Current account balance as a proportion of GDP in Dominica
Dominica: Current account balance as a proportion of GDP was -23.2% in 2024. ◆ Volatile
Latest (2024)
-23.2%
Change on year
up 31.5%
World rank
199th
of 204 countries
All-time high
-6.0%
in 2003
All-time low
-41.2%
in 2018
Years of data
25
2000–2024
Current account balance as a proportion of GDP in Dominica, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, current account balance as a proportion of gdp in Dominica stood at -23.2%.
The figure is up 31.5% on the previous year and down 274.1% over ten years.
Over the whole period, current account balance as a proportion of gdp in Dominica peaked at -6.0% in 2003 and was at its lowest, -41.2%, in 2018.
That places Dominica 199th out of 204 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Dominica, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -19.9% | — |
| 2001 | -11.6% | -41.7% |
| 2002 | -8.9% | -23.8% |
| 2003 | -6.0% | -31.7% |
| 2004 | -8.4% | +39.0% |
| 2005 | -16.1% | +91.4% |
| 2006 | -7.0% | -56.6% |
| 2007 | -17.2% | +146.3% |
| 2008 | -24.5% | +42.5% |
| 2009 | -19.7% | -19.8% |
| 2010 | -16.9% | -13.9% |
| 2011 | -13.3% | -21.2% |
| 2012 | -16.5% | +23.8% |
| 2013 | -17.1% | +3.4% |
| 2014 | -6.2% | -63.6% |
| 2015 | -6.6% | +5.7% |
| 2016 | -8.5% | +28.7% |
| 2017 | -10.2% | +20.8% |
| 2018 | -41.2% | +303.5% |
| 2019 | -36.2% | -12.1% |
| 2020 | -35.2% | -2.7% |
| 2021 | -33.1% | -6.2% |
| 2022 | -26.3% | -20.5% |
| 2023 | -33.9% | +29.1% |
| 2024 | -23.2% | -31.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -13.9% | -24.5% | -6.0% | 10 |
| 2010s | -17.3% | -41.2% | -6.2% | 10 |
| 2020s | -30.3% | -35.2% | -23.2% | 5 |
Countries ranked near Dominica
- 197 Bhutan -20.0% compare
- 198 State of Palestine -21.1% compare
- 200 Lebanon -28.1% compare
- 201 Timor-Leste -31.5% compare
- 201 Timor-Leste -31.5% 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)
- Agriculture, forestry, and fishing, value added (current LCU), annual 4.04 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.3268 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 3,591 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 2 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0933 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 1,026 constant 2015 US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant LCU) 2 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.3297 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Dominica?
- Current account balance as a proportion of gdp in Dominica was -23.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Dominica?
- The highest recorded value was -6.0% in 2003.
- What is the lowest current account balance as a proportion of gdp recorded in Dominica?
- The lowest recorded value was -41.2% in 2018.
- How does Dominica rank for current account balance as a proportion of gdp?
- Dominica ranks 199th out of 204 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Dominica?
- Over the last ten years it is down 274.1%. The long-run trend across the full record is volatile.
- Where does this Dominica data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
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