Experimental forecast labProspective test · October 2026

What could change next for Saint Lucia?

A learning lab for Saint Lucia, with a forecasting programme spanning the economy, prices, jobs, public services and political leadership. Each issued forecast names an outcome and explains the evidence and uncertainty. The current record combines November’s consumer-price-index forecast, two separately issued gasoline-price predictions and seven original economic planning bands.

29 Oct 2026Latest forecast issue
9 open · 1 resolvedPublic test record
Measured over timeForecast performance
Clearly labelledEvidence · prediction · uncertainty

The public forecast register

A clear view of every call.

Issued predictions, research questions and outcomes each have their own place. Follow a target from the original estimate to the evidence that settles it.

10Issued forecasts3 point estimates · 7 original bands
9Awaiting outcomesOriginal terms retained
1Outcomes assessedScores follow verified evidence
6Research questionsSeparate from issued predictions

Showing 10 of 10 issued forecasts

Prices & economyAwaiting outcome

Gasoline retail price · November review

16 November 2026 · end of day

Judgment-based point estimateEC$17.25EC$ per imperial gallon

Confidence: medium, qualitative; no assigned probability or interval

Issued
29 Oct 2026
Evidence cutoff
29 Oct 2026

Declared comparatorUnchanged-price persistence: EC$17.25 per imperial gallon

Inspect locked contract SLPA-2026-11-16-GASOLINE-v1
Prices & economyAwaiting outcome

November 2026 consumer price index

November 2026 · monthly all-item index

Judgment-based point + scenario range125.9index points (January 2018 = 100)122.5–130.5 · nonprobabilistic scenario range

Confidence: low; scenario range has no assigned probability coverage

Issued
20 Oct 2026
Evidence cutoff
20 Oct 2026

Declared comparatorPersistence: 124.38; seasonal naive: 119.38

Inspect locked contract SLPA-2026-11-CPI-v1
Prices & economyOutcome assessed

Gasoline retail price

26 October 2026 · end of day

Judgment-based point estimateEC$17.25EC$ per imperial gallon

Confidence: limited; no assigned probability or interval

Issued
20 Oct 2026
Evidence cutoff
20 Oct 2026

Declared comparatorUnchanged-price persistence: EC$17.25 per imperial gallon

Inspect locked contract SLPA-2026-10-26-GASOLINE-v1
TourismAwaiting outcome

Cruise-passenger arrivals in 2026

Calendar year 2026

Original planning band668,100 to 768,300

No assigned probability coverage

Issued
10 Aug 2026
Evidence cutoff
10 Aug 2026

Declared comparatorNo-change baseline: 668,086 arrivals

Inspect locked contract SLPA-R1-2026-02-CRUISE
Prices & economyAwaiting outcome

Merchandise trade gap in 2026

Calendar year 2026

Original planning bandEC$2.17bn to EC$2.48bn

No assigned probability coverage

Issued
10 Aug 2026
Evidence cutoff
10 Aug 2026

Declared comparatorNo-change component gap: EC$2.220bn

Inspect locked contract SLPA-R1-2026-02-TRADE
Prices & economyAwaiting outcome

Annual-average inflation in 2026

Calendar year 2026

Original planning band1.5% to 3.5%

No assigned probability coverage

Issued
9 Aug 2026
Evidence cutoff
9 Aug 2026

Declared comparatorWorld Bank projection: 2.1%

Inspect locked contract SLPA-R1-2026-01-CPI
Public financeAwaiting outcome

Public debt at end-2026

End of calendar year 2026

Original planning band75% to 80% of GDP

No assigned probability coverage

Issued
9 Aug 2026
Evidence cutoff
9 Aug 2026

Declared comparatorIMF January 2026 projection: 77.2% of GDP

Inspect locked contract SLPA-R1-2026-01-DEBT
Public financeAwaiting outcome

Overall fiscal deficit in 2026/27

Fiscal year ending March 2027

Original planning band2.5% to 3.5% of GDP

No assigned probability coverage

Issued
9 Aug 2026
Evidence cutoff
9 Aug 2026

Declared comparatorIMF January 2026 projection excluding estimated disaster cost: 2.5% of GDP

Inspect locked contract SLPA-R1-2026-01-FISC
Prices & economyAwaiting outcome

Real GDP growth in 2026

Calendar year 2026

Original planning band0.5% to 2.3%

No assigned probability coverage

Issued
9 Aug 2026
Evidence cutoff
9 Aug 2026

Declared comparatorIMF current country projection: 2.0%

Inspect locked contract SLPA-R1-2026-01-GDP
TourismAwaiting outcome

Stay-over arrivals in 2026

Calendar year 2026

Original planning band430,900 to 452,300

No assigned probability coverage

Issued
9 Aug 2026
Evidence cutoff
9 Aug 2026

Declared comparatorNo-change baseline: 426,676 arrivals

Inspect locked contract SLPA-R1-2026-01-STAY

Latest issued forecast · Fuel price

Will the next review hold the price?

Awaiting official outcome
Our prediction · 16 November 2026
EC$17.25

per imperial gallon of gasoline

Another hold.

We expect the official regulated price to remain EC$17.25 at the end of 16 November. The target date stays fixed even if the review is delayed.

Judgment-based point estimateConfidence: medium · qualitative
Locked 29 Oct 2026, 12:05 · Saint Lucia time
The testA new call. A fixed benchmark.
Issued forecast
EC$17.25per imperial gallon
Official outcome
PendingEffective at 16 November's close
Absolute error
—EC$ per imperial gallon
Persistence

The fixed unchanged-price benchmark is also EC$17.25. Both will receive the same error. Medium confidence in a hold does not mean proven forecasting skill.

Outcome watch16 November · provisional

Final assessment follows the cutoff in the existing afternoon review, normally 17 November. No outcome has been assumed from the previous successful forecast.

Local policy evidence

Smoothing has a track record.

The 26 October notice kept gasoline at EC$17.25 through 15 November, increasing support to EC$1.15 per gallon despite higher import costs. That is direct evidence for another hold, not a guarantee.

Read the current official notice ↗
External cost signal

Easing costs may help.

EIA's 28 October release shows a lower recent Gulf Coast gasoline average. If relief reaches local imports, it could reduce the subsidy needed rather than the retail price. This US spot series is not Saint Lucia's landed cost or pricing formula.

Inspect the external price series ↗
Why medium, not high

A policy choice, not a peg.

Repeated smoothing supports this short-horizon call, but gasoline rose in June and September. Fiscal pressure could prompt an increase; cheaper imports could prompt a cut. Medium is a qualitative judgment, not an assigned probability.

Read the September adjustment ↗
Issue-time evidence and limitsSeparate observed prices from the judgment.

The October notice gives a current no-subsidy gasoline price of EC$18.40, not a November upper bound. Its next expected adjustment date is 16 November. Lower costs could first reduce fiscal support instead of cutting the pump price.

EIA observations for 5–23 October average US$3.3632 per US gallon, against US$3.8350 for 14 September–2 October: a 12.30% decline across two nonoverlapping 15-observation windows. The 27 October daily value is US$3.101. These equal-sized descriptive windows are not asserted to be Saint Lucia's official reference periods. No retail-price conversion is made.

Freight, insurance, fuel specification, cargo timing, inventory, margins, taxes and the future policy decision remain incompletely observed. The rest of the pre-review period is still ahead. No numerical probability or predictive interval is assigned. Selected official notices establish repeated holds, not a complete historical sample from which to estimate a hold probability.

The October forecast's zero error also matched persistence. It does not establish predictive skill or justify treating a second hold as certain.

Immutable November gasoline contractInspect the fixed target, evidence and scoring terms.

Download the locked contract and SHA-256 checksum

Forecast ID
SLPA-2026-11-16-GASOLINE-v1
Target
Saint Lucia's official regulated gasoline retail price at the end of 16 November 2026. Cutoff: 23:59:59 America/St_Lucia (UTC−04:00). The target remains 16 November 2026 at 23:59:59 America/St_Lucia even if the expected review is delayed. A later review price is a different outcome.
Point and comparator
Both EC$17.25 per imperial gallon. No probability or interval.
Confidence
Qualitative confidence, not a calibrated probability. Repeated price smoothing supports a short-horizon hold, but discretionary policy and unobserved local import costs prevent high confidence. No demonstrated advantage over persistence.
Issue timestamp
2026-10-29T16:05:58Z · 29 Oct 2026, 12:05 Saint Lucia time.
Evidence cutoff
2026-10-29T16:05:00Z
Pre-issue outcome check
Official-domain searches and the current Government/OPM notice were rechecked on 29 October at 16:04–16:05 UTC. The recovered notice establishes the price only through 15 November and expects the next adjustment on 16 November; no target-price announcement was found. The retrieved NPC index ended at S.I. 175; a later applicable price instrument was not recovered. Direct raw Government-page retrieval returned HTTP 500, while web text was accessible. This bounded check is not proof of exhaustive publication coverage.
Resolution sources
Use the applicable published Price Control instrument where recovered, supported by authoritative Government/OPM notices. If the instrument cannot be recovered, an explicit official price or unchanged-price statement covering the target cutoff is eligible. Check publication date, effective period, units and superseding notices. Unresolved official contradictions keep the assessment pending; do not select whichever source matches the forecast.
Evidence preservation
Preserve actual capture time, dated links, source text or snapshot and checksum, applicability reasoning and final conflict check separately from the issued forecast.
Capture and assessment
Any target-day finding before the cutoff is provisional. Final evaluation occurs on the first existing afternoon Lab review after the cutoff, normally 17 November. No second check pipeline or promised exact minute.
Scoring
Primary score: absolute difference between 17.25 and the verified target-cutoff price, in XCD per imperial gallon. Report the fixed persistence comparator's absolute error alongside it. No probability or interval score; one or two cases do not establish forecasting skill.
Missing or conflicting evidence
If target-applicable evidence is missing or conflicts remain, retain pending status through 31 December 2026. Mark unresolved from 1 January 2027, exclude from scored results and stop only these forecast-specific routine checks. Silence is not evidence of an unchanged price, including if the review is postponed.
Units
Use the official imperial-gallon quote; do not derive false precision by converting a rounded litre quote.
Version history
Version 1. Separately approved 29 October 2026. Issue with a real new timestamp after separate approval and a fresh announcement check. Do not issue after a target outcome announcement. Never backdate or modify the October forecast. Any later revised forecast requires separate approval and its own transparent record. Later evidence and outcomes are stored separately.

Issued forecast · Consumer prices

Where will November prices land?

