Browse a full set of economic indicators


Includes historical data for Dominica’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.

Economy Powered By Ecotourism And FDI

Spanning just 750 square kilometers, this Caribbean island nation boasts a year-round tropical climate, wildlife-rich rainforests and numerous rivers and waterfalls, making it an attractive ecotourism destination. In recent years, the country has also emerged as a major international financial center, particularly in offshore banking and corporate activities, and has encouraged foreign direct investment (FDI) aimed at expanding its revenue sources with projects in information and communication technologies, alternative energy, agribusiness and real estate. Furthermore, Dominica promotes citizenship by investment projects and operates with a stable Eastern Caribbean dollar pegged to theU.S. dollar.

Yet, despite some progress, the economy still relies primarily on tourism and agriculture. High unemployment and poverty rates, elevated energy costs, and vulnerability to natural hazards, as well as global economic shocks and commodity price fluctuations, are additional weaknesses.

Macroeconomy & Sovereign Data

Type of Government Parliamentary republic
Capital Roseau
Sovereign Ratings S&P: BB–
Moody’s: B1
Fitch: BB
Total Population 75,000
Median Age 32.8
Adult Per Capita Income (PPP) 18,099.57
Total GDP (2023) 0.7 billion

Dominica GDP & Economic Overview

Most Recent Content

Banking & Finance

Trade & Investment

Total Exports USD 350 million (2023)
Leading Exports Medical Instruments
Low-Voltage Protection Equipment
Total Imports USD 37.5 million (2022)
Leading Imports Refined Petroleum
Natural Gas
Crude Petroleum
Recreational Boats
Source: World Integrated Trade Solution

Dominica Leading Companies

Dominica National Bank(DNB) Financials
Dominica Electricity Utilities
Dominica Blackbird Rum Distillery Consumer Staples, Distillers
DBS Waters Consumer Staples, Beverages & Beverage Bottlers
Viva Dominicana Telecommunication Services

Major Trade Partners — Import

United States 37%
Trinidad and Tobago 17%
Unspecified 9%
United Kingdom 4%
China 2%

Major Trade Partners — Export

Trinidad and Tobago 19%
Jamaica 16%
St. Kitts and Nevis 14%
Guyana 10%
France 9%

Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings


Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000