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Dominica

Headline economic indicators for Dominica, with the most recent official readings.

Prices

Prices — Dominica
Indicator Value Change
Inflation rate · 2.5% -0.20 (-7.4%)
Consumer price index · 124.3 +3.07 (+2.5%)
GDP deflator inflation · 2.0% -0.42 (-17.6%)

GDP

GDP — Dominica
Indicator Value Change
GDP growth rate · 3.1% +1.00 (+48.7%)
GDP per capita · 10,989.04 +583.76 (+5.6%)
GDP per capita, long-run history · 8,880 +460.17 (+5.5%)
GDP · 723,859,259.26 +34,977,778 (+5.1%)
GDP, PPP · 1,496,136,507 +83,876,647 (+5.9%)
GDP per capita, PPP · 22,713 +1,382 (+6.5%)
GDP per capita growth · 3.6% +1.05 (+41.7%)
GNI per capita · 10,690 +760.00 (+7.7%)
Agriculture to GDP · 12.1% -0.12 (-1.0%)
Industry to GDP · 14.1% +0.24 (+1.7%)
Manufacturing to GDP · 4.8% +0.05 (+1.0%)
Services to GDP · 57.2% +0.28 (+0.5%)

Money

Money — Dominica
Indicator Value Change
Real interest rate · 3.7% +0.37 (+10.8%)
Broad money to GDP · 80.8% +3.59 (+4.7%)
Private sector credit to GDP · 38.1% -1.29 (-3.3%)
Lending rate · 5.8% -0.06 (-1.0%)
Bank deposit rate · 1.5% -0.06 (-3.7%)
Bank nonperforming loans · 8.9% -1.75 (-16.4%)
Official exchange rate · 2.7 +0.00 (+0.0%)

Trade

Trade — Dominica
Indicator Value Change
Current account to GDP · -38.0% -0.18 (-0.5%)
Trade balance, goods and services (annual) · -272,177,670.37 -13,989,039 (-5.4%)
Current account balance (annual) · -274,973,584.07 -14,547,293 (-5.6%)
Foreign direct investment to GDP · 6.8% -1.87 (-21.5%)
Remittances received to GDP · 5.5% -0.19 (-3.4%)
Total reserves, including gold · 164,687,978.34 +8,716,736 (+5.6%)
Reserves in months of imports · 3.9 +0.17 (+4.6%)
External debt to GNI · 82.4% -7.53 (-8.4%)

Government

Government — Dominica
Indicator Value Change
Education spending to GDP · 5.4% +0.69 (+14.7%)
Health spending to GDP · 5.0% -0.97 (-16.2%)

Demography

Demography — Dominica
Indicator Value Change
Population · 65,871 -334.00 (-0.5%)
Population, long-run history · 76 +0.34 (+0.4%)
Population growth · -0.5% -0.05 (-10.0%)
Life expectancy · 71.3 +0.16 (+0.2%)
Fertility rate · 1.48 -0.00 (-0.3%)
Birth rate · 11.0 -0.11 (-1.0%)
Death rate · 12.6 -0.14 (-1.1%)
Urban population share · 74.0% +0.44 (+0.6%)
Population aged 65 and over · 13.2% +0.24 (+1.9%)
Under-five mortality rate · 35.7 +0.30 (+0.8%)
Population density · 88.2 -0.41 (-0.5%)
Net migration · -242 -42.00 (-21.0%)

Source: Bolt, J. and van Zanden, J.L. (2024), Maddison style estimates of the evolution of the world economy: A new 2023 update, Journal of Economic Surveys, 1-41, DOI 10.1111/joes.12618. Licensed under CC BY 4.0. The original sources are listed on each page.

All data sources

Original sources of these estimates

GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics

No separate list is published for Dominica; the database as a whole is cited above.

Economies nearby

Comparable readings from neighbouring economies.