Awaiting eligible CPI capture
Our prediction · November 2026
125.9

All-item CPI · January 2018 = 100

A modest rise from June.

A low-confidence judgment across a five-month observation gap, with a broad scenario range.

Point estimate + scenario rangeConfidence: low
● Locked 20 Oct 2026, 17:39 · Saint Lucia time
The testA fixed estimate. A captured outcome.
Official outcome
PendingFirst captured eligible vintage
Absolute error
—Index points · lower is better
Signed error
—Forecast minus observed index
Fixed comparators

Persistence 124.38 · seasonal naive 119.38. Both will be scored against the same captured value.

Outcome watchDaily from 1 December

Checks join the afternoon Lab review in Saint Lucia time. The release date is not yet known; actual capture times and missed checks will be recorded.

Selected scenario range122.5–130.5

Index levels, not percentage inflation. These paths carry no assigned probabilities or coverage.

122.5Softer prices

Easing import pressure and retail offsets, with relief measures continuing.

130.5Renewed cost pressure

Stronger food, energy and freight transmission despite selective support.

Range width: 8.0 index points. Inclusion awaits the outcome. Outcomes can fall outside these selected paths.

The central calculation

History anchors the judgment.

June’s observed index of 124.38 plus the median five-month shift of 1.555 across 74 eligible historical episodes gives 125.935, rounded to 125.9. No invented fuel pass-through increment is added.

Inspect the revised CSO table ↗
Pressure and cushioning

Imported costs meet local policy.

Food and refined-fuel signals favour retaining the broader historical reference, including the inflationary episode. Subsidies, food concessions, inventories and delayed transmission temper the central call. Current electricity inputs remain incomplete.

Read the fuel-policy evidence ↗
What this test establishes

A prospective judgment, not proven skill.

The reference was chosen after retrospective analysis; the median adjustment worsened historical validation absolute error. This new call tests a transparent judgment against persistence, with low confidence and the result retained either way.

Inspect the evaluation contract ↓
Evidence, scenarios and uncertaintySee how the point and range were chosen.

The research cutoff is 20 October 2026 at 21:15 UTC. June remains the latest verified local month; July–October are missing observations, not an assumed flat realised path. This is a five-month observation-gap forecast, not a one-month model supplied with October CPI.

The point expresses an intended subjective predictive median. The broader 74-shift pool covers origins December 2019–January 2026, with the original minimum-history rule. Current external cost pressure motivates retaining the inflationary episode, but does not establish optimal regime weights or a calibrated conditional median.

The lower scenario uses a recent 38-episode historical lower reference of 122.534, rounded down to 122.5. The upper scenario adds the broader pool’s largest five-month increase of 5.76 to June, yielding 130.14, rounded up to 130.5. Different anchors are a declared judgment, not a statistical interval. The point 125.9 is not the range midpoint 126.5.

EIA Gulf Coast diesel and FAO food prices are upstream evidence, not local CPI or measured household pass-through. Food-relief extensions reduce the rationale for a near-term expiry shock; eligible goods and exact retail transmission remain uncertain.

Stronger energy/food transmission or a supply shock could make the call too low; faster easing, hedge protection or retail offsets could make it too high. A later CPI observation may motivate a separately approved new forecast, never a silent edit to this one.

Immutable November CPI contractInspect the target, capture rule and scoring terms.

Download the locked CPI contract and SHA-256 checksum

Forecast ID
SLPA-2026-11-CPI-v1
Target and units
November 2026 monthly all-item Consumer Price Index, January 2018 = 100. This monthly index level is not a percentage inflation rate or full-year annual-average inflation. The older annual CPI band is a separate unchanged contract.
Issued estimate
Point 125.9; nonprobabilistic scenario range 122.5–130.5. Low confidence; no assigned probability or nominal coverage.
Issue timestamp
2026-10-20T21:39:11Z · 20 Oct 2026, 17:39 Saint Lucia time.
Evidence cutoff
2026-10-20T21:15:00Z
Pre-issue check
The named CSO summary and discovery index were rechecked at 21:38 UTC on 20 October and still ended at June 2026 (124.38). Earlier official-domain searches at 21:30 UTC found no newer successor. No November outcome or newer official monthly vintage was verified in those sources or targeted official-domain searches. This does not certify exhaustive publication chronology.
Resolution source
The first successfully captured eligible CSO revised-summary row explicitly labelled November 2026, All Item Index, on the January 2018 = 100 basis, or an officially linked successor preserving the same series identity. This is the first captured eligible vintage, not necessarily the first public release.
Capture workflow
Daily checks from 1 December 2026 through the existing afternoon Forecast Lab review in America/St_Lucia. Record actual capture timestamps and missed checks. Save the dated source snapshot and checksum. The operational review time is not a promised release date or guaranteed exact minute.
Revisions
The first captured eligible value determines the principal score. Preserve that snapshot and score; archive later values and their diagnostics separately. Conflicting annual pages do not supersede the named revised summary because they yield a more favourable result.
Comparability
Use the agreed index basis or an officially supplied comparable linked value on that basis. If no comparable value exists, keep the record pending with comparability blocked; never silently substitute a new target.
Missing evidence
Missing, conflicting or noncomparable evidence remains pending. No arbitrary resolution deadline or opportunistic cancellation applies.
Scoring
Signed error is forecast minus observed index; absolute error is its magnitude, in index points. Compare the fixed point with same-cutoff persistence 124.38 and seasonal naive 119.38. Evaluate the scenario range by inclusive membership and width only; no nominal-coverage score, WIS or calibration claim.
Version history
Version 1. Individually approved 20 October 2026; issued later with its actual timestamp. The estimate, range and rules remain fixed; captured evidence and later revisions are separate.

Forecast in focus · Fuel price

The pump price held.

Outcome assessed
Our prediction · 26 October 2026
EC$17.25

per imperial gallon of gasoline

Unchanged.

We predicted the regulated retail price would hold at the end of 26 October 2026.

Judgment-based point estimateConfidence: limited
Locked 20 Oct 2026, 14:54 · Saint Lucia time
The testPrediction → outcome → learning
Issued forecast
EC$17.25per imperial gallon
Official outcome
EC$17.25per imperial gallon
Absolute error
EC$0.00per imperial gallon · lower is better
Benchmark

The unchanged-price baseline is also EC$17.25. This forecast matches it; the same outcome gives both the same error.

Outcome recordAssessed 27 October

The official 26 October panel held gasoline at EC$17.25. The forecast and unchanged-price baseline both recorded zero absolute error. Open the official outcome ↗

  1. 01
    Approved20 October · this prediction
  2. 02
    LockedOriginal estimate retained
  3. 03
    Observe26 October · end of day
  4. 04
    Score & learnOfficial outcome assessed
Original issue-time case

Policy can absorb the price shock.

The government's 6 October notice kept gasoline at EC$17.25 for 5–25 October, with EC$0.16 per imperial gallon of support. That is evidence of willingness to smooth costs rather than pass every movement straight to motorists.

Read the government notice ↗
Original competing case

A price cut remains plausible.

Available EIA Gulf Coast gasoline observations eased between September and the partial later window through 14 October. A cut is plausible, but lower costs could instead reduce support or restore taxes while the pump price holds. The proxy does not establish Saint Lucia's landed costs or policy decision.

Inspect EIA's gasoline spot series ↗
What this trial teaches

A correct call. A tied benchmark.

The point forecast matched the official outcome: zero absolute error. Simply carrying the previous price forward also scored zero. This trial supports keeping policy cushioning in the research, but one result cannot establish forecasting skill or show which part of the reasoning caused the correct call.

See the research method →
Original evidence · 20 October issueRead the proxy, policy choice and confidence limits.

At the issue-time cutoff, the latest government notice found fixed EC$17.25 per imperial gallon for 5–25 October and identified the next review as 26 October. Its EC$0.16-per-gallon support shows that the retail decision can differ from the unbuffered cost movement.

EIA's 15 October release contains 14 observations averaging US$3.834 per US gallon for 8–25 September and 13 averaging US$3.561 for 28 September–14 October. These are exploratory slices of a US Gulf Coast spot benchmark. The later slice is incomplete; neither is importer-weighted or a verified Saint Lucia pricing formula. Fuel specification, freight, landed costs and the next official reference window remain unverified.

The judgment therefore balances price smoothing against a plausible cut. It matches the simple persistence benchmark rather than presenting an unvalidated cost-model output. A small retrospective replay was reviewed as a diagnostic, not a calibrated probability or evidence of prospective forecasting skill.

Immutable forecast contractInspect the target, evidence cutoff and scoring rules.

Download the locked contract and SHA-256 checksum

Forecast ID
SLPA-2026-10-26-GASOLINE-v1
Exact target
Saint Lucia's official regulated gasoline retail price at the end of 26 October 2026. Cutoff: 23:59:59, America/St_Lucia (UTC−04:00).
Issued estimate
EC$17.25 per imperial gallon. Judgment-based point forecast matching the unchanged-price persistence baseline.
Issue timestamp
2026-10-20T18:54:55Z · 20 Oct 2026, 14:54 Saint Lucia time.
Evidence cutoff
2026-10-20T18:47:00Z
Pre-issue outcome check
No newer official notice establishing the 26 October outcome was found in the 20 October, 18:47 UTC check. Some official indexes could not be retrieved; this records the search result, not proof that no notice exists.
Resolution
The officially confirmed Government of Saint Lucia regulated gasoline retail price applicable at the target-day cutoff. Check the effective period, not only the notice's publication date. Conflicting official evidence remains pending.
Score
Absolute difference between EC$17.25 and the officially confirmed applicable price, in EC$ per imperial gallon. Assess after the target day closes; keep the unchanged-price baseline beside the forecast.
Missing or conflicting evidence
If the official outcome is missing or conflicting, keep the forecast pending through 30 November 2026. It becomes unresolved after 30 November, rather than being counted as correct.
Unit discipline
Use the official imperial-gallon quote. Do not infer gallon precision by converting a rounded litre quote.
Version history
Version 1. Editorially approved 20 October 2026. The original estimate and rules remain fixed; later evidence and outcomes are recorded separately.

Developing research · Candidate selection

Candidate slate research

Research in progress

This study examines how party candidate selections change between elections. Its starting point is the completed 2025 general election, not a projected slate for the next election.

Historical candidates are not assumed to stand again. No next-election names, probabilities or predicted slate have been issued in this study.

Historical reference · 1 December 2025See the SLP and UWP candidate baseline.

In the completed 2025 general election, SLP fielded 15 candidates and UWP 17 across 17 constituencies. This is a two-party historical comparison, not the complete ballot and not a next-election projection.

