DMA · Latin America & Caribbean / Latin America & Caribbean (excluding high income)

Location

GDP per capita: 10,405 USD (PPP: 21,301 intl$) · Total GDP: 0.7 billion USD (2024)

Income and purchasing power

The average monthly income in Dominica is 853 USD per month. This compares to prices and purchasing power compared to the United States.

Compare cost of living and purchasing power →

Economic performance 2024

Indicator Value Per Capita
GDP 0.69 billion USD 10,405 USD
Gross National Product (GNI) 10,230 USD
GDP (PPP) 21,301 intl$

Development of gross domestic product in billions of USD 1977 - 2024

Year GDP (billions USD) GDP per capita (USD)
2024 0.69 10,405
2023 0.66 9,913
2022 0.62 9,324
2021 0.56 8,376
2020 0.53 7,828
2019 0.64 9,491
2018 0.63 9,215
2017 0.56 8,225
2016 0.61 8,803
2015 0.58 8,283
2014 0.57 8,132
2013 0.55 7,822
2012 0.52 7,529
2011 0.53 7,705
2010 0.52 7,550
2009 0.52 7,487
2008 0.48 6,971
2007 0.44 6,459
2006 0.42 6,056
2005 0.39 5,695
2004 0.40 5,779
2003 0.37 5,447
2002 0.38 5,488
2001 0.38 5,528
2000 0.33 4,867
1999 0.33 4,817
1998 0.32 4,664
1997 0.30 4,372
1996 0.29 4,211
1995 0.27 3,952
1994 0.26 3,805
1993 0.25 3,536
1992 0.23 3,376
1991 0.22 3,171
1990 0.20 2,893
1989 0.19 2,639
1988 0.17 2,423
1987 0.15 2,138
1986 0.14 1,893
1985 0.12 1,666
1984 0.11 1,515
1983 0.10 1,363
1982 0.09 1,232
1981 0.08 1,125
1980 0.07 996
1979 0.06 754
1978 0.06 786
1977 0.05 634

Largest economic sectors

The main economic sectors in Dominica play a crucial role in the country's economic development and prosperity. These industries contribute significantly to GDP, employment, and overall economic stability.

Primary Sectors

  • Banking and financial services
  • Construction and real estate
  • Manufacturing (metals, steel)
  • Information technology

Supporting Sectors

  • Logistics and transportation
  • Tourism and hospitality
  • Agriculture and food processing
  • Energy and utilities

Note: Detailed sector breakdown data is being collected and will be updated soon.

Imports and Exports 2024

Indicator Dominica Per Capita

Household debt and deficits 2024

Data on government debt, budget deficit/surplus, and household debt is being collected.

Note: Household debt data represents domestic credit to private sector (% of GDP) from World Bank. This indicator includes credit to both households and non-financial corporations, providing an approximation of household debt levels.

Corruption in Dominica

The Corruption Perceptions Index for 2024 will be displayed here once the data is available. This section will show the country's ranking and trends in corruption perception.

Data source: Transparency International

Inflation rates in percentages 1967 - 2024

Year Inflation Rate (%)
2024 2.6%
2023 5.1%
2022 2.9%
2021 2.2%
2020 1.2%
2019 1.5%
2018 1.0%
2017 0.3%
2016 0.1%
2015 -0.8%
2014 0.8%
2013 0.0%
2012 1.4%
2011 1.1%
2010 3.0%
2009 0.0%
2008 6.4%
2007 3.6%
2006 2.2%
2005 1.7%
2004 2.4%
2003 1.5%
2002 0.2%
2001 1.3%
2000 0.9%
1999 1.2%
1998 1.0%
1997 2.4%
1996 1.7%
1995 1.3%
1994 0.0%
1993 1.6%
1992 5.5%
1991 5.6%
1990 3.2%
1989 6.2%
1988 2.9%
1987 4.0%
1986 2.8%
1985 3.7%
1984 2.2%
1983 4.1%
1982 4.4%
1981 13.3%
1978 7.7%
1977 9.5%
1976 10.9%
1975 19.9%
1974 34.4%
1973 12.1%
1972 3.7%
1971 3.6%
1970 12.4%
1969 4.2%
1968 5.4%
1967 1.0%

Frequently Asked Questions

What is the GDP per capita of Dominica in 2024?

The GDP per capita of Dominica is 10,405 USD in 2024. When adjusted for purchasing power parity (PPP), the GDP per capita is 21,301 international dollars. This indicator measures the economic output per person and is a key metric for comparing economic prosperity across countries.

What are the main industries in Dominica?

The main economic sectors in Dominica include banking and financial services, construction and real estate, manufacturing (metals, steel), and information technology. Supporting sectors include logistics and transportation, tourism and hospitality, agriculture and food processing, and energy and utilities. These industries contribute significantly to GDP, employment, and overall economic stability.

What is the inflation rate in Dominica in 2024?

The inflation rate in Dominica is 2.6% in 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

Explore key economic indicators of Dominica including GDP, inflation, unemployment, and trade data. This page provides up-to-date statistics and visual insights based on official international sources such as World Bank, IMF, and ILO.

Our comprehensive database allows you to compare Dominica's economic performance with other countries and understand global economic trends. Access current economic indicators, historical data, and comparative analysis to gain a deeper understanding of Dominica's economic landscape. For demographic data, visit our population statistics section.

Data Sources

All economic data presented on this page is sourced from reputable international organizations and updated regularly.

  • World Bank: GDP, inflation, unemployment, trade, and economic indicators
  • IMF (International Monetary Fund): Economic indicators and financial statistics
  • OECD: Economic and social statistics
  • Transparency International: Corruption perception index
  • Numbeo: Cost of living data

Data is updated monthly. Last update: June 2026