Debt service as a proportion of exports of goods, services and in Dominica
Dominica: Debt service as a proportion of exports of goods, services and was 17.2% in 2023. ▲ Rising
Latest (2023)
17.2%
Change on year
up 1.0%
World rank
14th
of 125 countries
All-time high
24.9%
in 2020
All-time low
6.1%
in 2000
Years of data
24
2000–2023
Debt service as a proportion of exports of goods, services and in Dominica, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2023, debt service as a proportion of exports of goods, services and in Dominica stood at 17.2%.
Compared with earlier readings it is up 1.0% on the previous year and up 103.5% over ten years.
Over the whole period, debt service as a proportion of exports of goods, services and in Dominica peaked at 24.9% in 2020 and was at its lowest, 6.1%, in 2000.
That places Dominica 14th out of 125 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Debt service as a proportion of exports of goods, services and in Dominica, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 6.1% | — |
| 2001 | 10.6% | +75.7% |
| 2002 | 7.5% | -29.1% |
| 2003 | 7.9% | +4.9% |
| 2004 | 8.3% | +5.4% |
| 2005 | 9.0% | +7.3% |
| 2006 | 9.3% | +3.4% |
| 2007 | 9.5% | +3.0% |
| 2008 | 8.6% | -9.5% |
| 2009 | 10.1% | +17.6% |
| 2010 | 6.8% | -32.9% |
| 2011 | 7.1% | +4.9% |
| 2012 | 9.6% | +34.0% |
| 2013 | 8.5% | -11.5% |
| 2014 | 7.2% | -15.5% |
| 2015 | 8.6% | +20.0% |
| 2016 | 9.8% | +14.3% |
| 2017 | 12.8% | +30.5% |
| 2018 | 18.0% | +40.1% |
| 2019 | 12.2% | -31.9% |
| 2020 | 24.9% | +103.6% |
| 2021 | 16.3% | -34.4% |
| 2022 | 17.1% | +4.5% |
| 2023 | 17.2% | +1.0% |
Dominica compared with similar countries
- Dominica's 17.2% is above the median for upper middle income countries, which is 7.6%, 2.3× the median. (49 countries reporting)
- Dominica's 17.2% is above the median for Latin America & Caribbean, which is 7.4%, 2.3× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.7% | 6.1% | 10.6% | 10 |
| 2010s | 10.1% | 6.8% | 18.0% | 10 |
| 2020s | 18.9% | 16.3% | 24.9% | 4 |
Countries ranked near Dominica
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -401,184 BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0006 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -6.06 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 49.48 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -17.48 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0684 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 751.15 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 5.59 % change on previous year (2025)
Frequently asked questions
- What is debt service as a proportion of exports of goods, services and in Dominica?
- Debt service as a proportion of exports of goods, services and in Dominica was 17.2% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest debt service as a proportion of exports of goods, services and recorded in Dominica?
- The highest recorded value was 24.9% in 2020.
- What is the lowest debt service as a proportion of exports of goods, services and recorded in Dominica?
- The lowest recorded value was 6.1% in 2000.
- How does Dominica rank for debt service as a proportion of exports of goods, services and?
- Dominica ranks 14th out of 125 countries with data for 2023.
- Is debt service as a proportion of exports of goods, services and rising or falling in Dominica?
- Over the last ten years it is up 103.5%. The long-run trend across the full record is rising.
- Where does this Dominica data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Debt service as a proportion of exports of goods, services and primary income (%). Statizoid updates them automatically from the source API.
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