Current account balance as a share of GDP in Dominica
Dominica: Current account balance as a share of GDP was -23.2% in 2024. ◆ Volatile
Current account balance as a share of GDP in Dominica, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
Dominica recorded -23.2% for current account balance as a share of gdp in 2024.
Compared with earlier readings it is up 31.5% on the previous year and down 274.2% over ten years.
Over the whole period, current account balance as a share of gdp in Dominica peaked at -6.0% in 2003 and was at its lowest, -41.2%, in 2018.
Dominica ranks 189th of 193 countries on this measure, 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 share of GDP in Dominica, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -19.9% | — |
| 2001 | -11.6% | -41.7% |
| 2002 | -8.8% | -23.8% |
| 2003 | -6.0% | -31.6% |
| 2004 | -8.4% | +39.0% |
| 2005 | -16.1% | +91.3% |
| 2006 | -7.0% | -56.6% |
| 2007 | -17.2% | +146.2% |
| 2008 | -24.5% | +42.5% |
| 2009 | -19.7% | -19.8% |
| 2010 | -16.9% | -13.9% |
| 2011 | -13.3% | -21.1% |
| 2012 | -16.5% | +23.7% |
| 2013 | -17.1% | +3.4% |
| 2014 | -6.2% | -63.6% |
| 2015 | -6.6% | +5.8% |
| 2016 | -8.4% | +28.6% |
| 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
- 186 Curaçao -19.9% compare
- 187 Bhutan -20.0% compare
- 188 Palestine, State of -21.1% compare
- 190 Lebanon -28.1% compare
- 191 Timor-Leste -31.5% compare
- 192 Kyrgyzstan -42.7% 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)
- Manufacturing, value added (constant LCU), per capita 1,168 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 6.88 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1411 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 1,551 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 6.88 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.3811 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 4,188 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 3.04 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Dominica?
- Current account balance as a share of gdp in Dominica was -23.2% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Dominica?
- The highest recorded value was -6.0% in 2003.
- What is the lowest current account balance as a share of gdp recorded in Dominica?
- The lowest recorded value was -41.2% in 2018.
- How does Dominica rank for current account balance as a share of gdp?
- Dominica ranks 189th out of 193 countries with data for 2024.
- Is current account balance as a share of gdp rising or falling in Dominica?
- Over the last ten years it is down 274.2%. The long-run trend across the full record is volatile.
- Where does this Dominica data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).