Gross Domestic Product — Value US$, annual growth rate in Dominica

Dominica: Gross Domestic Product — Value US$, annual growth rate was 4.49 % change on previous year in 2024. ◆ Volatile

Latest (2024)
4.49 % change on previous year
Change on year
down 37.3%
World rank
140th
of 236 countries
All-time high
32.33 % change on previous year
in 1980
All-time low
-17.16 % change on previous year
in 2020
Years of data
54
1971–2024

Gross Domestic Product — Value US$, annual growth rate in Dominica, 1971–2024

-20-100102030197119972024

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

Analysis

The most recent figure for gross domestic product — value us$, annual growth rate in Dominica is 4.49 % change on previous year, measured in 2024.

The figure is down 37.3% on the previous year and up 2.0% over ten years.

Over the whole period, gross domestic product — value us$, annual growth rate in Dominica peaked at 32.33 % change on previous year in 1980 and was at its lowest, -17.16 % change on previous year, in 2020.

Dominica ranks 140th of 236 countries on this measure, 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 — Value US$, annual growth rate in Dominica, year by year

Annual values for Gross Domestic Product — Value US$, annual growth rate in Dominica, 1971 to 2024.
Year % change on previous year Change
1971 11.75 % change on previous year
1972 7.5 % change on previous year -36.2%
1973 14.87 % change on previous year +98.4%
1974 26.05 % change on previous year +75.1%
1975 5.37 % change on previous year -79.4%
1976 -2.48 % change on previous year -146.2%
1977 11.37 % change on previous year -558.2%
1978 24.54 % change on previous year +115.7%
1979 -3.7 % change on previous year -115.1%
1980 32.33 % change on previous year -974.8%
1981 12.78 % change on previous year -60.5%
1982 9.04 % change on previous year -29.3%
1983 10.21 % change on previous year +13.0%
1984 10.63 % change on previous year +4.1%
1985 9.47 % change on previous year -10.9%
1986 13.11 % change on previous year +38.5%
1987 12.36 % change on previous year -5.7%
1988 12.67 % change on previous year +2.5%
1989 8.2 % change on previous year -35.3%
1990 8.8 % change on previous year +7.3%
1991 9.1 % change on previous year +3.4%
1992 6.51 % change on previous year -28.5%
1993 4.9 % change on previous year -24.7%
1994 7.68 % change on previous year +56.7%
1995 3.84 % change on previous year -50.0%
1996 6.47 % change on previous year +68.6%
1997 3.66 % change on previous year -43.4%
1998 6.41 % change on previous year +75.0%
1999 2.9 % change on previous year -54.8%
2000 0.5157 % change on previous year -82.2%
2001 2.02 % change on previous year +291.6%
2002 -2.06 % change on previous year -202.0%
2003 3.04 % change on previous year -247.4%
2004 6.96 % change on previous year +129.2%
2005 -0.8017 % change on previous year -111.5%
2006 7.14 % change on previous year -990.2%
2007 7.97 % change on previous year +11.7%
2008 8.74 % change on previous year +9.6%
2009 6.74 % change on previous year -22.8%
2010 0.9716 % change on previous year -85.6%
2011 1.46 % change on previous year +50.1%
2012 -3 % change on previous year -305.8%
2013 2.53 % change on previous year -184.4%
2014 4.4 % change on previous year +73.7%
2015 3.95 % change on previous year -10.2%
2016 6.56 % change on previous year +66.3%
2017 -9.64 % change on previous year -246.8%
2018 6.54 % change on previous year -167.9%
2019 10.23 % change on previous year +56.4%
2020 -17.16 % change on previous year -267.7%
2021 9.6 % change on previous year -156.0%
2022 9.4 % change on previous year -2.2%
2023 7.15 % change on previous year -23.9%
2024 4.49 % change on previous year -37.3%

Biggest year-on-year movements

Years where Gross Domestic Product — Value US$, 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
2006 +990.2% -0.8017 % change on previous year 7.14 % change on previous year
1980 +974.8% -3.7 % change on previous year 32.33 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 10.59 % change on previous year -3.7 % change on previous year 26.05 % change on previous year 9
1980s 13.08 % change on previous year 8.2 % change on previous year 32.33 % change on previous year 10
1990s 6.03 % change on previous year 2.9 % change on previous year 9.1 % change on previous year 10
2000s 4.03 % change on previous year -2.06 % change on previous year 8.74 % change on previous year 10
2010s 2.4 % change on previous year -9.64 % change on previous year 10.23 % change on previous year 10
2020s 2.7 % change on previous year -17.16 % change on previous year 9.6 % change on previous year 5

Countries ranked near Dominica

  1. 137 Switzerland 4.71 % change on previous year compare
  2. 138 Bermuda 4.67 % change on previous year compare
  3. 139 New Caledonia 4.61 % change on previous year compare
  4. 141 United Arab Emirates 4.46 % change on previous year compare
  5. 142 El Salvador 4.46 % change on previous year compare
  6. 143 Jordan 4.43 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Dominica

All data for Dominica →

Frequently asked questions

What is gross domestic product — value us$, annual growth rate in Dominica?
Gross domestic product — value us$, annual growth rate in Dominica was 4.49 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value us$, annual growth rate recorded in Dominica?
The highest recorded value was 32.33 % change on previous year in 1980.
What is the lowest gross domestic product — value us$, annual growth rate recorded in Dominica?
The lowest recorded value was -17.16 % change on previous year in 2020.
How does Dominica rank for gross domestic product — value us$, annual growth rate?
Dominica ranks 140th out of 236 countries with data for 2024.
Is gross domestic product — value us$, annual growth rate rising or falling in Dominica?
Over the last ten years it is up 2.0%. 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 — Value US$, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$, annual growth rate in Dominica. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us-annual-growth-rate/dominica/

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How this figure is calculated

The year-on-year percentage change in Gross Domestic Product — Value US$. 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 — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 13,305 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.