St Lucia Sees Caribbean’s Biggest Increase in Net Foreign Direct Investment

By: Caribbean Journal Staff - December 17, 2012

By the Caribbean Journal staff

Net foreign direct investment in St Lucia has risen by 81.6 this year percent compared to 2011, the largest increase in the Caribbean this year, according to estimates from the United Nations Economic Commission for Latin America and the Caribbean.

Net foreign direct investment is defined as direct investment in a country’s economy after deduction of outward direct investment by residents of that country. It includes the reinvestment of profits.

Net FDI in St Lucia reached $138 million in 2012, up from $76 million in 2011. St Lucia was one of seven Caribbean countries that saw an increase in Net FDI in the period, along with Antigua and Barbuda, Dominica, Grenada, Guyana, the Dominican Republic and Trinidad and Tobago.

In terms of raw volume, the Dominican Republic saw the largest increase, with an increase of $1.4 billion. The Dominican Republic led the region with a total of $3.78 billion in Net FDI.

While Haiti’s Net FDI increased in 2010 and 2011, the country saw its number fall in 2012, from $181 million to $124 million. Haiti’s growth projections were lowered in 2012 due in part to the impact of a series of storms, but it’s not clear whether that had an impact on the country’s FDI.

St Kitts and Nevis suffered the largest drop-off in foreign investment, falling 51.4 percent to $69 million.

Jamaica and Barbados’ Net FDI for 2012 were not included in the report.

For all the data, see Caribbean Journal’s full table below.

Popular Posts

The 10 Best Overwater Bungalows in the Caribbean, From Aruba to Belize

Overwater villas at Caribbean resorts aren’t just a novelty — they’re also among the most luxurious and beautiful accommodations you can stay in. And while all of the bungalows perched above the waves have their charms, some stand out among […]

The 10 Best Luxury All-Inclusive Resorts in the Caribbean, From Antigua to Jamaica

all-inclusive hammock cove

All-inclusive resorts are more popular than ever, particularly in the Caribbean. The all-inclusive concept just keeps winning over travelers, who have been drawn to the ease, comfort and convenience of the concept. But the biggest thing within the space isn’t […]

The Bahamas’ Atlantis Paradise Island Just Completed a $150M Renovation

walking on the beach in nassau

A new eatery by Michelin-star Chef Michael White. A new-look casino. State-of-the-art guest rooms and the Caribbean’s first Shake Shack.  The Bahamas’ Atlantis Paradise Island resort has officially completed a $150 million resort-wide renovation, a significant project that included a […]

Related Posts villa with mountains and green hills

It’s About to Get Easier to Fly to the Island of Dominica

Secret Bay: it’s one of the crown jewels of the Caribbean, a six-star eco-luxury resort that single-handedly put Dominica on the map for luxury travelers.  And now, it’s about to get a whole lot easier to reach the legendary resort.  […]

This Grenada Resort Has a New Executive Chef 

grenada resort with pool inside room

If you know Grenada, you know Calabash, the luxury boutique hotel that’s always set a standard for culinary excellence on the island.  The beachfront resort is now upping its game again, with the recent appointment of a new executive chef, […]

From Belize to Grenada, 10 Little Caribbean Beach Resorts to Visit Right Now 


There are different resorts for different vacations, different tastes, different moods. For some, there’s something delicious about a pint-sized, tiny Caribbean resort, where the emphasis is on the intimate, the serene. Where the soundtrack isn’t a piped-in DJ set, but […]


Sign up for Caribbean Journal's free newsletter for a daily dose of beaches, hotels, rum and the best Caribbean travel information on the net.

No. Thank You