SLP did not nominate a candidate in Castries North or Castries Central. Stephenson King and Richard Frederick contested those seats as independents, respectively. Their political association with SLP does not make them SLP nominees.

Electoral Department candidate records ↗ · OAS slate-count corroboration ↗

2025 general election baseline · Historical candidates only
ConstituencySLP candidate in 2025UWP candidate in 2025
Gros IsletKenson CasimirMarcella Johnson
BabonneauJohn Paul EstaphaneTitus Preville
Castries NorthNo SLP nominee in 2025Stephen Fevrier
Castries EastPhilip J. PierrePeter Chiquot
Castries CentralNo SLP nominee in 2025Rosh Clarke
Castries SouthErnest HilaireTommy Descartes
Anse La Raye and CanariesWayne GirardDominic Fedee
SoufriereEmma HippolyteHerod Stanislas
ChoiseulKeithson CharlesBradley Felix
LaborieAlva BaptisteLaura Jn. Pierre
Vieux Fort SouthDanny ButcherLeanna Johannes-Paul
Vieux Fort NorthMoses Jn. BaptisteCalixte Xavier
Micoud SouthShanda HarracksinghAllen Chastanet
Micoud NorthJeremiah NorbertElisha Norbert
Dennery SouthAlfred ProspereBenson Emile
Dennery NorthShawn EdwardBradley Fulgence
Castries South EastLisa JawahirGuy Joseph

Historical baseline checked 29 October 2026. Common public names are used for readability; source-name differences are retained in the notes below.

Open research questionsWhat the study still needs to establish.
  • How often do sitting MPs and unsuccessful candidates contest again for the same party and constituency?
  • How should party endorsements be distinguished from final official nominations?
  • Which dated sources and resolution rules are needed before a future nomination question can be assessed?

A nomination is not an election win. Any eventual candidate-selection study needs its own evidence cutoff, outcome definition and treatment of withdrawals, replacements and boundary changes. No such future outcome is estimated here.

Source notesCheck affiliations, names and the historical sources.

The Electoral Department records establish who contested and under which ballot affiliation. Party pages and contemporaneous reporting help reconcile common names; they are not treated as final nomination records for a future election.

  • John Paul Estaphane · Babonneau. The live SLP team page spells the surname Estephane; the election result and nomination notice use Estaphane.
  • Stephen Fevrier · Castries North. Fevrier is the contemporaneous public spelling. The result portal renders Feverier and the nomination-notice reprint Fevriere.
  • Peter Chiquot · Castries East. The UWP candidate page uses Chiquot; the Electoral Department portal and notice reprint render Chicot.
  • Ernest Hilaire · Castries South. The SLP team page and nomination-notice reprint use Ernest; the results portal renders Earnest.
  • Dominic Fedee · Anse La Raye and Canaries. Dominic Fedee is the common public name. The result portal renders Francis Dominique Fedee; the nomination-notice reprint renders Dominic Francis Fedee.
  • Bradley Felix · Choiseul. Bradley Felix is the common public form; the result portal and notice render John Bradly Felix.
  • Elisha Norbert · Micoud North. The nomination-notice reprint and contemporaneous slate reporting use Norbert; the portal renders Nobert.
  • Alfred Prospere · Dennery South. The SLP team page uses Alfred Prospere; the notice reprint uses Alfred Paul Prospere and the result portal Paul Alfred Prospere.

Reading the original planning bands

ObservedPublished result
Known eventDated, not predicted
AssumptionExplicit test input
Planning rangeConditional working band
Revision triggerWhat changes the view
01 · Frozen outlook

Seven issued planning ranges, unchanged.

The August ledger contracts and their ranges remain fixed. These preserved cards also contain later contextual notes; the ledger below governs evaluation. Their earlier wording describes the archive, while the current programme includes point forecasts, ranges and probabilities across topics. The bands carry no assigned probability coverage.

OutputCalendar year 2026

Real GDP growth in 2026

0.5% to 2.3%SLPA planning range

CSO's preliminary series reports 4.9% real growth in 2024. Official quarterly GDP currently stops at Q2 2025.

Preserved review trigger

Two consecutive monthly stay-over readings outside the planning path

Working rangeReal GDP growth in 2026Calendar year 2026 · evidence cutoff 9 August 2026
0.1%0.7%1.4%2.1%2.8%Lower planning edgeUpper planning edge2.0%2.3%1.9%1.3%
SLPA planning rangeOfficial actualPublished estimate or plan

SLPA planning range. Lower edge: an energy-heavy year with weaker tourism. Upper edge: the IMF January 2026 forecast; the current IMF page shows 2.0%.

Planning range0.5% to 2.3%
Archived evidence and assumptionsRead the preserved inputs behind this range.

Preserved card wording, including earlier methodological instructions and later contextual notes. The dated ledger below retains the original evaluation contract; this archive does not define the scope of new forecasts.

Published anchors
InputValueVintageStatusSource
IMF current country projection2.0%Accessed 9 August 2026External estimateInternational Monetary Fund ↗
IMF 2026 forecast2.3%January 2026External estimateInternational Monetary Fund ↗
World Bank 2026 forecast1.9%April 2026External estimateWorld Bank ↗
World Bank 2025 estimate1.3%March 2026External estimateWorld Bank ↗
SLPA planning assumption

Stay-over arrivals

+1% to +6% in 2026

The range is conditioned on the positive April signal and added winter airlift. It is not an official tourism forecast.

External estimate

Oil

US$82 to US$94 average Brent in 2026

The EIA July outlook gives US$82 and the World Bank June outlook gives US$94. The vintage spread is retained rather than silently selecting one path.

SLPA planning assumption

Construction

Major projects continue with delay and cost risk

No completion-rate assumption is made until public project execution data are available.

Preserved method note

Use the official 2024 level as the last annual actual, place published forecasts beside it, and change the planning range only when tourism, quarterly output, energy or capital-execution signals materially move.

Interpretation note

Do not average conflicting 2025 estimates into a made-up actual.

Archived review triggersRead the triggers recorded with this card.
  • Two consecutive monthly stay-over readings outside the planning path
  • A new CSO quarterly GDP release
  • A material change in a declared World Bank or EIA oil path
  • Published capital-project execution or delay data
Evidence lagSee how old each starting series is.

These archived lags were measured to 9 August 2026. They describe the earlier evidence set, rather than current data availability. The interpretation column explains how dated evidence can inform new forecasts.

Input coverage and forecast effect
SeriesReference period endsLagStateForecast effect
Annual GDP2024-12-31About 19 monthsstale2024 is the last actual in this archived evidence set; later figures are identified by source, vintage and status as estimates or forecasts.
Quarterly GDP2025-06-30About 13 monthsstaleA GDP nowcast is identified as an SLPA estimate, with its target period, data cutoff and assumptions, separately from official releases.
Consumer Price Index2025-12-31About 7 monthsagingEnergy and food drivers support inflation forecasts with explicit local pass-through assumptions; observed Saint Lucia CPI remains separately identified.
Labour Force Survey2026-03-31About 4 monthsagingThe Q1 reading is a dated input. Any current or future unemployment estimate states its target period and treatment of source comparability.
Stay-over arrivals2026-04-30About 3 monthsagingThe April reading is an early input to the annual estimate; later comparable months provide evidence for a separately approved revision.
Merchandise trade2025-12-31About 7 monthsagingTrade forecasts state their target period and definitions and retain the published sign-correction note.
Retail fuel-price cycleDecision published 2026-08-036 days; prices effective through 23 Augustcurrent cycleThe official price carries an effective-through date. A prediction of the next decision is separately labelled and later tested against the published outcome.
Reservoir and water-system operationsDam elevation 2026-01-22; local service stress 2026-05About 6.5 months for elevation; about 3 months for the later local stress reportdata gatedService-stress, reservoir-level and supply-reliability forecasts carry separate targets and explicit treatment of gaps in operating data.
02 · Dated source snapshots

Six source snapshots awaiting comparable updates.

These dated inputs from earlier Lab editions retain their reference periods. New releases are reviewed alongside them, making the age and comparability of the evidence visible.

Issue-time support signal

Stay-over momentum

+3.7%January to April 2026, year on year

The early-year official signal supports the stay-over range, but four months cannot resolve the full-year path.

Review status · 29 October 2026Original January–April snapshot; newer comparable months remain a refresh task.
Issue-time pressure signal

Imported energy

US$85/bBrent forecast · Q3 2026 · EIA 11 August

The updated external energy path keeps pressure on transport, electricity, food costs and subsidy choices. It is not a local price forecast.

Review status · 29 October 2026August snapshot. EIA lists a 6 October release and a 10 November next release; a new source extraction remains to be reviewed.
Issue-time data gated

Labour market

12.1%Unemployment, Q1 2026

This Q1 reading is a dated labour-market input. Forecasts state how they handle the 19th-to-21st-ICLS methods transition, conflicting tables and the comparability of subsequent quarters.

Review status · 29 October 2026Original Q1 snapshot; labour forecasts explain the definition, source conflicts and treatment of comparability.
Issue-time pressure signal

Merchandise trade

EC$2.220bn2025 component gap magnitude

The gap narrowed from 2024, but higher energy and import-intensive investment could reverse part of that movement.

Review status · 29 October 20262025 component snapshot; new analysis identifies the latest comparable trade vintage.
Issue-time watch signal

Climate window

75%Chance of a below-normal Atlantic season · NOAA 6 August

The basin outlook is not a Saint Lucia landfall forecast. CariCOF also keeps drought, humid heat and isolated flash flooding in the same planning window.

Review status · 29 October 2026NOAA still dates its outlook 6 August. CariCOF has a 6 October publication; local categories remain to be reviewed.

Forecast updates: comparable new evidence and the recorded review triggers inform a proposed revision. Individual editorial approval creates a new dated version while the original stays fixed.

03 · Language signals

Test whether public language improves short-term forecasts.

News, public discussion and visitor language are research inputs for target-specific forecasts. Tests compare their contribution with official indicators and simple baselines, with population coverage and language-specific accuracy reported.

Pilot statusResearch in development

The current work defines source coverage, English and Kwéyòl evaluation, privacy safeguards and prospective tests. Any published measure will identify the population and activity it represents.

NEWS

Economic news tone

Reporting about prices, jobs, tourism, business activity and public services can reveal changing expectations. Reporting tone and the underlying event are separate inputs.

What the signal representsChange in published economic language; its population coverage is stated.
DISCUSSION

Online issue discussion

Lawfully accessible public discussion can reveal attention, expectations and uncertainty. Source concentration and reposting are accounted for in research design.

