St. Lucia

Ease of Doing Business in

St. Lucia

This page summarizes Doing Business 2014 data for St. Lucia. The first table lists the overall "Ease of Doing Business" rank (out of 189 economies) and the rankings by each topic. It also lists the economy's distance to frontier (DTF)** measure. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region Latin America & Caribbean
Income Category Upper middle income
Population 180,870
GNI Per Capita (US$) 6,530
City covered Castries
Doing Business 2014 Rank Doing Business 2013 Rank*** Change in Rank
64 59 down -5

Doing Business 2014 DTF** (% points) Doing Business 2013 DTF** (% points) Improvement in DTF** (% points)
65.84 65.91 down -0.07
Positive=Doing Business reform making it easier to do business. Negative=Doing Business reform making it more difficult to do business.
 

Dealing with Construction Permits

Info

Shown below are the procedures, time, and costs to build a warehouse, including obtaining necessary licenses and permits, completing required notifications and inspections, and obtaining utility connections.

DB 2014 Rank 11 DB 2013 Rank*** 15 Change in Rank up4
DB 2014 DTF** (% points) 91.11 DB 2013 DTF** (% points) 89.90 Improvement in DTF** (% points) up1.21
Indicator St. Lucia Latin America & Caribbean OECD

The total number of procedures required to build a warehouse. A procedure is any interaction of the company’s employees or managers with external parties.

View methodology
Procedures (number)
7 13 13

The total number of days required to build a warehouse. The measure captures the median duration that local experts indicate is necessary to complete a procedure in practice.

View methodology
Time (days)
110.0 215.5 147.1

Cost is recorded as a percentage of the economy’s income per capita. Only official costs are recorded.

View methodology
Cost (% of income per capita)
37.7 136.6 84.1
No. Procedure Time to Complete Associated Costs
1 Obtain Health Department Approval 21 days XCD 250
2 Have drawings stamped by a registered electrical engineer 3 days XCD 1,400
* 3 Obtain Approval from Fire Department 14 days XCD 600
4 Obtain Approval from DCA's commercial committee 42 days XCD 4,200
5 Receive inspection from WASCO (water department) 17 days no charge
6 Obtain Water Connection 30 days XCD 150
* 7 Obtain Fixed Telephone Line 10 days no charge
* Takes place simultaneously with another procedure.

** The distance to frontier (DTF) measure shows the distance of each economy to the "frontier," which represents the highest performance observed on each of the topics including Getting Electricity across all economies included in Doing Business. An economy’s distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. Read more...

***Last year's rankings are adjusted: they are based on 10 topics and reflect data corrections.

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