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ECON FACTBOOK

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Economy of Dominica

Population: 72 thousand in 20131

GDP: $505 million in 20132

GDP per capita: $7,176 nominal3 ($10,030 PPP4) in 2013

GDP growth rate: -0.9% in 20135

Industries

GDP by Industry 20126

Industry sectorValue added ($ millions) 2012Percent of total
Other activities17842.8%
Wholesale, retail trade, restaurants and hotels6515.6%
Agriculture, hunting, forestry, fishing6114.6%
Transport, storage and communication5012.1%
Mining and utilities286.7%
Construction235.5%
Manufacturing112.6%
Total value added415100%

Employment

Unemployment rate: 23% in 20007

Employment by Industry 20028

Employment sectorPercent of total
Agriculture40%
Services32%
Industry28%
Total100%

Corporations

Top 10 Corporations by Revenue 20139

N/A

Households

Household Wealth: $1 billion (198% of GDP) in 201410

Household Wealth per Adult: $24,987in 201410

Gini Coefficient: N/A

Government

Central Government

Central Government Revenue: $148 million (29% of GDP) in 201311

Central Government Expenditure: $185 million (36% of GDP) in 201311

Central Government Budget Balance: -$37 million (-7% of GDP) in 201311

Central Government Public Debt: N/A

Central Government 10 Year Bond Interest Rate: N/A

Government Funds

N/A

Tax Structure

Individual Income Tax Rates and Thresholds: N/A

Corporate Tax Rate: 30% in 201412

Monetary Policy

Money Supply (M1, Organization of Eastern Caribbean States): $1.13 billion in Oct 2014* 13

Benchmark Interest Rate (Organization of Eastern Caribbean States): N/A

Total Reserves: $87 million (17% of GDP) in 201314

Exchange Rate: 2.70 East Carribean Dollar = 1 U.S. Dollar on Feb 25, 201515

Inflation: -0.2% in 201316

* Money supply calculated using the exchange rate 2.70 XCD = 1 USD

Financial Institutions

Top 10 Financial Institutions by Assets 201317

N/A (data not available at Relbanks.com)

International Accounts

Exports: $40 million (8% of GDP) in 201318

Imports: $220 million (44% of GDP) in 201318

Trade Balance: -$180 million (-36% of GDP) in 201318

Foreign Direct Investment Inflow: $18 million (4% of GDP) in 201319

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: $26 million (5% of GDP) in 201220

Foreign Aid Outflow: N/A

References

1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: CIA World Factbook (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: CIA World Factbook (Government budget) Go back
12. Source: Tax Foundation (Corporate tax rate) Go back
13. Source: Eastern Caribbean Central Bank, Statistics, Central Bank Survey (Money supply) Go back
14. Source: World Bank Indicators (Total reserves) Go back
15. Source: xe.com (Exchange rate) Go back
16. Source: World Bank Indicators (Inflation rate) Go back
17. Source: Relbanks.com (Financial institutions by assets) Go back
18. Source: CIA World Factbook (Trade data) Go back
19. Source: World Bank Indicators (FDI data) Go back
20. Source: World Bank Indicators (Aid data) Go back