Gross National Income — Value Standard Local Currency, annual growth in Dominica

Dominica: Gross National Income — Value Standard Local Currency, annual growth was 7.1 % change on previous year in 2023. ◆ Volatile

Latest (2023)
7.1 % change on previous year
Change on year
down 26.4%
World rank
138th
of 231 countries
All-time high
34.4 % change on previous year
in 1980
All-time low
-14.23 % change on previous year
in 2020
Years of data
53
1971–2023

Gross National Income — Value Standard Local Currency, annual growth in Dominica, 1971–2023

-100102030197119972023

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

Analysis

In 2023, gross national income — value standard local currency, annual growth in Dominica stood at 7.1 % change on previous year.

Compared with earlier readings it is down 26.4% on the previous year and up 169.2% over ten years.

Over the whole period, gross national income — value standard local currency, annual growth in Dominica peaked at 34.4 % change on previous year in 1980 and was at its lowest, -14.23 % change on previous year, in 2020.

That places Dominica 138th out of 231 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 National Income — Value Standard Local Currency, annual growth in Dominica, year by year

Annual values for Gross National Income — Value Standard Local Currency, annual growth rate in Dominica, 1971 to 2023.
Year % change on previous year Change
1971 11.2 % change on previous year
1972 3.63 % change on previous year -67.5%
1973 16.34 % change on previous year +349.5%
1974 33.07 % change on previous year +102.4%
1975 11.79 % change on previous year -64.4%
1976 17.84 % change on previous year +51.4%
1977 13.64 % change on previous year -23.5%
1978 23.6 % change on previous year +72.9%
1979 -1.72 % change on previous year -107.3%
1980 34.4 % change on previous year -2098.5%
1981 12.49 % change on previous year -63.7%
1982 8.13 % change on previous year -34.9%
1983 11.17 % change on previous year +37.4%
1984 10.61 % change on previous year -5.1%
1985 9.54 % change on previous year -10.1%
1986 12.83 % change on previous year +34.5%
1987 12.4 % change on previous year -3.4%
1988 17.51 % change on previous year +41.2%
1989 9.06 % change on previous year -48.3%
1990 6.86 % change on previous year -24.4%
1991 6 % change on previous year -12.5%
1992 6.09 % change on previous year +1.5%
1993 4.35 % change on previous year -28.6%
1994 0.6913 % change on previous year -84.1%
1995 2.13 % change on previous year +208.6%
1996 4.89 % change on previous year +129.2%
1997 4.92 % change on previous year +0.6%
1998 7.05 % change on previous year +43.4%
1999 -0.8599 % change on previous year -112.2%
2000 -2.85 % change on previous year +230.9%
2001 7.12 % change on previous year -350.3%
2002 -3.12 % change on previous year -143.8%
2003 3.61 % change on previous year -215.8%
2004 5.56 % change on previous year +53.7%
2005 0.4215 % change on previous year -92.4%
2006 11.92 % change on previous year +2728.1%
2007 7.07 % change on previous year -40.7%
2008 9.48 % change on previous year +34.2%
2009 8.09 % change on previous year -14.7%
2010 1.89 % change on previous year -76.7%
2011 1.25 % change on previous year -33.6%
2012 -2.87 % change on previous year -329.3%
2013 2.64 % change on previous year -192.0%
2014 4.52 % change on previous year +71.3%
2015 1.56 % change on previous year -65.5%
2016 7.64 % change on previous year +390.0%
2017 -13.09 % change on previous year -271.3%
2018 14.43 % change on previous year -210.2%
2019 8.15 % change on previous year -43.5%
2020 -14.23 % change on previous year -274.7%
2021 7.85 % change on previous year -155.1%
2022 9.65 % change on previous year +22.9%
2023 7.1 % change on previous year -26.4%

Biggest year-on-year movements

Years where Gross National Income — Value Standard Local Currency, annual growth 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 +2728.1% 0.4215 % change on previous year 11.92 % change on previous year
1980 +2098.5% -1.72 % change on previous year 34.4 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 14.38 % change on previous year -1.72 % change on previous year 33.07 % change on previous year 9
1980s 13.82 % change on previous year 8.13 % change on previous year 34.4 % change on previous year 10
1990s 4.21 % change on previous year -0.8599 % change on previous year 7.05 % change on previous year 10
2000s 4.73 % change on previous year -3.12 % change on previous year 11.92 % change on previous year 10
2010s 2.61 % change on previous year -13.09 % change on previous year 14.43 % change on previous year 10
2020s 2.59 % change on previous year -14.23 % change on previous year 9.65 % change on previous year 4

Countries ranked near Dominica

  1. 135 Latvia 7.54 % change on previous year compare
  2. 136 Grenada 7.45 % change on previous year compare
  3. 137 Belgium 7.43 % change on previous year compare
  4. 139 Vietnam 7.05 % change on previous year compare
  5. 139 Viet Nam 7.05 % change on previous year compare
  6. 141 Myanmar 7.03 % change on previous year compare

See the full ranking of 232 places →

More economy & growth data for Dominica

All data for Dominica →

Frequently asked questions

What is gross national income — value standard local currency, annual growth in Dominica?
Gross national income — value standard local currency, annual growth in Dominica was 7.1 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gross national income — value standard local currency, annual growth recorded in Dominica?
The highest recorded value was 34.4 % change on previous year in 1980.
What is the lowest gross national income — value standard local currency, annual growth recorded in Dominica?
The lowest recorded value was -14.23 % change on previous year in 2020.
How does Dominica rank for gross national income — value standard local currency, annual growth?
Dominica ranks 138th out of 231 countries with data for 2023.
Is gross national income — value standard local currency, annual growth rising or falling in Dominica?
Over the last ten years it is up 169.2%. 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 National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross National Income — Value Standard Local Currency, annual growth in Dominica. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-national-income-value-standard-local-currency-annual-growth-rate/dominica/

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How this figure is calculated

The year-on-year percentage change in Gross National Income — Value Standard Local Currency. 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 National Income — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
232 places, 11,164 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.