Total debt service in Dominica
Dominica: Total debt service was 29.4% in 2024. ◆ Volatile
Total debt service in Dominica, 1981–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
The most recent figure for total debt service in Dominica is 29.4%, measured in 2024. That is the highest value across all 44 years on record.
The figure is up 29.3% on the previous year and up 273.5% over ten years.
Over the whole period, total debt service in Dominica peaked at 29.4% in 2024 and was at its lowest, 2.5%, in 1981.
Dominica ranks 16th of 120 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total debt service in Dominica, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1981 | 2.5% | — |
| 1982 | 2.8% | +12.7% |
| 1983 | 5.6% | +100.7% |
| 1984 | 11.0% | +95.0% |
| 1985 | 11.2% | +2.0% |
| 1986 | 8.5% | -24.2% |
| 1987 | 11.9% | +39.8% |
| 1988 | 8.6% | -27.8% |
| 1989 | 9.5% | +11.3% |
| 1990 | 6.6% | -30.5% |
| 1991 | 6.4% | -3.0% |
| 1992 | 6.1% | -5.9% |
| 1993 | 7.5% | +23.9% |
| 1994 | 7.5% | +0.6% |
| 1995 | 6.3% | -15.9% |
| 1996 | 5.6% | -11.1% |
| 1997 | 7.8% | +39.1% |
| 1998 | 7.0% | -10.9% |
| 1999 | 6.9% | -1.3% |
| 2000 | 6.7% | -2.8% |
| 2001 | 11.2% | +67.8% |
| 2002 | 8.0% | -29.1% |
| 2003 | 8.7% | +8.9% |
| 2004 | 9.4% | +8.5% |
| 2005 | 9.8% | +4.0% |
| 2006 | 9.8% | -0.1% |
| 2007 | 10.3% | +5.5% |
| 2008 | 9.4% | -8.6% |
| 2009 | 10.4% | +10.4% |
| 2010 | 6.9% | -33.9% |
| 2011 | 7.2% | +4.0% |
| 2012 | 9.6% | +34.2% |
| 2013 | 9.6% | -0.0% |
| 2014 | 7.9% | -17.9% |
| 2015 | 12.0% | +53.0% |
| 2016 | 11.5% | -4.5% |
| 2017 | 14.9% | +29.7% |
| 2018 | 22.6% | +51.6% |
| 2019 | 16.7% | -26.2% |
| 2020 | 26.4% | +58.3% |
| 2021 | 19.8% | -25.1% |
| 2022 | 21.0% | +6.0% |
| 2023 | 22.8% | +8.4% |
| 2024 | 29.4% | +29.3% |
Dominica compared with similar countries
- Dominica's 29.4% is above the median for upper middle income countries, which is 14.4%, 2.0× the median. (51 countries reporting)
- Dominica's 29.4% is above the median for Latin America & Caribbean, which is 19.8%, 1.5× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.0% | 2.5% | 11.9% | 9 |
| 1990s | 6.8% | 5.6% | 7.8% | 10 |
| 2000s | 9.4% | 6.7% | 11.2% | 10 |
| 2010s | 11.9% | 6.9% | 22.6% | 10 |
| 2020s | 23.9% | 19.8% | 29.4% | 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)
- 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 total debt service in Dominica?
- Total debt service in Dominica was 29.4% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Dominica?
- The highest recorded value was 29.4% in 2024.
- What is the lowest total debt service recorded in Dominica?
- The lowest recorded value was 2.5% in 1981.
- How does Dominica rank for total debt service?
- Dominica ranks 16th out of 120 countries with data for 2024.
- Is total debt service rising or falling in Dominica?
- Over the last ten years it is up 273.5%. The long-run trend across the full record is volatile.
- Where does this Dominica data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Total debt service to exports of goods, services and primary income. Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.