St. Lucia

Ease of Doing Business in

St. Lucia

This page summarizes Doing Business 2015 data for St. Lucia. The first section presents the Ease of Doing Business rank (out of 189 economies) and the distance to frontier (DTF)** measure, overall and by topic. The second section summarizes the key indicators for each topic benchmarked against regional averages.

Economy Overview

 
Region Latin America & Caribbean
Income Category Upper middle income
Population 182,273
GNI Per Capita (US$) 7,090
City covered Castries
Doing Business 2015 Rank Doing Business 2014 Rank*** Change in Rank
100 95 down -5

Doing Business 2015 DTF** (% points) Doing Business 2014 DTF** (% points) Change in DTF** (% points)
61.35 61.08 down 0.27
Positive=Doing Business reform making it easier to do business. Negative=Change 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 2015 Rank 23 DB 2014 Rank*** 24 Change in Rank up1
DB 2015 DTF** (% points) 87.95 DB 2014 DTF** (% points) 87.87 Change in DTF** (% points) up0.08
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)
5.0 5.5 4.7

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)
19.0 67.4 76.8

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)
191.8 444.5 73.2
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 3,439.5
* 2 Submit an application for electricity connection to LUCELEC and await an estimate 7 calendar days XCD 0
3 Await completion of the external connection works by LUCELEC 7 calendar days XCD 26,500
4 Customer's contractor submits a Certificate of Internal Wiring Compliance to the LUCELEC 1 calendar day XCD 0
5 Pay security deposit and obtain final connection from LUCELEC 1 calendar day XCD 7,146.7
* Takes place simultaneously with another procedure.

**The distance to frontier score shows how far on average an economy is at a point in time from the best performance achieved by any economy on each Doing Business indicator since 2005 or the third year in which data for the indicator were collected. The measure is normalized to range between 0 and 100, with 100 representing the frontier. Read more...

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

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