What the signal representsObserved online expression, with representativeness assessed separately.
VISITOR

External tourism signal

Visitor-facing search and travel language can help explain potential demand. Its contribution to short-horizon arrival estimates is tested separately from resident sources.

What the signal representsPotential visitor interest, with source markets and coverage identified.
How the research is assessed

Planned evaluation: coverage, accuracy and value

A future published language measure will document the following evidence. This is the research design, rather than a report of completed validation.

  • Sources, document counts, time window and source mix.
  • Separate English, Kwéyòl and mixed-language accuracy results.
  • Local test-set adjudication by at least two Kwéyòl-fluent reviewers.
  • A documented privacy and harms review under Saint Lucia's Data Protection Act.
  • Separate measures of tone, attention, expectations and volume.
  • Real-time comparisons of hard-data-only and hard-data-plus-language forecasts.
  • Missing or insufficient coverage is reported as a data gap, separately from a measured zero.
Evidence standards

Quality standards across every topic

  • Sources are lawfully accessible, with private conversations respected.
  • Aggregated language signals use privacy-protecting source handling.
  • Population, constituency and demographic estimates explain the representativeness of their evidence.
  • English, Kwéyòl and code-switched text receive separate evaluation.
  • Language evidence is compared with target-specific hard data and baselines.
  • Observed online expression and representative public opinion have distinct labels.
Why test it?

Recent central-bank research finds that soft data can improve some short-horizon forecasts, but it can also create false alarms. The research question is whether a carefully evaluated signal adds out-of-sample value beyond official data.

Federal Reserve soft-data study ↗BIS news-sentiment study ↗Creole-language NLP evidence ↗UN privacy and analytics guidance ↗Saint Lucia Data Protection Act ↗
04 · Event paths

How major events could affect Saint Lucia over time.

These conditional scenarios explore how effects can unfold and which observations would change the analysis. RIPPLE-4 connects the mechanisms; Sovereign Option Theory highlights policy choices and commitments. The paths are research illustrations, separate from issued predictions.

Path 01reference watch

Expensive energy reaches households and the budget

Imported energy remains costly while government continues to smooth part of the retail shock.

RIPPLE-4 path
  1. O1World oil and freight costs change landed fuel cost
  2. O2The three-week pump-price review and monthly electricity fuel cost determine pass-through
  3. O3Transport, power and cooking-gas costs reach household and business budgets
  4. O4Subsidy choices shift some cost from consumers to public finance
Viability floor
Keep essential mobility, electricity and cooking fuel affordable without hiding the fiscal cost or losing budget control.
Change signal
A sustained fall in landed fuel cost, lower surcharge, reduced subsidy exposure or faster renewable generation would weaken this mechanism.
Full pathOpen mechanisms and indicators.

Longer-run effect

Higher costs can weaken demand, tax receipts and the debt path

Evidence to watch

  • Brent crude reference
  • Pump price and implicit subsidy per product
  • LUCELEC fuel-cost adjustment
  • Food, utilities and transport CPI
  • Published subsidy cost and revenue performance

Forecast implications and policy choices

Forecast implications
Successive retail-fuel increases together with faster utility and transport inflation would support a review of the inflation and deficit outlook. Any revised prediction is a separately approved version.
Decision evidence
Each official review reveals how price and subsidy sensitivities are changing.
Option preserved
Support can still be changed by product, household group or review cycle as landed cost changes.
Next comparison
The 26 October review has been assessed separately. Later retail and utility readings provide evidence for comparison with this scenario; this mechanism path is not a new numerical prediction.
Path 02opportunity watch

More airlift can lift tourism, but not all value stays here

Positive early-2026 stay-over growth is followed by added British Airways winter capacity.

RIPPLE-4 path
  1. O1Scheduled seats expand the possible visitor flow
  2. O2Bookings and available rooms determine actual stay-over arrivals
  3. O3Visitor nights and spending determine gross tourism receipts
  4. O4Imports, foreign ownership and profit transfers reduce value retained locally
Viability floor
Added capacity must produce resilient local income, not only a higher arrival count.
Change signal
Weaker UK or European demand, hotel closures, airlift reductions, hurricane disruption or a higher travel-cost shock would weaken the path.
Full pathOpen mechanisms and indicators.

Longer-run effect

Local wages, procurement and taxes determine the national gain

Evidence to watch

  • Scheduled seats and cancellations
  • Stay-over arrivals by source market
  • Room supply, occupancy and visitor nights
  • Average visitor spend
  • Local payroll, procurement and tax receipts

Forecast implications and policy choices

Forecast implications
Tourism forecasts connect scheduled seats with expected bookings and passenger conversion. Retained-value estimates additionally account for spending and local linkages.
Decision evidence
Seats, bookings and observed arrivals show the exposure behind capacity-dependent public commitments.
Option preserved
Promotion, route support and infrastructure can be staged by verified source-market conversion.
Next comparison
The first published months covering the scheduled daily Gatwick service provide a test of the capacity-to-arrivals assumptions.
Path 03capacity watch

Project execution can raise output now and obligations later

The FY2026/27 Estimates plan a large programme while delivery capacity and financing remain constrained.

RIPPLE-4 path
  1. O1Appropriations create authority to spend, not completed projects
  2. O2Procurement and construction turn part of the ceiling into capital execution
  3. O3Construction lifts output and imports before all service benefits arrive
  4. O4Revenue, grants and borrowing finance the executed programme
Viability floor
Each project must remain financeable and operable after construction, including maintenance and debt service.
Change signal
Delayed procurement, weak execution, cost overruns, grant substitution or cancelled borrowing can move output and debt in different directions.
Full pathOpen mechanisms and indicators.

Longer-run effect

Operating costs, debt service and maintenance shape the future balance sheet

Evidence to watch

  • Capital execution against plan
  • Disbursements versus signed financing
  • Project milestones and cost changes
  • Revenue and primary balance
  • Interest, amortisation and new guarantees

Forecast implications and policy choices

Forecast implications
Disbursement, physical progress and expected operating costs jointly inform growth and debt forecasts, with missing evidence and uncertainty made explicit.
Decision evidence
Physical milestones, disbursements and whole-life operating costs reveal the commitments behind the project.
Option preserved
Scope, sequence and financing can still change before sunk costs or guarantees narrow the choice set.
Next comparison
A public execution report linking expenditure, physical progress and operating obligations provides the next comparison with the scenario.
Path 04pressure watch

Water stress can become a household, tourism and fiscal cost

Rainfall can improve while catchment inflow, storage and distribution reliability remain weak.

RIPPLE-4 path
  1. O1Rainfall and catchment conditions change raw-water inflow
  2. O2Storage, treatment and leakage determine available supply
  3. O3Valving and outages shift cost to households and firms
  4. O4Tourism and public services absorb trucking, storage and interruption costs
Viability floor
Maintain a minimum reliable supply for households, health facilities, schools and essential economic activity.
Change signal
Sustained catchment recovery, lower leakage, added treatment capacity or a published operating reserve would weaken the pressure path.
Full pathOpen mechanisms and indicators.

Longer-run effect

Emergency works and lost activity create fiscal and economic pressure

Evidence to watch

  • John Compton Dam elevation and usable storage
  • Rainfall anomaly and base flows
  • Treatment-plant inflow and output
  • Communities under valving or trucking
  • Non-revenue water and outage duration

Forecast implications and policy choices

Forecast implications
Storage, inflow, production, demand and service data inform forecasts of reservoir levels and water reliability; each estimate states its assumptions and uncertainty.
Decision evidence
Operating data, leakage and service reliability show the evidence behind different capacity choices.
Option preserved
Demand management, network repair, storage, catchment work and new supply remain separable choices.
Next comparison
Comparable WASCO operating observations and changes in drought classification provide evidence for the next assessment.
05 · Dates and watches

Upcoming dates and dated release watches.

Calendar reviewed 29 October 2026. Scheduled dates are distinct from confirmed outcomes. Undated watches stay undated until a primary source supplies a date.

Next scheduled dates

5 November 2026scheduled

Bank of England policy decision

Why it matters

UK monetary conditions are one input to travel demand and visitor purchasing power.

Connection to forecasting

The decision, bookings and airlift evidence jointly inform the UK-demand outlook.

6 November 2026scheduled

FAO Food Price Index release

Why it matters

The release calendar lists 6 November after the latest 2 October publication.

Connection to forecasting

Category-level vintages and lags connect global food prices with local inflation forecasts; each measure retains its own definition.

10 November 2026scheduled

US EIA Short-Term Energy Outlook

Why it matters

The monthly external outlook supplies a dated energy input for a new research run.

Connection to forecasting

The release and its assumptions inform local retail-price forecasts through explicit pass-through, tax, subsidy and timing assumptions.

16 November 2026review cycle

Expected regulated fuel-price review

Why it matters

The Government's 26 October notice explicitly names 16 November as the expected next adjustment after the 26 October–15 November pricing period.

Connection to forecasting

This is an official review-date watch, not a prediction of the next price. Any new numerical forecast requires its own approved, dated record.

Later calendarOpen 1 more confirmed dates.
30 November 2026scheduled

Atlantic hurricane season closes

Why it matters

The fiscal and tourism risk calendar changes after the formal season, though hazards can occur outside it.

Connection to forecasting

The seasonal calendar changes after November, while recovery costs, water-system effects and hazards outside the season remain relevant.

Past calendar13 earlier dates, retained for audit.

These dates have passed as of 29 October 2026. Their inclusion records the earlier calendar, not verification that a release occurred or a forecast resolved.

11 August 2026Past date · outcome not assessed here

US EIA Short-Term Energy Outlook released

Why it matters

The outlook assumes severe Strait of Hormuz constraints through August and puts Brent near US$85 per barrel in Q3 and US$78 in Q4. This raises Saint Lucia's external energy-pressure screen.

Connection to forecasting

The global energy outlook informs local pump-price, electricity and fiscal forecasts through explicit assumptions about landed costs, pricing rules, taxes, subsidies and timing.

24 August 2026Past date · outcome not assessed here

Previously scheduled regulated fuel-price review

Why it matters

The last published gasoline and diesel price was EC$17.25 per imperial gallon through 4 October; a later decision remains a publication watch.

Connection to forecasting

A fuel-price prediction is distinct from the official decision; the published outcome later resolves the forecast and informs the subsidy and inflation analysis.

28 August 2026Past date · outcome not assessed here

ECCB monetary and financial statistics update

Why it matters

Regional credit, deposits and monetary conditions help test the domestic-demand and financing picture.

