Following a strong rebound in 2021 from COVID-19 induced economic lows, global GDP growth in 2023
decelerated on account of tighter monetary policy to reduce inflation and spillovers from multiple crises
including the continued war in Ukraine and the Israel-Hamas conflict in the Middle East. After a sharp
slowdown in 2022, global growth is estimated to have slowed from 3.5 percent in 2022 to 3.1 percent in
2023, well below the historical average of 3.8 percent during 2000-2019. The global rebound in services is
almost complete with the recovery in tourism maturing.
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Following a strong rebound in 2021 from COVID-19 induced economic lows, global GDP growth in 2023
decelerated on account of tighter monetary policy to reduce inflation and spillovers from multiple crises
including the continued war in Ukraine and the Israel-Hamas conflict in the Middle East. After a sharp
slowdown in 2022, global growth is estimated to have slowed from 3.5 percent in 2022 to 3.1 percent in
2023, well below the historical average of 3.8 percent during 2000-2019.
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The Government of Saint Lucia (GOSL), with funding from the World Bank, is implementing the OECS Data
for Decision Making Project (ODDM) jointly with Grenada (GRE), and Saint Vincent and the Grenadines
(SVG). The Project Development Objective (PDO) is to improve the capacity of Participating Eastern
Caribbean Countries to: (i) produce and publicly disseminate statistical data for country and regional level
analytics;and (ii) to provide immediate and effective response to an Eligible Emergency.
UNLEASHING THE BLUE ECONOMY OF THE CARIBBEAN PROJECT (P171833)
and its Additional Financing (P181493)
Updated version
Environmental and Social
Commitment Plan (ESCP)
9 April 2024
This public debt statistical bulletin issue provides a statistical overview of the public debt portfolio for the fourth quarter (October - December) of 2023, contrasting the current quarter with the previous four quarters. The scope of the public debt bulletin is central government debt and government-guaranteed debt.
This public debt statistical bulletin issue provides a statistical overview of the public debt portfolio for the third quarter (July - September) of 2023, contrasting the current quarter with the previous four quarters. The scope of the public debt bulletin is central government debt and government-guaranteed debt.