Balanced trade in services in Dominica
Dominica: Balanced trade in services was 0.2493 US dollars, exchange rate converted in 2024. ▲ Rising
Balanced trade in services in Dominica, 2005–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.
Analysis
In 2024, balanced trade in services in Dominica stood at 0.2493 US dollars, exchange rate converted. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 13.0% on the previous year and up 36.9% over ten years.
Over the whole period, balanced trade in services in Dominica peaked at 0.2493 US dollars, exchange rate converted in 2024 and was at its lowest, 0.1216 US dollars, exchange rate converted, in 2005.
Dominica ranks 160th of 174 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Balanced trade in services in Dominica, year by year
| Year | US dollars, exchange rate converted | Change |
|---|---|---|
| 2005 | 0.1216 US dollars, exchange rate converted | — |
| 2006 | 0.1307 US dollars, exchange rate converted | +7.5% |
| 2007 | 0.1439 US dollars, exchange rate converted | +10.1% |
| 2008 | 0.1563 US dollars, exchange rate converted | +8.6% |
| 2009 | 0.1545 US dollars, exchange rate converted | -1.1% |
| 2010 | 0.1662 US dollars, exchange rate converted | +7.6% |
| 2011 | 0.158 US dollars, exchange rate converted | -4.9% |
| 2012 | 0.1573 US dollars, exchange rate converted | -0.5% |
| 2013 | 0.1689 US dollars, exchange rate converted | +7.4% |
| 2014 | 0.182 US dollars, exchange rate converted | +7.8% |
| 2015 | 0.1904 US dollars, exchange rate converted | +4.6% |
| 2016 | 0.1994 US dollars, exchange rate converted | +4.7% |
| 2017 | 0.2069 US dollars, exchange rate converted | +3.8% |
| 2018 | 0.1914 US dollars, exchange rate converted | -7.5% |
| 2019 | 0.208 US dollars, exchange rate converted | +8.7% |
| 2020 | 0.1327 US dollars, exchange rate converted | -36.2% |
| 2021 | 0.1615 US dollars, exchange rate converted | +21.7% |
| 2022 | 0.1854 US dollars, exchange rate converted | +14.8% |
| 2023 | 0.2206 US dollars, exchange rate converted | +19.0% |
| 2024 | 0.2493 US dollars, exchange rate converted | +13.0% |
Dominica compared with similar countries
- Dominica's 0.2493 US dollars, exchange rate converted is below the median for upper middle income countries, which is 2.12 US dollars, exchange rate converted, 12% of the median. (50 countries reporting)
- Dominica's 0.2493 US dollars, exchange rate converted is below the median for Latin America & Caribbean, which is 3.38 US dollars, exchange rate converted, 7% of the median. (35 countries reporting)
Biggest year-on-year movements
Years where Balanced trade in services in Dominica changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -36.2% | 0.208 US dollars, exchange rate converted | 0.1327 US dollars, exchange rate converted |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1414 US dollars, exchange rate converted | 0.1216 US dollars, exchange rate converted | 0.1563 US dollars, exchange rate converted | 5 |
| 2010s | 0.1829 US dollars, exchange rate converted | 0.1573 US dollars, exchange rate converted | 0.208 US dollars, exchange rate converted | 10 |
| 2020s | 0.1899 US dollars, exchange rate converted | 0.1327 US dollars, exchange rate converted | 0.2493 US dollars, exchange rate converted | 5 |
Countries ranked near Dominica
- 157 Sierra Leone 0.3375 US dollars, exchange rate converted compare
- 158 Djibouti 0.3303 US dollars, exchange rate converted compare
- 159 French Polynesia 0.3266 US dollars, exchange rate converted compare
- 161 Central African Republic 0.1613 US dollars, exchange rate converted compare
- 162 Comoros 0.1572 US dollars, exchange rate converted compare
- 163 Gambia 0.151 US dollars, exchange rate converted compare
More economy & growth data for Dominica
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.07 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.4 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -39.33 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0069 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 75.54 units per person (2025)
- SDRs holdings, SDR, annual growth rate -42.22 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.005 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 55.16 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0217 units per US$ of GDP (2025)
Frequently asked questions
- What is balanced trade in services in Dominica?
- Balanced trade in services in Dominica was 0.2493 US dollars, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest balanced trade in services recorded in Dominica?
- The highest recorded value was 0.2493 US dollars, exchange rate converted in 2024.
- What is the lowest balanced trade in services recorded in Dominica?
- The lowest recorded value was 0.1216 US dollars, exchange rate converted in 2005.
- How does Dominica rank for balanced trade in services?
- Dominica ranks 160th out of 174 countries with data for 2024.
- Is balanced trade in services rising or falling in Dominica?
- Over the last ten years it is up 36.9%. The long-run trend across the full record is rising.
- Where does this Dominica data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Balanced trade in services (BaTIS). Statizoid updates them automatically from the source API.
Download this data
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About this data
The OECD-WTO Balanced Trade in Services (BaTIS) dataset is a complete, consistent, and balanced matrix of international trade in services statistics (ITSS). It contains annual bilateral data covering 202 reporters and partners, broken down by total services and 26 EBOPS 2010 (BPM6) categories from 2005 to 2024. BaTIS is the result of joint efforts by the OECD and WTO. Two main features enable BaTIS to stand out as the international benchmark for any analysis on international trade in services: BaTIS is complete and consistent. At present, only around 65% of world trade in services is bilaterally specified, and the percentage is even lower for the individual service categories. The OECD-WTO methodology leverages all available official statistics and combines them with estimations and adjustments to provide users with a complete matrix covering virtually all economies in the world. BaTIS is balanced. To resolve the asymmetries between reported and mirror flows, exports and imports are reconciled by calculating a symmetry-index weighted average between the two, following a similar approach to that developed for international merchandise trade statistics. Batis provides three measures for each trade flow (under the ‘adjustment’ dimension): Reported. Reflects the value officially reported by the country (where available), some values are rescaled to fit world totals. Adjusted and/or imputed. Reflects, in addition to the reported values, any adjustments made to ensure internal consistency as well as the estimations made by the OECD-WTO to fill in the gaps in the reported information. Balanced. Reflects the reconciled bilateral trade flow, where exports equal mirror imports. Official information on bilateral trade flows was collected from OECD, Eurostat, national sources as well as UNSD. The WTO-UNCTAD trade in services dataset, based on a number of primary sources complemented with estimations, was the main source for data with partner world. The BaTIS dataset can be used as a stand-alone input for economic analysis and policy-making. In addition, balanced trade in services data form an essential input to the OECD Trade in Value Added (TiVA) initiative, for which a balanced view of international trade is crucial. BaTIS is intended to be regularly updated and constantly improved as new data become available. For more information on the methodology, please refer to the technical paper accompanying this dataset The OECD-WTO Balanced Trade in Services (BaTIS) For more information on balanced trade statistics, please go to the topic related OECD page Balanced trade statistics Users are encouraged to send their questions, or to signal any apparent errors, regarding this database to STAT.Contact@oecd.org https://www.oecd.org/en/about/directorates/statistics-and-data-directorate.html