Connection to forecasting

Each monetary series carries its Saint Lucia reference period and release vintage so readers can compare like with like.

31 August 2026Past date · outcome not assessed here

ECCB public-sector debt update

Why it matters

A new debt stock may narrow the published range, but only if its institutional boundary and GDP denominator are stated.

Connection to forecasting

Debt estimates are compared on the same institutional boundary and GDP denominator, with each revision dated.

2 September 2026Past date · outcome not assessed here

Bank of Canada policy decision

Why it matters

Canadian rates and the Canadian dollar can influence travel demand and spending from a key visitor market.

Connection to forecasting

The decision and exchange-rate response help explain visitor purchasing power and travel demand; tourism outcomes are measured separately.

4 September 2026Past date · outcome not assessed here

FAO Food Price Index release

Why it matters

Global food prices are an upstream input to Saint Lucia's imported food and household-cost path.

Connection to forecasting

Category-level global food prices inform local inflation forecasts through stated import, retail and timing assumptions; observed Saint Lucia inflation remains separately labelled.

15 to 16 September 2026Past date · outcome not assessed here

US Federal Reserve policy meeting

Why it matters

The EC dollar's fixed US-dollar rate transmits US monetary conditions into regional financing and exchange-rate competitiveness.

Connection to forecasting

The rate decision informs financing and competitiveness forecasts. Any exchange-rate regime question has its own target, horizon, evidence and uncertainty.

17 September 2026Past date · outcome not assessed here

Bank of England policy decision

Why it matters

UK rates, growth and sterling can affect travel demand and the spending power of a major visitor market.

Connection to forecasting

UK rates inform demand forecasts alongside bookings and the conversion of scheduled seats into passengers.

30 September 2026Past date · outcome not assessed here

ECCB annual national-accounts update

Why it matters

A new regional release may change the output baseline and the denominator used in fiscal and debt ratios.

Connection to forecasting

The release vintage and CSO definitions are visible in any new, individually approved forecast version; the original remains intact.

25 October 2026Past date · outcome not assessed here

British Airways daily direct service scheduled to begin

Why it matters

The published schedule adds 51,000 seats across the 2026/27 winter season.

Connection to forecasting

Scheduled seats set capacity; forecasts of arrivals use explicit booking, occupancy and passenger-conversion assumptions that can be tested against later results.

26 October 2026Past date · outcome not assessed here

Expected regulated fuel-price review

Why it matters

The government's 6 October notice identifies 5–25 October as the current pricing period and expects the next adjustment on 26 October.

Connection to forecasting

The official decision and its effective period resolve the fuel-price forecast and inform retail-price and subsidy analysis.

27 to 28 October 2026Past date · outcome not assessed here

US Federal Reserve policy meeting

Why it matters

US monetary conditions affect regional financing and exchange-rate competitiveness through the EC dollar's fixed US-dollar rate.

Connection to forecasting

The published decision and guidance become external evidence for financing and competitiveness forecasts.

28 October 2026Past date · outcome not assessed here

Bank of Canada policy decision

Why it matters

Canadian rates and the Canadian dollar inform the evidence on a major visitor-source market.

Connection to forecasting

The decision is an input to source-market forecasts, while observed travel demand and spending provide distinct outcomes.

Windows and release watches

Older seasonal outlooks and monthly readings below retain their stated vintage. Their values are not presented as current observations.

Publication watch · date unverifiedrelease watch

ECCB statistical releases

Why it matters

The listed August and September release dates are now historical. Current debt, monetary and national-accounts vintages need individual verification.

Connection to forecasting

The reference period, release date and Saint Lucia coverage determine comparability with the frozen inputs.

Updated outlook · 6 August 2026seasonal window

NOAA seasonal outlook · issued 6 August

Why it matters

The live NOAA page still carries the 6 August outlook. It is a basin-wide seasonal assessment; current conditions are tracked through official advisories.

Connection to forecasting

The basin-wide outlook provides seasonal context. Local impact forecasts use local hazard evidence and a separately defined target; a single event can still dominate the year.

August to October 2026seasonal window

Peak Atlantic hurricane window

Why it matters

A single event can change output, tourism, water operations, public spending and debt at once.

Connection to forecasting

System-specific forecasts, official watches, warnings and impact reports provide local hazard evidence alongside basin-wide seasonal context.

Publication watch · no fixed day verifiedrelease watch

LUCELEC monthly fuel cost adjustment

Why it matters

The earlier Lab edition recorded August's EC$0.274 per kWh adjustment. The current monthly value has not been verified in this review.

Connection to forecasting

An electricity-adjustment forecast states its target month and fuel-purchase lag; the LUCELEC publication supplies the outcome. The exact release day remains unverified.

Latest publication · 6 October; next date unverifiedrelease watch

CariCOF drought and climate outlook refresh

Why it matters

An October–December newsletter was published on 6 October. Its Saint Lucia categories need extraction and review before entering the evidence set.

Connection to forecasting

Drought categories inform water-pressure forecasts alongside the operating observations needed for reservoir and service estimates.

Release date unverified in this reviewrelease watch

Household budget and living-conditions results

Why it matters

The survey is intended to update poverty measures and CPI weights after data collection ended in April 2026.

Connection to forecasting

Published survey methods and results provide the basis for updated CPI weights and household-pressure estimates.

Release date unverified in this reviewrelease watch

MICS 7 results

Why it matters

New household and child indicators can change the social baseline used in policy scenarios.

Connection to forecasting

Published MICS results enter the evidence as observed conditions, with their actual release and reference dates shown.

06 · Fiscal position

Fiscal inputs preserved from the issued forecasts.

A boundary-aware reconstruction of the FY2026/27 budget plan, December 2025 public debt and selected separately audited public entities. It is not a consolidated sovereign balance sheet or an audit opinion.

Open the full budget, debt and balance-sheet audit
Official actual · December 2025

EC$20.4m

Government payables. The Economic and Social Review reports this stock outside public debt. The underlying creditor and ageing ledger is not published with the summary.

Official actual · 31 March 2025 audited entity account

EC$259.9m

CIU cash and cash equivalents. CIU cash is a separate entity stock, not unrestricted Treasury cash and not a measure of total CIP wealth.

Full operating pictureOpen all visible figures, boundaries and missing items.
Public finance position · 2026-08-10
ItemValuePeriodStatusBoundary noteSource
Nominal GDPEC$7.049bn2024Official preliminaryLatest CSO annual current-price estimate, marked preliminary, and the scale denominator for historical ratios.
Public debt stockEC$5.440bn31 December 2025Official actualEC$5.132bn of central-government debt plus EC$308.3m of guaranteed debt. Guaranteed debt is already included, not added again.
Official Estimates envelopeEC$2.1888bnFY2026/27Budget planThe official financial plan includes fiscal-balance spending, principal repayment and refunds. It is not actual spending or the deficit.
Net revenue and grantsEC$1.826bnFY2026/27 planBudget planPositive revenue and grants after EC$10.014m in refunds. This is not cash already collected.
Planned overall deficitEC$212.4mFY2026/27 planBudget planNet revenue and grants minus fiscal-balance spending. Adding EC$140.0m of principal gives EC$352.4m in planned gross financing.
Foreign reserve cover3.6 months of importsIMF 2026 projectionExternal estimateAn external-buffer estimate for the currency union context. It is not a central-government cash balance.
Government payablesEC$20.4mDecember 2025Official actualThe Economic and Social Review reports this stock outside public debt. The underlying creditor and ageing ledger is not published with the summary.
CIU cash and cash equivalentsEC$259.9m31 March 2025 audited entity accountOfficial actualCIU cash is a separate entity stock, not unrestricted Treasury cash and not a measure of total CIP wealth.

Central government

Revenue, primary spending, interest, capital execution, the deficit, financing and payables describe different parts of the central-government position.

Public corporations and projects

Airport, utility and other public-corporation obligations sit alongside central-government accounts, with their institutional boundaries identified.

Citizenship Investment Unit

Programme revenue, programme cash, due-diligence fees and transfers to government are distinct measures.

National Insurance Corporation

Social-security assets belong to the social-insurance balance sheet and are distinguished from central-government cash.

Contingent liabilities

Guarantees, public-private partnerships and disaster facilities are identified separately, including whether an obligation has been called.

Still missing
  • Current consolidated Public Accounts joining central-government assets, liabilities, cash flows and contingencies
  • A complete register and current valuation of public land, buildings, infrastructure, equity holdings and receivables
  • Reconciled public-corporation assets, nonguaranteed debt, payables and arrears
  • Guarantee beneficiaries and complete public-private partnership and concession obligations
  • Current National Economic Fund and Sovereign Wealth Fund balances and a CIU-to-fund-to-budget reconciliation
  • Accrued public-service pension, social-insurance and disaster-contingent obligations

A sovereign net-worth estimate states its public-sector boundary, asset valuations and liability treatment. The visible cash and debt figures here describe only part of that position.

07 · Research agenda

Questions we are working toward forecasting.

Labour markets, electricity, water, public finance and tourism value are part of the programme. These cards pair previously recorded evidence gaps with an affirmative research approach. Each proposed estimate can disclose missing data, assumptions and uncertainty; the evidence priorities below are not topic exclusions.

Research question · in development

Where will unemployment move next?

Earlier evidence review: Q1 2026 Table 2 reports national unemployment of 12.1%. Table 1’s 18.2% precision statistics describe an unidentified population with different counts, so they do not establish uncertainty for the national rate. Annual 2025 sources contain separate conflicts. The April standards announcement does not identify the first production quarter.

Forecast approach

Unemployment is a forecast target, with the estimate tied to a stated labour-force definition and explicit treatment of conflicting source tables.

Evidence to investigateRead the inputs and research approach.
  • A reconciled 2025 annual series
  • At least two additional comparable 2026 quarterly releases
  • A CSO bridge or revision note for the 19th-to-21st-ICLS transition
  • Sector employment and labour-force participation inputs

Research approach: A labour-market forecast can state a future unemployment rate, with assumptions, a comparable baseline and a documented treatment of the methods transition.

Research question · in development

What will electricity cost in six months?

Earlier evidence review: LUCELEC posts an August 2026 fuel cost adjustment of EC$0.274 per kWh, based on fuel purchased in the prior month. A complete machine-readable history was not located.

Forecast approach

A six-month electricity forecast can estimate a tariff or household bill, with customer class, consumption and fuel-cost assumptions made explicit.

