Gross Domestic Product — Value Standard Local Currency in Dominica
Dominica: Gross Domestic Product — Value Standard Local Currency was 1,836 million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in Dominica, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Dominica recorded 1,836 million SLC for gross domestic product — value standard local currency in 2024. That is the highest value across all 55 years on record.
That represents a change of up 4.5% on the previous year and up 30.7% over ten years.
Over the whole period, gross domestic product — value standard local currency in Dominica peaked at 1,836 million SLC in 2024 and was at its lowest, 46.09 million SLC, in 1970.
That places Dominica 205th out of 218 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.
Gross Domestic Product — Value Standard Local Currency in Dominica, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 46.09 million SLC | — |
| 1971 | 50.86 million SLC | +10.3% |
| 1972 | 53.19 million SLC | +4.6% |
| 1973 | 62.3 million SLC | +17.1% |
| 1974 | 82.3 million SLC | +32.1% |
| 1975 | 91.65 million SLC | +11.4% |
| 1976 | 107.7 million SLC | +17.5% |
| 1977 | 123.86 million SLC | +15.0% |
| 1978 | 154.25 million SLC | +24.5% |
| 1979 | 148.55 million SLC | -3.7% |
| 1980 | 196.57 million SLC | +32.3% |
| 1981 | 221.69 million SLC | +12.8% |
| 1982 | 241.72 million SLC | +9.0% |
| 1983 | 266.4 million SLC | +10.2% |
| 1984 | 294.72 million SLC | +10.6% |
| 1985 | 322.63 million SLC | +9.5% |
| 1986 | 364.94 million SLC | +13.1% |
| 1987 | 410.05 million SLC | +12.4% |
| 1988 | 461.99 million SLC | +12.7% |
| 1989 | 499.87 million SLC | +8.2% |
| 1990 | 543.86 million SLC | +8.8% |
| 1991 | 593.36 million SLC | +9.1% |
| 1992 | 631.96 million SLC | +6.5% |
| 1993 | 662.92 million SLC | +4.9% |
| 1994 | 713.81 million SLC | +7.7% |
| 1995 | 741.21 million SLC | +3.8% |
| 1996 | 789.17 million SLC | +6.5% |
| 1997 | 818.07 million SLC | +3.7% |
| 1998 | 870.51 million SLC | +6.4% |
| 1999 | 895.75 million SLC | +2.9% |
| 2000 | 900.37 million SLC | +0.5% |
| 2001 | 918.55 million SLC | +2.0% |
| 2002 | 899.63 million SLC | -2.1% |
| 2003 | 926.94 million SLC | +3.0% |
| 2004 | 991.44 million SLC | +7.0% |
| 2005 | 983.49 million SLC | -0.8% |
| 2006 | 1,054 million SLC | +7.1% |
| 2007 | 1,138 million SLC | +8.0% |
| 2008 | 1,237 million SLC | +8.7% |
| 2009 | 1,320 million SLC | +6.7% |
| 2010 | 1,333 million SLC | +1.0% |
| 2011 | 1,353 million SLC | +1.5% |
| 2012 | 1,312 million SLC | -3.0% |
| 2013 | 1,345 million SLC | +2.5% |
| 2014 | 1,405 million SLC | +4.4% |
| 2015 | 1,460 million SLC | +3.9% |
| 2016 | 1,556 million SLC | +6.6% |
| 2017 | 1,406 million SLC | -9.6% |
| 2018 | 1,498 million SLC | +6.5% |
| 2019 | 1,651 million SLC | +10.2% |
| 2020 | 1,368 million SLC | -17.2% |
| 2021 | 1,499 million SLC | +9.6% |
| 2022 | 1,640 million SLC | +9.4% |
| 2023 | 1,757 million SLC | +7.1% |
| 2024 | 1,836 million SLC | +4.5% |
Dominica compared with similar countries
- Dominica's 1,836 million SLC is below the median for upper middle income countries, which is 913,929 million SLC, 0% of the median. (54 countries reporting)
- Dominica's 1,836 million SLC is below the median for Latin America & Caribbean, which is 147,748 million SLC, 1% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 92.07 million SLC | 46.09 million SLC | 154.25 million SLC | 10 |
| 1980s | 328.06 million SLC | 196.57 million SLC | 499.87 million SLC | 10 |
| 1990s | 726.06 million SLC | 543.86 million SLC | 895.75 million SLC | 10 |
| 2000s | 1,037 million SLC | 899.63 million SLC | 1,320 million SLC | 10 |
| 2010s | 1,432 million SLC | 1,312 million SLC | 1,651 million SLC | 10 |
| 2020s | 1,620 million SLC | 1,368 million SLC | 1,836 million SLC | 5 |
Countries ranked near Dominica
- 202 Saint Kitts and Nevis 2,883 million SLC compare
- 203 San Marino 1,893 million SLC compare
- 204 Timor-Leste 1,881 million SLC compare
- 206 British Virgin Islands 1,565 million SLC compare
- 207 Turks and Caicos Islands 1,493 million SLC compare
- 208 Tonga 1,284 million SLC 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)
- 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 gross domestic product — value standard local currency in Dominica?
- Gross domestic product — value standard local currency in Dominica was 1,836 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency recorded in Dominica?
- The highest recorded value was 1,836 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency recorded in Dominica?
- The lowest recorded value was 46.09 million SLC in 1970.
- How does Dominica rank for gross domestic product — value standard local currency?
- Dominica ranks 205th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Dominica?
- Over the last ten years it is up 30.7%. The long-run trend across the full record is volatile.
- Where does this Dominica data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).