External debt as a share of gross national income in Dominica
Dominica: External debt as a share of gross national income was 82.4% in 2024. ▲ Rising
External debt as a share of gross national income in Dominica, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Dominica recorded 82.4% for external debt as a share of gross national income in 2024.
The figure is down 8.4% on the previous year and down 5.0% over ten years.
Over the whole period, external debt as a share of gross national income in Dominica peaked at 95.7% in 2022 and was at its lowest, 53.2%, in 2010.
That places Dominica 17th out of 121 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 25 years of available data.
External debt as a share of gross national income in Dominica, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 62.3% | — |
| 2001 | 66.1% | +6.1% |
| 2002 | 71.7% | +8.4% |
| 2003 | 88.8% | +23.8% |
| 2004 | 89.4% | +0.8% |
| 2005 | 81.2% | -9.2% |
| 2006 | 67.9% | -16.3% |
| 2007 | 62.5% | -8.0% |
| 2008 | 56.4% | -9.7% |
| 2009 | 54.2% | -4.0% |
| 2010 | 53.2% | -1.8% |
| 2011 | 53.8% | +1.1% |
| 2012 | 59.7% | +11.0% |
| 2013 | 93.0% | +55.9% |
| 2014 | 86.7% | -6.8% |
| 2015 | 88.4% | +2.0% |
| 2016 | 90.5% | +2.4% |
| 2017 | 92.0% | +1.6% |
| 2018 | 80.3% | -12.7% |
| 2019 | 72.5% | -9.7% |
| 2020 | 89.5% | +23.4% |
| 2021 | 90.5% | +1.2% |
| 2022 | 95.7% | +5.8% |
| 2023 | 89.9% | -6.1% |
| 2024 | 82.4% | -8.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 70.0% | 54.2% | 89.4% | 10 |
| 2010s | 77.0% | 53.2% | 93.0% | 10 |
| 2020s | 89.6% | 82.4% | 95.7% | 5 |
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)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.58 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8344 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 9,169 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.58 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 2.25 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 24,756 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.16 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7262 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is external debt as a share of gross national income in Dominica?
- External debt as a share of gross national income in Dominica was 82.4% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest external debt as a share of gross national income recorded in Dominica?
- The highest recorded value was 95.7% in 2022.
- What is the lowest external debt as a share of gross national income recorded in Dominica?
- The lowest recorded value was 53.2% in 2010.
- How does Dominica rank for external debt as a share of gross national income?
- Dominica ranks 17th out of 121 countries with data for 2024.
- Is external debt as a share of gross national income rising or falling in Dominica?
- Over the last ten years it is down 5.0%. The long-run trend across the full record is rising.
- Where does this Dominica data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of External debt as a share of gross national income. Statizoid updates them automatically from the source API.
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About this data
External debt stocks as a proportion of GNI (%).