Gross domestic product (GDP), annual growth rate in Dominica

Dominica: Gross domestic product (GDP), annual growth rate was 2.47 % change on previous year in 2023. ◆ Volatile

Latest (2023)
2.47 % change on previous year
Change on year
down 59.1%
World rank
91st
of 184 countries
All-time high
15.57 % change on previous year
in 2019
All-time low
-16.77 % change on previous year
in 2001
Years of data
53
1971–2023

Gross domestic product (GDP), annual growth rate in Dominica, 1971–2023

-20-1001020197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Dominica recorded 2.47 % change on previous year for gross domestic product (gdp), annual growth rate in 2023.

The figure is down 59.1% on the previous year and up 154.9% over ten years.

Over the whole period, gross domestic product (gdp), annual growth rate in Dominica peaked at 15.57 % change on previous year in 2019 and was at its lowest, -16.77 % change on previous year, in 2001.

That places Dominica 91st out of 184 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross domestic product (GDP), annual growth rate in Dominica, year by year

Annual values for Gross domestic product (GDP), annual growth rate in Dominica, 1971 to 2023.
Year % change on previous year Change
1971 8.23 % change on previous year
1972 6.73 % change on previous year -18.3%
1973 7.49 % change on previous year +11.3%
1974 -6.92 % change on previous year -192.3%
1975 5.57 % change on previous year -180.5%
1976 4.65 % change on previous year -16.6%
1977 -0.3349 % change on previous year -107.2%
1978 12.65 % change on previous year -3878.8%
1979 -14.3 % change on previous year -213.0%
1980 9.07 % change on previous year -163.5%
1981 13.72 % change on previous year +51.2%
1982 4.54 % change on previous year -66.9%
1983 2.65 % change on previous year -41.8%
1984 3.12 % change on previous year +18.1%
1985 -6.42 % change on previous year -305.3%
1986 7.22 % change on previous year -212.6%
1987 6.68 % change on previous year -7.5%
1988 4.51 % change on previous year -32.4%
1989 -1.04 % change on previous year -123.1%
1990 6.11 % change on previous year -686.7%
1991 -3.11 % change on previous year -150.9%
1992 5.43 % change on previous year -274.4%
1993 2.14 % change on previous year -60.6%
1994 -3.18 % change on previous year -248.7%
1995 5.78 % change on previous year -281.7%
1996 7.21 % change on previous year +24.6%
1997 -8.76 % change on previous year -221.5%
1998 -12.27 % change on previous year +40.0%
1999 -1.09 % change on previous year -91.1%
2000 5.96 % change on previous year -646.6%
2001 -16.77 % change on previous year -381.5%
2002 -3.24 % change on previous year -80.7%
2003 2.58 % change on previous year -179.9%
2004 -1.45 % change on previous year -156.2%
2005 8.83 % change on previous year -708.5%
2006 2.41 % change on previous year -72.7%
2007 7.94 % change on previous year +229.2%
2008 14.22 % change on previous year +79.3%
2009 -12.23 % change on previous year -186.0%
2010 13.13 % change on previous year -207.4%
2011 -4.13 % change on previous year -131.4%
2012 7.87 % change on previous year -290.7%
2013 -4.49 % change on previous year -157.1%
2014 5.51 % change on previous year -222.7%
2015 -3.76 % change on previous year -168.3%
2016 7.36 % change on previous year -295.7%
2017 -6.68 % change on previous year -190.7%
2018 9.68 % change on previous year -244.9%
2019 15.57 % change on previous year +60.8%
2020 -11.41 % change on previous year -173.3%
2021 10.93 % change on previous year -195.9%
2022 6.02 % change on previous year -44.9%
2023 2.47 % change on previous year -59.1%

Biggest year-on-year movements

Years where Gross domestic product (GDP), annual growth rate 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.

YearChange FromTo
1978 +3878.8% -0.3349 % change on previous year 12.65 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.64 % change on previous year -14.3 % change on previous year 12.65 % change on previous year 9
1980s 4.41 % change on previous year -6.42 % change on previous year 13.72 % change on previous year 10
1990s -0.1745 % change on previous year -12.27 % change on previous year 7.21 % change on previous year 10
2000s 0.8253 % change on previous year -16.77 % change on previous year 14.22 % change on previous year 10
2010s 4.01 % change on previous year -6.68 % change on previous year 15.57 % change on previous year 10
2020s 2 % change on previous year -11.41 % change on previous year 10.93 % change on previous year 4

Countries ranked near Dominica

  1. 88 El Salvador 2.55 % change on previous year compare
  2. 89 Dominican Republic 2.52 % change on previous year compare
  3. 90 Portugal 2.5 % change on previous year compare
  4. 92 Cameroon 2.46 % change on previous year compare
  5. 93 Morocco 2.45 % change on previous year compare
  6. 94 Algeria 2.41 % change on previous year compare

See the full ranking of 184 places →

More economy & growth data for Dominica

All data for Dominica →

Frequently asked questions

What is gross domestic product (gdp), annual growth rate in Dominica?
Gross domestic product (gdp), annual growth rate in Dominica was 2.47 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gross domestic product (gdp), annual growth rate recorded in Dominica?
The highest recorded value was 15.57 % change on previous year in 2019.
What is the lowest gross domestic product (gdp), annual growth rate recorded in Dominica?
The lowest recorded value was -16.77 % change on previous year in 2001.
How does Dominica rank for gross domestic product (gdp), annual growth rate?
Dominica ranks 91st out of 184 countries with data for 2023.
Is gross domestic product (gdp), annual growth rate rising or falling in Dominica?
Over the last ten years it is up 154.9%. The long-run trend across the full record is volatile.
Where does this Dominica data come from?
The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), annual growth rate in Dominica. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-annual-growth-rate/dominica/

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How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross domestic product (GDP), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
184 places, 10,706 data points, 1951–2023
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.