Dominica: Economy

Economic Trivia

Agriculture accounts for about 20% of GDP and employs 40% of labor force.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2012): United States, Trinidad and Tobago, and Jamaica
Top 3 Exported Goods (2012): Soaps and Waxes, Printed Material, and Electrical Machinery

Top Industries Source: CIA World Factbook

Soap; Coconut Oil; Tourism; Copra

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $819,679,823 (2015)
GDP Growth Rate (annual %) 2.76% (2015)
GDP Per Capita, PPP (current international) $11,278 (2015)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 185/193 (2015)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) -0.75% (2015)
External debt stocks, total (DOD, current US$) $291,376,000 (2014)
Total tax rate (% of commercial profits) 37% (2015)
Real Interest Rate (5 year average %) 8.931% (2015)
Manufacturing, value added (% of GDP) 2.676% (2015)
Current Account Balance (BoP, current US$) ($72,149,157) (2013)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 4,547,491 (2011)
Employment in Agriculture (% of total employment) 12% (2010)
Employment in Industry (% of total employment) 14.9% (2010)
Employment in Services (% of total employment) 52.4% (2010)
Unemployment Rate 12.4% (2010)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $250,370,370 (2015)
Exports of goods and services (current US$) $183,703,704 (2015)
Total Merchandise Trade (% of GDP) 46.48% (2014)
FDI, net inflows (BoP, current US$) $35,956,667 (2015)
Commercial Service Exports (current US$) $115,002,456 (2013)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Dominica’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary