pp from 2014.
Frequently Asked Questions
St. Lucia's poverty rate was 0.10% in 2015. Ranked 12th globally. This represents a 99.8% decrease from the previous year.
St. Lucia's poverty rate peaked at 41.50% in 1995.
The lowest poverty rate in St. Lucia was 0.10% in 2015.
St. Lucia ranks 12th globally in poverty rate as of 2015.
The World Bank indicator code is SI.POV.DDAY. Data sourced from World Bank.
The poverty rate of St. Lucia in 2015 was 0.10%. This ranks 12th in the world.
Cite this page
@misc{historysaid_st-lucia_poverty-rate,
title = {St. Lucia Poverty Rate},
url = {https://historysaid.com/st-lucia/poverty-rate/},
publisher = {HistorySaid},
year = {2026}
}