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): and Turks and Caicos Islands
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) [1]

GDP, PPP (current international) $987,257,336 (2022)
GDP Growth Rate (annual %) 5.939% (2022)
GDP Per Capita, PPP (current international) $13,573 (2022)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 189/197 (2022)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 0.517% (2021)
External debt stocks, total (DOD, current US$) $377,964,174 (2021)
Total tax rate (% of commercial profits) 32.6% (2019)
Real Interest Rate (5 year average %) 2.393% (2022)
Manufacturing, value added (% of GDP) 2.856% (2022)
Current Account Balance (BoP, current US$) ($153,204,310) (2021)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

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.

Trade [1]

Imports of goods and services (current US$) $338,025,582 (2020)
Exports of goods and services (current US$) $179,739,984 (2020)
Total Merchandise Trade (% of GDP) 29.409% (2022)
FDI, net inflows (BoP, current US$) $28,215,162 (2022)
Commercial Service Exports (current US$) $100,926,713 (2021)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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


  1. The World Bank