Evidence to investigateRead the inputs and research approach.
  • Monthly fuel-cost adjustment history
  • Base tariff and customer-class schedule
  • Fuel purchase lag and hedging information
  • Generation mix and demand assumptions

Research approach: Tariff and bill estimates distinguish the base tariff, fuel adjustment, usage and pass-through timing, with uncertainty around each.

Research question · in development

What will the dam level be?

Earlier evidence review: The last direct John Compton Dam point found was about 332 feet on 22 January 2026. Later reporting describes severe local inflow stress, while CariCOF provides categorical drought evidence.

Forecast approach

Reservoir elevation and water-supply reliability are forecast questions, with dated observations, rainfall assumptions and operational uncertainty kept visible.

Evidence to investigateRead the inputs and research approach.
  • Weekly reservoir elevation
  • Elevation-to-storage curve
  • Catchment rainfall and raw-water inflow
  • Treatment output, demand and leakage
  • Valving and outage records

Research approach: Water-stress indicators, reservoir estimates and service-reliability forecasts describe different outcomes and carry their own definitions and tests.

More research questionsExplore 3 further targets.
Research question · in development

How much will CIP produce next year?

Earlier evidence review: The tabled FY2024/25 report is described as EC$402.2m revenue, but applications, approvals, route mix and transfers can shift sharply.

Forecast approach

CIP forecasts distinguish programme revenue, cash receipts and transfers to government, and show how applications, approvals and route mix affect the estimate.

Evidence to investigateRead the inputs and research approach.
  • Primary annual report and reconciled accounts
  • Monthly applications, approvals, refusals and withdrawals
  • Route and investment mix
  • Processing lags and rule changes
  • Actual transfers to central government

Research approach: Programme revenue, cash and central-government transfers have separate forecast targets and resolution sources.

Research question · in development

How much tourism value will remain in Saint Lucia?

Earlier evidence review: Stay-over arrivals are available, while current visitor nights, spend, ownership and local procurement are incomplete.

Forecast approach

Tourism-value forecasts connect arrivals with visitor nights, spending, imported inputs and local income, with assumptions shown where evidence is incomplete.

Evidence to investigateRead the inputs and research approach.
  • Visitor nights and average spend
  • Room inventory and occupancy
  • Local payroll and procurement
  • Imported inputs and profit transfers
  • Tax receipts by tourism segment

Research approach: Gross receipts, imported inputs and retained local value are reported as separate estimates.

Research question · in development

What is Saint Lucia's complete public-sector net worth?

Earlier evidence review: Debt, budget flows, selected cash and some project liabilities are visible, but the asset and contingent-liability perimeter is incomplete.

Forecast approach

Public-sector net-worth estimates state the asset and liability boundary, valuation method and uncertainty, including items still awaiting verification.

Evidence to investigateRead the inputs and research approach.
  • Public asset register and valuation method
  • State-owned-enterprise balance sheets
  • Guarantees and public-private partnerships
  • Pension and social-insurance obligations
  • Disaster and natural-capital accounting

Research approach: Each estimate shows its audited and estimated components, omitted items and reconciliation to the published public accounts.

08 · Original forecast record

The two original forecast rounds remain intact.

These original contracts preserve the target, issued band, evidence cutoff and resolution rules fixed for the August rounds. Historical wording applies to those issues, not to the scope or estimate types of the current programme.

R1 shadow record · 2 rounds · SLPA Forecast Lab v0.3

7 open forecasts. 0 resolved forecasts. Evaluation in progress.

The first round was issued 9 August 2026. The trade and cruise expansion was issued 10 August 2026. Each used evidence available through its stated cutoff in Saint Lucia time. Later evidence may create a dated revision, but it cannot replace either original.

August planning bands
Descriptive bands without assigned probability coverage
Point estimates in August
Not issued in these rounds; original scoring retained
Archive purpose
Honest evaluation of the original issues
SLPA-R1-2026-01

Shadow round 01

Issued 9 August 2026 · evidence cutoff 9 August 2026 · 5 contracts

Shadow round 01 · issued 9 August 2026
Forecast contractFrozen planning bandPoint estimateComparatorStatus
SLPA-R1-2026-01-GDPReal GDP growth in 2026Calendar year 20260.5% to 2.3%WithheldIMF current country projection: 2.0%open
SLPA-R1-2026-01-CPIAnnual-average inflation in 2026Calendar year 20261.5% to 3.5%WithheldWorld Bank projection: 2.1%open
SLPA-R1-2026-01-STAYStay-over arrivals in 2026Calendar year 2026430,900 to 452,300WithheldNo-change baseline: 426,676 arrivalsopen
SLPA-R1-2026-01-FISCOverall fiscal deficit in 2026/27Fiscal year ending March 20272.5% to 3.5% of GDPWithheldIMF January 2026 projection excluding estimated disaster cost: 2.5% of GDPopen
SLPA-R1-2026-01-DEBTPublic debt at end-2026End of calendar year 202675% to 80% of GDPWithheldIMF January 2026 projection: 77.2% of GDPopen
SLPA-R1-2026-01-GDPReal GDP growth in 2026

Original August contract. Its historical scoring restrictions apply to this issued band; new forecasts use their own approved terms.

Exact target
Percentage change in annual GDP at constant market prices from 2025 to 2026, using the first comparable CSO annual release.
Resolution rule
Resolve against the first CSO annual 2026 constant-price GDP release. Log later revisions separately rather than replacing the first result.
Review gate
Review when CSO publishes new quarterly GDP or an official external forecast changes materially. Any change becomes a dated revision.
Scoring rule
Record the outcome, band inclusion and band width as descriptive diagnostics. Score the declared comparator by absolute error. Do not score a midpoint or claim point or interval skill for the SLPA band.
Revision history
9 August 2026: Original shadow issue. 10 August 2026: External-driver register expanded to show the July EIA oil path beside the June World Bank path. Issued band and comparator unchanged.
SLPA-R1-2026-01-CPIAnnual-average inflation in 2026

Original August contract. Its historical scoring restrictions apply to this issued band; new forecasts use their own approved terms.

Exact target
Percentage change in the 12-month average all-items CPI for 2026 relative to the 12-month average for 2025, using the first comparable CSO release.
Resolution rule
Resolve against the first CSO annual-average CPI result for 2026. Preserve any later revised series as a second outcome vintage.
Review gate
Review after a new CSO CPI release, a material oil-path revision or two retail fuel-price changes outside the current path.
Scoring rule
Record the outcome, band inclusion and band width as descriptive diagnostics. Score the declared comparator by absolute error. Do not score a midpoint or calculate probabilistic interval skill.
Revision history
9 August 2026: Original shadow issue. 10 August 2026: External-driver register expanded with the July EIA oil path and July FAO food index. Issued band and comparator unchanged.
SLPA-R1-2026-01-STAYStay-over arrivals in 2026

Original August contract. Its historical scoring restrictions apply to this issued band; new forecasts use their own approved terms.

Exact target
Count of stay-over arrival episodes recorded from 1 January through 31 December 2026. The target is not unique visitors, cruise arrivals, visitor nights or spending.
Resolution rule
Resolve against the first CSO 2026 stay-over total. Keep cruise, yacht, visitor-night and spending measures outside this target.
Review gate
Review after each new official monthly stay-over release or a confirmed material airlift or room-supply change.
Scoring rule
Record the outcome, band inclusion and width as descriptive diagnostics. Score the no-change comparator by absolute error. Do not score a midpoint or infer retained local value.
Revision history
9 August 2026: Original shadow issue.
SLPA-R1-2026-01-FISCOverall fiscal deficit in 2026/27

Original August contract. Its historical scoring restrictions apply to this issued band; new forecasts use their own approved terms.

Exact target
Overall central-government deficit as a share of nominal GDP for 1 April 2026 through 31 March 2027, only where the published outturn states a comparable institutional and accounting boundary.
Resolution rule
Resolve only against an official FY2026/27 central-government outturn using a matching overall-balance definition. Leave open if no comparable outturn is published.
Review gate
Review when year-to-date revenue, capital execution, subsidy cost or supplementary financing becomes publicly measurable.
Scoring rule
Record band inclusion and width only after matching the fiscal definition. Score the declared IMF comparator by absolute error. Do not score a midpoint or infer skill if the target boundary cannot be reconciled.
Revision history
9 August 2026: Original shadow issue. 10 August 2026: Descriptive budget context corrected after the official Estimates tables were reconciled. Issued band and comparator unchanged.
SLPA-R1-2026-01-DEBTPublic debt at end-2026

Original August contract. Its historical scoring restrictions apply to this issued band; new forecasts use their own approved terms.

Exact target
Public debt as a share of nominal GDP at the end of calendar 2026, resolved only when the published debt and GDP boundary matches the declared comparator.
Resolution rule
Resolve against the first official or ECCB end-2026 public-debt ratio with a stated boundary. Leave open if the published boundary cannot be matched.
Review gate
Review after a reconciled debt-stock release, a material fiscal-path change, a GDP revision or a disclosed contingent liability.
Scoring rule
Record band inclusion and width only after the institutional boundary is matched. Score the IMF comparator by absolute error. Do not score a midpoint or infer skill across unlike debt boundaries.
Revision history
9 August 2026: Original shadow issue.
SLPA-R1-2026-02

Shadow round 02

Issued 10 August 2026 · evidence cutoff 10 August 2026 · 2 contracts

Shadow round 02 · issued 10 August 2026
Forecast contractFrozen planning bandPoint estimateComparatorStatus
SLPA-R1-2026-02-TRADEMerchandise trade gap in 2026Calendar year 2026EC$2.17bn to EC$2.48bnWithheldNo-change component gap: EC$2.220bnopen
SLPA-R1-2026-02-CRUISECruise-passenger arrivals in 2026Calendar year 2026668,100 to 768,300WithheldNo-change baseline: 668,086 arrivalsopen
SLPA-R1-2026-02-TRADEMerchandise trade gap in 2026

Original August contract. Its historical scoring restrictions apply to this issued band; new forecasts use their own approved terms.

Exact target
Magnitude of calendar-year merchandise imports minus total merchandise exports, in current EC dollars, using comparable CSO components.
Resolution rule
Resolve against the first CSO 2026 merchandise import and total-export components. Calculate the non-negative gap magnitude directly from those components and log the displayed table sign separately.
Review gate
Review after a comparable 2026 trade release, a material oil-path change, or published evidence of a large import-intensive project or export disruption.
Scoring rule
Record the outcome, band inclusion and band width as descriptive diagnostics. Score the no-change comparator by absolute error. Do not score a midpoint or treat this as a current-account forecast.
Revision history
10 August 2026: Original shadow issue.
SLPA-R1-2026-02-CRUISECruise-passenger arrivals in 2026

Original August contract. Its historical scoring restrictions apply to this issued band; new forecasts use their own approved terms.

Exact target
Count of cruise-passenger arrival episodes recorded from 1 January through 31 December 2026. The target is not unique visitors, calls, spending or value retained locally.
Resolution rule
Resolve against the first CSO 2026 cruise-passenger total. Keep stay-over, yacht, excursionist, visitor-night and spending measures outside this target.
Review gate
Review after each new official monthly cruise release or a confirmed material change in calls, ship capacity, port operations or weather disruption.
Scoring rule
Record the outcome, band inclusion and width as descriptive diagnostics. Score the no-change comparator by absolute error. Do not score a midpoint or infer local economic value.
Revision history
10 August 2026: Original shadow issue.
Economic source registerInspect the source vintages behind the archive.

Preserved source entries are shown below with their stated vintages; some card context was updated after the original issue. Live links may now show later data. Operating review sources appear first. Source grade A means a primary official record. Grade B means a multilateral estimate, research source or clearly labelled public-record reconstruction. Status and vintage still control how each figure may be used.

A · Published 26 October 2026 · captured 27 October 2026

Fuel prices maintained with increased subsidy support

The official panel holds gasoline at EC$17.25 per imperial gallon for 26 October through 15 November. This eligible post-target evidence resolves the fixed 26 October gasoline forecast after the target day closes.

Government of Saint Lucia ↗
A · Published 6 October 2026 · checked 20 October 2026

October fuel pricing period and next review

Historical issue-time evidence: the 5–25 October pricing period preceded the assessed 26 October forecast. The later outcome is recorded separately.

Government of Saint Lucia ↗
A · Published 6 October 2026 · checked 20 October 2026

Caribbean Climate Outlook Newsletter, October–December 2026

Publication date verified; the Saint Lucia categories still need extraction and review before reuse.

Caribbean Institute for Meteorology and Hydrology ↗
A · 2024 preliminary

Annual rate of real GDP growth, 2007 to 2024

Official preliminary real-growth baseline. The table reports 4.9% growth in 2024 and marks the year preliminary.

Central Statistical Office of Saint Lucia ↗
A · 2024 preliminary

Annual GDP by economic activity at current prices, 2006 to 2024

Official preliminary annual baseline. The linked current-price table reports EC$7,049.1m nominal GDP in 2024.

Central Statistical Office of Saint Lucia ↗
A · Through Q2 2025

Quarterly GDP by economic activity at constant prices

Latest public official quarterly output baseline located.

Central Statistical Office of Saint Lucia ↗
A · Revised April 2026

Inflation rates, revised 2020 to 2025

Official revised annual series reports 0.7% annual-average inflation in 2025.

Central Statistical Office of Saint Lucia ↗
A · Data collection May 2025 to April 2026

SLC-HBS Survey

The survey is intended to update poverty measures and CPI weights. No results date is published.

Central Statistical Office of Saint Lucia ↗
A · Q1 2026

Labour Force Report Q1 2026

SLPA uses the 12.1% Table 2 rate. Table 1 reports an incompatible 18.2% rate and different population totals, and participation values vary within the report. CSO clarification is needed. The quarter is not interchangeable with the annual 2025 average.

Central Statistical Office of Saint Lucia ↗
A · 2025 annual

Main Labour Force Indicators, annual 1994 to 2025

Detailed table reports 12.6% for 2025 while the CSO homepage displays a different headline value.

Central Statistical Office of Saint Lucia ↗
A · 20 April 2026

Saint Lucia modernizes Labour Force Survey to better capture today’s workforce data

Confirms a planned transition from 19th- to 21st-ICLS standards after a pilot. It does not publish a bridge estimate or the first production quarter under the new method.

Government of Saint Lucia · Department of the Public Service ↗
A · 2025 annual

Total visitor arrivals by type, 1992 to 2025

Official baseline for arrival episodes. The 2025 table reports 426,676 stay-over, 668,086 cruise and 41,349 yacht arrivals.

Central Statistical Office of Saint Lucia ↗
A · April 2026

Unprecedented April growth for Saint Lucia tourism in 2026

Reports 40,752 April stay-over arrivals, up 8.5% year on year, 3.7% stay-over growth for January to April, 34% cruise growth and 44% yacht growth in April.

Saint Lucia Tourism Authority ↗
A · Service begins 25 October 2026

British Airways expands direct service to Saint Lucia

Adds 51,000 scheduled seats across winter 2026/27. Scheduled seats are not observed visitors.

Saint Lucia Tourism Authority via Government of Saint Lucia ↗
A · 2025 annual

Balance of trade, 2021 to 2025

SLPA derives the EC$2.220bn gap magnitude from components because some published balance signs are inconsistent.

Central Statistical Office of Saint Lucia ↗
A · FY2026/27 budget estimates

Estimates of Revenue and Expenditure 2026/27

Primary budget book. It supports the detailed revenue, spending, deficit and financing reconstruction, but records plans rather than outturn.

Government of Saint Lucia, Department of Finance ↗
A · FY2025/26 preliminary and year-end outlook

Economic and Social Review 2025

Latest execution view located. Revenue is preliminary, spending includes a year-end outlook and payables are reported separately from debt.

Government of Saint Lucia, Department of Finance ↗
A · Debt stock at 31 December 2025

Quarterly Debt Bulletin, October to December 2025

Reports EC$5.440bn in public debt, comprising EC$5.132bn central-government debt and EC$308.3m guaranteed debt, with instrument, maturity and refixing detail.

Government of Saint Lucia, Debt and Investment Unit ↗
A · FY2026/27

Standing Finance and Estimates motion notice, 24 March 2026

Lists a motion to adopt EC$2,188,765,900 in Estimates. The notice does not by itself establish that an Appropriation Act was enacted.

Parliament of Saint Lucia ↗
A · FY2026/27

Budget 2026/27: More support for families, more space for business, no new taxes

Government summary reports payables of about EC$20m by December 2025.

Government of Saint Lucia ↗
B · Published February 2026

Annual Economic and Financial Review 2025, Saint Lucia

Reports a 74.5% public-debt ratio estimate for 2025.

Eastern Caribbean Central Bank ↗
B · 14 January 2026

IMF Executive Board concludes 2025 Article IV consultation with Saint Lucia

Provides dated macroeconomic and fiscal estimates and forecasts. Keep its vintage visible.

International Monetary Fund ↗
B · Accessed 9 August 2026

Saint Lucia and the IMF country page

The current page displayed 2.0% real GDP growth and 2.5% consumer-price growth for 2026. The access date is frozen because the page can update.

International Monetary Fund ↗
B · April 2026 macro outlook

Saint Lucia Macro Poverty Outlook

Estimates 2025 growth at 1.3%, 2026 growth at 1.9%, FY2025/26 debt at 77.9% of GDP and 2026 inflation at 2.1%.

World Bank ↗
B · 11 June 2026

Global Economic Prospects, June 2026

External scenario assumes Brent averages US$94 in 2026. It is not a Saint Lucia price forecast.

World Bank ↗
A · 7 July 2026 outlook

Short-Term Energy Outlook, July 2026

Forecasts Brent at US$82 per barrel on average in 2026. This is an external energy path, not a Saint Lucia fuel-price forecast.

US Energy Information Administration ↗
A · Released 7 August 2026

FAO Food Price Index, July 2026

The index was 131.1, up 0.6% month to month and 1.0% year to year, with mixed category movements. It is not observed Saint Lucia CPI.

Food and Agriculture Organization of the United Nations ↗
B · April 2025

Saint Lucia: External Sector Statistics technical assistance report

Documents collection and compilation gaps affecting CIP, goods, travel and direct-investment statistics.

International Monetary Fund ↗
A · 3 to 23 August 2026

Government holds fuel and LPG prices steady despite rise in global oil prices

Gasoline and diesel were EC$16.75 per imperial gallon for 3 to 23 August. A successor notice following the scheduled 24 August review had not been located at the 28 August check.

Government of Saint Lucia ↗
A · 22 January 2026

WASCO continues inter-agency coordination as dry-season conditions intensify

Reports John Compton Dam near 332 feet and below spillway at that date.

Water and Sewerage Company Inc. ↗
A · May 2026

WASCO responds to severe water shortages in Babonneau

Reports local demand of 1.2m gallons per day and inflow at 20% of capacity. This is not a national reservoir reading.

Water and Sewerage Company Inc. ↗
B · 2026 seasonal outlook

Key climate messages for June to August 2026

Regional outlook indicates long-term drought could persist in Saint Lucia while flood risk also remains possible.

Caribbean Institute for Meteorology and Hydrology ↗
A · 6 August 2026

Updated 2026 Atlantic hurricane season outlook

Assigns 75% probability to a below-normal basin season, 20% to near-normal and 5% to above-normal. The seasonal basin outlook does not estimate a Saint Lucia landfall probability.

NOAA Climate Prediction Center ↗
A · Checked 12 August 2026

Seasonal hurricane forecast archive

Historical archive link. NOAA's live outlook page carries the 6 August 2026 update used in the current signal room.

NOAA Climate Prediction Center ↗
A · Recurring Atlantic season

Tropical cyclone climatology

Use for the seasonal calendar only. It does not predict a Saint Lucia landfall.

NOAA National Hurricane Center ↗
A · Year ended 31 March 2025

Citizenship by Investment Programme Annual Report 2024/25

Audited entity account. CIU cash, liabilities and flows remain separate from a consolidated central-government balance sheet.

Citizenship by Investment Unit, Saint Lucia ↗
B · FY2024/25

Reported summary of the tabled Citizenship by Investment annual report

Use as reported public-record detail until the primary annual-report PDF is directly inspectable.

Public reporting based on the FY2024/25 tabled report ↗
A · 2026 schedule

Short-Term Energy Outlook release schedule

Official dates for the global energy outlook used as an external input, including 11 August 2026.

US Energy Information Administration ↗
A · Released 11 August 2026 · forecast completed 6 August

Short-Term Energy Outlook, August 2026

Forecasts Brent near US$85 per barrel in Q3 2026, US$78 in Q4 and US$69 on average in 2027. It is an external scenario, not a Saint Lucia retail-price forecast.

US Energy Information Administration ↗
A · Accessed 9 August 2026

Advanced Release Calendar

Official regional release dates. Product dates do not guarantee a same-day CSO webpage update.

Eastern Caribbean Central Bank ↗
A · 2026 schedule

2026 policy announcement schedule

Primary calendar for a major Saint Lucia visitor-source market.

