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) Change 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.
 

Getting Electricity

Info

The challenges required for a business to obtain a permanent electricity connection for a newly constructed warehouse are shown below. Included are the number of steps, time, and cost.

DB 2014 Rank 31 DB 2013 Rank*** 30 Change in Rank down-1
DB 2014 DTF** (% points) 84.64 DB 2013 DTF** (% points) 84.67 Change in DTF** (% points) down-0.03
Indicator St. Lucia Latin America & Caribbean OECD

The number of procedures to obtain a permanent electricity connection. A procedure is defined as any interaction of the company employees or the company’s main electrician with external parties.

View methodology
Procedures (number)
5 6 5

The number of days to obtain a permanent electricity connection. The measure captures the median duration that the electricity utility and experts indicate is necessary in practice, rather than required by law, to complete a procedure.

View methodology
Time (days)
26 65 89

The cost is recorded as a percentage of the economy’s income per capita. Costs are recorded exclusive of value added tax.

View methodology
Cost (% of income per capita)
211.9 502.5 79.1
No. Procedure Time to Complete Associated Costs
1 Submit an application for an Inspector's Certificate of Approval from the Ministry of Infrastructure, Transport and Port Services and await an inspection 10 calendar days XCD 3,437.5
2 Submit an application for electricity connection to LUCELEC and await an estimate 7 calendar days no charge
3 Await completion of the external connection works by LUCELEC 7 calendar days XCD 26,500.0
4 Customer's contractor submits a Certificate of Internal Wiring Compliance to the LUCELEC 1 calendar day no charge
5 Pay security deposit and obtain final connection from LUCELEC 1 calendar day XCD 7,146.7

** 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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