Bank of Canada ↗
A · 2026 schedule

FAO Food Price Index release calendar

Global upstream food-price signal. It is not a local CPI observation.

Food and Agriculture Organization of the United Nations ↗
A · 2026 schedule

Federal Open Market Committee calendar

Primary schedule for US policy decisions relevant to the EC dollar's fixed US-dollar rate.

US Federal Reserve ↗
A · 2026 schedule

Upcoming Monetary Policy Committee dates

Primary schedule for a major Saint Lucia visitor-source market.

Bank of England ↗
A · August 2026

Rates and service standards

Official page reports an August 2026 fuel cost adjustment of EC$0.274 per kWh.

Saint Lucia Electricity Services Limited ↗
A · Current method note

Actions to manage fuel costs

Explains that the monthly adjustment reflects fuel purchased in the prior month.

Saint Lucia Electricity Services Limited ↗
A · 30 July 2026

Caribbean climate outlook newsletter · August to October 2026

Regional guidance places Saint Lucia’s long-term drought at an imminent end-November horizon while retaining humid-heat and isolated flood risk. It is not a national alert or reservoir-level forecast.

Caribbean Institute for Meteorology and Hydrology ↗
A · July 2026 progress notice

Saint Lucia's largest social survey MICS 7 nears completion

A progress notice, not a results release or a dated publication promise.

Central Statistical Office of Saint Lucia ↗

Public method

How the Forecast Lab turns evidence into testable estimates.

The Lab labels observations, research questions, scenarios and predictions separately. Each issued forecast fixes its evidence cutoff, horizon and resolution rule; its original scoring terms govern evaluation after the outcome.

Current stageProspective forecasting programmeSeven original planning bands remain frozen. Separately approved gasoline-price and November CPI forecasts add prospective tests.
KNOWN

Known event

A confirmed date, rule or scheduled release, identified by its source.

NOW

Nowcast

An estimate of the present or recent past before an official result is released.

SIG

Signal

A dated hard or soft indicator that informs the evidence behind a forecast.

FCST

Forecast

A dated prediction for a defined future outcome, expressed as a point estimate, range or probability.

IF

Conditional projection

An estimate that applies only if the named assumptions hold.

PATH

Scenario

A coherent set of assumptions and consequences used to explore possible futures, labelled separately from an issued prediction.

01 · How a forecast is builtInspect how one forecast is built.Five checks
  1. 01

    The target and the result

    The contract identifies the unit, geography, horizon and timezone, evidence cutoff, authoritative outcome source and treatment of missing or conflicting evidence. It also specifies whether evaluation uses the first release or a revised figure.

  2. 02

    A fair benchmark

    Reference-class frequencies, the last observation, seasonal patterns, recent trends and relevant official projections provide candidate baselines. Comparisons use the same target, horizon and issue date.

  3. 03

    Judgment and model evidence

    Each forecast explains the role of expert judgment, statistical models and AI-assisted analysis. Where independent human and model estimates are compared, their separate origins and dependencies are recorded.

  4. 04

    Coherent, testable estimates

    Candidate combinations are evaluated against simple methods in rolling tests. Probabilities across exhaustive outcomes sum consistently, nested events agree, and numerical quantiles remain ordered.

  5. 05

    Approval, publication and evaluation

    Each prediction receives individual editorial approval. Its published version stays fixed; an approved revision explains what changed and why. Initial, fixed lead-time and latest eligible estimates remain distinct in evaluation.

02 · How language models are usedHow AI, calculations and editorial judgment work together.Transparent methods
Useful role

AI helps connect evidence, models and competing explanations.

  • Dated evidence is retrieved and organised with traceable sources.
  • Questions are broken into drivers, reference classes and measurable outcomes.
  • Competing cases reveal the strongest reasons an outcome may occur or fail.
  • Missing variables, reversal signals and alternative paths become explicit.
  • Candidate estimates and model outputs are documented for review and testing.
How readers can assess it

Evidence, reproducibility and outcomes make the forecast accountable.

  • Factual inputs link to sources; assumptions are identified as assumptions.
  • Numerical calculations are reproducible and checked independently of narrative prose.
  • Each published estimate explains its method and receives individual editorial approval.
  • Judgmental confidence is labelled separately from empirically measured calibration.
  • The original forecast, subsequent versions and scores remain visible.
03 · How accuracy will be measuredHow forecasts are scored before any claim of skill.Every miss remains visible
Binary events

Brier score

Mean squared distance between the stated probability and the outcome. Lower is better. A constant 50 percent forecast scores 0.25.

mean (probability − outcome)²
Point estimates and paths

Absolute error, MASE and bias

Absolute error measures the distance between an estimate and its outcome in the stated unit, as in the gasoline contract. Across a series, MASE scales mean absolute error by in-sample naive or seasonal-naive change. Signed mean error shows high or low bias.

test MAE ÷ in-sample naive scale
Uncertainty

WIS, coverage and width

Declared numerical distributions use weighted interval score. Nominal coverage and width are reported beside it. The archived August R1 bands have no nominal coverage, so their inclusion measure is descriptive.

proper interval loss + diagnostics
Relative skill

Baseline comparison

Performance is compared with matched baselines. The formula below applies only to paired, positive, lower-is-better losses such as Brier score, not to bias or coverage.

1 − model score ÷ baseline score
  1. R0
    Design study

    Definitions, methods and sample cards.

  2. R1
    Original planning bands

    Two August rounds remain available under their issue-time terms.

  3. R2
    Prospective ledger

    Approved predictions are followed through to outcomes, errors and lessons.

  4. R3
    Evidence-qualified

    Sustained out-of-sample results beat declared baselines with useful coverage.

The August R1 issues used planning bands without point estimates or assigned probability coverage. Those historical contracts retain their original scoring rules. The current programme includes point forecasts, ranges and probabilities; each is evaluated according to its declared form. Performance is reported by target and horizon, with uncertainty around aggregate scores.

04 · Research basisOpen the evidence behind the method.20 direct sources
01 · Peer-reviewed · ICLR 2025

ForecastBench: A Dynamic Benchmark of AI Forecasting Capabilities

Prospective unresolved questions limit answer leakage. Expert forecasters outperformed the leading LLM in the initial study.

Open source
02 · Peer-reviewed · NeurIPS 2024

Approaching Human-Level Forecasting with Language Models

Dated retrieval and ensembling improved machine forecasts. A validation-chosen human and machine aggregate performed best on this binary-event test.

Open source
03 · Peer-reviewed · ICLR 2026

Pitfalls in Evaluating Language Model Forecasters

Revised webpages, unreliable date filters, question selection and leaked market information can make retrospective AI forecasts look better than they were.

Open source
04 · Peer-reviewed · ACM TiiS 2025

AI-Augmented Predictions: LLM Assistants Improve Human Forecasting Accuracy

A preregistered study found useful human-assistant gains on six numerical questions. The narrow task set and outlier sensitivity limit generalisation.

Open source
05 · Emerging research · 2026 preprint

QuantSightBench: Evaluating LLM Quantitative Forecasting with Prediction Intervals

Tested models produced intervals that were too narrow. None reached the requested 90 percent coverage rate.

Open source
06 · Emerging research · 2026 preprint

Assessing Large Language Models in Updating Their Forecasts with New Information

EvolveCast finds model updates can be inconsistent or too conservative. Retrieval alone is not a validated belief-updating rule.

Open source
07 · Peer-reviewed · NeurIPS 2024

Are Language Models Actually Useful for Time Series Forecasting?

Across the tested methods and datasets, removing or replacing the pretrained language model often improved results. This supports testing numerical methods against simpler alternatives.

Open source
08 · Peer-reviewed · International Journal of Forecasting

The M4 Competition: Results, findings, conclusion and way forward

Across 100,000 series, combinations and hybrid methods dominated the strongest entries. Simple baselines remained essential.

Open source
09 · Peer-reviewed · Psychological Science

Psychological Strategies for Winning a Geopolitical Forecasting Tournament

Probability training, reference classes, team collaboration and selection of previously strong forecasters improved judgmental performance.

Open source
10 · Peer-reviewed · Journal of the American Statistical Association

Strictly Proper Scoring Rules, Prediction, and Estimation

Proper scores reward honest probabilities and intervals that balance coverage with useful precision.

Open source
11 · Peer-reviewed · PLOS Computational Biology

Evaluating epidemic forecasts in an interval format

Weighted interval score combines calibration and sharpness for numerical distributions. Coverage and width remain useful separate diagnostics.

Open source
12 · Peer-reviewed · International Journal of Forecasting

Another look at measures of forecast accuracy

MASE scales test error by the mean in-sample naive or seasonal-naive change, enabling comparison across numerical series.

Open source
13 · Peer-reviewed · International Journal of Forecasting

Out-of-sample tests of forecasting accuracy

Rolling forecast origins and repeated test periods provide a stronger test than one convenient historical holdout.

Open source
14 · Peer-reviewed · Journal of Econometrics

A real-time data set for macroeconomists

Real-time vintages identify what was available at each historical forecast date and help reveal revision leakage.

Open source
15 · Peer-reviewed · ICLR 2025

Consistency Checks for Language Model Forecasters

Coherence checks examine complements, exhaustive outcomes, nested events and ordered numerical quantiles.

Open source
16 · Official policy guidance · 2025

OECD Strategic Foresight Toolkit for Resilient Public Policy

Scenarios explore plausible paths, signposts and policy options. They are not automatically forecasts or mutually exclusive outcomes.

Open source
17 · Central-bank research · 2026

Can Soft Data Improve Recession Forecasts?

Soft indicators improved some short-horizon models but also produced false alarms. Matched tests beside hard data reveal their incremental value.

Open source
18 · Central-bank research · BIS IFC

News sentiment for nowcasting business conditions and investment

News tone helped selected short-horizon targets but did not improve most broader output components. The results show why usefulness is assessed by target.

Open source
19 · Peer-reviewed · NAACL 2024

Creole language technology under low-resource conditions

Creole-language performance cannot be assumed from English models. Local annotation and language-specific evaluation are required.

Open source
20 · Official analytics guidance · United Nations

Risks, harms and benefits assessment for data innovation

The guidance addresses privacy-by-design, representativeness, manipulation risk and potential harm across the data lifecycle.

Open source
A growing public record

Every forecast is a chance to learn.

Forecasts contribute a clearly labelled view of what may come next. Observed facts, assumptions and predictions stay distinct, while outcomes, errors and baseline comparisons show how the methods perform.

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